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Oxolo Secures €13 Million in Series A Investment Round

Oxolo Secures €13 Million in Series A Investment Round
Oxolo Secures €13 Million in Series A Investment Round

Oxolo, the emerging Hamburg-based startup renowned for pioneering generative AI in text-to-video conversion, has successfully secured a robust €13M in Series A funding. The investment round was anchored by DN Capital, with notable backing from individual investors including Christian Vollmann, Johannes Plehn, Thomas Hagemann, Stefan Wiskemann, Alex Täubert, and Mischa Ruerup. These fresh funds are earmarked for bolstering Oxolo's R&D initiatives, carving new paths in the realm of video technology.

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