Recraft - The Company Behind Image Model that Beat Midjourney & Open AI's DALL-E Raised $30 Million.

Founded by Anna Veronika Dorogush, Recraft gained traction when their model, code named red_panda topped the Artificial Analysis Benchmark last year. They have raised a $30 Million series B led by Accel. Their models, built from scratch are particularly good at generating material for brands, making them compete with other design tools like Canva.