Samsung Backs Video AI Startup Memories.ai with $8 Million Funding

Samsung backs Memories.ai, a startup that aims to analyze and contextualize thousands of hours of video footage using AI. The company's platform can process up to 10 million hours of video, providing searchable indexing, tagging, segments, and aggregation. The $8 million seed funding round was led by Susa Ventures and also included participation from Samsung Next, Fusion Fund, and other investors.

Samsung has invested in Memories.ai, a startup specializing in analyzing and contextualizing thousands of hours of video footage using AI. The company's platform can process up to 10 million hours of video, providing searchable indexing, tagging, segments, and aggregation. This $8 million seed funding round was led by Susa Ventures and also included participation from Samsung Next, Fusion Fund, and other investors [1].

Memories.ai's platform aims to overcome the limitations of current AI models in understanding video context beyond one or two hours. This is particularly relevant for security companies that need to analyze extensive video footage and marketing firms that want to study different video campaigns. The startup's co-founder, Dr. Shawn Shen, a former research scientist at Meta’s Reality Labs, believes that human visual memory can inspire a solution to better understand long contexts of video data [1].

The company's technology stack involves removing noise from videos, compressing important data, and creating an indexing layer for searchable data. It also includes an aggregation layer to summarize data and create reports. Currently, Memories.ai caters to marketing and security companies, helping them analyze trends and security footage [1].

Samsung Next sees the potential for Memories.ai's on-device computing capabilities to enhance security applications, addressing privacy concerns by reducing the need to store video data in the cloud. The company plans to expand its team and improve its search capabilities using the funds raised [1].

Memories.ai faces competition from other startups like mem0 and Letta, which also offer memory layers for AI models, but with limited video support. Additionally, established companies like TwelveLabs and Google are working on similar technologies. However, Memories.ai believes its horizontal approach allows it to work with different video models [1].

As Samsung and Micron intensify their pursuit of the high-bandwidth memory (HBM) market, Memories.ai's focus on video analysis offers a unique value proposition. The company's technology could play a role in various applications, from training humanoid robots to assisting self-driving cars [1].

References:
[1] https://techcrunch.com/2025/07/24/samsung-backs-a-video-ai-startup-that-can-analyze-thousands-of-hours-of-footage/