Samsung Next has joined a group of high-profile investors backing Memories.ai, an AI startup focused on long-context video analysis, as part of an oversubscribed $8 million seed round led by Susa Ventures. Other participants include Fusion Fund, Crane Ventures, Seedcamp, and Creator Ventures.
Founded by former Meta engineers Dr. Shawn Shen and Enmin (Ben) Zhou, Memories.ai addresses a key gap in current AI tools – the inability to efficiently analyze large volumes of video. While many AI platforms can handle short clips, their performance drops sharply when analyzing multiple or extended hours of content.
Memories.ai aims to solve this by enabling intelligent indexing, tagging, segmentation, and summarization across millions of hours of video footage. The platform is currently focused on two primary segments: marketing and security. Brands use it to track trends and consumer behavior across social video, while security firms apply it to identify threats in surveillance footage through pattern analysis.
Samsung Next sees strong on-device computing potential, which could allow consumers to retain sensitive video data locally-addressing growing privacy concerns. “This unlocks opportunities in smart home security without cloud dependency,” said Sam Campbell, Partner at Samsung Next.
The startup’s proprietary system filters noise, compresses key data, and enables natural-language querying, making video archives searchable and actionable. The long-term vision includes syncing with shared drives, enabling voice queries like “Show me all meetings from last week,” and even assisting robotics and autonomous driving through video memory.
The round reflects growing investor confidence in context-rich visual intelligence, an area that remains underserved despite efforts by tech giants like Google and TwelveLabs. Shen emphasized the company’s competitive edge: “We offer a horizontal solution designed to work with existing models, not replace them.”
With a team of 15, Memories.ai plans to scale operations and deepen its AI capabilities using the new funds.
