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

Epoch Times
13 minutes ago
- Epoch Times
Qantas Shuts ‘Jetstar Asia' Brand, Final Flights at the End of July
Qantas has confirmed it will shut down its Singapore-based low-cost carrier Jetstar Asia by July 31, citing unsustainable operating costs and ongoing financial losses. Flights will taper off over the next seven weeks, with 16 intra-Asia routes to be phased out. The closure will not affect Jetstar Airways' international routes into Asia or Jetstar Japan's services. All flights in and out of Australia remain unchanged.
Yahoo
16 minutes ago
- Yahoo
Luther Seminary to sell St. Paul campus after 120 years
Luther Seminary to sell St. Paul campus after 120 years originally appeared on Bring Me The News. Luther Seminary's campus in St. Paul, which has operated for 120 years, will be vacated after the 2026-2027 school year, seminary leaders have announced. In a statement Tuesday, Luther Seminary President Robin Steinke said the seminary will be seeking a new space in the Twin Cities area and "shifting to a more nimble model" as 70% of its current students choose online education. 'Our mission to educate leaders for Christian communities remains as vital and necessary as ever,' Steinke stated. 'To remain sustainable over the long term, how we fulfill this mission will be transformed going forward." The seminary's Board of Directors voted unanimously to begin the transition, which will involve seeking a buyer for its 10-acre upper campus in the St. Anthony Park neighborhood. The seminary's lower campus is already under contract to be sold to Edina-based developer Lifestyle Communities. Board Chair Carlos Peña said the seminary is taking "bold, faithful steps to meet the needs of the global church and our students while continuing our dedication to theological depth and academic rigor." "We will continue to deliver faithful and high-quality online education experiences alongside strategic in-person learning, all in service to Christian communities around the world," he continued. Founded in 1869, Luther Seminary is the largest seminary in the Evangelical Lutheran Church in America (ELCA). This story was originally reported by Bring Me The News on Jun 10, 2025, where it first appeared.


The Hill
22 minutes ago
- The Hill
Rights group says global brands are at risk of links to forced labor in China's minerals industry
LONDON (AP) — Several global brands are among dozens of companies at risk of using forced labor through their Chinese supply chains because they use critical minerals or buy minerals-based products sourced from China's far-western Xinjiang region, an international rights group said Wednesday. The report by the Netherlands-based Global Rights Compliance says companies including Avon, Walmart, Nescafe, Coca-Cola and paint supplier Sherwin-Williams may be linked to titanium sourced from Xinjiang, where rights groups allege the Chinese government runs coercive labor practices targeting predominantly Muslim Uyghurs and other Turkic minorities. The report comes as China and the United States, the world's two largest economies, continue talks aimed at easing their trade dispute. The report found 77 Chinese suppliers in the titanium, lithium, beryllium and magnesium industries operating in Xinjiang. It said the suppliers are at risk of participating in the Chinese government's 'labor transfer programs,' in which Uyghurs are forced to work in factories as part of a longstanding campaign of assimilation and mass detention. Commercial paints, thermos cups and components for the aerospace, auto and defense industries are among products sold internationally that can trace their supply chains to minerals from Xinjiang, the report said. It said companies must review their supply chains. 'Mineral mining and processing in (Xinjiang) rely in part on the state's forced labor programs for Uyghurs and other Turkic people in the region,' the report said. The named companies did not immediately comment on the report. A 2022 United Nations report found China may have committed crimes against humanity in Xinjiang, where more than 1 million Uyghurs are estimated to have been arbitrarily detained as part of measures the Chinese government said were intended to target terrorism and separatism. The Chinese government has rejected the U.N. claims and defended its actions in Xinjiang as fighting terror and ensuring stability. In 2021, former U.S. President Joe Biden signed a law to block imports from the Xinjiang region unless businesses can prove the items were made without forced labor. The law initially targeted solar products, tomatoes, cotton and apparel, but the U.S. government recently added new sectors for enforcement, including aluminum and seafood. A recent report by the International Energy Agency said the world's sources of critical minerals are increasingly concentrated in a few countries, notably China, which is also a leading refining and processing base for lithium, cobalt, graphite and other minerals. Many of China's major minerals corporations have invested in the exploration and mining of lithium, a key component for electric vehicle batteries, in Xinjiang, Global Rights Compliance said. Xinjiang is also China's top source of beryllium, a mineral used for aerospace, defense and telecommunications, its report said.