Video Rebirth, a Singapore-based startup using generative artificial intelligence for video creation, is planning to start discussions for a new fundraising in the next few weeks, said co-founder and chief operating officer Dan Kong.

Kong declined to provide an exact size for the new round, but said it is eyeing more than the total amount of capital it has raised so far.

Video Rebirth has raised USD 80m from investors to date, split between a USD 30m extension round sealed last week and USD 50m raised in November 2025, as announced. The expanded round was driven by strategic interest, with participation from investors including South Korea’s Hyundai Motor Group and AMD Ventures, the corporate venture capital arm of Nasdaq-listed semiconductor company Advanced Micro Devices.

That capital raise will give the company enough runway, given the AI video generation industry requires heavy investment in research and development, Kong told Mergermarket in an interview this week. That is why Video Rebirth – which is majority owned by the founding team – raises funds on a rolling basis, and plans to start its new round in the coming weeks, he added.

It is aiming to wrap up fundraising in the second quarter, said Kong.

The COO said the firm has received a lot of inbound interest after announcing the final close of its USD 80m round, and has held preliminary conversations with some of those investors. However, it is still in the process of preparing its data room and aligning on fundraising and valuation expectations with existing shareholders.

For the new capital, it is targeting both strategic and financial investors, as well as sovereign investors, from markets including the US, Asia, Europe and the Middle East, said the COO.

While Video Rebirth has not mandated any adviser yet, it has been approached by investment banks offering advisory services and will likely engage one at a later stage.

Founded in late 2024, Video Rebirth is based in Singapore and has an R&D office in Hong Kong. It is looking to expand into markets like Japan and Korea – where video generation has big potential – by establishing a local office initially. It could also consider setting up a subsidiary in those markets in the longer run, said Kong, noting that any initial new market access would be executed by leveraging the ecosystem of its existing shareholders.

“All our investors are well connected, so they are helping us get into new markets,” added Kong.

In addition to AMD and Hyundai, Video Rebirth’s other investors include AI and real estate focused venture capital firm Feedback Ventures and Korean conglomerate CJ Group’s venture arm HIVEN.

Growing reach

When asked about M&A, Kong said it is something the management team has in mind, but would only look at inorganic growth in two to three years when the firm hits a certain scale, for example, like generating sufficient cash flow and having mature technology that can turbocharge revenues.

Without providing any numbers, Kong said Video Rebirth’s revenues will start picking up from 2Q26 but the company will continue needing R&D investment.

Video Rebirth has been focused on R&D so far but is starting to move towards commercialisation this year, said Kong. The USD 80m raise was to accelerate the commercialisation of its main video generation product Bach and for global market expansion, according to a press release at the time.

It has received some informal interest from potential buyers, said Kong, but prefers to stay independent for the time being as it sees strong growth potential ahead. When it hits a certain stage of growth, the company will be open to discussing alliances and acquisitions, he added, without elaborating.

Founded by former Tencent scientist Wei Liu, Video Rebirth distinguishes itself from peers by focusing on the realities of video generation, ensuring high controllability and coherence. Through its Bach series, the firm is building an industrial-grade AI engine that is capable of building consistent and commercial-ready realities, per its website.

Some of the most high-profile AI video generating platforms include Kling AI, developed by Chinese technology major Kuaishou; Runway, which reportedly raised USD 315m from a Series E round last month, doubling its valuation to USD 5.3bn; Luma AI, which was reportedly valued at USD 4bn late last year after a USD 900m funding round led by Saudi Arabia-backed AI company Humain; and SoftBank Vision Fund-backed PicsArt.

The global AI video generator market is projected to grow from USD 847m in 2026 to USD 3.35bn by 2034, or at a compound annual growth rate of 18.8%, according to Fortune Business Insights.