Memories.ai, a startup specializing in AI-based video analysis, has raised US$8 million in a seed funding round led by Susa Ventures.

Other investors include Samsung Next, Fusion Fund, Crane Ventures, Seedcamp, and Creator Ventures.

The company was co-founded by former Meta employees Dr. Shawn Shen and Enmin Zhou.

The platform can process up to 10 million hours of video, offering searchable indexing, tagging, and data aggregation.

It supports industries like marketing and security in analyzing large video datasets.

Memories.ai partners with marketing firms to track social media trends and with security companies to detect harmful activities.

The startup plans to use the funding to expand its 15-person team and improve its AI capabilities.