AI21 Labs is a Frontier Foundation Labs company founded in 2017 and based in Tel Aviv, Israel. It has raised $363M in total funding, most recently a Series C extension in 2023 at a $1.4B valuation.
| Date | Stage | Amount | Valuation | Lead investors |
|---|---|---|---|---|
| Nov 21, 2023 | Series C extension | $208M | $1.4B | Intel Capital, Comcast Ventures |
| Aug 30, 2023 | Series C | $155M |
| $1.4B |
| Walden Catalyst, Pitango |
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AI21's family of open foundation models built on a hybrid architecture that combines the Mamba state-space model with transformer layers and a mixture-of-experts design. The architecture targets long context windows and fast, memory-efficient inference for enterprise workloads.
An AI planning and orchestration system unveiled in 2025 that coordinates models, tools, and validation steps to deliver more reliable enterprise AI. AI21 says it improves the instruction-following accuracy of leading models on complex multi-step tasks.
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