https://techcrunch.com/2023/11/08/ozone-raises-7-1m-to-scale-its-ai-powered-collaborative-video-editor/

Ozone, the maker of an AI-powered collaborative video editor in the cloud, has raised $7.1 million in seed funding and is launching in open beta. The Y Combinator alum aims to provide content creators with AI assistance that lets them complete repetitive editing tasks in seconds, rather than in hours. Ozone doesn’t want to replace human creativity with AI, it instead wants to give content creators tools to create engaging videos faster and more efficiently.

Founded in 2021 by Max von Wolff, Ozone is a video editor with an AI assistant that was developed in-house and proposes actions for you to take when editing. The software supports video editing features, unlimited cloud storage and Figma-like collaboration in real-time. You can do things like remove silences, add captions and animations, color correct, add music and more all with the help of AI.