Stability AI Funding History
Stability AI develops generative AI models for image, video, audio and 3D, offering media generation tools and flexible deployment options for business customers.
Company Overview
Founded 2019 · London, UK
Official WebsiteStability AI Funding Timeline
Seed/Series A
US$101 million
Stability AI said the funding would accelerate development of open AI models for images, language, audio, video and 3D.
Led by Coatue.
Source · en.wikipedia.org ↗Funding Round
about US$80 million
The funding accompanied a leadership change, with former Weta Digital executive Prem Akkaraju appointed CEO.
Participation included Coatue, Lightspeed Venture Partners, Eric Schmidt, Prem Akkaraju.
Source · reuters.com ↗Series B
US$76 million
Stability AI planned to expand its professional creative tools and services, and announced Coatue co-founder Thomas Laffont’s board appointment alongside the financing.
Participation included AMD Ventures, Coatue, Greycroft, Eric Schmidt.
Source · en.wikipedia.org ↗
Stability AI Founding Team
Emad Mostaque and Cyrus Hodes met at the World Governance Summit in 2019 and began developing a plan for an AI company. A Delaware court’s account of the early record places Stability AI’s incorporation in October 2020 and also refers to a third co-founder.
Stability AI Company Development
The Model Portfolio Expands Beyond Images
Stable Diffusion established image generation as the center of Stability AI's work. The model catalog expanded into video, audio and 3D, giving developers choices about what kind of media to generate and how to deploy the models in their own applications.
Stability AI Competitive Landscape
Model Deployment and the Creative Workspace
Stability offers model and deployment options for teams integrating generation into a product. Runway puts generation and editing into a workspace for visual production. A team building its own pipeline has a different need from a crew that wants tools for directing and revising shots.
