Flam Raises $40M to Power Interactive AI Content

Interactive content startup Flam has raised $40 million in Series B funding, led by QED Investors, with participation from Claypond Capital, Australian Gulf Capital, and angel investors including Datadog CEO Olivier Pomel. The San Francisco-based company has built a patented AI infrastructure platform enabling creators to produce interactive videos, real-time 3D experiences, and hyper-realistic conversational avatars. Despite operating in stealth mode, Flam has signed over 100 enterprise customers, including Google, and is approaching $100 million in annual recurring revenue. The new funds will support research and development, product expansion, and sales growth as the company aims to become the foundational infrastructure layer for interactive content.