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Airbus Ventures Invests in Featherless.ai to Democratize Access to Open Source AI Models

Airbus Ventures Invests in Featherless.ai to Democratize Access to Open Source AI Models

March 27, 2025 Craig Etkin

This $5M Seed Round will support Featherless.ai’s breakthrough innovation to optimize GPU utilization, eliminate costly downtime, and dramatically reduce operational costs, enabling Featherless.ai to offer AI inference at significantly lower costs.

MENLO PARK, Calif.–(BUSINESS WIRE)–Airbus Ventures announces its investment in Featherless.ai, the leading serverless AI inference platform. Featherless.ai’s breakthrough innovation optimizes GPU utilization, eliminates costly downtime, and dramatically reduces operational costs, enabling Featherless.ai to offer AI inference at significantly lower costs.

“AI has the power to transform industries and empower individuals around the globe. However, accessing and utilising a diverse range of models can be cost-prohibitive and logistically challenging for many users, particularly those in emerging markets, where there’s no shortage of demand for AI solutions,” remarks Eugene Cheah, Founder and CEO. “Featherless.ai is changing the game by providing a straightforward, affordable, scalable solution for using open source AI models in production.”

Featherless.ai provides instant and affordable access to the world’s largest collection of open-source AI models. With over 4,000 models – and continuously onboarding new models every week – Featherless.ai offers a flat capacity pricing model that ensures cost predictability and scalability. Through this model, businesses can dynamically scale AI usage without worrying about unexpected charges or rate limits and instead focusing energies on running experiments to develop, test, and fine-tune their models.With the latest funding, the company has plans to support all major AI modalities — including embeddings, vision, and speech.

“Our research into foundational model development revealed that while much of the AI industry has focused on scaling existing Transformer models, fundamental inefficiencies in the architecture have remained unaddressed. As most foundational models struggle to maintain performance across multiple languages, creating accessibility barriers in global markets, these structural inefficiencies have threatened to stifle competition and innovation across the broader global ecosystem,” explains Yuichiro Hikosaka, Airbus Ventures Principal, based in Tokyo. “Now enter Featherless.ai – a serverless platform that empowers users to run, test, and fine-tune the latest models seamlessly and affordably. Featherless.ai is ready and primed to address a global market.”

One of the goals for the company is advancing research into next-generation AI architectures that can dramatically lower inference costs, making AI deployment feasible on lower cost hardware rather than requiring high-end GPUs. The team is also actively involved in the research and development of the open-source RWKV foundation model project, the first AI model under the Linux Foundation, which has notably been deployed on billions of devices. This effort is also part of their broader commitment to develop better and more accessible AI models across languages, and reduce the reliance on closed-source models from major tech companies.

For more information about Featherless.ai and its mission to make open source AI accessible to all, visit https://featherless.ai.

About Featherless.ai

Featherless.ai is a serverless inference platform. Its goal is to make all AI models available for serverless inference. The company provides inference via API to a continually expanding library of open-weight models, including the most popular models for role-playing, creative writing, coding assistance, and more. Featherless.ai’s solutions enable enterprises and individuals to harness the full potential of artificial intelligence without worrying about underlying infrastructure. Featherless.ai offers scalable, secure, and easy-to-use tools that empowers businesses and individuals alike to accelerate their AI initiatives. For more information, visit www.featherless.ai.

About Airbus Ventures

Airbus Ventures operates in service of deeptech entrepreneurs who are inspired to design, build, and service complex engineering products capable of unlocking entirely new economies.

Contacts

Media Contact
Orli Herschmann
orli@airbusventures.vc

(c)2025 Business Wire, Inc., All rights reserved.


Venture Capital
Business Wire, California, Featherless.ai, Menlo Park, Venture Capital

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Kimberly-Clark Corporation, one of the world's leading manufacturers of personal care and hygiene products, will establish an $800 million advanced manufacturing facility in Trumbull County, bringing an anticipated 491 new high-quality jobs. For Kimberly-Clark, this new facility would be its first in Ohio and represents not just a strategic expansion, but a decisive step in doubling down on growth in the American market. Spread across more than one million square feet, the Warren facility will provide the manufacturing capacity needed to unleash future growth for Kimberly-Clark’s fastest-growing personal care categories that include Baby & Child Care and Adult & Feminine Care. Warren is in geographic proximity to roughly 117 million consumers and will serve as a strategic hub for the Northeast and Midwest regions. Construction is expected to begin this month and will take up to two years.

In a statement Tamera Fenske, chief supply chain officer at Kimberly-Clark said, “Our investment in Warren is a pivotal step forward in our North America business and strategy.” “By establishing a new, state-of-the-art manufacturing facility in Ohio, we’re enhancing our ability to serve millions of consumers across the Midwest and Northeast with greater speed, agility, and resilience. It’s a once-in-a-career opportunity to build a facility from the ground up that reflects the future of manufacturing, and with the support of local partners like JobsOhio, the Department of Development, Lake to River, Western Reserve Port Authority, and local governments, we have the unique opportunity to create high-quality jobs and long-term economic impact in the region.”

Based in Dallas and employing 46,000 people in 34 countries, the company’s portfolio of brands also includes Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Plenitud, Sweety, Softex, Viva and WypAll. Its products are sold in more than 175 countries and territories.
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Snorkel AI announced general availability of two new product offerings on the Snorkel AI Data Development Platform: Snorkel Evaluate and Snorkel Expert Data-as-a-Service. These launches advance its mission to turn knowledge into specialized AI—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. In addition, Snorkel AI announced it has raised $100 million in Series D funding at a $1.3 billion valuation, led by Addition. This new funding will fuel continued research and innovation in evaluating and tuning specialized AI systems with expert data.


In a statement Alex Ratner, Co-founder and CEO of Snorkel AI said, “We are seeing a surge of momentum around agentic AI, but specialized enterprise agents aren’t ready for production in most settings.” “Enterprises need domain-specific data and expertise to make this a reality. We’re excited to deliver on this need and help AI innovators develop expert data to bring their LLM and agentic systems into production with our new offerings, which round out Snorkel’s unified AI data development stack.”

Snorkel AI is building the Snorkel AI Data Development Platform for evaluating and tuning specialized AI at scale. Snorkel AI’s offerings, including Snorkel Evaluate and Snorkel Expert Data-as-a-Service, accelerate evaluation and tuning of specialized AI systems with expert data—helping teams move from prototype to production at scale by leveraging Snorkel AI’s programmatic data development technology. Launched out of the Stanford AI Lab, Snorkel AI’s platform is used in production by Fortune 500 companies, including BNY, Wayfair, and Chubb, as well as across the U.S. federal government, including the U.S. Air Force.
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TicketManager, a global leader in event ticket and guest management solutions for the corporate enterprise, today announced Valeas Capital Partners, a growth-oriented private-equity firm, has acquired a majority stake in the company. Under the terms of the agreement, Valeas is committing $110 million to support TicketManager’s strategic growth plans. TicketManager Co-Founder and CEO Tony Knopp and COO Ken Hanscom will retain a minority interest in the Company. Founded in 2007, TicketManager is the category leader in providing software and services to manage end-to-end event ticket workflow and guest experiences. Serving as the central hub and system of record for data-driven organizations, the platform streamlines every step of the ticket management process. Every year, companies spend more than $600 billion on customer entertainment, yet 43% of corporate tickets are never used and fewer than 20% of organizations leverage modern software to optimize those investments and mitigate compliance risk.

In a statement Tony Knopp, CEO and Co-Founder of TicketManager said, “Live events are an important investment for businesses of all sizes. Whether major global sponsorships, naming rights for stadiums, luxury suites or even a few season tickets for the local team, companies use them to attract and keep customers while building their brands. But in today’s market, many companies struggle with growing pressure to show the value of their ticket spending.” “We knew there was a better way, and that’s why we created TicketManager – to make company tickets easy and prove the return on investment with cutting edge technology and services.”

TicketManager is a leading event- and guest-management platform that empowers companies to make client entertainment easy and drive greater return on investment. It offers convenient and simple technology to manage corporate sports and entertainment tickets, create exceptional guest life-cycle experiences, and measure effectiveness. TicketManager is trusted by more than 500 global brands including Verizon, FedEx, Adidas, Anheuser-Busch, and Mastercard.
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