Design platform Figma said today that it has acquired AI-powered image and video generation company Weavy. The startup will join Figma under a new brand called Figma Weave.
Figma said that 20 people from Weavy will join the company, but didn’t disclose the valuation of the deal. The Tel Aviv-based startup was founded in 2024 and raised $4 million in a seed round in June led by Entrée Capital, with participation from Designer Fund, Founder Collective, and Fiverr founder Micha Ka
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