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Reka AIMultimodal frontier-AI lab; ex-DeepMind / Google Brain founders; now a $1B unicorn backed by NVIDIA and Snowflake
Valuation (Jul 2025)
$1B
roughly tripled in the $110M NVIDIA + Snowflake round
Capital Raised
~$168M
Modest relative to peers (Mistral $11.7B, Cohere $7B, Anthropic $965B)
Founder Pedigree
Ex-DeepMind + Google Brain
Yi Tay (ex-Google Brain), Dani Yogatama, Qi Liu (both ex-DeepMind); high researcher density
Sovereign-AI Positioning
Indonesia + Singapore anchors
Reka Yasa Indonesian-language model + Singapore EDBI backing; Asia-Pacific enterprise / sovereign focus
Total raised: ~$168M · Latest valuation: $1B
| Round | Date | Amount | Valuation | Key Investors |
|---|---|---|---|---|
| Seed | 2022 | $58M | - | DST Global (lead)Radical VenturesSnowflake VenturesSingapore EDBI |
| Series B | Jul 2025 | $110M | $1B | NVIDIASnowflake VenturesDST Global |
| Product | Type | Status |
|---|---|---|
| Reka Core | Frontier multimodal model (text + image + video) | GA via API |
| Reka Flash | Medium-tier multimodal model (production cost-performance) | GA via API |
| Reka Edge | Small multimodal model for on-device + edge inference | GA |
| Reka Yasa | Indonesian-language sovereign-AI model | Deployed (sovereign customer) |
Co-led the Jul 2025 $110M round at a $1B valuation.
Snowflake Ventures was seed investor and co-led the Jul 2025 round; an earlier $1B acquisition attempt (Jul 2024) fell through.
Acquired May 2026 to expand generative-media capabilities.
Singapore Economic Development Board investment arm; seeding regional Reka deployment.
Reka Yasa development collaboration; Indonesian-language sovereign-AI deployment.
Yuri Milner's growth fund; seed lead investor and Jul 2025 participant.
Yi Tay (ex-Google Brain), Dani Yogatama (ex-DeepMind), Qi Liu (ex-DeepMind), Che Zheng launch Reka
First model releases; small + medium multimodal models with text, image, video understanding
Frontier-tier multimodal model; competitive with Gemini Pro on key benchmarks at the time
Reported $1B all-cash acquisition offer from Snowflake collapses; both companies remain independent
Sovereign-AI model collaboration; Indonesian-language frontier model with local government engagement
NVIDIA and Snowflake lead a $110M round that roughly triples the valuation to $1B
Reka acquires Moonvalley AI, expanding its generative-media capabilities
Multimodal frontier lab founded 2022 by ex-DeepMind, Meta, and Google researchers. Builder of the Reka Core, Flash, and Edge family. Snowflake acquired a minority stake plus a strategic partnership in 2024. Smaller scale than top-tier labs; positioned on multimodal and on-prem deployment. Reka AI was founded in 2022, is headquartered in San Francisco, CA and employs ~50 (estimated).
Reka AI has raised ~$168M in total at a $1B valuation, based on the funding rounds Sterling tracks.
Sterling groups Reka AI in the AI Software sector, alongside OpenAI (private), Anthropic (private), SpaceXAI (private), Mistral AI (private), DeepSeek (private) and Cohere (private).
If you are researching Reka AI, also look at Alibaba (Qwen), Tencent (Hunyuan) and Baidu (Ernie). You can compare all of them side by side or browse the full AI Software sector on Sterling.
