Brahma AI reaches $2B valuation in $150M funding round led by Multiples
In brief
- Brahma AI closed $150M growth round at $2B valuation led by Multiples Alternate Asset Management
- Revenue grew from $45M pro-forma in 2024 to $74M in 2025, projected $130M+ in 2026
- Platform combines content intelligence, generative AI; customers include Warner Bros, NBA, Mayo Clinic
- Metaphysic merger added deepfake and face synthesis tech; won 2026 Technology Emmy for AI face replacement
- Prime Focus Limited retains 66% economic ownership; additional investor interest could push total raise to $200M
Born from Oscar-Winning VFX Heritage
Brahma AI was born from the infrastructure and talent pool of DNEG, the Oscar-winning visual effects house, and its parent company Prime Focus Limited. The spinout has moved fast. The company reported pro-forma revenue of approximately $45 million in 2024, its founding year. That figure climbed to an estimated $74 million in 2025 and is expected to surpass $130 million in the current fiscal year.
At a $2 billion valuation against roughly $130 million in projected 2026 revenue, the company is trading at about 15x forward sales — a multiple that reflects both the market's appetite for AI-driven media tools and Brahma's traction with marquee customers. Brahma AI counts Warner Bros, the NBA, and the Mayo Clinic among its key customers.
Platform, Partnerships, and Recognition
The platform today integrates content intelligence tools, branded as Core, with generative AI features called ATMAN and VAANI. In February 2025, Brahma AI merged with Metaphysic, a generative AI firm known for its deepfake and face synthesis technology, expanding its technical arsenal. The company's credibility in the space got a boost when it picked up a 2026 Technology & Engineering Emmy Award for AI-based face replacement and performance preservation technology.
Partners include Google and Japanese advertising giant Hakuhodo, alongside the DNEG relationship. CEO Prabhu Narasimhan leads the operation.
Capital Deployment and Ownership
The $150 million injection will fund research and development, global sales expansion, and platform improvements across several verticals including media, sports, healthcare, and advertising. Prime Focus Limited, which operates Brahma AI through DNEG, will retain roughly 66% economic ownership after the dilution, with voting rights expected to drop to around 25%.
Additional investor interest could push the total raise to $200 million. The funding underscores a broader shift: enterprises across media, healthcare, and sports are deploying AI to automate content workflows at scale. Brahma's position at the intersection of Oscar-winning VFX talent and generative AI gives it leverage to capture that demand.
