Video creation platform Frammer AI raises $2 mn investment from Lumikai

Video content creation platform Frammer AI has announced securing a $2 million (around Rs 16.8 crore) investment from Lumikai, which invests in gaming and interactive media platforms.

The fresh capital will be deployed into expanding Frammer’s offerings into sports and entertainment and investing in data-training for its areas of focus. The funds will also be used to expand its tech team to meet the increasing demand, according to a company statement.