Fal.ai has secured roughly $250 million in new funding, pushing the multimodal AI infrastructure startup’s valuation to more than $4 billion, according to sources familiar with the deal. Kleiner Perkins and Sequoia led the round, which comes less than three months after Fal’s $125 million Series C that valued the company at $1.5 billion. The rapid fundraising reflects the company’s dramatic revenue and user growth over the past year.
Fal.ai provides developers with cloud infrastructure for running image, video, audio, and 3D AI models. Its platform now supports more than 600 models and is powered by thousands of Nvidia H100 and H200 GPUs to deliver fast inference speeds. The company’s rise is directly tied to the surging demand for multimodal AI, particularly video generation, a trend accelerated by the breakout success of tools like OpenAI’s Sora.
The startup’s customer base ranges from indie developers to major enterprises, including Adobe, Canva, Perplexity, and Shopify. Fal’s media-focused approach has become a key differentiator against tech giants like Microsoft, Google, and CoreWeave, offering model access via API, serverless hosting, or enterprise compute clusters for media production in advertising, gaming, and e-commerce.
Founded in 2021 by Burkay Gur and Gorkem Yurtseven, Fal.ai has now raised nearly $450 million to date. Its valuation jump, alongside a leap from $10 million to over $95 million in annualized revenue in just one year, shows the massive market appetite for AI-powered media creation tools and infrastructure.