Rounds / LLM / foundation models

Twelve Labs

Korean-founded video AI company, started in San Francisco in 2021, building multimodal video understanding models including Marengo and Pegasus.

Website

www.twelvelabs.io

Headquarters

San Francisco

Founded

2021

Rounds

1. Series B

   2 Jul 2026

   $100 million

   Lead: NEA, Naver Ventures

   Also in the round: Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital, Red Bull Ventures

   The article says the round pushed total funding raised to over $200 million. That cumulative figure is not the size of this round. A won figure was not stated. The date is the report date.

   • Startup Recipe: TwelveLabs raises $100M to build Video Superintelligence

2. Strategic

   13 Dec 2024

   $3 million

   Lead: SK Telecom

   Also in the round: Not reported

   SK Telecom said it would invest $3 million. This is a strategic investment, not a named priced round.

   • KED Global: SK Telecom invests $3 mn in AI-powered video analysis startup Twelve Labs

3. Series A

   5 Jun 2024

   $50 million

   Lead: NVentures, New Enterprise Associates

   Also in the round: Index Ventures, Radical Ventures, WndrCo, Korea Investment Partners

   A won figure was not stated in this article.

   • KED Global: Nvidia co-leads Series A round for AI startup Twelve Labs

Send a correction or a missing round