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

Business

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

Business

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

2026-01-30 01:04 Last Updated At:12:21

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

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.

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

MILAN (AP) — Italy coach Gennaro Gattuso left his role “by mutual consent” on Friday, three days after the national team failed to qualify for a third consecutive World Cup.

The Italian soccer federation announced the news in a statement thanking Gattuso “for the dedication and passion” during his nine months in charge.

Italy’s chances of reaching this year’s tournament in North America ended on Tuesday after a penalty shootout loss to Bosnia and Herzegovina in a qualifying playoff.

“With pain in my heart, not having achieved the goal we had set ourselves, I consider my experience on the national team bench to be over,” Gattuso said.

Gattuso’s departure comes a day after Italy’s soccer federation president Gabriele Gravina resigned along with Gianluigi Buffon, who was the national team’s delegation chief.

The defeat to Bosnia added more misery for four-time champion Italy after being eliminated by Sweden and North Macedonia, respectively, in the qualifying playoffs for the last two World Cups.

Gattuso took over from the fired Luciano Spalletti in June with the squad already in crisis mode following a defeat at Norway in its opening qualifier.

The Azzurri then went on a six-match winning streak before another loss to Norway in November to finish second in their group and end up in the playoffs again.

AP soccer: https://apnews.com/hub/soccer

Italy coach Gennaro Gattuso greets Federico Dimarco during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (AP Photo/Armin Durgut)

Italy coach Gennaro Gattuso greets Federico Dimarco during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (AP Photo/Armin Durgut)

Italy's coach Gennaro Gattuso directs his team during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (Fabio Ferrari/LaPresse via AP)

Italy's coach Gennaro Gattuso directs his team during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (Fabio Ferrari/LaPresse via AP)

Italy coach Gennaro Gattuso gestures from the touchline during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (AP Photo/Armin Durgut)

Italy coach Gennaro Gattuso gestures from the touchline during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (AP Photo/Armin Durgut)

Italy coach Gennaro Gattuso gestures from the touchline during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (AP Photo/Armin Durgut)

Italy coach Gennaro Gattuso gestures from the touchline during the World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (AP Photo/Armin Durgut)

Italy's coach Gennaro Gattuso walks off the pitch after losing in a World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (Fabio Ferrari/LaPresse via AP)

Italy's coach Gennaro Gattuso walks off the pitch after losing in a World Cup qualifying playoff final soccer match between Bosnia and Italy in Zenica, Bosnia, Tuesday, March 31, 2026. (Fabio Ferrari/LaPresse via AP)

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