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Tech Crunch – Black Forest Labs raises $300M at $3.25B valuation

Posted on December 1, 2025

The round was co-led by Salesforce Ventures and Anjney Midha (AMP), and saw participation from a16z, NVIDIA, Northzone, Creandum, Earlybird VC, BroadLight Capital, General Catalyst, Temasek, Bain Capital Ventures, Air Street Capital, Visionaries Club, Canva and Figma Ventures. Read more: Read More 

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