Your Source for Venture Capital and Private Equity Financings

VC-funded Company:

River AI
100 Forest Ave.
Palo Alto, CA 94301
https://river.ai

River AI is a full-stack AI company founded by Igor Babuschkin to create personal, continually improving AI. Its platform allows any developer to train, tune, and serve custom models without a dedicated infrastructure team or expensive hardware. Through its API, River delivers state-of-the-art LoRA fine-tuning and reinforcement learning for frontier open weight models, with token-metered billing and instant deployment to production.

Key Contact
Name
Igor Babuschkin
Title
Co-Founder & CEO
E-Mail
Funding Events

Date
Amount
Type
Investors
Valuation
08/21/26 $1,100,000,000 Venture AMD Ventures
AMP PBC
General Catalyst
NVIDIA
undisclosed