kapynFunding & M&A

General Catalyst leads $1.1B round into 2-month-old River AI

River AI raises a massive $1.1 billion seed round led by General Catalyst. Founded just two months ago by xAI co-founder Igor Babuschkin, the young startup is building next-generation personal AI agents. This colossal early-stage funding highlights the intense investor appetite for foundational agentic AI talent and infrastructure.

TechCrunch AI·Aug 11, 2026

Opening Kapyn…