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Rain AI Secures $8.1M in Series A Extension

Rain AI Secures $8.1M in Series A Extension
Rain AI Secures $8.1M in Series A Extension

Rain AI, a San Francisco-based AI chip startup, secured $8.1M in Series A Extension funding.

The round was led by Epic Venture Partners. Rain AI, founded in 2017, is developing energy-efficient AI hardware leveraging in-memory compute technology.

The new funds will facilitate the launch of its first chip by 2025 and bolster discussions with major hyperscalers and semiconductor firms to license its IP.

Previously, Rain AI raised over $40M from leading investors like Sam Altman and Jeff Rothschild. It plans to impact industries including drones, VR, and smartphones.

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