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

The short version

Wabi, now valued at $1.25 billion, raised $55 million to evolve into a personal AI agent for building mini apps.

Key takeaways

• Wabi pivoted from app creation to AI messaging.
• The startup aims to create personalized mini apps.
• Notable investors include Andreessen Horowitz and Amazon Alexa Fund.

Overall sentiment

The funding news reflects strong investor confidence in Wabi's new direction.

AI classification of the article’s tone. Coverage is based on the article text, which discusses Wabi's valuation and fundraising developments.

Sources cited by the article

• said ↗
• announced ↗
• at a $10 billion valuation ↗
• just raised $30 million ↗
• AI ↗
• Apps ↗
• Wabi ↗
• [email protected] ↗
• View Bio ↗
• VCs will make billions on Anthropic’s IPO, but Amazon is set to make much (much) more ↗
• Aisha Malik ↗
• The AI graveyard: a running list of projects and startups that didn’t make it ↗
• Warhound raises $200M to engineer war dogs and arm them with Anduril gear ↗
• Dominic-Madori Davis ↗

These references were linked or listed by the publisher, then selected for relevance. They are distinct from our original-source citation.