Moonvalley is also developing an interface with storyboarding and granular clip adjustment tools, allowing video generation from text prompts, sketches, photos, and other clips. The startup, founded by Naeem Talukdar, Mateusz Malinowski, Mik Binkowski, and Bryn Mooser, aims to address industry concerns about AI's impact on jobs and copyright issues. Moonvalley plans to allow creators to remove their content from its models, enable customers to delete their data, and offer an indemnity policy to protect users from copyright challenges. The company is committed to building guardrails around its tools to prevent misuse, such as generating videos of specific people or celebrities.
Key takeaways:
- Moonvalley, a Los Angeles-based startup, has raised approximately $53 million in total funding, with $10 million being additional cash from 14 unnamed investors.
- The company differentiates itself by using licensed data for training its AI models, aiming to avoid legal issues related to copyright infringement.
- Moonvalley's Marey model offers customization options and can generate videos from text prompts, sketches, photos, and other video clips.
- Moonvalley is committed to building guardrails around its tools to prevent misuse, such as blocking NSFW content and not allowing the generation of videos featuring specific people or celebrities.