Back to list

Black Forest Labs

European frontier AI lab behind the FLUX image generation models
AI 📍 Freiburg, Germany Founded 2024
Current Valuation
$3.3B
as of 2025-Q4
UNICORN

IPO Outlookprivate

Is Black Forest Labs going public?
No. Black Forest Labs is private and has not filed to go public. There is no S-1 on file.
What is Black Forest Labs' valuation in 2026?
Black Forest Labs is valued at $3.3B as of 2025-Q4, set by its Series B ($300M, Dec 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Black Forest Labs filed an S-1?
No public S-1 is on file for Black Forest Labs.
Who are Black Forest Labs' investors?
Black Forest Labs' investors include Salesforce Ventures, Andreessen Horowitz, General Catalyst, Brendan Iribe, MätchVC.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Black Forest Labs is the German AI research lab founded in 2024 by Robin Rombach and the original Stable Diffusion authors. Its FLUX image-generation models have rapidly become the open-weights standard, embedded across Grok, X, and hundreds of consumer apps. The company raised $300M in a Series B at a $3.25 billion post-money valuation in December 2025, led by Salesforce Ventures, and has emerged as one of Europe's most credible AI sovereignty plays alongside Mistral.

Company Profile

CEO
Robin Rombach
Founded
2024
HQ
Freiburg, Germany
Employees
~50
Total Raised
$750M
Est. Revenue
$96.3M (2025)
Growth
Hypergrowth — sub-2-year-old lab
Last Round
Series B — $300M (Dec 2025) · Lead: Salesforce Ventures
IPO Status
private

Fundraising Status

Series B · $300M · 8 mo ago
privateTotal raised $750M

Secondary Market

Implied price / share
$45.38
Open interest
2
Secondary price return by period
Secondary market period returns3-month+40.8%6-month+127%1-year+1001%All-time+4438%
Implied per-share price from private secondary transactions, as of Jun 2026. This is a point estimate, not a quote — the feed carries no bid, ask or spread, and a secondary print is evidence of what someone paid on that date rather than a live market. Compare across every tracked name →

Latest Funding Round

RoundAmountDateLead InvestorPost-Money
Series B$300MDec 2025Salesforce Ventures

Vertical Intelligence — AI / ML

Open models
35
verified organization
Downloads (30d)
4,188,866
across all models
Followers
40,424
Top model
FLUX.2-dev
952,388 downloads / 30d
Attributed to Hugging Face organization "Black Forest Labs" as of 2026-08-19. Open-weights footprint only — closed-model usage is not publicly measurable. Verify on Hugging Face ↗

Talent Signal

Hiring trend
First snapshot
trend accrues with monthly sweeps
Open roles
12
via ashby
Product-build share
33%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 33% builders vs 67% go-to-market/G&A — scaling both sides.
Actively hiring with no tracked executive churn.
Open roles by month
Open roles by month12Aug '26
Open roles by function
Open roles by functionOther4Sales & GTM3Research2Hardware1Engineering1Finance & Strategy1
product-building   go-to-market / G&A
Member of Technical Staff - Research Infrastructure EngineerForward Deployed Robotics EngineerMember of Technical Staff - Research EngineerMember of Technical Staff - Model Serving / API Backend EngineerMember of Technical Staff - Image / Video GenerationSenior Partnerships Manager
Counted from Black Forest Labs's live job board as of 2026-08-17; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.

Founders & Key People

Robin RombachAndreas BlattmannPatrick Esser

Investors

Salesforce Ventures · Andreessen Horowitz · General Catalyst · Brendan Iribe · MätchVC

Products

  • FLUX.1 (image generation)
  • FLUX Pro / Dev / Schnell
  • FLUX Video
  • API for developers
  • Open-weights releases

Competitors

Stability AI · Midjourney · OpenAI (DALL-E / Sora) · Ideogram · Runway
AIGenerative AIImage GenerationOpen WeightsEurope
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.