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Media-related startup funding is one of many areas that hasn鈥檛 come close to recapturing record levels set a few years ago.

Nonetheless, we are seeing some large rounds getting done in the space of late. Confirmation of a fresh funding for one prominent company came this weekend, as , a streaming platform for independent films, closed on $100 million from .

Founded in 2007, London-based MUBI (formerly the Auteurs) pitches itself as 鈥渁 place to discover ambitious films by visionary filmmakers.鈥� It sells a monthly subscription to an international cross section of works, including many film festival award winners.

Its financing comes amid a sluggish period for venture funding in the media space. As charted below, funding to 附近上门 media-related industry categories has totaled around $10 billion annually in the past two calendar years 鈥� down more than two-thirds from the 2021 peak.

So far, 2025 looks on track to produce a funding total similar to last year. While we haven鈥檛 seen much activity around streaming platforms such as MUBI, we are seeing artificial intelligence-focused startups in the media space attract investors鈥� wallets and attention.

One of the larger rounds this year went to , a developer of AI models for media generation that raised $308 million in an April round. The new round 鈥� led by 鈥� values the AI video startup at more than $3 billion, about double its valuation from less than two years ago.

Two other AI-centric media upstarts 鈥� and 鈥� also secured rounds of $180 million each. ElevenLabs offers AI tools for generating voiceovers, while Synthesia provides tools for turning text into videos.

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