Luma AI
Luma AI builds multimodal generative AI and world models for video and 3D creation, sold via the Dream Machine app and API to creators, studios, marketers and developers.
Luma AI develops multimodal foundation models, including the Ray video models and the Dream Machine text-to-video platform. They are sold through an API and a content creation suite aimed at marketing, media and entertainment customers. In November 2025 it closed a $900M Series C led by HUMAIN (Saudi PIF-owned) at a valuation of about $4B. Investors also include AWS, AMD Ventures, a16z and Amplify, and total funding is about $1.06B. It is expanding with new offices in London and Riyadh.
Luma AI develops tools that let users generate photorealistic images and videos from text, image, or video prompts. Crunchbase rank #438.