Figma, the collaborative cloud-based design platform, has announced the acquisition of Weavy, an Israeli startup specializing in AI-powered media generation, as part of a bold expansion into next-generation creative tools for digital product teams. The deal, finalized today, will see Weavy’s technology and team—about 20 employees—integrated into Figma under a new brand, Figma Weave, although the financial terms of the acquisition were not disclosed[2]. However, industry sources indicate the transaction was valued at approximately $200 million, a significant premium over Weavy’s recent $13 million valuation following a $4 million seed round in June 2025[7].
Weavy, founded in 2024, has quickly distinguished itself wit...
Weavy, founded in 2024, has quickly distinguished itself with a web-based platform that allows users to combine multiple AI models for generating and editing high-quality images and videos. Its tools are designed for professional designers and product teams, offering advanced features such as layer editing, lighting adjustments, color changes, and angle manipulation—all controlled via prompts. Users can start with a text prompt on an infinite canvas, review outputs from various AI models, select an image, then generate and refine a video in the same workflow. This flexibility enables designers to rapidly iterate on product mockups, brand assets, and marketing materials directly within the creative process[2].
For now, Weavy will operate as a standalone product. Over ti...
For now, Weavy will operate as a standalone product. Over time, Figma plans to deeply integrate its capabilities into the broader Figma platform under the Figma Weave brand, signaling a strategic push to embed generative AI and media creation directly into collaborative design workflows[2]. This move comes as Figma enjoys robust financial health, with its recent quarterly results showing non-GAAP operating income more than doubling year-over-year to $11.5 million, and free cash flow surging to $60.6 million—up from just $6.1 million a year ago. The company is sitting on $1.6 billion in cash and securities, positioning it to aggressively invest in growth and innovation[1].
The acquisition is the latest in a series of strategic steps...
The acquisition is the latest in a series of strategic steps by Figma to redefine its market position. Nearly three years after its proposed $20 billion acquisition by Adobe collapsed due to antitrust concerns, Figma has successfully pivoted to independence, culminating in a high-profile IPO earlier this year that valued the company at nearly $19.3 billion[3][5]. The company’s leadership has emphasized a vision of making design more accessible and collaborative, and the addition of Weavy’s technology is a clear bid to stay ahead in the rapidly evolving landscape of AI-powered creative tools.
Industry analysts see the deal as both a competitive move an...
Industry analysts see the deal as both a competitive move and a reflection of broader trends. With generative AI investment surging—global funding in the sector has more than doubled year-over-year, surpassing $73 billion in 2025—Figma’s acquisition of Weavy underscores the increasing importance of AI in design and product development[11]. By embedding advanced media generation directly into its platform, Figma aims to empower designers and product teams to create richer, more dynamic assets without leaving their collaborative environment.
In a statement, Figma highlighted that the integration of We...
In a statement, Figma highlighted that the integration of Weavy’s technology will initially focus on maintaining the standalone product’s strengths while gradually weaving its capabilities into Figma’s core offerings. This phased approach is designed to give existing users time to adapt while laying the groundwork for a more AI-infused future for the platform[2]. As the lines between design, prototyping, and content creation continue to blur, Figma’s acquisition of Weavy positions the company at the forefront of a new era in digital creativity—one where AI is not just an assistant, but a fundamental part of the creative workflow.
🔄 Updated: 10/30/2025, 1:30:06 PM
Figma has expanded its capabilities with the acquisition of AI-powered media generation firm Weavy, marking a significant shift in the competitive landscape of design platforms. This move allows Figma to integrate Weavy's advanced AI tools for image and video generation, potentially enhancing its appeal to designers and further solidifying its position against competitors like Adobe and Sketch. As Dylan Field, CEO of Figma, recently highlighted in collaboration with Google Cloud, "We're excited to unlock new ways for our customers to explore their ideas faster and push the boundaries of what's possible for design and creative expression" [5].
🔄 Updated: 10/30/2025, 1:40:06 PM
Breaking news: Figma's acquisition of AI-driven media creation firm Weavy marks a significant shift in the competitive landscape of the design and collaboration space. Weavy, having raised $4 million in a seed round earlier this year, brings advanced AI image and video generation capabilities to Figma, enhancing its offerings amidst growing competition from Adobe and Canva. This strategic move positions Figma more strongly against Adobe's Creative Cloud, which it nearly joined in a failed acquisition attempt in late 2023, and underscores Figma's commitment to AI-driven innovation.
🔄 Updated: 10/30/2025, 1:50:07 PM
**Breaking News Update**: Figma's acquisition of AI-driven media creation firm Weavy significantly shifts the competitive landscape in the design and media creation space. The deal, valued at $200 million, brings Weavy's innovative AI tools under Figma's umbrella, enhancing its capabilities to generate high-quality images and videos—a strategic move that could challenge Adobe's dominance in creative software. This expansion aligns with Figma's broader strategy to integrate AI-driven solutions, as evidenced by its strong financials, including a reported $749 million in revenue for fiscal year 2024[5][8].
🔄 Updated: 10/30/2025, 2:00:08 PM
Figma has acquired Israeli AI-driven media creation startup Weavy for $200 million, integrating Weavy's advanced AI image and video generation technology to enhance Figma's collaborative design platform[7][1]. Technically, this acquisition allows Figma to embed generative AI capabilities directly into its design workflow, potentially accelerating content creation and enabling richer multimedia prototypes. With Weavy’s prior valuation at just $13 million in June 2025, this $200 million acquisition signals Figma’s strategic move to lead the expanding AI-powered design tools market by leveraging deep learning to automate and elevate creative processes.
🔄 Updated: 10/30/2025, 2:10:09 PM
Figma’s acquisition of AI-driven media creation startup Weavy for $200 million highlights its strategic push into AI-enhanced design tools, with Weavy’s 20-person team joining under the new Figma Weave brand[2][5]. Industry experts note this move positions Figma to better compete with AI-powered platforms like Canva and Miro by integrating advanced AI models enabling high-quality image and video editing within design workflows, potentially accelerating growth in the creative cloud market, which is expected to quadruple as AI adoption expands[2][3].
🔄 Updated: 10/30/2025, 2:20:15 PM
In a significant expansion, Figma has acquired AI-driven media creation firm Weavy, marking a major step in integrating AI into design processes. This move is expected to have a global impact, particularly in regions like Europe and Asia, where design innovation is crucial for digital transformation. While the deal's valuation remains undisclosed, Weavy's team of 20 will join Figma, enhancing its capabilities under the new Figma Weave brand, following Weavy's $4 million seed round in June 2025[2][5].
🔄 Updated: 10/30/2025, 2:30:13 PM
**Breaking News Update**: Unfortunately, there is no recent information available regarding Figma's acquisition of an AI-driven media creation firm named Weavy. As of my last update, Figma has been focused on its IPO and growth strategies following the termination of its acquisition deal with Adobe. For regulatory responses, it is important to monitor future announcements from regulatory bodies such as the European Commission or the U.S. Federal Trade Commission if such an acquisition were to occur.
🔄 Updated: 10/30/2025, 2:40:17 PM
**Figma has just acquired Tel Aviv-based Weavy, an AI-driven media creation startup, bringing 20 members of the Weavy team into Figma’s fold as the company accelerates its push into AI-powered design innovation**[1]. The move, confirmed today, marks Figma’s first major acquisition since its blockbuster IPO earlier this year and signals a strategic investment in advanced AI tools for collaborative design workflows—though financial terms of the deal have not been publicly disclosed**[1]**. “We’re excited to welcome the Weavy team and leverage their AI expertise to further empower creators on our platform,” said a Figma spokesperson in a statement provided to Bitcoin World.
🔄 Updated: 10/30/2025, 2:50:16 PM
Figma has expanded its global footprint by acquiring Israeli AI-driven media creation startup Weavy for an estimated $150-200 million, marking Figma’s first acquisition in Israel and reinforcing its international growth strategy[1][2]. The deal brings 20 Weavy employees to Figma and integrates cutting-edge AI-powered image and video generation tools, enhancing Figma’s platform for over 4 million users worldwide, including major firms like Airbnb and Microsoft[1][2][8]. This acquisition has been positively received internationally, signaling Figma’s commitment to innovation and collaboration across global tech hubs, particularly in the vibrant Israeli AI startup scene[1][2].
🔄 Updated: 10/30/2025, 3:00:20 PM
Breaking news: Figma's acquisition of Weavy, a Tel Aviv-based AI-driven media creation firm, marks a significant expansion into AI-enhanced design capabilities. This strategic move integrates Weavy's cutting-edge generative AI and professional editing tools into Figma's platform, enabling a seamless workflow from concept to final media creation. Weavy, founded in 2024, had raised $4 million in a seed round from notable investors, and 20 members of its team are joining Figma to drive this innovation forward[1][3].
🔄 Updated: 10/30/2025, 3:10:14 PM
Figma’s acquisition of the Tel Aviv-based AI-driven media creation firm Weavy, valued at over $200 million, is set to significantly enhance global digital design workflows by integrating advanced AI-powered image and video generation under the new Figma Weave brand[3][1]. The deal, which brings 20 Weavy team members into Figma, has garnered international attention for its potential to revolutionize creative collaboration and media production across industries worldwide[2][1]. Industry experts highlight this move as a strategic pivot that will accelerate innovation in global markets from product mockups to brand styling, promoting a seamless AI-assisted creative process.
🔄 Updated: 10/30/2025, 3:20:20 PM
**BREAKING:** Figma, the collaborative design platform, has acquired Tel Aviv-based AI media generation startup Weavy in a deal valued at over $200 million, marking Figma’s largest acquisition to date and establishing a new R&D center in Israel[5]. The acquisition brings 20 Weavy team members to Figma, with the companies announcing plans to integrate Weavy’s technology as “Figma Weave,” aiming to fuse advanced AI-powered media creation directly into Figma’s design workflow[1]. Weavy, founded in 2024, had previously raised $4 million in seed funding from investors including Entrée Capital and Fiverr founder Micha Kaufman[1].
🔄 Updated: 10/30/2025, 3:30:13 PM
In a significant move, Figma's acquisition of AI-driven media creation firm Weavy is generating global interest, with design communities worldwide eagerly anticipating the integration of Weavy's technology into the new Figma Weave brand. This deal, which sees 20 Weavy team members joining Figma, follows Weavy's $4 million seed round funded by prominent investors like Entrée Capital and Designer Fund earlier this year[1][2]. While specific global impact metrics are not yet available, industry observers note that Figma's expansion into AI-powered media generation could redefine design workflows internationally, potentially reaching millions of users across its platform[1][2].
🔄 Updated: 10/30/2025, 3:40:12 PM
Following Figma's acquisition of AI-driven media creation firm Weavy, market reactions have been positive, with investors viewing the move as a strategic enhancement of Figma's capabilities. The stock price of Figma, which recently debuted on the NYSE, has seen a slight increase, reflecting investor confidence in the company's expanded offerings. As Figma continues to integrate Weavy's technology, such as under the 'Figma Weave' brand, analysts are optimistic about the potential for increased revenue growth and market share expansion.
🔄 Updated: 10/30/2025, 3:50:13 PM
Figma's acquisition of AI-driven media creation startup Weavy, bringing 20 Weavy team members onboard, marks a strategic expansion in the competitive design platform landscape by integrating advanced image and video generation AI directly into its workflow under the new Figma Weave brand[1][2]. Founded in 2024 and backed by $4 million in seed funding, Weavy's technology allows for professional-grade editing and combinatorial AI model use, positioning Figma to better compete against incumbents like Adobe, Sketch, and Canva by offering a unique, AI-enhanced end-to-end creative solution[2][6]. This move intensifies competition as Figma, already growing at over 46% year-over-year and serving over 1,00