TabbyML, a San Francisco, CA-based startup with an artificial intelligence productivity tool for developers, has raised $3.2 million in seed funding.

SaaS Investors

The investment was from Yunqi Partners and ZooCap.

Yunqi Partners is a venture capital firm that invests in seed, startup, early-stage, and middle-stage companies operating in the mobile internet, smart devices, fintech, B2B services, cloud computing, and big data sectors. It was founded in 2014 and is headquartered in Shanghai, China.

Established in 2019, Zoo Cap is a venture capital firm based in Shanghai, China. It focuses on making investments in sectors like TMT, healthcare, and consumer upgrades.

TabbyML Use of Funds

The company plans to use the funds to further develop its open-source code generator.

About TabbyML

TabbyML offers an AI Coding Assistant that helps you write code faster. It draws context from comments and code to suggest lines and whole functions instantly. It enables developers to generate code using natural language prompts. The tool is designed to be integrated with the code editor that a software team uses in its day-to-day work.

Funding Details

Company: TabbyML, Inc.

Raised: $3.2M

Round: Seed Round

Funding Month: October 2023

Lead Investors: Yunqi Partners and ZooCap

Additional Investors:

Company Website: https://www.tabbyml.com/ 

Software Category: AI Coding Assistant

Source: https://siliconangle.com/2023/10/10/tabbyml-raises-3-2m-open-source-ai-coding-assistant/