Fabula AI, founded in 2023 by Rodion Kadyrov and Ali Ozdiev, builds a neural-network image generator and image-editing tools. Its core platform functions include upscaling photos without quality loss, background removal, object removal, and image generation from prompts. The company reports more than 2 million users across Telegram, VK, the App Store, and Google Play. Fabula has developed a deepfake detector that is in final testing and is intended to filter content and notify users of forgeries. The startup raised $1.5M in a seed round at a $25M valuation and says the funds will go to research and new development. Earlier individual investment includes comedian Evgeny Chebatkov's 5 million ruble contribution. Fabula AI is a multiplatform application for creating and editing images using neural networks. The service operates on Telegram, VK, the App Store and Google Play and says it attracted 1.7 million users in under a year. The startup was founded by Ali Ozdiev and Rodion Kadyrov. Fabula AI reported revenue of 36 million rubles between March and December 2023. The company says new funding will be used to acquire users and to launch a turnkey AI-tools offering. In 2024 the startup plans to open a seed round to raise up to 200 million rubles to scale its B2B market.

Total raised

$2M

Funding rounds

2

Latest round

Seed

Latest activity

Jun 2024