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#141 by ARRFreiburg, DEbfl.ai ↗

Black Forest Labs

We’re the team behind Latent Diffusion, Stable Diffusion, and FLUX, foundational technologies that changed how the world creates images and video. We’re creating the generative models that power how people make images…

ARR
$96M
as of Dec 2025
Employees
~60
as of Oct 2026
Valuation
$3.3B
34× ARR
ARR / employee
$2M
revenue efficiency
About Black Forest Labs

We’re the team behind Latent Diffusion, Stable Diffusion, and FLUX—foundational technologies that changed how the world creates images and video. We’re creating the generative models that power how people make images and video—tools used by millions of creators, developers, and businesses worldwide. Our FLUX models are among the most advanced in the world, and we’re just getting started. Headquartered in Freiburg, Germany with a growing presence in San Francisco, we’re scaling fast while staying true to what makes us different: research excellence, open science, and building technology that expands human creativity.

Maker of the FLUX image models, licensed to Grok, Mistral and large platforms. Revenue of ~$96M at its December 2025 Series B, which valued the 60-person lab at $3.3B.

Investors · 17

LeadAMP (Anjney Midha)Venture capital
LeadSalesforce VenturesCorporate18 partners on file
InvestorAdobeCorporate14 partners on file
InvestorAir Street CapitalVenture capital2 partners on file
InvestorAndreessen HorowitzVenture capital290 partners on file
InvestorBain Capital VenturesVenture capital22 partners on file
InvestorBroadLight CapitalVenture capital9 partners on file
InvestorCanva (Canva Ventures)Venture capital3 partners on file
InvestorCreandumVenture capital7 partners on file
InvestorEarlybird Venture CapitalVenture capital18 partners on file
InvestorFigma VenturesVenture capital3 partners on file
InvestorGeneral CatalystVenture capital71 partners on file
InvestorMätch.vcVenture capital
InvestorNorthzoneVenture capital16 partners on file
InvestorNvidiaCorporate14 partners on file
InvestorTemasekSovereign fund19 partners on file
InvestorVisionaries ClubVenture capital
506 partner contacts across these firms, emails and LinkedIn are in Investor Contacts for paid members.

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