JAKARTA - Videotto, a startup providing AI-based video editing solutions based in Singapore, has received an undisclosed amount of initial (seeded) funding from East Ventures.
Videotto was founded by two 18-year-old entrepreneurs, Tay Yao Ming (Co-Founder and Chief Executive Officer) and Ian Lee (Co-Founder and Chief Technology Officer).
Utilizing artificial intelligence (AI) technology, Videotto can make the video editing process simpler and more efficient, without the need to spend hours cutting clips or adding manual effects.
Users simply upload a long video recording and this smart platform will automatically select the best moments, add stylish text, arrange scenes smoothly, adjust sounds and lighting, and even add a transition automatically.
Videotto can also produce some short videos optimized for various social media platforms, helping users adjust their content quickly for each channel.
Over time, this platform will learn the style and preferences of each user's editing, so that the process of making high-quality and ready-to-up videos can be done with just a few clicks.
"Videotto is here to create the same convenience for creators around the world, from individual creators to global brands," said Tay Yao Ming, Co-Founder and Chief Executive Officer Videotto.
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Meanwhile, Willson Weather, Co-Founder and Managing Partner East Ventures confirmed that this investment confirms East Ventures' trust in AI is not just technology, but a tool to create equality of opportunities.
"At East Ventures, we believe that AI is not just technology, but a tool to create equality of opportunities and empower individuals like them to have a meaningful impact," added Willson.
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