Runway Launches $10M Venture Fund and Builders Program for AI Video Intelligence Startups

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Runway, valued at $5.3B after a $315M raise in February, launches a $10M venture fund writing up to $500K checks for pre-seed and seed-stage startups building across AI, media, and world simulation. The Builders program offers seed-to-Series C startups free API credits. Runway is positioning beyond creative tooling toward 'video intelligence' applications following its general world models launch in December — joining OpenAI's Startup Fund and Perplexity's $50M fund in the AI-lab-as-VC trend.