Black Forest Labs quietly becomes one of Europe's most valuable AI companies at $3.25B
German visual AI startup Black Forest Labs, behind the Flux image models, raised a $300M Series B at $3.25B valuation, one of Europe's largest AI financings. The round was co-led by AMP and Salesforce Ventures, with checks from Canva, Figma, a16z, and Nvidia.
The 18-month-old Freiburg-based company's models power image generation behind the scenes for Meta, Canva, and other platforms. Its open-source strategy serves as top-of-funnel for commercial offerings, bucking the trend of locked-down APIs.
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