Seed and Series A · AI
River AI announces $1.1bn across seed and Series A funding
General Catalyst and AMP PBC co-lead financing for a platform that lets developers train and own customized AI models.
Model ownership as the starting point
River’s first product gives developers an API for training and serving open models. Teams can adapt a model to their own data and tasks, with River operating the underlying compute infrastructure.
The company’s broader ambition is personal AI that learns from individual users. Its funding announcement presents the developer platform as the first step toward that goal, with personalized products and hardware still part of the longer-term programme.
Use of funds
Develop training infrastructure, personalized AI products and hardware
Funding history
Seed and Series A · This round$1.1B