Why AI agent startup /dev/agents commanded a massive $56M seed round at a $500M valuation

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TechCrunch 6d ago

Why AI agent startup /dev/agents commanded a massive $56M seed round at a $500M valuation - TechCrunch

Quick Summary:

In addition to Singleton, /dev/agents was co-founded by Hugo Barra (CPO), who was previously VP of Android’s product management at Google and led Meta’s Oculus VR division.

And although a number of companies are developing different parts of the AI agent framework, /dev/agents’ backers believe that a new, third-party operating system could be the key to unlocking their full potential.

A number of prominent tech leaders, including OpenAI co-founder Andrej Karpathy, Scale AI CEO Alexander Wang, Palo Alto Networks CEO Nikesh Arora, and Android founder Andy Rubin also participated in the round.