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Hedra Raises $32M Series A
TechCrunch covered our portfolio company Hedra's $32 million Series A, led by Andreessen Horowitz. Founded by Michael Lingelbach, Hedra's Character-3 model has become widely popular for AI character-driven content, including the viral talking-baby podcast trend, enabling creators to produce videos featuring expressive AI characters.
Since launching their first video model in June 2024, Hedra has seen significant momentum. The March 2025 release of Character-3 drove substantial user growth and attracted investors including Index Ventures, Abstract Ventures, and Amazon's Alexa Fund.
We look forward to supporting Hedra as they build the future of character-driven storytelling.