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
AI code review startup CodeRabbit, backed by Nvidia, has secured a $143 million funding round, bringing its valuation to $1.5 billion. The Series C round was co-led by Atomico and Smash Capital, with participation from BMW i Ventures, Datadog, and Hirtle Callaghan. Founded in 2023, the California-based company has an office in London.
CodeRabbit's AI-powered coding tool allows users to automatically review code as it's being written. The funding will be used to expand the European workforce and enter the Asian market, focusing on Japan and Singapore. Company leaders believe that CodeRabbit's independent review system and deep contextual understanding will become crucial for software development as AI becomes critical infrastructure for the global economy.
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- Nvidia-backed CodeRabbit valued at $1.5bn after $143m funding round siliconrepublic.com
