AugX uses AI to make videos better.
AugX uses AI to make videos better.
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Aug X Labs raises $1M for AI-based video tool for content creators

  • Posted byby Dean Takahashi
  • Updated
  • 4 min

Aug X Labs has raised $1 million in seed funding to use AI to democratize video creation by content creators.

The New York company is building an AI-based visual storytelling platform that automatically transforms text or audio prompts into purpose-driven videos that catch your attention. The platform, in a limited alpha today, is aimed at any business or creative professional who uses video for creating ads, product demos, sizzle reels, company update videos, and any other form of visual storytelling.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.