❯ Sand.ai announces $200 million Series A+ to advance video models and VidMuse
Three hundred million dollars in ten monthsVideo-generation company Sand.ai announced a $200 million Series A+ on November 5 at a valuation above $1 billion, bringing funding over the previous ten months to about $300 million. CoStone Capital and Wangsu Science & Technology co-led, with existing investors participating. This is the company’s third financing round this year, bringing together strategic investors, yuan funds and US-dollar investors.
Models meet paid creationFounded by Cao Yue in early 2024, Sand.ai developed autoregressive video model MAGI-1 and joint audio-video model GAGA-1, followed by the MAGI-2 Preview research release. Its paid application VidMuse supports music videos, product advertising and anime dramas, connecting generation tools with practical creation workflows. The company also plans to release the full MAGI-2 version in the near term.
Revenue and compute expand togetherDealStreetAsia reports that VidMuse launched in January and surpassed $10 million in annual recurring revenue within two months. The metric annualizes recurring revenue at the prevailing pace and describes the subscription business at that point. The company plans to deploy the proceeds into foundation-model research and training, inference infrastructure, product development and global expansion.
▮ SIGNALVidMuse gives Sand.ai a paid distribution channel for its models, making this round a bet on coordinated progress in capability, generation cost and the creation experience.