FAL, a generative media platform, has successfully raised $49 million in a Series B funding round, aimed at enhancing its AI-driven media creation capabilities. The funding was led by prominent venture capital firms, including Bessemer Venture Partners and First Round Capital. This latest investment brings FAL's total funding to $72 million. The company, co-founded by ML engineers Burkay Gur and others, is focused on developing an advanced inference engine for generative media, which is expected to revolutionize corporate video production.
.@BessemerVP and @firstround, all StepStone platform managers, contributed to @FAL’s $49M Series B funding round to advance its AI-driven media creation platform. This round brings fal’s total funding to $72M. Read more: https://t.co/BlU8Mp4bDz
One more big congratulations to the small but super mighty team at @FAL, on their fresh round of growth capital (details below), and most importantly on quickly building the leading inference engine for generative media! Led by ML engineers and co-founders @burkaygur and… https://t.co/VpICExWXz8
fal Raises $49M Series B to Power the Future of AI Video - Silicon UK https://t.co/IzZ58Z8MY6