Mago funding news – Paris-based Mago has Secured €1.5 Million in Pre Seed Funding
Nov 26, 2024 | By Kailee Rainse
French startup Mago, focused on AI-driven video transformation, has raised €1.5 million in pre-seed funding from Berlin-based Atlantic Labs.
SUMMARY
- French startup Mago, focused on AI-driven video transformation, has raised €1.5 million in pre-seed funding.
- Mago is an AI-powered software that transforms and stylizes all types of video (like films, 3D animations, or text-to-video) into various aesthetics.
Funding Utilisation
The funding will help it to grow its team, speed up development, and prepare for its market launch in early 2025.
Read also - Taito.ai funding news - Helsinki-based Taito.ai has Secured €2.5 Million in Seed Funding
Mago Aim
It aims to transform video production with an AI-powered platform that blends professional precision with artistic flexibility. Built on co-founder Aleksandr Spirin’s open-source project WarpFusion, it is designed for freelancers, studios, and creative agencies.
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Team SR
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Alvaro Lamarche Toloza, co-founder of Mago said, “Think of it as a universal filter for professional video, offering complete creative control and freedom,”“By accelerating production pipelines, we empower creators to do more with less, while preserving human creativity. Our goal is to amplify creative capabilities, not replace them.”
It’s technology lets creators change live-action footage into any artistic style, like animation or oil painting, while keeping high quality and consistency. The platform is easy to use, designed for AI workflows, and gives creators full control over the process.
In the future, it plans to integrate with popular software like Unreal Engine and Blender, and offer options for both cloud and on-premise use.
About Mago
Mago is an AI-powered software that transforms and stylizes all types of video (like films, 3D animations, or text-to-video) into various aesthetics. It helps reduce the cost of creating stylized content in genres like anime, sci-fi, or historical fiction.