Tech Company Financing Transactions
fal - features and labels Funding Round
fal - features and labels, based in Oakland, secured $49 million from Andreessen Horowitz, Notable Capital and Bessemer Venture Partners.
Transaction Overview
Company Name
Announced On
2/13/2025
Transaction Type
Venture Equity
Amount
$49,000,000
Round
Series B
Investors
Andreessen Horowitz (Lead Investor)
Notable Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds for: Infrastructure Expansion: scaling global cloud capacity to meet enterprise demand for AI video, transitioning from thousands of Hopper GPUs to tens of thousands of Blackwell GPUs. Model Marketplace and Ecosystem: introducing new community-driven features and model endpoints, including Whisper, Flux, and Stable Diffusion benchmarks. Team expansion.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
6020 Adeline Street
Oakland, CA 94608
USA
Oakland, CA 94608
USA
Phone
Undisclosed
Website
Email Address
Overview
Founded in 2021 by Burkay Gur and Gorkem Yurtseven, our company was born out of a shared passion for AI and a desire to address the challenges in AI infrastructure observed during their tenures at Coinbase and Amazon. Since then, we've achieved remarkable milestones, including developing the fastest inference for models like SDXL and Whisper. Our solutions now support hundreds of millions of customers, demonstrating our ability to serve at an impressive scale.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Burkay Gur
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