GoKawiilAI inference startup Fal valued at $16B after $1.3B funding round
Fal, a San Francisco startup that hosts AI video, image and audio models, raised $1.3 billion in a Series F round led by Bessemer Venture Partners, with Nvidia, Sound Ventures and T. Rowe Price also participating. The deal doubles Fal's valuation to $16 billion from $8 billion in April, and combined with its earlier Sequoia-led Series E, the company has raised $1.65 billion across both rounds. Fal reportedly surpassed $800 million in annualized revenue earlier this year.