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Cake Raises $13 Million in Seed Round

Cake, a New York-based managed open-source AI infrastructure platform, has raised $13 million in seed funding.

Ben Murray profile image
by Ben Murray
Cake Raises $13 Million in Seed Round

Cake, a New York-based managed open-source AI infrastructure platform, has raised $13 million in seed funding. 

Investors 

The round was led by Gradient, Google's early-stage AI fund, with participation from Primary Venture Partners and others. 

Founded in 2017, Gradient Ventures is a seed fund based in San Francisco, California, focused on supporting founders in AI. The fund has been investing at the forefront of artificial intelligence since its inception. 

Cake Use of Funds 

The funds will help Cake bring cutting-edge AI technologies to mid-market companies. 

About Cake 

Cake provides a comprehensive and flexible AI infrastructure platform designed to solve complex problems quickly. Launched in 2023 and based in New York City, Cake offers a curated selection of pre-integrated and fully managed open-source AI components that allow businesses of all sizes to deploy AI into production far faster and more easily than ever before. Cake supports customers in actively replacing existing workflows with cutting-edge AI models. 

Funding Details 

Company: Cake AI Technologies, Inc. 

Raised: $13.0M 

Round: Seed Round 

Funding Date: December 2024 

Lead Investor: Gradient 

Additional Investors: Primary Venture Partners 

Company Website: https://www.cake.ai/  

Software Category: AI Infrastructure 

Source: https://www.businesswire.com/news/home/20241204641063/en/ 

Ben Murray profile image
by Ben Murray

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