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Reka AI Raises $110M from Nvidia, Snowflake, Valuation Triples to $1B
ByAinvest
Tuesday, Jul 22, 2025 7:06 am ET1min read
Reka AI, a startup that makes large language models, has raised $110 million in a funding round led by Nvidia and Snowflake. The deal triples the startup's valuation to over $1 billion. Reka AI was founded in 2022 by researchers from Alphabet's Google and Meta Platforms, and aims to create efficient foundation models. The company has grown from 20 to 50 employees in the past year. Snowflake will provide Reka AI's models and offerings to its customers.
Reka AI, a startup specializing in large language models, has raised $110 million in a funding round led by Nvidia Corp. and Snowflake Inc. This deal has more than tripled the startup's valuation to over $1 billion [1].Founded in 2022 by researchers from Alphabet Inc.'s Google and Meta Platforms Inc., Reka AI focuses on creating efficient foundation models. The company has experienced significant growth, increasing its workforce from 20 to 50 employees over the past year [1].
Snowflake Inc., a data warehousing company, will integrate Reka AI's models and offerings into its services, providing customers with advanced AI capabilities. Vivek Raghunathan, vice president of AI engineering at Snowflake, highlighted Reka AI's unique capabilities, stating that "very few teams in the world have the capability to build what they’ve built" [1].
The investment comes at a time when AI startups are receiving intense interest from investors and large tech companies. Reka AI previously had discussions with Snowflake regarding a potential acquisition, but both companies decided to move independently [1].
The funding round underscores the growing interest in AI startups, with other notable deals in the sector including Perplexity's $100 million funding round that valued the company at $18 billion [2].
References:
[1] https://www.bloomberg.com/news/articles/2025-07-22/snowflake-nvidia-back-new-unicorn-reka-ai-in-110-million-deal
[2] https://www.pymnts.com/news/artificial-intelligence/2025/this-week-in-ai-ai-startups-hit-fundraising-gold/
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