Framer Inc., a professional website design platform based in Amsterdam, has raised $100 million in a Series D funding round, achieving a valuation of $2 billion. The platform distinguishes itself by enabling nontechnical users to create interactive and responsive websites without extensive design or development expertise, leveraging artificial intelligence to streamline the design process. Framer is increasingly targeting enterprise customers, contributing to its rapid growth and significant market presence.
Synthesia, a UK-based startup specializing in AI-generated video avatars, has received a strategic investment from Adobe Ventures after achieving over $100 million in annual recurring revenue. This partnership highlights Adobe's focus on expanding its enterprise AI video tools while Synthesia continues to serve major corporations and develop new products despite currently being unprofitable.