Gamma Acquires Accel-Backed Design Startup Lica to Expand Research Capabilities
Presentation software company Gamma has acquired design startup Lica, which is backed by venture capital firm Accel. The acquisition aims to strengthen Gamma’s research capabilities in visual communication and AI-driven presentation tools. Founded in 2023, Lica initially developed an app for converting screenshots into presentations but later focused on creating marketing videos for e-commerce brands. Lica's co-founders will lead the new design research division at Gamma, which plans to explore multimodal formats of visual communication and expand beyond traditional presentation tools. The move aligns with a broader trend in AI-driven presentation startups receiving significant investment and consolidation within the sector. Other notable players include Prezent and Presentations.ai. Gamma has raised $68 million at a valuation of $2.1 billion, while Lica secured $4 million from Accel and other investors earlier this year.
Topics: AI Design Tools Startups Technology