Inside fal’s $1.65B Series E & F Led by Sequoia & Bessemer

fal has raised $1.65B in a combined Series E and Series F, with Sequoia Capital leading the E and Bessemer Venture Partners leading the F. Its founders see generative media as 1 of only 3 product market fits in AI, alongside search and coding agents.

Burkay Gür (Co-Founder and CEO) and Gorkem Yurtseven (Co-Founder and CTO) started fal in 2021 after building machine learning infrastructure at Coinbase and Amazon. fal runs the infrastructure behind image, video, audio, and 3D models, serving developers, studios, and the model labs themselves.

Recorded at Dalida in San Francisco, Burkay and Gorkem explain how fal moved from Python data infrastructure into generative media, why video and image now split its revenue 50/50, and how demand kept rising as video prices jumped more than 10X. They also cover fal’s 150+ person org with only 2 reporting levels, the compute shortage shaping model launches, and why they believe the margin in AI sits with compute providers over applications.

“AI really has 3 product market fits. One of them is search. The other really clear one that’s growing really fast now is coding agents. And the third one is, we believe, generative media.”

We cover:

› The $1.65B Series E and F

› Why individuals spend $10K to $20K a month on generative media

› Veo 2 pricing and the shift to professional ads and film work

› Super ICs and hiring for agency, hunger, and humility

› World models, open source, and Hollywood adoption

Burkay Gur: https://x.com/burkaygur

Gorkem Yurtseven: https://x.com/gorkem

Molly O’Shea: https://x.com/MollySOShea

Sourcery: ⁠https://x.com/sourceryy

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