Oxolo, a company established in 2020 and specializing in generative AI video technology, has recently secured €13 million in Series A funding. Oxolo's platform leverages generative AI to create automated videos, such as product advertisements and social media content, complete with AI-powered chatbot avatars. Using customizable templates, users can rapidly generate numerous product videos, boosting sales, search visibility, and viewer engagement.

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Oxolo intends to utilize this investment to further its research and development efforts, expand its team, and advance its commercialization initiatives.

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