The intelligence behind Runway

Startup Runway announced the closing of a $50 million investment round, in which it was valued at $500 million. As important as the amount was the fund that led the financing, Felicis, a Californian VC, behind several companies that, after its backing, have become unicorns. Runway is a platform created by two Chileans and a Greek and today is at the forefront of the area. It’s one of the startups revolutionizing the ways we make videos, images, and texts thanks to AI.

More News

Next Article

Nubank obtains US$150M loan to strengthen its presence in Colombia

January 26, 2023

Brazil based Nubank, Latin America’s largest fintech aims to consolidate its growth in Colombia, where it has already issued 400,000 cards, with financing from the International Finance Corporation (IFC). Since 2020, is the third country in LatAm where this fintech operates, which previously opened in Mexico (2019) and Brazil (2013), with more than 70 million customers. Greater financial inclusion is a must for economic growth, and digital banking will play a key role in meeting the needs of underbanked and unbanked retail customers in Colombia.

CDPI Emerging Markets
Featured Article

Customer Data Platform Industry Adds New Vendors: CDP Institute Report

July 12, 2024

Software vendors continued to add Customer Data Platform (CDP) capabilities to existing systems in the first half of 2024, according to the CDP Institute’s latest Industry Update report.  Nearly all of the dozen companies appearing in the report for the first time started as marketing or messaging applications and added CDP capabilities after they were built.  These firms accounted for most of the industry growth during the report period.

Press Releases & Coverage