Lowenstein Sandler represented Lakestar as the lead Investor in the $22 million Series A funding round in Colossyan, a London-based AI-text-to-video platform. The round saw participation from existing investors Launchub, Day One Capital, and Emerge Education.
The Colossyan tool is used for corporate training videos and can reduce production cost and time by 70-80 percent.
Lakestar is a European venture capital firm that invests from seed to growth in visionary tech entrepreneurs worldwide.
The Lowenstein deal team included Anthony O. Pergola, Sara Uz, Manali Joglekar, Tina Aoun, and Henry M. Xu.
