Just months after turning down a $3 billion acquisition offer from Adobe, London‑based startup Synthesia is preparing to announce a new funding round that values the company at roughly the same figure. According to industry reports, the round is expected to include fresh backing from NVIDIA’s Jensen Huang.
Founded in 2017 by Victor Riparbelli, Steffen Tjerrild, Lourdes Agapito, and Matthias Niessner, Synthesia grew out of research in computer vision, machine learning, and graphics. The founders shared a simple belief: video creation shouldn’t demand expensive studios or on‑camera talent. Their answer was to build a platform that lets anyone generate professional‑quality video directly from text.
That idea hit at the right moment. Businesses everywhere are under pressure to produce more video content for training, internal communication, and marketing, often across dozens of languages. Synthesia’s technology turns a script into a finished video in minutes, complete with customizable avatars that can deliver the message fluently in more than 120 languages.
The platform’s technical foundation is what truly sets it apart. Synthesia’s proprietary avatar‑generation system combines advanced neural rendering with strict ethical controls. Every avatar is modelled after a real person who has given explicit consent, and the videos are generated within a framework designed for privacy and enterprise‑grade data security.
Over the past year, the company raised $180 million at a $2.1 billion valuation, surpassed $100 million in annual recurring revenue, and even booked more than $1.1 million ARR in a single day over the summer.
The upcoming funding will support its push into the U.S. and Asian markets, as well as continued research into real‑time and interactive avatars.
