rabbit, a Los Angeles, CA-based AI company focused on consumer hardware and foundation model research, raised a $20 million funding.

SaaS Investors

The round was led by Khosla Ventures, with participation from existing investors, including Synergis Capital, and strategic partners including Kakao Investment.

Khosla Ventures is an venture capital firm with over $15 billion of assets under management, Khosla Ventures focuses on early stage companies in various sectors including AI, sustainability, enterprise, consumer, health and frontier technologies.

rabbit Use of Funds

The funding will be used to scale the company's engineering and product development efforts and prepare for its hardware launch early next year.

About rabbit

rabbit is an AI company developing a personalized operating system (OS) through a natural language interface and dedicated, affordable consumer hardware to host the OS. The OS, called 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: $20.0M

Round: Unknown

Funding Month: October 2023

Lead Investors: Khosla Ventures 

Additional Investors: Synergis Capital, Kakao Investment

Company Website: https://www.rabbit.tech/

Software Category: AI-powered Personalized Operating System

Source: https://www.businesswire.com/news/home/20231004956501/en