Fresh funding propels Moments Lab to scale video discovery with agentic AI

Moments Lab has raised US$24 million in new capital funding that will accelerate its US expansion and advance its R&D work. 

Co-founded by twin brothers Fred and Philippe Petitpont in 2016, Moments Lab addresses the growing challenges of managing and monetising vast video libraries. Its AI enables entertainment companies, sports organisations, and global brands to rapidly index, archive, search, repurpose, and monetise content, at scale.

Philippe Petitpont, Co-Founder & CEO, Moments Lab, 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.”

MXT multi-modal AI instantly analyses and breaks videos down into meaningful scenes, recognising who is in them, what is happening, where it is taking place, and even what kind of shots are used.

It can also identify the best soundbites from interviews, speeches, or press conferences —  faster, more efficiently, and with more precision than what is humanly possible, according to the company. It claims that, unlike most other AI indexing technologies, MXT can be customised to users’ needs. This includes detecting certain people, brand logos, specific highlights, and content types at scale or aligning the AI’s output with an organisation’s tone of voice.

Fred Petitpont, Co-Founder & CTO, Moments Lab, added, “Quality indexing metadata is the foundation of a valuable AI agent user experience, and that’s exactly what we’re providing to our clients with MXT and our AI agent, which has exceeded expectations in its closed beta launch.

“Some users tell us it’s like having an additional team member!”