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Today: October 5, 2024
June 20, 2024
1 min read

StoryBox: Germany’s AI B2B Video Startup Raises €55M

TLDR:

  • Munich-based StoryBox, an AI-powered B2B video creation startup, raises €5.5M in a Series A round of funding.
  • The round was led by new investor Wille Finance, along with existing investors BayBG, HTGF, CK Ventures, and G8 Way Ventures.

Germany’s AI-powered B2B video creation startup, StoryBox, has raised €5.5M in a Series A round of funding. The funding round was led by new investor Wille Finance, along with existing investors BayBG, High-Tech Gründerfonds (HTGF), CK Ventures, and G8 Way Ventures. The company offers AI-based video creation solutions for businesses.

StoryBox provides a solution that enables companies to quickly create, manage, and analyze high-quality video content. The platform aims to transform video content creation and management, especially in HR, employer branding, knowledge management, and social marketing. The company’s customers include Allianz, Evonik, RWE, and Telekom.

The funds raised will help StoryBox strengthen its role as an innovation leader in the market, develop the platform further, expand into new business areas, and improve its AI capabilities. The company aims to revolutionize corporate communications with its video-first approach and AI technologies.

Investors in the funding round include Wille Finance, BayBG, HTGF, CK Ventures, and G8 Way Ventures. These investors believe in StoryBox’s vision of revolutionizing corporate communications with video and are confident in the company’s growth potential.

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