AI code review startup CodeRabbit completes $143 million Series A financing, valuation reaches $1.5 billion

TechFlow News, August 12, according to Bloomberg, AI-driven code review service company CodeRabbit Inc. completed a new round of financing worth $143 million. This round was jointly led by Atomico and Smash Capital, with participation from BMW i Ventures and Datadog Inc., and existing shareholder Nvidia also continued its support. After this round, CodeRabbit's valuation reached $1.5 billion, with total cumulative financing exceeding $200 million. CodeRabbit focuses on providing defect identification and review services for AI-generated code. With the widespread adoption of AI programming tools, market demand for code quality assurance tools continues to grow.