Luma AI raises Series C funding led by Humain

20 Nov 2025, 06:17 PM

AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners participated in the funding round.

Team Head&Tale

Luma AI, a video generation AI startup, said it has raised $900 million in a Series C funding round led by Humain, which is AI company owned by Saudi Arabia’s Public Investment Fund.

AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners participated in the funding round, said Luma Ai in a statement.

The fresh capital will help the startup to train its large scale world models, it added.

"We are also partnering deeply across customized models, go-to-market, and deployment of frontier capabilities to build a full end-to-end value-chain for multimodal AI," said Amit Jain, CEO and co-founder of Luma AI.

Tareq Amin, CEO of Humain, noted that its investment in Luma AI combined with Humain's 2GW supercluster will help them to train, deploy, and scale multimodal intelligence at a frontier level.

Luma AI, which was founded in 2021 by  Jain, Alberto Taiuti, and Alex Yu, started as a venture by letting people capture objects in 3D using their smartphones. It says that it is now building a multimodal general intelligence that can generate, understand, and operate in the physical world. This year, it launched Ray3, a reasoning video model that it claims can produce physically accurate videos, animations and visuals.

Prior to this funding round, Luma AI had raised $43 million in Series B last year from Andreessen Horowitz, among others.

Who Reads Us

I enjoy reading The Head and Tale for their coverage on the Fintech landscape. The reporting is incisive and honest,  and it demonstrates a sharp understanding of the industry and the issues that concern it. I'd like to extend my best wishes to Arti for her continued success.

Rahul Chari, Co-Founder and CTO, PhonePe
Rahul Chari Co-Founder And CTO, PhonePe

Well-researched, informative and analysis based reporting makes an interesting read. 'The Head and Tale' news portal has been demonstrating this quite well covering fintech and emerging tech sectors. Their timely updates, exclusive stories and different perspectives on these sectors help me stay informed. Kudos to Arti Singh for pursuing her passion and best wishes to the team.

Rishi Gupta, MD & CEO, Fino Payments Bank
Rishi Gupta MD & CEO, Fino Payments Bank

The Head and Tale stands out for its deep industry knowledge and impressive network of sources. I especially appreciate that the reporting remains independent, rarely resorting to paid puff pieces, making it a publication I can genuinely trust. Having followed Arti’s work for years, I’ve come to rely on The Head and Tale for its unparalleled insight and truly independent coverage. Arti’s long-standing presence in the sector means her reporting is always informed, with access few can match.

Lizzie Chapman, co-founder, ZestMoney
Lizzie Chapman Co-founder, ZestMoney

What I really appreciate about The Head and Tale is that it doesn’t just report the news, it interprets it. The stories are well-researched, comprehensive, and bold. Arti brings a fearless lens to reporting, often asking the uncomfortable but necessary questions. She makes you pause, reflect, and rethink what it all means for the payments and fintech ecosystem. It’s rare to find journalism that’s this sharp, timely, and relevant to the work we do every day.

Mohit Bedi, co-founder, Kiwi
Mohit Bedi Co-founder, Kiwi

I’ve always valued journalism that goes beyond surface-level headlines. The Head and Tale does exactly that - it connects the dots, asks the tough questions, and brings clarity to the shifts shaping our evolving industry. I’ve even encouraged my team members to subscribe, because staying informed through credible, deeply reported stories is as important as building products. For me, The Head and Tale has become part of essential reading.

Cofounder of IPO-bound leading fintech lending company
Cofounder of IPO-bound leading fintech lending company