BRIA raises $24 million Series A for ‘ethical’ visual generative AI platform
BRIA raises $24 million Series A for ‘ethical’ visual generative AI platform
The Israeli startup collaborates with many of the world’s leading stock image providers and manages over one billion licensed images. These images are used to train BRIA’s text-to-image foundation models while ensuring the original creators, artists, and media companies receive royalties to fairly compensate for their images’ contribution to the final generated output
BRIA, which has developed a visual generative AI open platform, announced on Wednesday that it has raised $24 million in Series A funding. The round was jointly led by GFT Ventures, Intel Capital, and Entrée Capital with additional investors including, Publicis Groupe, Getty Images, Samsung Next, IN venture (Sumitomo Corporation, Japan), Atinum Investment (South Korea), Z Venture Capital (LY Corporation, Japan), Mirae Asset Venture Investment, J-Ventures, and others.
BRIA enables companies to easily tailor their visual requirements and allows developers to seamlessly integrate generative AI capabilities into any existing product, solution, or system as a source code and pre-trained model, API, and SDK.
BRIA collaborates with many of the world’s leading stock image providers and manages over one billion licensed images. These images are used to train BRIA’s text-to-image foundation models while ensuring the original creators, artists, and media companies receive royalties to fairly compensate for their images’ contribution to the final generated output.
BRIA’s platform is trained solely on licensed imagery and contains no public figures, trademarks, or privacy concerns, which safeguards a company from legal challenges, offers full liability, and grants businesses complete access to text-to-image and text-to-video models.
“With the rapid adoption of generative AI in commercial operations, and as 70% of CEOs agree with the need to act urgently on generative AI to avoid giving their competitors a strategic advantage, it is vital that final outputs are developed from ethical, unbiased, and licensed sources without holding the foundation models in a walled garden,” said Dr. Yair Adato, CEO and Founder of BRIA. “It is essential that companies are equipped with generative AI capabilities as part of their core technology stack so they can seamlessly scale their operations and ensure they own intellectual property and data. This is precisely what BRIA is providing to any company using our licensed-sourced platform and we are thrilled with this opportunity to empower more businesses with the ability to generate AI responsibly.”
Dr. Adato emphasizes that "amidst these challenging times, we find great encouragement in the investors' demonstration of faith in the company, and in our capacity to sustain growth both presently and in the times ahead."