Storia is Betting Big on Hollywood’s Desire for AI Video Production

Samson Amore

Samson Amore is a reporter for dot.LA. He holds a degree in journalism from Emerson College. Send tips or pitches to samsonamore@dot.la and find him on Twitter @Samsonamore.

Storia is Betting Big on Hollywood’s Desire for AI Video Production
Photo: Storia AI

Traditionally, becoming a professional video editor takes years of experience, long hours and an often maddening struggle against complicated software. As such, it’s a field with a high skill barrier to entry. In Hollywood, especially, it’s rare to become a film editor without a formal education in the field.


But that reality shows signs of shifting. Especially with the help of emerging generative AI tools that help filmmakers realize their vision in minutes rather than years.

One such tool comes from Storia AI, a remotely based startup with a footprint in Los Angeles and San Francisco that’s developing a generative AI for film and TV pre-production. Storia’s technology takes simple text prompts (for example, “show me this script in the style of Alfred Hitchcock,” and turns them into short video clips or storyboards.

The startup recently showed off its tech at work on several Academy Award-nominated films, by way of presenting what the Oscar-winning film “Everything Everywhere All at Once” would look like as a zombie horror film, or editing “The Banshees of Inisherin” in the style of a cartoon. Storia AI cofounder Mihail Eric said overall, the response was positive, noting that for some, it was the first time they’d seen such tech in action. The goal was to show off Storia’s capabilities and also educate people about the potential ways to leverage AI in video editing and pre-production, Eric said.

Eric launched the company in December 2022 with co-founder Julia Turc in December 2022 and has since raised “a couple hundred thousand” from investors including Madrona Venture Labs so far. The plan is to begin selling its AI storyboarding and editing software as a subscription, Eric said.

The idea, according to Eric, is to leverage Storia AI’s tools to help someone with “no visual sensibilities” create a fully-fledged visual work in a short time with limited skills. A longtime developer of AI, Eric studied natural language processing at Stanford and worked at Amazon as a senior machine learning scientist for its Alexa AI for two and half years before co-founding Storia. He said his goal with the company is to enable people with an artistic concept, but not the skills to realize a fully fledged film.

In addition to its video editing tool Storia AI also sells a product called StoriaBoard, which uses AI to pre-visualize movie scripts. By plugging in a script, and choosing from either a dropdown list of pre loaded films (like Steven Spielberg’s “Jaws” or Orson Welles’ “Citizen Kane”), the AI will create a visual representation of the script’s major beats. This looks like a typical storyboard format but will match the tone of the selected work.

“The creative process is about taking inspiration from things, using one source to inspire another idea… and using that to sort of conglomerate and form, and evolve your own vision,” Eric said. “That previsualization, the preproduction, is about fast iteration, it’s about experimentation. If you don’t have visual sensibilities, you won’t be able to draw even a single alternative [idea], but a tool like what we build enables you to very quickly try a bunch of different things.”

That said, Hollywood remains mixed on the prospect of using AI to create content. There is, of course, the valid concern that AI will replace the jobs of highly skilled editors. Though Eric said he sees tools like Storia AI’s not as job replacers but enablers. “Traditional painting of the 1500s is not something that's really done that much today,” he said “If you just imagine the natural evolution of the profession, you’re going to have to learn new tools.”

To Eric’s credit, AI is already being used to de-age celebrities like Harrison Ford in “Indiana Jones.” A similar tool made by startup Metaphysic signed a partnership with the Creative Artists Agency in January. But AI can also apply to sound: Dolby’s Atmos technology uses AI to map the acoustics of a room and determine how much sound output it needs to be truly immersive for the audience. And while it’s not tailored just for film or TV production, generative image software Midjourney can be used to storyboard.

Currently, Storia AI has some clients, mainly local independent filmmakers, according to Eric. Though he did say he hopes the tool becomes more widely used by aspiring creatives in the future.

“Our goal at Storia AI is to change the landscape of how [production] is done,” Eric said. “We believe we’re uniquely able to provide [this] because of our deep experience in AI.”

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Standing Together Through the Flames

🔦 Spotlight

To our Los Angeles family,

This week’s wildfires have brought immense pain and hardship to our beloved city. Many of our friends, neighbors, and colleagues have faced evacuations, power outages, and the devastating loss of homes and livelihoods. Our hearts go out to everyone affected by this tragedy.

At dot.LA, we want to express our deepest sympathy to those suffering in this moment. We see your resilience and stand with you during this challenging time. This community has always been defined by its strength and compassion, and now is the time to come together in support.

If You or Someone You Know Has Been Impacted, Resources Are Available:

Evacuation Shelters:

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Staying Informed:

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    A Strong Finish to 2024 for LA Tech: Crosscut Ventures Leads the Way

    🔦 Spotlight

    Happy Friday LA!

    As we close the book on 2024, Los Angeles has had a remarkable year in tech and venture capital. From groundbreaking funding rounds to industry-defining innovations, the city’s tech ecosystem has showcased its ability to adapt and thrive. Among the year’s final highlights was the announcement that Crosscut Ventures, one of LA’s premier early-stage venture capital firms, has added Jon Ylvisaker as its newest Partner.

    Crosscut Ventures’ Bold New Direction

    Announced in late December, Jon Ylvisaker’s appointment reflects Crosscut Ventures’ commitment to advancing its focus on the energy transition. Ylvisaker brings decades of experience in driving investments in energy technologies and digital infrastructure. As the founding partner and managing director of Yield Capital Partners, he led investments in startups and established companies shaping the future of sustainability. At Wolfacre Global Management, a Tiger Management hedge fund, he further honed his expertise in supporting impactful climate-focused solutions.

    Brian Garrett, Managing Director and Co-Founder of Crosscut Ventures, said, “Jon's extensive experience in climate and digital infrastructure investments, coupled with his impressive track record of bringing groundbreaking technologies to market, makes him the ideal partner to help lead our focus.”

    Since its founding in 2008, Crosscut has played a key role in shaping LA’s tech landscape. Ylvisaker’s addition reinforces the firm’s commitment to addressing global challenges like energy transition and sustainability, further solidifying its leadership in venture capital innovation.

    What’s Next for LA Tech in 2025

    The momentum from 2024 has set the stage for an even bigger year ahead. Entrepreneurs, investors, and innovators in LA are poised to take on new challenges and create meaningful change across industries.

    As we step into 2025, we want to thank everyone who helped make 2024 such a standout year. Here’s to another year of progress, innovation, and success. From all of us at dot.LA, Happy New Year!

    🤝 Venture Deals

    LA Companies

    • First Resonance, a company specializing in digital manufacturing software through its ION Factory OS, has raised a $20M funding round led by Third Prime with participation from Blue Bear Capital and others. This brings its total funding to $36M and will be used to accelerate product development, grow its customer base, and enhance support for advanced manufacturing sectors like aerospace, robotics, and clean energy. - learn more
    LA Venture Funds
    • Finality Capital Partners led a $17M Seed funding round for ChainOpera AI, a California-based company developing blockchain networks for AI-powered agents and applications, to accelerate product development, expand its team and enhance its blockchain and AI integration capabilities. - learn more

    LA Exits

    • Thirteen Lune, an inclusive beauty e-commerce platform, has been acquired by SNR Capital, marking a significant milestone in the platform's mission to amplify underrepresented beauty brands while fueling its next stage of growth. - learn more
    • Ergobaby, a leading brand in juvenile products known for its high-quality baby carriers, has been acquired by Highlander Partners. The acquisition aims to bolster Ergobaby’s growth, expand its product offerings, and strengthen its position in the parenting solutions market. - learn more

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    Salt AI’s $3M Bet, Snapchat’s Creator Cash, Rivian’s EV Tech, and ŌURA’s $200M Win

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    Happy Friday, LA - let’s dive right in to this week’s highlights:

    Salt AI, a forward-thinking AI startup based in Los Angeles, has secured a $3 million seed funding round led by Morpheus Ventures with participation from Struck Capital, among others, to tackle the complexity of managing workflows.Salt AI's blog details how its platform centralizes tools like CRM systems, project management software, and data trackers into one interface, eliminating inefficiencies and freeing up teams to focus on meaningful work. With new funding in hand, Salt plans to scale its platform and expand its reach, a move that underscores how AI can solve everyday business challenges.

    Image Source: Salt AI - Aber Whitcomb

    While Salt AI focuses on the workplace, Snapchat is doubling down on creators, with its latest updates introducing revenue-sharing opportunities and direct monetization features. The company’snewsroom update outlines how enhanced analytics will help creators better understand their audiences and sustain their work. The platform's latest updates introduce revenue-sharing opportunities and direct monetization features, along with analytics that give creators deeper insights into their audience. By making it easier for creators to grow and sustain their work, Snapchat positions itself as a key player in the creator economy, offering features that rival platforms like YouTube and TikTok.

    Image Source: Snap

    On the roads, Rivian is redefining what it means to drive an electric vehicle. The company’s latest software update includes advanced route planning, energy management tools, and customization options that make every trip more intuitive and efficient. Additionally, Rivian has introduced new entertainment features, including Google Cast, YouTube, and SiriusXM, as featured in Rivian’ssoftware spotlight, enhancing the in-cabin experience for drivers and passengers alike. This isn’t just about convenience; Rivian is showing how thoughtful software design can elevate the entire EV experience, blending practicality with sophistication.

    Image Source: Rivian

    ŌURA is making headlines with a fresh $200 million Series D funding round, with participation from Fidelity Management & Research Company and Dexcom, which now values the company at $2.55 billion. This investment, as reported byBusiness Wire, highlights the growing demand for wearable health technology and positions ŌURA as a leader in the space. With its sleek design and emphasis on actionable health insights, the funding will enable ŌURA to expand its reach and further integrate wearables into daily health management, strengthening its position in the competitive health tech market. With this funding, ŌURA aims to reach more users and expand its capabilities, further embedding wearables into daily health management.

    Image Source: ŌURA

    Stay tuned as Salt AI, Snapchat, Rivian, and ŌURA continue to evolve, offering us new ways to work, connect, and live better.

    🤝 Venture Deals

      LA Venture Funds
        • Undeterred Capital participated in a $7M Seed funding round for Portal, a Watertown, Mass.-based biotech company specializing in advanced intracellular delivery technology to drive innovations in biological research and cellular therapeutics. - learn more
        • Vamos Ventures participated in a $7.9M Series A funding round for Culina Health, a Hoboken, NJ-based company that provides personalized, science-based virtual nutrition care by connecting patients with registered dietitians, with plans to use the funds to expand its offerings for dietitians and patients, implement AI-driven tools to enhance care efficiency, and strengthen its leadership team through key hires. - learn more
        • Humans Ventures participated in a $3.8M Seed funding round for Hamming.ai, a San Francisco-based company specializing in automated tools for testing and optimizing voice agents, with plans to expand its platform, enhance reliability and perform, and accelerate product development. - learn more
        • Fifth Wall led, with participation from Starshot Capital and others, in a $9.5M Series A funding round for Mojave, a Sunnyvale, CA-based company developing energy-efficient commercial air conditioning technology. The funds will be used to accelerate the adoption of its innovative systems and reduce energy consumption in the cooling industry. - learn more
        • ReMY Investors participated in a $17M Series B funding round for Scripta Insights, a company that leverages data analytics to help employers and healthy plans reduce prescription drug costs, with the funds aimed at expanding its platform and scaling operations. - learn more
        • Mantis VC participated in a $16.5M funding round for Nuon, a company specializing in Bring Your Own Cloud (BYOC) solutions that streamline AI, data, and infrastructure software deployment. The funds will support product development, readiness for general availability in 2025, and efforts to expand customer acquisition. - learn more
        • B Capital participated in a $102M Series C funding round for Precision, a company developing minimally invasive brain-computer interfaces to treat neurological disorders, with plans to use the funds to expand its team, advance clinical research, and refine its AI-powered brain implant for helping users with severe paralysis operate digital devices using their thoughts. - learn more
        • The Games Fund led a $3M Seed funding round for Dark Passenger, a Poland-based game studio founded by veterans of The Witcher 3 and Cyberpunk 2077, to create an unannounced, innovative, first-person multiplayer PvPvE stealth-action game set in a distinctive universe inspired by feudal Japan and martial arts cinema. - learn more

            LA Exits

            • Calliope Networks, a generative AI company providing licensed media content like movies, TV shows, and news, has been acquired by Protege to strengthen its platform’s capabilities in advancing AI development. - learn more

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