David Beyer and Mike Dauber led a $20m Series A funding round in Luma AI, with participation from NVIDIA, General Catalyst, Matrix Partners, South Park Commons and Andreas Klinger. "We are incredibly grateful to our community, to everyone who has supported Luma, and to our team that makes impossible possible on the daily. We are aggressively expanding our team and if you're passionate about generative AI research, find thrill in working with immense quantities of data and engineering systems that can build large foundation models, or want to work on the next generation of UX and tools, come join us. The time to build the future is now," Luma AI.