Featherless AI raises $20M
Featherless AI announced a Series A round of $20M on 30 April 2026. The company operates in Developer Tools and is based in Singapore. It was founded by Eugene Cheah, Co-founder & CEO.
Founder
Eugene Cheah
Co-founder & CEO, Featherless AI
Outreach angles
- -Eugene Cheah is a repeat founder with prior exits and helped create the open-source RWKV architecture before launching Featherless AI.
- -He has built a serverless platform that hot-swaps 30,000+ open models in under five seconds across language, vision, and audio.
- -The $20M Series A co-led by AMD Ventures and Airbus Ventures funds global infrastructure and a marketplace for specialised open-source models.
Signals
Series AAI-NativeDev ToolsOpen SourceAPI-FirstB2B
Round details
Company: Featherless AI
Domain: featherless.ai
Amount: $20M
Stage: Series A
Industry: Developer Tools
Country: Singapore
Announced: 30 April 2026
Other Developer Tools raises
Recently funded in Singapore