MITO AI Raises $4.5M Preseed Led by Lightspeed to Empower Creatives with Collaborative AI Video Tools

MADRID & SAN FRANCISCO--(BUSINESS WIRE)--Jan 29, 2026--

MITO AI ( www.mito.ai ), the collaborative AI platform reinventing how films, commercials, and music videos are made, today announced a funding round led by Paul Murphy at Lightspeed Venture Partners, with participation from other funds such as Kibo, Kfund, Sequoia and A16Z scouts, LifeX, and angel investors, including 5 unicorn founders and executives at USV, Roblox and Github.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260129635715/en/

MITO AI is building the next generation of AI orchestration tools for video creation and collaboration. A multiplayer environment where filmmakers, brands, and creatives can work together in real time. The platform brings together foundational AI video, image and audio models with professional-grade editing tools into a single infinite browser-based canvas. Individuals and teams can experiment and bring ideas to live, supported by an AI copilot they can direct to execute specific actions. From moodboarding, storyboarding and scripting to camera angles, visual effects, and multi-format deliverables, MITO empowers artists to create at the speed of thought while ensuring control, consistency and quality.

“Our mission is to unleash human creativity,” said Danny Saltaren, MITO cofounder and CPO, National Design Award recipient, and former Head of Product Design at two unicorns. “By automating the tedious parts of production, we give storytellers the freedom to focus on originality, depth, and vision. MITO is built with filmmakers for filmmakers, merging human emotion with cutting-edge AI.”

Beyond its collaboration platform, MITO is also shaping a new creative ecosystem: an AI-powered audiovisual studio already collaborating with top TV and Movie production companies (see some examples here and here ), and a curated marketplace of generative creators.

With the support of Lightspeed and other investors, MITO is set to accelerate its vision of making professional storytelling tools accessible to every creator, transforming the way myth-making visual stories are crafted and shared.

About MITO AI

Launched in 2026, MITO AI is a collaborative platform for AI-native video creation. Designed for filmmakers, designers, and creative teams, MITO enables anyone to ideate, produce, and share professional-quality films with the power of AI. Headquartered between Madrid and San Francisco, MITO is on a mission to democratize storytelling and give global visibility to a new generation of creatives.

Learn more at www.mito.ai
Follow MITO AI on instagram: https://www.instagram.com/mitofilms/
Press kit: www.mito.ai/press

Today we officially launch MITO, our video AI platform that helps creators and teams organize, create, edit, and produce cinematic content in one collaborative workspace. Powered by the latest video, photo, and audio AI. MITO AI the tool we built as filmmakers. We’re doing it the only way that makes sense to us: like a first day on set. For this first day, we created this film as an open letter to those who burn for stories from a place of passion, craft and love. For the ones turning obsession into scenes that stay. The unapologetic. The early. The myth makers. CAMPAIGN VIDEO HERE: https://youtu.be/ySPc86KFQO4

A recreation of how our tool works: all in one collaborative workspace, with a copilot IA director to support the process.

WASHINGTON (AP) — President Donald Trump says he has informed Venezuelan leader Delcy Rodríguez that he’s going to be opening up all commercial airspace over Venezuela and Americans will soon be able to visit.

Trump said Thursday he instructed U.S. Transportation Secretary Sean Duffy and U.S. military leaders to open up the airspace by the end of the day.

The Republican president says, “American citizens will be very shortly able to go to Venezuela, and they’ll be safe there.”

Earlier this week, Trump's Republican administration notified Congress that it was taking the first steps to possibly reopen the shuttered U.S. Embassy in Venezuela as it explores restoring relations with the South American country following the U.S. military raid that ousted then-President Nicolás Maduro.

In a notice to lawmakers dated Monday and obtained by The Associated Press on Tuesday, the State Department said it was sending in a regular and growing contingent of temporary staffers to conduct “select” diplomatic functions.

“We are writing to notify the committee of the Department of State’s intent to implement a phased approach to potentially resume Embassy Caracas operations,” the department said in separate but identical letters to 10 House and Senate committees.

Diplomatic relations between the two countries collapsed in 2019, and the U.S. State Department warned Americans shouldn’t travel to Venezuela, raising its travel advisory to the highest level.

The State Department on Thursday still listed a travel advisory for Venezuela at its highest level, “Do not travel,” warning that Americans face a high risk of wrongful detention, torture, kidnapping and more.

President Donald Trump speaks during a cabinet meeting at the White House, Thursday, Jan. 29, 2026, in Washington. (AP Photo/Evan Vucci)