Magnific
Magnific is a Málaga-based generative AI creative platform, formerly Freepik (founded 2010).
About
Magnific is a Málaga-based generative AI creative platform, formerly Freepik (founded 2010). EQT took a majority stake in 2020; it acquired AI upscaler Magnific AI in May 2024 and rebranded the whole company as Magnific in April 2026, offering AI image/video/audio/3D generation and editing, AI upscaling and a 250M+ asset stock library to creators, marketing teams and 250+ enterprise customers.
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Founders / team· 5
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Magnific
Magnific is a Málaga-based generative AI creative platform, formerly Freepik (founded 2010). EQT took a majority stake in 2020; it acquired AI upscaler Magnific AI in May 2024 and rebranded the whole company as Magnific in April 2026, offering AI image/video/audio/3D generation and editing, AI upscaling and a 250M+ asset stock library to creators, marketing teams and 250+ enterprise customers.
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United States
BusinessLatest roundTotal raisedDate- Melius
AI agent-driven creative platform generating ad images, videos and UGC content for ad agencies, brands and e-commerce
Series A · $25M · 2026-10
$25M - Buildcheck
Proprietary computer vision models that automatically detect errors, omissions and cross-discipline coordination conflicts in construction drawings, so construction teams catch issues at the drawing stage rather than on site
Series A · $18M · 2026-09
$18M - Infinitform
AI-based assistant built for mechanical engineers
Seed · $15M · 2025-05
$15M
China
BusinessLatest roundTotal raisedDate- DesignOrder
AI generative design and R&D agents for industrial hardware engineering (natural language-driven 3D design + automated 2D engineering drawings)
Series B · 2026-07
— - 蜂巢互联
Industrial AI infrastructure
Undisclosed · $167M · 2026-08
$167M - Nolibox
AIGC creative design platform
Series A · $7M · 2024-01
$7M
Europe
BusinessLatest roundTotal raisedDate- Circuit Mind
AI agents that generate and review PCB schematics and bills of materials
Series A · $33M · 2026-10
$33M - EMC Gems
Generative design software and digital twin condition monitoring for electromagnetic sensors (position/magnetic/current).
— - Rayon
Browser-based collaborative drawing software for architectural/interior design
Series A · $18M · 2026-09
$18M
Other / unspecified
BusinessLatest roundTotal raisedDate- Luphra
AI CAD platform generating editable 3D part designs from text, photos or sketches, with manufacturability checks and custom part printing and delivery
— - qbiq
Generative AI that quickly produces optimized floor plans, 3D visualizations and detailed design plans
Series A · $26M · 2025-01
$26M - Supernova
Helps enterprises use AI to move faster from product design to finished software
Series A · $9M · 2025-10
$9M
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