Stability AI Ltd. Asset Profile

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Year established

2019

Location

London UK

Primary Industry

Software

About

Based in London, UK, and founded in 2019 by its CEO Emad Mostaque, Stability AI Ltd. operates as open-source artificial intelligence (AI) company that empowers developers to build a model for image, language, audio, video, 3D, and biology. In June 2024, Stability AI Ltd. raised USD 80 million in venture funding from new investor Greycroft Partners, with participation from returning investors Coatue Management, O'Shaughnessy Ventures, Lightspeed Venture Partners, and Sound Ventures. Individual and other unspecified investors also participated in the round. Stability AI Ltd. provides artificial intelligence tools to develop open AI models for image, language, audio, video, 3D, and biology using collective intelligence and augmented technology. It also provides web applications DreamStudio that provides access to tools without the need for software installation and Stable Diffusion a text-to-image AI program. The company will use the June 2024 funding to develop new product offerings and to improve its technology.

Current Investors

Lightspeed Venture Partners, Coatue Management, O'Shaughnessy Ventures

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Primary Industry

Software

Sub Industries

Multimedia & Graphics

Website

www.stability.ai

Verticals

Artificial Intelligence, Artificial Intelligence, Augmented Reality (AR), Cloud Computing, Virtual Reality (VR)

Company Stage

Angel & Seed

Total Amount Raised

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