AI reasoning startup Fal has completed a new round of financing, with a valuation rising to 16 billion USD

AI inference startup Fal, which provides image, video, and audio model hosting services for creators and developers, has completed a new round of financing of $1.3 billion, doubling its valuation from $8 billion in April this year to $16 billion. This round was led by Bessemer Venture Partners, with participation from Nvidia, Sound Ventures, HOF Capital, T. Rowe Price, and others.

According to Fal's official blog, this round is the F round of financing, following the E round led by Sequoia Capital. In April this year, the financing amount was $350 million. According to informed sources, Fal's annualized revenue earlier this year had reached $800 million.