TechCrunch Startup News No-code website builder Framer reaches $2B valuation, also US manufacturing investment stumbles as clean tech cancellations pile up
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Aug 29, 2025 Framer has skyrocketed to a $2 billion valuation, attracting over half a million users with its no-code website building platform. The podcast delves into its competitive advantages and AI enhancements that are reshaping web development. In contrast, the U.S. clean tech sector faces hurdles, with $5 billion in manufacturing projects getting canceled. This trend reflects broader concerns within the manufacturing landscape, raising questions about future investments in sustainable technologies.
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Framer Hits $2B Valuation
- Framer reached a $2 billion valuation after a $100M Series D and now targets enterprise and AI growth.
- The company reports $50M ARR, aims for $100M next year, and has been break-even for the past year.
From Designer Tool To Enterprise Platform
- Framer has shifted from designer tools toward dynamic, enterprise-ready websites that teams can update without developers.
- New analytics and security features plus business plans drove businesses to become the majority of new customers.
Notable Customers Illustrate Momentum
- Framer counts customers like Miro, Perplexity, Scale AI and 40% of YC's most recent batch.
- These customer wins illustrate the shift toward B2B and enterprise adoption.