<ul><li>Hedra, an AI video creation platform, raised $32M in Series A funding led by a16z, with participation from existing backers.</li><li>Launched last year, Hedra has already been used by nearly 3 million users to create over 10 million videos for various purposes.</li><li>The funding will fuel Hedra's growth by accelerating product development, enhancing user experience, and scaling the team efficiently.</li><li>Hedra aims to revolutionize content creation by combining generative AI with intuitive design, positioning itself as a major player in the future of character-driven content production.</li></ul>

Hedra Raises $32M Series A Led by a16z to Expand AI Video Creation Platform

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