Recraft, an AI graphic design startup, has successfully raised $12 million (approximately €11 million) in a Series A funding round, as reported by TechCrunch, TechInsider, EU_Startups, VentureBeat, and StepStoneVC. The round was led by Khosla Ventures and Nat Friedman, the former CEO of GitHub, with participation from StepStone platform manager BasisSet. Recraft's generative AI technology, which can develop both raster and indefinitely scalable vector images, is positioned to innovate in the graphic design industry. The company's recent pitch deck, consisting of 22 slides, played a significant role in securing the investment. The broader AI industry, however, continues to face ethical controversies.
.@recraftai, a professional AI graphic design platform, scored $12M in a recent Series A funding with participation from StepStone platform manager @BasisSet. Read more about the tool that can develop both raster & indefinitely scalable vector images: https://t.co/EYN993YU7j
AI graphic design tool Recraft gets $12M to launch a foundation model https://t.co/dX3m4s9HtG
Generative AI startup Recraft just raised $12 million from Khosla Ventures and Nat Friedman with this 22-slide pitch deck https://t.co/ksY874RDEN
Recraft, a professional AI graphic design generator, announced €11 million in Series A funding in a round led by Khosla Ventures and former GitHub CEO, Nat Friedman 🇬🇧 ⚡https://t.co/vgo6cJqxwb
Can Recraft’s foundational model for graphic design swerve the AI controversy?: https://t.co/YtiQ0pYurq by TechCrunch #infosec #cybersecurity #technology #news
Can Recraft’s foundational model for graphic design swerve the AI controversy? https://t.co/Ftp8IPFFwY
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