French AI company Moments Lab has secured $24 million in its latest funding round, with contributions from Oxx, Orange Ventures, Kadmos, Supernova Invest, and Elaia Partners.
The company said the new capital will accelerate its move into the United States as well as fund R&D work as it builds on the success of its patented MXT-2 multimodal AI and rolls out a specialised agentic AI for video discovery and storytelling.
Moments Lab co-founder and CEO Philippe Petitpont said: “Bringing efficiency to organisations 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.
“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.”
Moments Lab’s clients include Thomson Reuters, Sinclair, Hearst, Amazon Ads, and Banijay.
