Fal Raises $1.3 Billion at $16 Billion Valuation
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AI inference startup Fal has raised $1.3 billion led by Bessemer Venture Partners, with Nvidia, Sound Ventures, and T. Rowe Price participating, at a valuation of $16 billion. That valuation is double the $8 billion valuation from April this year. Fal is headquartered in San Francisco and primarily hosts and runs AI video, image, and audio models.
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- TechCrunch · AIAI inference startup Fal doubles its valuation to $16B as demand surges
Fal, a San Francisco startup that hosts and runs AI video, image, and audio models, raised $1.3 billion in a Series F round led by Bessemer Venture Partners with participation from Nvidia, Sound Ventures, and T. Rowe Price, valuing it at $16 billion, double its $8 billion valuation in April. The company announced its Series E and F rounds together, totaling $1.65 billion raised, with Sequoia leading the earlier round. Fal surpassed $800 million in annualized revenue earlier this year amid surging demand for inference services, though gross margins across the sector remain thin due to compute costs.
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