As the world continues to work through how to handle the explosion of deepfake content online, it seems that not all AI-created videos are stirring controversy. Synthesia, a London startup building products around highly realistic AI avatar technology, says it’s a big hit with enterprises, with some 60,000 of them — 1 million users — tapping the tech to build avatar-based videos from text documents, for sales and marketing, for training and more. Now VCs also want to get in on the action. Synthesia today confirmed that it has closed a funding round of $180 million, a Series D that catapults the company’s valuation to $2.1 billion. NEA is leading the round, with participation from new investors WiL (World Innovation Lab), Atlassian Ventures, and PSP Growth, plus previous backers GV and MMC Ventures. Synthesia has raised $330 million to date. The startup plans to use the funding for hiring, particularly to expand in Asia Pacific – the bulk of Synthesia’s business today is in Europe and North America – and to continue evolving its products.

Full report : Synthesia, a London-based B2B startup building products around highly realistic AI avatar technology, raised a $180 million Series D led by NEA at a $2.1 billion valuation.