AI video startup Moonvalley lands $53M, according to filing

Moonvalley, a Los Angeles-based AI tools startup for video creation, successfully raised an additional $10 million in funding, bringing its total to around $53 million from 14 investors. The company distinguishes itself by using unique data licensing and safeguards in its models, offering creators control over their content and enabling users to delete data or files. Moonvalley is also developing an interface with tools like storyboarding and granular clip adjustments for filmmakers, addressing concerns about AI disrupting the film industry while ensuring user safety through content controls and indemnity policies.