Frammer AI, one click to convert long-form video into monetizable Shorts has raised $2 million in seed funding round led by venture capital firm Lumikai.
The company plans to use the additional funds to invest in data training for its priority areas and to broaden its products into sports and entertainment.
Read also – Ooredoo Qatar and Tech Mahindra Sign Strategic Partnership for Managed Security Services
The business was just appointed Brightcove’s AI content partner. Brightcove is a publicly traded US company that offers streaming services to publishers. Lumikai, a venture capital firm focused on interactive media and gaming, has supported various industry heavyweights, including Elo Elo, Bombay Play, All-Star Games, and Supernova.
“We’ve used all our experience and knowledge to train Frammer to deliver the most accurate results for complex content, and gratifying to see very effective results,” said Arijit Chatterjee.
“The need for and interest in short-form video has never been higher. We’re thrilled to hear from clients that Frammer is creating larger audiences for them by utilizing all their videos to their fullest potential,” said Singh.
About Frammer AI
Founded by NDTV’s former CEO-President Suparna Singh, former CTO Kawaljit Singh Bedi, and former chief strategy officer Arijit Chatterjee, Frammer AI provides an AI-powered studio that converts long-form video into monetizable shorts in one click. Auto-transcription for every video, Auto-captioning for every video, Auto-flip from Landscape to Portrait, Edit video by editing text, Searchable and actionable archives, Generate chapters by topic, Generate Key Moments, Generate Reels (90 seconds) & Shorts (60 seconds)
