Recraft has completed a $30 million Series B financing round. Its image generation model once outperformed DALL – E and Midjourney

The image generation startup Recraft has completed a $30 million Series B funding round, led by Accel, with participation from Khosla Ventures and Madrona, among others. Headquartered in San Francisco, USA, Recraft secured $12 million in Series A funding in 2024. Its image generation model “red_panda” outperformed DALL-E and Midjourney in benchmark tests last year.