December 11, 2020
Latham & Watkins advised Reface, an AI
app for video and GIF face-swaps, as it raised US$5.5 million in a seed round
of financing led by Andreessen Horowitz and several well-known angel investors.
Reface strives to build the first social
platform of dynamically personalized media content empowered with machine
learning technologies. Since the official launch in January 2020, the app has
been downloaded over 70 million times.
The Latham team was led by corporate
partner Mike Turner in London, with associates Alexandar Vukadinovic in London
and David Ajalat in Los Angeles.