Fal raises $1.3 billion at $16 billion valuation

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Published Tuesday, November 3, 2026 · 3:58 PM EST

Fal raised $1.3 billion in a funding round led by Bessemer Venture Partners that values the AI inference startup at $16 billion, TechCrunch reported, citing Bloomberg. Nvidia, Sound Ventures and T. Rowe Price participated. The valuation doubles the $8 billion assigned in April. The company hosts and runs video, image and audio models. It announced its Series E and F rounds together, totaling $1.65 billion; Sequoia led the earlier round. Fal surpassed $800 million in annualized revenue earlier this year. People familiar with inference companies' finances said high compute purchase and leasing costs keep the sector's gross margins thin.

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