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We build efficient general-purpose AI at every scale.
Headquarters / Origin: MIT CSAIL spinoff based in Boston/Cambridge
Product focus: Efficient, low-latency foundation models (LFMs) and edge deployment platform (LEAP)
Notable funding: Raised $37.5M seed (Dec 2023) and $250M Series A (Dec 2024, led by AMD)
Founding team: Ramin Hasani, Mathias Lechner, Alexander Amini, Daniela Rus
Efficiency and deployment of foundation models for on-device and low-latency environments
2023
Artificial intelligence / Machine learning
$37.5M
Announced December 6, 2023
$250M
Announced December 13, 2024; reporting cited a post-money valuation of over $2 billion
“Mix of VC, corporate investors, and notable angels including OSS Capital, PagsGroup, Breyer Capital, Samsung Next, Bold Capital Partners, and individual angels such as Tom Preston-Werner and Naval Ravikant”
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