Figma has acquired Weavy, an AI-powered media generation company, and will rebrand it as Figma Weave. The acquisition includes a team of 20 from Weavy, but the deal's valuation remains undisclosed. Founded in 2024 in Tel Aviv, Weavy raised $4 million in a seed round earlier this year, attracting investors like Entrée Capital and Fiverr’s Micha Kaufman. Weavy’s tools allow users to generate images and videos through various AI models, offering advanced editing options. Users can start with a prompt, generate images or videos, and refine them with layer edits, lighting adjustments, and color changes. Different models, including Seedance and Flux, cater to specific media types. Figma plans to keep Weavy as a separate product for now, with future integration into its platform. Figma CEO Dylan Field praised Weavy's user-friendly approach, highlighting how the tools blend simplicity with powerful capabilities. The growing demand for AI design platforms is evident, as seen with recent acquisitions and funding in the sector, including Perplexity's acquisition of Visual Electric and Krea’s $83 million funding round.