AI Video Discovery Platform Moments Lab Raises $24 Million.

Led by Co-Founders Frederic Petitpont(CTO) and Philippe Petitpont(CEO), Momentslab raises $24 Million in funding, led by Oxx, with participation from Orange Ventures, Kadmos, Supernova Invest, and Elaia Partners.

The new funding will fuel Moments Lab’s U.S. expansion and accelerate R&D, focusing on its patented MXT-2 multimodal AI and the launch of a specialized agentic AI for video discovery and storytelling.

Moments Lab’s MXT multimodal AI instantly breaks videos into meaningful scenes, identifying people, actions, locations, and shot types. It can also pinpoint the best soundbites from interviews or speeches—faster and more precisely than humans.

Moments Lab helps media, sports, and global brands manage and monetize large video libraries with AI that indexes, archives, searches, and repurposes content at scale. The company has more than doubled its recurring revenue in the past year, with new clients including Thomson Reuters, Sinclair, Hearst, Amazon Ads, and Banijay.