Rain AI raised $8.1M in a Series A extension round led by Epic Venture Partners to develop energy-efficient AI hardware using in-memory compute technology.
Rain AI raised $8.1M in a Series A extension round led by Epic Venture Partners to develop energy-efficient AI hardware using in-memory compute technology.
05/26/24, 10:30 PM
Location
san franciscoMoney raised
$8.1 million
Industry
software
Round Type
series a
Investors
Scott Gray, Jaan Tallinn, Oliver Cameron, Daniel Gross, Jeff Rothschild, Sam Altman
Epic Venture Partners has invested $8.1 million in Rain AI's mission to create energy-efficient AI hardware using in-memory compute technology, enabling advanced AI models to run locally on various devices.
Company Info
Location
3 main street
san francisco, california, united states
Additional Info
At Rain AI, we’re creating a future with abundant and scalable artificial intelligence. We're building the world’s most cost and energy efficient hardware for AI. Our products achieve an order of magnitude improvement over the status quo by co-designing every layer of the AI stack, from circuits to algorithms.
Rain AI is currently a Series A stage startup and backed by world leaders in AI. Our seed round was led by Sam Altman (OpenAI). In addition, our current VC partners include Y Combinator, Daniel Gross, Jaan Tallinn, Founders X Fund, Airbus Ventures, Liquid 2 Ventures and Deepwater.