ET 09:34

Runway Technologies (RWDA) Secures $315M Series E to Boost $5.3B Valuation World Models

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Runway Technologies (RWDA) closed a $315 million Series E funding round, nearly doubling its valuation to $5.3 billion. The proceeds will support pre-training the next generation of world models to expand into new products and industries, with the company leveraging compute capacity expanded through its partnership with CoreWeave. Runway released its first world model in December and is positioning it central to applications in medicine, climate, energy, and robotics, beyond its established base in media, entertainment, and advertising. The latest Gen 4.5 video generation model, outperforming offerings from Google and OpenAI on benchmarks, has driven investor interest. The round, led by General Atlantic with participation from Nvidia, Fidelity Management & Research, Adobe Ventures, and others, supports rapid expansion of the roughly 140-person team in research, engineering, and go-to-market.

EditorLim