Wabi, the AI agent that builds mini apps, now valued at $1.25B after latest round

Wabi, a startup founded by Eugenia Kuyda (who previously founded Replika), has raised $55 million at a $1.25 billion valuation. Originally focused on letting users build apps via prompts, Wabi recently pivoted to become a personal AI agent that can build interfaces and mini apps for tasks like meal planning, fitness plans, and games. The funding round was led by IVP, with participation from Andreessen Horowitz, Forerunner, Amazon Alexa Fund, and angel investors including Tobi Lütke, Marc Benioff, Marissa Mayer, Dick Costolo, and Alex Pall. The investment reflects investor confidence in Wabi's agentic direction amid a hot market for AI agents.

(Source：TechCrunch)