Brahma AI

Enterprise AI · Media & Entertainment · Digital Humans

Funding

Brahma AI raises $150M led by Multiples at $2B valuation

The deal slashes its parent company's voting control from 89% to 25%, even as it retains two-thirds economic ownership.

• Brahma AI raised $150M through a preferred-share issuance led by Multiples Alternate Asset Management, which committed $100M, valuing the company at $2B post-money.
• Brahma AI builds an AI-native platform for enterprise audiovisual content, combining content management with AI tools for digital humans, voice and localization, serving Warner Bros, the NBA and Mayo Clinic.
• The transaction cuts parent Prime Focus's voting rights in Brahma AI from 89.2% to 24.9%, though it will still hold roughly 66% economic ownership via subsidiary DNEG, reclassifying Brahma as an associate rather than a subsidiary.
• The $2B valuation is up from $1.43B in a February 2025 round led by United Al Saqer Group, as revenue is tracking toward more than $130M this year, up from about $74M last year.
• Brahma AI was assembled from technology developed at visual-effects giant DNEG, Metaphysic and Prime Focus Technologies, a merger completed in November 2025, and recently won a 2026 Technology & Engineering Emmy for its Neural Performance face-replacement tech.
• The round is expected to close within a month and could expand to $200M on investor demand, with proceeds funding R&D on interactive digital humans and expansion into healthcare, advertising and sports broadcasting.
• The deal shows enterprises paying premium valuations not just for content generation but for governed, rights-aware workflows around AI-made audiovisual media, a distinct bet from consumer-facing generative AI startups.