Built for media and entertainment companies, sports organizations, and global brands, Moments Lab said it addresses “the growing challenges of managing and monetizing vast video libraries. Its AI enables organizations to rapidly index, archive, search, repurpose, and monetize content — at scale.”
Moments Lab has more than doubled its recurring revenue in the last 12 months and is on track to grow exponentially through 2025, with latest client signings including Thomson Reuters, Sinclair, Hearst, Amazon Ads and Banijay.
Moments Lab Co-founder and CEO Philippe Petitpont said: “Bringing efficiency to organizations working with video was just the beginning. With MXT, we can parse video at scale with unmatched speed. Now, we are focused on what humans can’t do — like generate rough cuts in minutes with a simple prompt.”
Petitpont continued: “Enabling teams to drill down from thousands of hours of video and glean insights about a specific topic in just seconds creates enormous value. This $24 million investment will accelerate the rollout of our agentic AI technology, which sets a new standard for intelligent video discovery. We’re excited to partner with our new investors Oxx, Orange Ventures, and Kadmos, and are grateful for the continued support from Supernova Invest and Elaia Partners.”
Gökçe Ceylan, principal at Oxx, said: “Moments Lab is one of those rare companies where the product actually feels like magic. The first time we saw MXT in action — pulling insights from hours of raw video in seconds — we knew this team was solving a problem that’s only getting bigger. Philippe and Fred [Moments Lab co-founder and CTO] have built a world-class AI engine and surrounded it with the kind of product DNA and customer empathy that gives them a serious edge. This blend makes Moments Lab a perfect example of the kind of company and people we like to partner with, and we’re excited to welcome them into the Oxx family.”
“MXT multimodal AI instantly analyzes and breaks videos down into meaningful scenes, recognizing who’s in them, what’s happening, where it’s taking place, and even what kind of shots are used. It can also identify the best soundbites from interviews, speeches, or press conferences — faster, more efficiently, and with more precision than what is humanly possible,” according to Moments Lab.
Unlike some other AI indexing technologies, MXT can be customized to users’ needs. Whether that’s detecting certain people, brand logos, specific highlights, and content types at scale or aligning the AI’s output with an organization’s tone of voice.
The post Moments Lab Raises $24 Million To Scale Video Discovery With Agentic AI appeared first on TV News Check.
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