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/