Letta, an innovative generative AI startup spun out of UC Berkeley’s AI research lab, has announced its emergence from stealth with a $10 million seed funding round led by Felicis. The startup aims to revolutionize AI technology by focusing on advanced memory systems, unlocking a new frontier in AI capabilities.
- Funding Overview: Letta secured $10M in seed financing led by Felicis, with contributions from Sunflower Capital, Essence VC, and notable angel investors.
- Founders & Team: Co-founders Charles Packer and Sarah Wooders met at UC Berkeley, with professors Joseph Gonzalez and Ion Stoica as advisors.
- Innovative Products: The startup is creating Letta Cloud for building and deploying stateful AI agents via REST APIs.
- Agent Development Environment: Letta Cloud features an “Agent Development Environment” (ADE) for real-time editing of prompts and memory.
- Vision for the Future: Letta aims to enhance AI agent functionality through effective memory management.
Letta aims to transform the AI landscape by equipping developers to create memory-driven AI agents, unlocking new technological possibilities.
