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River AI, a startup founded by xAI co-founder Igor Babuschkin, raises a $1.1 billion seed/Series A round led by General Catalyst

Funding Confirmed 86% confidence first seen

River AI announced it raised $1.1 billion in a seed/Series A round led by General Catalyst and AMP PBC, with participation from investors including Nvidia and AMD Ventures. The company plans to use the funding to expand its training-first “River API” approach, including support for reinforcement learning and LoRA fine-tuning, and to build additional personalization and agent-related products.

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