Featherless.ai Raises $20M Series A Co-Led by AMD Ventures and Airbus Ventures for Open-Source AI Inference

Featherless.ai raised $20 million in Series A funding co-led by AMD Ventures and Airbus Ventures, with participation from BMW i Ventures, Kickstart Ventures, Panache Ventures, and Wavemaker Ventures. The serverless inference platform serves over 30,000 open-source models across language, vision, audio, and multimodal use cases, and is the largest LLM inference provider on Hugging Face. Founded in 2023, the team previously created RWKV, an open-source AI architecture alternative to transformers. A strategic partnership with AMD enables native execution on AMD's open-source ROCm platform. The company is building an open-source agent runtime for the next generation of AI applications powered entirely by open models.