AI video content generator Munch raised a $7.2 million seed funding round, led by A* Capital and supported by Liquid2, Cardumen Capital, and Remagine Ventures. Munch aims to revolutionize content creation by transforming long-form content into short-form videos, thereby increasing ROI.
The process of creating content is often "labor-intensive, costly, and creatively draining," making it challenging to engage effectively in popular conversations. Munch's AI streamlines the creation of engaging short clips from longer videos, catering to the growing demand for short-form content. This approach is backed by findings that "90% of marketers using short-form content intend to increase or maintain their investment" due to its high ROI.