Nvidia-backed CodeRabbit valued at $1.5bn after $143m funding round
CodeRabbit intends to put part of the funds towards expanding its European workforce and moving into the Asian market. 5bn after $143m funding round
Nvidia-backed AI coding start-up CodeRabbit has raised $143m in a Series C funding round, bringing the company's valuation to $1.5bn. The investment round was led by Atomico and Smash Capital, with participation from BMW i Ventures, Datadog, and Hirtle Callaghan. Founded in 2023, CodeRabbit is based in California and has an office in London.
The company's AI-powered coding tool automatically reviews code as it's written. CodeRabbit plans to use the funding to expand its workforce in Europe and enter the Asian market, particularly Japan and Singapore. The company's CEO and co-founder, Harjot Gill, explained that their independent review system allows businesses to validate software regardless of the AI model that produced it, enhancing the resilience of critical infrastructure software.
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- Nvidia-backed CodeRabbit valued at $1.5bn after $143m funding round siliconrepublic.com
