tech
Gamma acquires Accel-backed design startup Lica
Lica co-founders are going to work on Gamma's new research team.
TL;DR
- Gamma has acquired Accel-backed design startup Lica.
- The acquisition aims to build out Gamma's own design research lab.
- Lica's co-founders, Priyaa Kalyanaraman and Purvanshi Mehta, will lead the new research division.
- Lica previously focused on creating marketing videos for e-commerce sites and raised $4 million in 2023.
- Gamma and Lica share a vision of making visual communication easier and have similar investors.
- Gamma plans to expand its offerings beyond presentations to include image generation and explore different communication formats.
- The new research division will focus on customizing AI model communication styles for various audiences.
- The AI presentation startup space has seen significant investment and consolidation, with OpenAI recently acquiring NextSlide.