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Fal nabs $140M in fresh funding led by Sequoia, tripling valuation to $4.5B
Yahoo Finance· 2025-12-09 22:21
Group 1 - Fal, a startup specializing in hosting image, video, and audio AI models for developers, has raised $140 million in a Series D funding round led by Sequoia, with participation from Kleiner Perkins and Nvidia [1] - The latest funding round values Fal at $4.5 billion, which is approximately three times its valuation during the $125 million Series C round in July [1] - This funding round marks Fal's third fundraising effort in 2023, indicating strong investor interest and confidence in the company's growth [1] Group 2 - Fal has surpassed $200 million in revenue as of October, showcasing significant financial growth since its founding in 2021 [3] - The company provides infrastructure for multimodal AI to notable customers such as Adobe, Shopify, Canva, and Quora [3] - Fal was founded by Burkay Gur, a former machine learning leader at Coinbase, and Gorkem Yurtseven, an ex-developer at Amazon [3]