Hotshot
San Francisco, United States · $40.0M raised
- Headquarters
- San Francisco, California
- Employees
- 1–10
- Business Model
- B2C
- Website
- hotshot.co
- Total Funding
- $40.0M
- Last Round
- $40.0M Seed
- Rounds
- 1
About
Hotshot was a San Francisco-based generative AI startup co-founded by Aakash Sastry and John Mullan that developed AI-powered video generation tools including three video foundation models: Hotshot-XL, Hotshot Act One, and Hotshot. The company attracted investment from Lachy Groom, Reddit co-founder Alexis Ohanian, and SV Angel. In March 2025, Elon Musk's xAI acquired Hotshot, and the team moved to continue scaling video model development on xAI's Colossus cluster.
Summary
Hotshot is a company based in San Francisco, United States. It has raised $40.0M in total across 1 round. Investors include Lachy Groom, Alexis Ohanian and SV Angel.
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Funding History
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