# Melius raises $25M to generate ads and videos with AI

On 2026/10/6, TechCrunch reported that Melius, a US AI advertising and video generation platform, raised USD 25 million across Series A and seed rounds, led by CRV. Founded by Joowon Kim, with a founding team previously at Ramp, it shifted to advertising generation after abandoning its first product. Current annualized revenue exceeds USD 1 million.



Canonical: https://uniquebase.ai/news/65b480a6-0d4e-4f48-8d52-b76cf290858c
Stable identifier: 65b480a6-0d4e-4f48-8d52-b76cf290858c
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:21:37.439Z

## Connected profiles

- [CRV](/institutions/crv)
- [Melius](/companies/melius)

## Sources

- https://techcrunch.com/2026/10/06/ex-ramp-engineers-raise-20m-for-platform-melius-after-scrapping-their-first-product/