Fal.ai raises $250 million at 3x higher valuation in 3 months
Business
Fal.ai just scored $250 million in fresh funding, bumping its valuation to over $4 billion.
Major investors in the round include Kleiner Perkins and Sequoia Capital, following up on a $125 million raise less than three months ago at a $1.5 billion valuation.
Fal.ai runs a cloud platform that lets developers and brands
Fal.ai runs a cloud platform that lets developers and big brands like Adobe and Shopify tap into over 600 AI models—covering images, video, audio, and 3D.
Their tech powers creative tools for everything from ads to e-commerce and gaming, all backed by thousands of NVIDIA GPUs.
Founded in 2021 by Burkay Gur and Gorkem Yurtseven
Founded in 2021 by Burkay Gur and Gorkem Yurtseven, Fal.ai is all about making AI tools easy and scalable as demand for things like generative video and multimodal apps keeps taking off.