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Mem0 raises $24M from YC, Peak XV and Basis Set to build the memory layer for AI apps

TechCrunchTechCrunch · 3m ago
Mem0 raises $24M from YC, Peak XV and Basis Set to build the memory layer for AI apps
Medial

Smallest.ai, a voice AI startup founded in 2024 by ex-Bosch engineers Sudarshan Kamath and Akshat Mandloi, has raised $8M seed funding led by Sierra Ventures with 3one4 Capital and Better Capital. The company builds ultra-fast, compact text-to-speech models for contact centers and enterprise use. Its flagship Lightning model generates 10 seconds of speech in 100 milliseconds, while the new Electron v2 (4B parameters) delivers low-latency responses (53ms TTFT) with output quality rivaling much larger models. Smallest.ai enables voice cloning from as little as 15 seconds of audio, offers industry-specific customization, and supports on-prem deployment for security-sensitive sectors. The funding will fuel expansion into retail, healthcare, and technology markets.

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Mem0 raises $24 Mn in Series A round

EntrackrEntrackr · 3m ago
Mem0 raises $24 Mn in Series A round
Medial

Mem0 raises $24 Mn in Series A round Mem0, a memory infrastructure platform for AI agents, has raised $24 million in its Series A round led by Basis Set Ventures, with participation from Peak XV Partners, Kindred Ventures, GitHub Fund, and Y Combinator. Strategic investors in the round include executives from Datadog, Supabase, PostHog, GitHub, and Weights & Biases. The proceeds will be used to expand engineering, support enterprise deployments, and form new partnerships with AI platforms and tooling ecosystems. Developers can access Mem0 through its API and open-source repository at www.mem0.ai. Founded in 2023 by Taranjeet Singh and Deshraj Yadav, Mem0 provides a production-ready memory layer that developers can integrate with a few lines of code. The system extracts and stores information from user interactions, resolves conflicting facts, applies confidence scoring, and retrieves relevant context. The platform is used to enable personalization and continuity in AI agent workflows. The firm reports 41,000 GitHub stars, 14 million Python package downloads, and an increase in API calls from 35 million in Q1 to 186 million in Q3 2025. According to the company, thousands of teams across startups and large enterprises use Mem0 in production. Frameworks including CrewAI, Flowise, and Langflow have integrated Mem0, and AWS has selected Mem0 as the memory provider for its Agent SDK. Developers use Mem0 to add persistent memory to large language model applications without building custom pipelines. The company positions itself as a core component of AI agent architecture, similar to authentication or databases.

The Prompting Company snags $6.5M to help products get mentioned in ChatGPT and other AI apps

TechCrunchTechCrunch · 3m ago
The Prompting Company snags $6.5M to help products get mentioned in ChatGPT and other AI apps
Medial

The Prompting Company, a YC-backed startup, raised $6.5M seed funding from Peak XV Partners, Base10, Y Combinator, and others to help brands get mentioned in ChatGPT and AI apps through Generative Engine Optimization (GEO) — the AI-era version of SEO. Founded by Kevin Chandra, Michelle Marcelline, and Albert Purnama, the startup helps companies create AI-facing web pages optimized for LLMs rather than humans. Clients include Rippling, Rho, Motion, and a Fortune 10 company. With AI agents driving traffic and even purchases, The Prompting Company positions itself as the infrastructure for product discovery in AI interfaces, hosting over 500K pages and driving millions of monthly visits, as AI becomes the new distribution channel.

Peak XV closes $1.3 Bn fund for India and APAC

EntrackrEntrackr · 9h ago
Peak XV closes $1.3 Bn fund for India and APAC
Medial

Peak XV Partners on Friday announced the closing of $1.3 billion in fresh capital commitments across its India Seed, India Venture, and Asia Pacific funds. This is the firm’s first fundraise since its separation from Sequoia Capital. In a post on X, Peak XV Partners said the new capital, along with uninvested capital from its existing growth fund, will strengthen its ability to back founders building category-defining companies across multiple stages. The firm said it continues to focus on supporting outlier founders, a strategy it has followed for over two decades. The announcement comes as Peak XV sees increasing opportunities driven by artificial intelligence across India and the broader Asia Pacific region. The firm said that while early AI breakthroughs were concentrated in Silicon Valley, the opportunity set has expanded, supported by improving market depth, talent quality, and global ambition among startups in the region. In an interview with ET, Peak XV Partners managing director Shailendra Singh said the firm will continue to invest across seed, venture, and growth stages, writing cheques ranging from single-digit million dollars to $100 million, while sharpening its cross-border strategy to build an India-APAC corridor. The latest fundraise follows Peak XV’s 2022 announcement of $2.85 billion in growth and venture capital commitments for India and Southeast Asia, with $2 billion allocated to India. The firm later reduced the fund size by 16 percent in 2024, citing elevated public market valuations in India. The fundraise also comes at a time when several Peak XV portfolio companies are seeing public market momentum. Meesho, Groww, and Pine Labs have listed, while Zetwerk, Curefoods, and Infra.Market are preparing for initial public offerings. Since its split from Sequoia Capital, Peak XV has backed startups including Scapia, RapidCanvas, Sarvagram, Atlys, Mokobara, Stable Money, GoodScore, and Sarvam AI.

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