Moments Lab Secures $24M to Advance Video Discovery AI for Global Media Expansion

Moments Lab, the leader in AI video discovery, has announced it has raised $24 million in funding, led by Oxx, with participation from Orange Ventures, Kadmos, Supernova Invest, and Elaia Partners.

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The new capital will accelerate Moments Lab's U.S. expansion and advance its R&D work as it builds on the success of its patented MXT-2 multimodal AI and rolls out a specialized agentic AI for video discovery and storytelling.

Built for media and entertainment companies, sports organizations, and global brands, Moments Lab addresses the growing challenges of managing and monetizing vast video libraries. Its AI enables organizations to rapidly index, archive, search, repurpose, and monetize content at scale.

Moments Lab has more than doubled its recurring revenue in the last 12 months and is on track to grow exponentially through 2025, with latest client signings including Thomson Reuters, Sinclair, Hearst, Amazon Ads, and Banijay.

Moments Lab Co-founder and CEO Philippe Petitpont said: “Bringing efficiency to organizations working with video was just the beginning. With MXT, we can parse video at scale with unmatched speed. Now, we are focused on what humans can't do — like generate rough cuts in minutes with a simple prompt.”