London-based Immersive Fox – a tech startup specialising in AI-generated videos for sales and corporate communication – has closed a £2.8 million seed funding round.

The company will advance its proprietary AI technology that allows clients to create unlimited video content using their face and voice.

The funding comes from a trio of prominent VC firms: Redseed VC, Monte Carlo Capital and Altair.

Immersive Fox, which currently has a host of customers on a waitlist across the fields of sales enablement, customer communications, learning & development and corporate communications, offers an alternative to traditional video content production – an often painful, time-intensive and expensive process for sales and marketing professionals. 

It claims its solution allows its clients to create personalised videos in just one minute.

Product and R&D plans including a video analytics tool, embeddable video player, UI animations and captions, and full body movement synthesis from text.

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“This significant investment is a testament to the hard work and dedication of our team, who work together diligently to bring a wealth of experience and professionalism to the table,” said Alisa Patotskaya, CEO and founder. 

“Both my team and investors are all excited to see how this innovation shapes the industry.”

Eugene Belov, managing partner at Redseed VC, added: “Artificial Intelligence came to the foreground of the investor community during 2022. With the rise of generative AI, the tremendous disruptive potential of this technology became apparent to the broader population. 

“However, the true value of any new technology lies in the extent to which it solves and simplifies existing problems and challenges. While we were very impressed with Immersive Fox’s tech stack and brilliant team, what really solidified the investment case for us was the company’s razor-sharp focus on the sales and marketing use case, which to this day saw very little innovation and disruption throughout the years. 

“We are strong believers in the tremendous value Immersive Fox and its technology can generate for sales teams across multiple verticals by constantly tailoring their product to their customer’s needs.”

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