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Backed by a16z and NEA, Backflip raises $30M Series A to turn text into AI-generated designs
Led by Markforged veterans and backed by a16z, Backlip has raised $30M to democratize product design thanks to AI.
Backflip’s round was co-led by NEA and a16z with participation from angel investors including Microsoft CTO Kevin Scott, Android founder Rich Miner, and Ashish Vaswani, a co-author of the “Attention is All You Need” paper that helped launch the LLM revolution. For NEA partner Lila Tretikov, Backflip is also part of a thesis around funding startups focused on building and generating 3D worlds and products, another trend examined by TechCrunch. Tretikov led NEA’s investment into World Labs, the startup created by AI pioneer Fei-Fei Li that wants to generate interactive 3D scenes from a single photo.
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