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By

Vigneshwar Ravichandran

|

March 5, 2024

|

Last update:

May 16, 2024

Artificial Intelligence (AI)
Image credits: Haiper
LinkedInFacebookWhatsAppXTelegramShare

London-based Haiper, a video-generative AI platform, has come out of stealth
mode and announced on Tuesday that it has secured $13.8M (approximately €12.6M)
in a seed round of funding led by Octopus Ventures. 

The latest round brings Haiper’s total funding to $19.2M (approximately €17.6M)
ahead of its raising a Series A round in 2024. 

The company will use funds to develop and release a series of large trained
models that will push the boundaries of technology-enabled creativity and
imagination.  


HAIPER: BUILDING A FOUNDATION MODEL FOR VISUAL CONTENT

Founded by Dr. Yishu Miao (CEO) and Dr. Ziyu Wang (CTO), Haiper is building a
foundation model for visual content that allows anyone, even those without
technical experience to generate high-quality video content. 

To advance video-generative AI, companies need to scale models and data to
understand the world’s physics. 

Every frame of a video holds minute visual information, from light to motion and
texture, and object interactions. 

Once generative AI can intuitively replicate reality, it can create stunning and
true-to-life content, such as a linen shirt moving in the wind or a splash of
water.

The UK company’s team is training its perceptual foundation model with
distributed data processing and model training infrastructure designed to be
scaled up. 

Haiper currently offers a text-to-video tool that allows users to input written
prompts. 

These prompts are then used to create short video content, ranging from
practical and creative requests like a “scary video game avatar” to fun and
thought-provoking prompts that can be shared on social media.

Haiper says users have full creative licence over the direction of the content,
and can continually amend characters, objects, backgrounds, artistic styles, and
more to have granular control over the final visual product. 

Dr Yishu Miao, co-founder and CEO of Haiper, comments: “Our end goal is to build
an AGI with full perceptual abilities, which has boundless potential to assist
with creativity. Our visual foundation model will be a leap forward in AI’s
ability to deeply understand the physics of the world and replicate the essence
of reality in the videos it generates. Such advancements lay the groundwork for
AI that can understand, embrace, and enhance human storytelling.”

“As the barrier between ideation and implementation lowers, Haiper’s powerful
foundation model will give many in the industry the opportunity to develop
stunning content and visualise their ideas in ways that were previously
impossible. Our time in stealth was spent building up crucial distributed data
processing and model training infrastructure, which we’re excited to use this
funding to scale,” adds Miao. 


THE INVESTOR

Octopus is a multi-stage venture capital investor specialising in B2B software,
bio, climate, consumer, deep tech, fintech, and health. Each year, the VC
deploys more than £200M to help its portfolio companies scale at speed.

Rebecca Hunt, Partner at Octopus Ventures adds, “At Octopus, we look to back
exceptionally talented founders who have a unique insight into a market and a
strong technical edge. Only resilient, experienced teams can build cutting-edge
products and solutions, and with Haiper this is no different. The deeply
technical foundations of Haiper have enabled them to innovate and make
breakthroughs at a pace we haven’t yet seen in the AI Video space; they are sure
to become one of Europe’s big AI players. We look forward to continuing to back
Yishu and Ziyu on their world-changing mission.”

Topics:

 * Artificial Intelligence (AI)
 * Funding
 * News
 * Startups

Follow us:




VIGNESHWAR RAVICHANDRAN

Vigneshwar has been a News Reporter at Silicon Canals since 2018. A seasoned
technology journalist with almost a decade of experience, he covers the European
startup ecosystem, from AI and Web3 to clean energy and health tech. Previously,
he was a content producer and consumer product reviewer for leading Indian
digital media, including NDTV, GizBot, and FoneArena. He graduated with a
Bachelor's degree in Electronics and Instrumentation in Chennai and a Diploma in
Broadcasting Journalism in New Delhi.

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01octAll Day02Explore the future of enterprise technology: TechEx Europe 2024



02octAll Day04Amsterdam Fintech Event 2024 - AFE24Exclusive 50% discount inside!


EVENT DETAILS

Amsterdam Fintech Event (AFE) brings together professionals, entrepreneurs,
investors, and fintech enthusiasts from around the world in an informal and
interactive environment, encouraging participants to engage in meaningful


EVENT DETAILS

Amsterdam Fintech Event (AFE) brings together professionals, entrepreneurs,
investors, and fintech enthusiasts from around the world in an informal and
interactive environment, encouraging participants to engage in meaningful
conversations and explore innovative ideas.





How can you join AFE?





The programme, which will be regularly updated, has its hand on fintech’s pulse
with sessions on venture capital, wealth management, payments, data management,
AI, and more.





Interested in participating?! Below are three things to keep in mind when
purchasing your ticket:





   

 * After purchasing your general admission ticket, you’ll get a password that
   gives you access to all AFE events

   

   

 * Sessions are filled on a first-come, first-served basis, and spots are
   limited. So register quickly!

   

   

 * You must register for each session separately

   





Amsterdam Fintech Week (AFE) is jointly organised by The Vereniging Holland
Fintech (Holland Fintech Association) and Cognito Amsterdam.





Book your tickets here. Claim your exclusive community discount for 50% off with
the code SILICONCANALS_AFE24.







more




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Home » Artificial Intelligence (AI)


LONDON-BASED VIDEO-GENERATIVE AI PLATFORM HAIPER BAGS €12.6M TO GENERATE
HIGH-QUALITY VIDEO CONTENT

By

Ruud Caris

ShareLinkedInFacebookXWhatsAppTelegram

By

Ruud Caris

|

March 5, 2024

|

Last update:

March 5, 2024

English▼

Dutch English French German Italian Spanish
Artificial Intelligence (AI)
Image credits: Haiper
LinkedInFacebookWhatsAppXTelegramShare

London-based Haiper, a video-generative AI platform, has come out of stealth
mode and announced on Tuesday that it has secured $13.8M (approximately €12.6M)
in a seed round of funding led by Octopus Ventures. 

The latest round brings Haiper’s total funding to $19.2M (approximately €17.6M)
ahead of its raising a Series A round in 2024. 

The company will use funds to develop and release a series of large trained
models that will push the boundaries of technology-enabled creativity and
imagination.  


HAIPER: BUILDING A FOUNDATION MODEL FOR VISUAL CONTENT

Founded by Dr. Yishu Miao (CEO) and Dr. Ziyu Wang (CTO), Haiper is building a
foundation model for visual content that allows anyone, even those without
technical experience to generate high-quality video content. 

To advance video-generative AI, companies need to scale models and data to
understand the world’s physics. 

Every frame of a video holds minute visual information, from light to motion and
texture, and object interactions. 

Once generative AI can intuitively replicate reality, it can create stunning and
true-to-life content, such as a linen shirt moving in the wind or a splash of
water.

The UK company’s team is training its perceptual foundation model with
distributed data processing and model training infrastructure designed to be
scaled up. 

Haiper currently offers a text-to-video tool that allows users to input written
prompts. 

These prompts are then used to create short video content, ranging from
practical and creative requests like a “scary video game avatar” to fun and
thought-provoking prompts that can be shared on social media.

Haiper says users have full creative licence over the direction of the content,
and can continually amend characters, objects, backgrounds, artistic styles, and
more to have granular control over the final visual product. 

Dr Yishu Miao, co-founder and CEO of Haiper, comments: “Our end goal is to build
an AGI with full perceptual abilities, which has boundless potential to assist
with creativity. Our visual foundation model will be a leap forward in AI’s
ability to deeply understand the physics of the world and replicate the essence
of reality in the videos it generates. Such advancements lay the groundwork for
AI that can understand, embrace, and enhance human storytelling.”

“As the barrier between ideation and implementation lowers, Haiper’s powerful
foundation model will give many in the industry the opportunity to develop
stunning content and visualise their ideas in ways that were previously
impossible. Our time in stealth was spent building up crucial distributed data
processing and model training infrastructure, which we’re excited to use this
funding to scale,” adds Miao. 


THE INVESTOR

Octopus is a multi-stage venture capital investor specialising in B2B software,
bio, climate, consumer, deep tech, fintech, and health. Each year, the VC
deploys more than £200M to help its portfolio companies scale at speed.

Rebecca Hunt, Partner at Octopus Ventures adds, “At Octopus, we look to back
exceptionally talented founders who have a unique insight into a market and a
strong technical edge. Only resilient, experienced teams can build cutting-edge
products and solutions, and with Haiper this is no different. The deeply
technical foundations of Haiper have enabled them to innovate and make
breakthroughs at a pace we haven’t yet seen in the AI Video space; they are sure
to become one of Europe’s big AI players. We look forward to continuing to back
Yishu and Ziyu on their world-changing mission.”

Topics:

 * Artificial Intelligence (AI)
 * Funding
 * News
 * Startups

Follow us:




RUUD CARIS

FEATURED EVENTS | BROWSE EVENTS



Current Month




October

01octAll Day02Explore the future of enterprise technology: TechEx Europe 2024



02octAll Day04Amsterdam Fintech Event 2024 - AFE24Exclusive 50% discount inside!


EVENT DETAILS

Amsterdam Fintech Event (AFE) brings together professionals, entrepreneurs,
investors, and fintech enthusiasts from around the world in an informal and
interactive environment, encouraging participants to engage in meaningful


EVENT DETAILS

Amsterdam Fintech Event (AFE) brings together professionals, entrepreneurs,
investors, and fintech enthusiasts from around the world in an informal and
interactive environment, encouraging participants to engage in meaningful
conversations and explore innovative ideas.





How can you join AFE?





The programme, which will be regularly updated, has its hand on fintech’s pulse
with sessions on venture capital, wealth management, payments, data management,
AI, and more.





Interested in participating?! Below are three things to keep in mind when
purchasing your ticket:





   

 * After purchasing your general admission ticket, you’ll get a password that
   gives you access to all AFE events

   

   

 * Sessions are filled on a first-come, first-served basis, and spots are
   limited. So register quickly!

   

   

 * You must register for each session separately

   





Amsterdam Fintech Week (AFE) is jointly organised by The Vereniging Holland
Fintech (Holland Fintech Association) and Cognito Amsterdam.





Book your tickets here. Claim your exclusive community discount for 50% off with
the code SILICONCANALS_AFE24.







more




LEARN MORE

CalendarGoogleCal


TIME

October 2, 2024 - October 4, 2024 (All Day)(GMT+02:00)









PARTNER CONTENT | WORK WITH US

01


SPREADSHEETS TO SOFTWARE: HOW TECHNOLOGY CHANGED THE INVESTMENT LANDSCAPE AND
SUPPORTS ALTERNATIVE INVESTING

02


HOW DEEPLOY GIVES EXPLAINABLE AI (XAI) A CENTRAL PLACE IN MLOPS

03


MEET THE 11 SOCIAL INNOVATORS PITCHING AT DNNL X SOCIAL ENTERPRISE NL LAUNCHPAD
DEMO DAY 2024

04


EMPOWERING UKRAINIAN STARTUPS: HIGHLIGHTS FROM THE POWERUP UKRAINE 2024
CONFERENCE

05


MEET THE 10 PROMISING STARTUPS SELECTED FOR GLOVO STARTUP LAB

More

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€10.5M, NN SOCIAL INNOVATION STARTUP AWARDS LAUNCHED, AND MORE


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