Black Forest Labs

Multimedia and Design Software · Freiburg im Breisgau, Germany · Founded 2024 · Privately Held (backing)

Developer of a visual intelligence platform designed to enable high-fidelity image generation and image editing from text and reference inputs. Black Forest Labs is based in Freiburg im Breisgau, Germany and was founded in 2024. It was valued at $4 billion at its early-stage round in Dec 2025, the last priced event on record. It has raised $457 million across 1 recorded round; the latest was a $300 million Series B in Dec 2025.

PMV mark · valuation
$4.0B
Oct 2026
Priced at
its early-stage round
Dec 2025
Total raised
$456.9M
Last round
Early Stage VC (Series B)
Dec 2025
Cap table — not yet on record

Black Forest Labs's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.

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Frequently asked about Black Forest Labs

Where does Black Forest Labs's cap table come from?
Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Black Forest Labs's 1 recorded funding rounds.