Fal Raises $1.3 Billion in Series F at $16 Billion Valuation
Photo: TokenPost
Fal has raised $1.3 billion in Series F funding, valuing the AI inference startup at $16 billion, double its April valuation, in a round led by Bessemer Venture Partners. Nvidia, Sound Ventures, HOF Capital and T. Rowe Price also participated. Fal was valued at $8 billion in April, when Sequoia Capital led its $350 million Series E round. The new valuation doubles that level, and the $1.3 billion raise is nearly four times the April financing. The company hosts image, video and audio models for creators and developers. Fal's business centers on hosting those models.
Source: TokenPost
