# Twelve Labs Raises $100M Series B for Video Understanding Foundation Models

On July 1, 2026, per GlobeNewswire, video understanding and retrieval foundation model company Twelve Labs raised $100M in a Series B co-led by NEA and NAVER Ventures with Amazon, Radical Ventures, Index Ventures and Red Bull Ventures. Co-founder and CEO Jae Lee leads video foundation model and product strategy.



Canonical: https://uniquebase.ai/news/68ebe876-2172-40f4-8a9f-63707932ac60
Stable identifier: 68ebe876-2172-40f4-8a9f-63707932ac60
Snapshot captured: 2026-10-20T18:19:32.670Z
English updated: 2026-10-20T18:21:32.462Z

## Connected profiles

- [Amazon](/institutions/amazon)
- [Index Ventures](/institutions/index-ventures)
- [NAVER Ventures](/institutions/naver-ventures)
- [NEA](/institutions/nea)
- [Radical Ventures](/institutions/radical-ventures)
- [Red Bull Ventures](/institutions/red-bull-ventures)
- [Twelve Labs](/companies/twelve-labs)

## Sources

- https://www.globenewswire.com/news-release/2026/07/01/3320545/0/en/twelvelabs-raises-100-million-in-