rabbit, a Los Angeles, CA-based AI startup focused on human-machine interface, has raised $10 million in Series A funding, bringing its total funding now stands at $30 million.
SaaS Investors
The round was led by Khosla Ventures.
Founded in 2004, Khosla Ventures is a venture capital firm that invests in a range of areas including AI, climate, sustainability, enterprise, consumer, fintech, digital health, medtech and diagnostics, therapeutics, and frontier technology. The firm is headquartered in Menlo Park, California.
rabbit Use of Funds
The company will use the funds to expand its team and develop its first standalone hardware, r1, powered by its proprietary foundation model, the Large Action Model (LAM).
The r1 device will be officially unveiled on January 9, 2024, at the Consumer Electronics Show (CES) in Las Vegas.
About rabbit
rabbit inc. is an AI startup developing a personalized operating system (OS) through a natural language interface and dedicated, affordable consumer hardware to host the OS. rabbit OS is capable of understanding complex user intentions, operating user interfaces, and performing actions on behalf of the user. The key technology powering rabbit OS is the Large Action Model (LAM), a new type of foundation model that understands human intentions on computers.
Funding Details
Company: rabbit, inc.
Raised: $10.0M
Round: Series A
Funding Month: December 2023
Lead Investors: Khosla Ventures
Additional Investors:
Company Website: https://www.rabbit.tech/
Software Category: Application Software
Source: https://www.businesswire.com/news/home/20231221415633/en/