Twelve Labs Raises $100M Series B for Video AI

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TwelveLabs, a company based in San Francisco, California, has raised $100 million in a Series B round co-led by NEA and NAVER Ventures. Announced on July 1, 2026, the round also drew Amazon, Radical Ventures, Korea Investment Partners, Index Ventures, Quadrille Capital, and Red Bull Ventures.

The company, which also operates from Seoul, is moving beyond video understanding models toward a full stack AI system for video that combines perception, knowledge, and reasoning in a single architecture. Its Marengo 3.0 model handles video embedding, while Pegasus 1.5 turns video into structured data such as scene boundaries, entities, temporal segments, and semantic context.

As part of the deal, TwelveLabs named AWS its preferred cloud provider under a multiyear commitment that includes optimizing video inference on AWS Trainium chips, with new models launching first on AWS. The raise brings the company’s total funding to roughly $150 million.