Who is betting on what in AI, and against whom.
Open-weight frontier models for coding agents.
Founded by two ex-DeepMind researchers, Reflection raised $2B at $8B in October 2025 to be an American open-weight frontier lab, with Nvidia as its largest backer. Its models are aimed at coding agents.
| Amount | Kind | Valuation | Date | Investors | Source |
|---|---|---|---|---|---|
| $2B | funding round | $8B post-money | Oct 2025 | Nvidia, Lightspeed, Sequoia, Eric Schmidt | TechCrunch |