An AI startup raised $24M to help media companies make high-quality video faster and cheaper. Here's its pitch deck.
Moments Lab is part of a growing number of AI startups raising money to reshape Hollywood and related fields.
Moments Lab provides tools that index video libraries and create new videos from raw footage.
The company recently raised $24 million in Series B funding from Oxx, with participation from Orange Ventures, Kadmos, Supernova Invest, and Elaia Partners. It plans to use the funding to build on its existing tech and roll out an agentic AI tool. To date, it's raised $37.4 million.
Paris-based Moments Lab was founded by twin brothers Fred and Philippe Petitpont in 2016. Philippe was a product manager for French media company TF1 Group, while Fred was a tech lead at French ad holding company Havas' BETC Digital. They say they saw a need for media and entertainment companies to produce more video at a lower cost to feed the growing streaming ecosystem. Their clients include Warner Bros. Discovery, Banijay Entertainment, Fullwell Entertainment, Hearst, Thomson Reuters, Sinclair, and Amazon Ads.
Moments Lab's core tool, MXT-2, breaks down and indexes video footage into components, like people who are on screen and what they're doing, and generates descriptions of them.
Its key pitch is that it saves users time and money. Philippe Petitpont said the tech can identify soundbites for clips for social media and things like trailers and highlight reels about seven times as fast as an employee could, citing internal research. He also said some clients have reported making twice as much revenue from social media using the product.
"For them, it's a way to create new revenue streams," Petitpont told Business Insider, referring to revenue from social media. "Before now, it was very complicated for production companies to create a revenue stream because there was a huge need for humans — it's a very tedious task."
Moments Lab's newer agentic AI tool, which it says Hearst is among those testing, takes raw video material and turns it into rough cuts using written prompts.
Petitpont said the AI agent can do this at a fraction of the time it takes people to do the work. He said its most promising application so far is in reality TV. Scripted TV is still a work in progress.
Petitpont said Moments Lab has gained momentum with Hollywood companies since the beginning of the year, as they face pressure to make more shows at lower costs. He said it's signed a big studio as a client, though he wouldn't name it.
"The demand from Netflix, Amazon's Prime Video, Peacock, is so strong that production companies need to produce more content than ever before, and they don't have more money to produce a show," he said. "Being able to produce at lower cost is more important than ever. That's where they're interested in using new approaches."
AI tools are widely used in Hollywood to make production processes more efficient and, for now, generate short videos from text.
But Hollywood is highly protective of its intellectual property, which is a barrier to adoption. Another is its labor unions, which worry that AI will replace their members.
Petitpont said one of the most time-consuming parts of the sales process is assuring companies' legal teams that it won't use their IP to train its model.
Moments Lab says its model is trained on a dataset of 1.5 billion assets that it describes as a mix of open-source content and content from partners that are part of its research program (a consortium of research labs, media rights owners, and tech companies).
The company doesn't shy away from the idea that automating work done by assistant editors and others can reduce the need for human workers. Petitpont said one US financial media client told him it expects to use fewer editors as a result of using its tech.
"The big question is: Will the assistant start to be the senior editor, or will the job disappear?" he said. "We don't know yet."
One thing there seems to be broad agreement on in the industry is that AI usage will grow — not only to save time on pre- and post-production functions, but make high-quality original video fast.
Other startups that tackle film editing functions include Runway, Filmustage, and Imaginario.
Petitpont said the ability for media companies to use AI to help make full-length documentaries based on their video libraries is only several months off, imagining a company building a film on the history of America using decades of news footage.
In a year, he expects Moments Lab to be able to provide predictive modeling tools that will let editors maximize the audience a given video will get.
"That's what we believe will be the next thing, and we're not very far from that because audience data is very easily available on YouTube," he said. "The tech is not the issue, it's more the rights."
Check out key slides from the pitch deck Moments Lab used to raise its Series B, with some confidential information removed.
Its clients are in sports, media, and consumer brands
Moments Lab
Moments Lab lists some of its clients, including Hearst, LVMH, Banijay Entertainment, and Brut.
It also gives proof points:
15,000 users
250,000 hours of video
50 enterprise customers
3,000 hours of video processed daily
The company touts its expertise and awards
Moments Lab
It's working to make rough cuts from raw footage
It cuts the time it takes to sift through raw footage
Moments Lab
Moments Lab's key employees and investors
Moments Lab

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Business Upturn
19 minutes ago
- Business Upturn
Minda Corporation forms joint venture with Toyodenso to manufacture advanced automotive switches in India
Minda Corporation has entered into a strategic joint venture with Japan-based Toyodenso to provide end-to-end solutions for the Indian automotive switch market. The partnership will cover design, development, manufacturing, and marketing of advanced automotive switches for two-wheelers, passenger vehicles, and other automotive segments. Minda Corporation will hold a 60% majority stake in the joint venture, while Toyodenso will hold the remaining 40%. The venture has already secured orders from Indian customers and plans to set up a greenfield manufacturing facility in Noida, Uttar Pradesh. Operations at the plant are expected to begin in the second half of FY 2026–27. This collaboration aligns with Minda Corporation's strategy to localize new technologies and expand its synergistic product portfolio. Toyodenso will contribute cutting-edge engineering and technology, while Minda Corporation will leverage its strength in localized manufacturing and supply chain management. The partnership is poised to meet the growing demand for technologically advanced switches in the Indian automotive sector. Ashok Minda, Chairman & Group CEO, Minda Corporation Limited, commented, 'We are very excited and privileged to partner with Toyodenso, a Global Japanese company with rich legacy of technological innovation. This partnership marks a pivotal milestone in our journey to drive smart mobility solutions while fostering indigenous manufacturing by integrating globally recognized technologies into India's automotive ecosystem.' Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Yahoo
34 minutes ago
- Yahoo
AirAsia close to buying at least 100 Airbus jets in shift to A220, sources say
PARIS (Reuters) -AirAsia is in advanced discussions to place an order for at least 100 Airbus jets at next week's Paris Airshow, a deal likely to mark the introduction to its fleet of the planemaker's smallest jet, the A220, industry sources said. AirAsia and Airbus declined to comment. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
37 minutes ago
- Yahoo
Polestar restarts market expansion with France
By Gilles Guillaume PARIS (Reuters) -Swedish premium carmaker Polestar will start delivering its electric vehicles in France this year with the goal of making it one of its three main European markets, its top executive for the country told Reuters. Confronted with a cash crunch, tariff pressures, and a broad slowdown in EV demand, the company, majority-owned by China's Geely Holding, has decided to focus its efforts more on profitable Europe. Even there, though, its initial rapid expansion has stalled, with the last new market launches dating back to 2022. "We are a young company, given we have had a very steady rhythm of launches and market openings, it is good too, at some point to pause for a moment, before launching again a cycle of market openings", Stephane Le Guevel, managing director for Polestar France, said. "We have decided this year to concentrate on France and to restart the tempo next year. We have talked about Central Europe and LatAm", he said. While the Sweden-based automaker has attempted to conquer the U.S. and Chinese markets, its premium cars have been better received in Europe, which accounts for 75% of its sales. Le Guével said that the automaker hoped France would, over the medium term, go on to become one of its top-selling markets in Europe, currently being Britain and Sweden. Polestar has tried to take on other premium brands, such as Mercedes, BMW, Audi, and Tesla, which it targeted in national ad campaigns seeking to entice Tesla owners to switch to Polestar. But its expansion has been on hold since it launched in Spain, Portugal and Italy about three years France, Polestar will start taking orders for its 2, 3 and 4 models on Wednesday, at starting prices ranging from 46,800 euros ($53,474) to 79,800 euros ($91,180). The first French showroom will open in Le Mans in July and first deliveries are expected from October. The company plans to have a robust servicing network and dedicated selling points still relying on its former owner Volvo Cars, which continues to manufacture some Polestar models. The company's French launch has been delayed by a complaint filed by PSA - now part of Stellantis - arguing the Polestar logo looked too much like the DS brand logo. Both parties reached an agreement in 2022 without disclosing its financial details. ($1 = 0.8752 euros) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data