TechCrunch reports Fal raised $1.3 billion, and Bessemer says it is leading the Series F

TechCrunch published an article timestamped 11:34 AM PST on 3 November 2026. As reported by TechCrunch, Fal, which it describes as a San Francisco company that hosts and runs AI video, image and audio models, has raised $1.3 billion in its latest funding round, led by Bessemer Venture Partners, with participation from Nvidia, Sound Ventures and T. Rowe Price. The same article says Bloomberg reported that the deal values Fal at $16 billion, double its $8 billion valuation in April. TechCrunch says the startup announced its Series E and Series F rounds at the same time and noted that a combined $1.65 billion was raised across both, and that Sequoia led the earlier round. It says Bloomberg's report noted that Fal surpassed $800 million in annualized revenue earlier this year.

Bessemer's own post, published on 3 November 2026, says Bessemer is leading fal's Series F. That post does not state a round size, a valuation, or the other investors named in the TechCrunch article.

What it means for business: the $1.3 billion and the combined $1.65 billion are figures in the TechCrunch article. The $16 billion valuation, the April comparison and the revenue figure are attributed there to Bloomberg. Bessemer's post confirms that it is leading a Series F and does not repeat those amounts. This describes those two pages. It is not advice on the investment.