German AI lab Black Forest Labs stated on Monday that it has raised $300 million in a Collection B funding spherical that values the corporate at $3.25 billion.
The spherical was co-led by Salesforce Ventures and Anjney Midha (AMP), and noticed participation from a16z, NVIDIA, Northzone, Creandum, Earlybird VC, BroadLight Capital, Basic Catalyst, Temasek, Bain Capital Ventures, Air Avenue Capital, Visionaries Membership, Canva, and Figma Ventures.
The startup stated it could use the funds for analysis and growth.
Black Forest Labs, which makes basis AI fashions for producing and enhancing photos, has risen to fame shortly since its launch in August 2024. The corporate was within the information final yr after it was revealed that Elon Musk’s Grok chatbot was utilizing the German firm’s fashions to generate photos, and its fashions are being utilized by a slew of firms, like Adobe, fal.ai, Picsart, ElevenLabs, VSCO, and Vercel.
The startup lately revealed the newest model of its image-generation mannequin, Flux 2, which it says options higher textual content and picture rendering, and makes use of as much as 10 photos as a reference to keep up the fashion and tone whereas producing photos. The mannequin can generate photos at resolutions as much as 4K pixels.
Black Forest Labs’ co-founders, Robin Rombach, Patrick Esser, and Andreas Blattmann, had been previously researchers who helped create Stability AI’s Steady Diffusion fashions.
