Recraft, a London, UK-based generative AI design platform, has raised $30 million in Series B funding.
Investors
The round was led by Accel, with participation from Madrona Ventures, Khosla Ventures, Nat Friedman, Elad Gil, and RTP Global.
Accel is a global venture capital firm that invests in early-stage and growth-stage tech companies. The firm focuses on the technology, consumer products, SaaS, fintech, and healthcare sectors. With offices in Silicon Valley, London, and Bangalore, Accel provides capital, strategic guidance, and a vast network to help companies scale globally.
Recraft Use of Funds
The company will use the funds to enhance its generative AI capabilities, expand go-to-market efforts, and develop new features that provide greater control over visual identity for creative professionals.
About Recraft
Recraft provides an AI-powered generative design platform for business. Its platform enables creators to generate and iterate high-quality visuals such as images, vector art, illustrations, icons, and 3D graphics with AI. With its proprietary model, Recraft V3, the platform allows users to generate images with precise control over visual elements, ensuring that designs align with brand guidelines. Founded in the US in 2022 and headquartered in London, UK, Recraft has over 4 million users.
Funding Details
Company: Recraft, Inc.
Raised: $30.0M
Round: Series B
Funding Date: May 2025
Lead Investor: Accel
Additional Investors: Madrona Ventures, Khosla Ventures, Nat Friedman, Elad Gil, RTP Global
Company Website: https://www.recraft.ai/
Software Category: AI Design / Generative AI
Source: https://www.businesswire.com/news/home/20250430996607/en/