The Next Web

Freepik rebrands as Magnific: a bootstrapped, profitable $230M ARR AI creative platform

Freepik rebrands as Magnific, unifying its AI creative platform under one name. $230M ARR, 1M+ paying subscribers, bootstrapped and profitable.
PE Hub

EQT-backed Freepik adds on Magnific

EQT acquired a majority stake in Freepik in 2020 Freepik is a global tech company that provides audio-visual resources and GenAI tools EQT is a global investment firm EQT’s portfolio company Freepik ...

Freepik's rebrand to Magnific marks a wider shift in all-in-one creator software driven by AI

CEO heralds the "no-collar economy" as rebranded creative platform hits $230 million in annual recurring revenue.
TechCrunch

Freepik releases an ‘open’ AI image generator trained on licensed data

Freepik, the online graphic design platform, unveiled a new “open” AI image model on Tuesday that the company says was trained exclusively on commercially licensed, “safe-for-work” images. The model, ...
Observer

Inside Freepik’s A.I. Ambition To Replace Photoshop and Figma: CEO Interview

Amid the A.I. boom, Freepik is transforming from a stock image library to a one-stop platform for graphic design. Nejc Soklič/Unsplash Since the release of OpenAI’s image generator DALL-E in 2022, ...