Turkish mediatech startup Fal.ai, a developer-centric platform specializing in AI-generated audio, video, and images, secured USD 49 million in a Series B funding. The round was led by Notable Capital, with participation from Bessemer Venture Partners, Andreessen Horowitz, Kindred Ventures, and First Round Capital. This investment round brings Fal.ai's total funding to USD 72 million.
Founded in 2021 by Burkay Gür and Görkem Yurtseven, Fal.ai focuses on AI-powered media generation, with a particular emphasis on video production. The company serves major enterprises, including Quora, Canva, and Perplexity. It provides custom models and workflows for running AI models, along with APIs for open-source models capable of generating diverse media formats.
Fal.ai is also among the first platforms to support Black Forest Labs' Flux model, which powers image generation for X's chatbot, Grok. Other cloud providers, including CoreWeave, are also ramping up investments in AI-driven media production. The newly raised funds will be used to expand the company's infrastructure, develop a model marketplace, and enhance its team.
Commenting on the investment, the Fal.ai team stated: "Generative media is advancing at an unprecedented pace, with video emerging as the next frontier. With this USD 49 million in a Series B funding, we are committed to building the essential infrastructure for AI-driven media production."