fal Raises $140M in Series D Led by Sequoia, with Major Participation from Kleiner Perkins and New Investment from Alkeon Capital and NVentures (NVIDIA’s venture capital arm) to Accelerate the Future of Real-Time Generative Media

Existing investors a16z, Kindred Ventures, Meritech, Bessemer Venture Partners, Notable Capital, Shopify Ventures and Salesforce Ventures also participated, reinforcing fal’s position as the foundational infrastructure layer for AI-generated content across developer, enterprise, and creative ecosystems.

SAN FRANCISCO--(BUSINESS WIRE)--fal, the real-time generative-media platform powering the next decade of AI-driven content, today announced a $140 million Series D financing. The round is led by Sequoia, with significant participation from Kleiner Perkins and new investment from NVentures, NVIDIA’s venture capital arm, and Alkeon Capital. The round also includes continued support from existing investors Andreessen Horowitz (a16z), Kindred Ventures, Meritech, Bessemer Venture Partners, Notable Capital, Shopify Ventures, Salesforce Ventures, and others.

This is fal’s third fundraise in 2025—following its Series B and Series C—each driven by surging, usage-based demand rather than runway needs. It signals that fal has moved well beyond product–market fit and is now in a period of rapid growth and acceleration, building the foundational platform for the entire generative media space at a time when generative media is one of the fastest growing areas in AI.

“Sequoia, Kleiner Perkins and NVentures joining fal is a powerful signal about where generative media is heading—and who is going to define it,” said Burkay Gur, co-founder and CEO of fal. “Developers and enterprises are building entirely new categories of applications around real-time, personalized, generative content. fal is the infrastructure that makes that possible at global scale.”

The financing follows fal’s $125 million Series C announced in July 2025. At that time, the company had more than tripled its revenue since 2024 and surpassed 2+ million developers using the platform.

“fal's momentum has been undeniable—developers and enterprises kept telling us they were the platform to use for creating media with AI,” said Sonya Huang, Partner at Sequoia. “As inference is one of the largest technology markets and video its most demanding slice, fal's speed, model selection, and workflow and collaboration features position them to define the category. We’re proud to back a team enabling high‑quality, AI‑generated video at scale.”

Breakout Growth Since the Series C

Demand has continued to accelerate at historic speed:

• fal has more than doubled its run-rate in four months.
• Developer and enterprise usage surged further, with billions of real-time generative assets served monthly across image, video, audio, and 3D.
• Team size tripled in 2025, as the company scaled engineering, product, and go-to-market teams to meet global demand.
• fal also completed one strategic acquisition and launched multiple new product lines, expanding its reach across real-time AI workflows.

"fal’s velocity is rare, even by AI standards,” said Mamoon Hamid, partner, Kleiner Perkins. “They’re not just keeping up with demand; they’re setting the pace for what generative media infrastructure must look like as real-time experiences become the default.”

The Foundational Layer for Real-Time Generative Media

fal has emerged as the leading infrastructure layer for real-time, AI-generated content, enabling developers and enterprises to run any model—open-source, private, or commercial—through a single, ultra-low latency, serverless API. The platform automatically scales globally and eliminates DevOps overhead, allowing teams to deploy generative applications in minutes rather than months.

Today, fal powers millions of developers and hundreds of enterprise teams across commerce, design, entertainment, and emerging AI-native categories. Customers rely on fal for applications ranging from real-time video generation to hyper-personalized media, immersive creative tools, and advertising workflows.

Fueling the Next Era of Growth

The Series D funding will accelerate hiring across go-to-market and engineering, support the continued development of new product lines, and expand fal’s global infrastructure footprint to meet the rapidly rising demand.

“We are entering the next chapter of generative media—one defined by speed, personalization, and intelligent creation,” said Batuhan Taskaya, fal’s Head of Engineering. “fal’s mission is to power that future for developers everywhere, enabling them to build at the speed of imagination without being held back by infrastructure complexity.”

About fal

fal is the leading platform for real-time generative media, offering cutting-edge inference solutions for AI-powered video, image, 3D, and audio applications. The company partners with enterprises, research labs, and developers worldwide to accelerate the future of real-time generative AI content creation. For more information, visit www.fal.ai.