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Latham & Watkins Advises Bessemer Venture Partners on Investment in fal - Latham & Watkins LLP

Reported by Lw ·Legaldesire
Feb 24, 2025· 1 min read
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Key Takeaways
  • • fal, an infrastructure platform for AI-driven media creation, raised US$49 million in Series B funding, bringing its total funding to US$72 million.
  • • The round included participation from Notable Capital, Andreessen Horowitz (a16z), Bessemer Venture Partners, Kindred Ventures, and First Round Capital.
  • • Latham & Watkins LLP advised Bessemer Venture Partners on the transaction through its Emerging Companies & Growth team.
Summary
fal, described as the leading infrastructure platform for AI-driven media creation, announced it has raised US$49 million in Series B funding, according to a February 24, 2025 announcement published by Latham & Watkins. The round brought the company's total funding to US$72 million.

Investors participating in the round included Notable Capital, Andreessen Horowitz (a16z), Bessemer Venture Partners, Kindred Ventures, and First Round Capital. The source material does not disclose the valuation or the allocation of capital among the participants.

Latham & Watkins LLP represented Bessemer Venture Partners in the transaction. The firm's Emerging Companies & Growth team was led by Bay Area partner Brian Patterson, with associates Eduard Grigoryan and Daphne Lambadariou supporting the deal.

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Sources

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AlphaMaven summarised this story from the reporting below. Each link opens the original article.

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