al, Benchmark, and Zeev Ventures, with new investor Aleph VC also participating. This marks a significant valuation jump from the company's previous valuation of $500 million. The funding was described by Decart co-founder Dean Leitersdorf as "wholly unnecessary," as the company has spent less than $10 million of the $153 million raised in the last 11 months [1]. Founded in 2023 by Leitersdorf and Moshe Shalev, Decart is developing an AI model called
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MirageLSD, which enhances video transformation capabilities with low latency and high quality. The company's GPU optimization stack has significantly reduced the cost of generating video content using diffusion models, making it a valuable tool for various industries such as gaming, real estate, film, and education.
Decart's ambitious funding round and high valuation reflect strong investor confidence in the company's potential to revolutionize interactive media and immersive experiences. The company's co-founders have set their sights on ambitious targets, aiming to create a trillion-dollar entity and push the boundaries of real-time creative AI.
Despite the substantial funding, Decart has used less than $10 million of the investor capital, funding its compute requirements through revenue generated