Black Forest Labs Series B · $300M raised · (2025)

Round details

Amount$300M

SeriesSeries B

AnnouncedDec 1, 2025

Sources

Round announcement

tech.eu

Black Forest Labs Raises 300m At 3 25b Valuation

techcrunch.com

Round score

40/100

Mixed

A mixed round, some signals are off the norm.

Round size vs peers
Far above the typical Series B round (10.0× the median), an outlier.

Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.

vs. Series B rounds (200)

Round size distribution98th pct

smaller Series B roundslarger

Black Forest Labs - Series B