Hugging Face
Hugging Face, founded in 2016 in Paris, France and New York, USA.
Position in SVTR
Snapshot 2026-11-04- Startup SignalsTop 5%↓3
- Dev Platforms#3of 25↓1
- Open Source#10of 57–
About
Hugging Face, founded in 2016 in Paris, France and New York, USA. It currently ranks as the fifth most valuable generative AI unicorn.
Full tier & rationale — an SVTR Intelligence benefit
Timeline
- 2026-09-02M&AAcquired by NVIDIA (announced, pending close)
Public events aggregated from this page; rating changes are member-only.
Capital graph
Company· 12
Investor· 10
Founders / team· 4
Funding history
- 2023-08New funding round$235M
Investors · Intel Capital, Amazon, AMD Ventures, Sound Ventures, Google, Salesforce, IBM Ventures, Qualcomm, NVIDIASource · SVTR Weekly #016 ↗
- 2022-05-09Series C$100M
Investors · DFJ Growth, Sound Ventures, DFJ, GVSource · SVTR Weekly #010 ↗
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Hugging Face
Open-source model/dataset/application hosting and collaboration platform for AI developers worldwide (Model Hub + open-source libraries such as Transf…
Undisclosed · $335M · 2023-08
$335M
United States
BusinessLatest roundTotal raisedDate- The AI Alliance
Launches and funds open-source AI projects (models, datasets, evaluation/safety benchmarks…
— - LiveKit
Developer platform for real-time voice/video interaction with "physical AI agents"
Series C · $190M · 2026-01 · Valuation $1.0B
$190MValuation $1.0B - Arcee AI
Open-weight foundation models (Trinity series) and private on-premises enterprise deployment
Series B · $174M · 2026-09 · Valuation $1.0B pre-money
$174MValuation $1.0B pre-money
China
BusinessLatest roundTotal raisedDate- OpenCSG
Open-source LLM community and enterprise AI platform: open-source model/dataset hosting, AgenticOps agent building…
Series A · $5M · 2026-09
$5M - Infinigence AI
Heterogeneous compute cloud platform Infini-AI, plus large model training/inference optimization and Agentic Infra…
Series C · $597M · 2026-10
$597M - TokenRhythm
TokenRhythm, a multi-model aggregation API platform (intelligent routing and scheduling layer between large models and applications…
Angel · 2026-08
—
Europe
BusinessLatest roundTotal raisedDate- Restate
Open-source durable execution runtime for AI agents and backend workflows
Series A · $27M · 2026-09
$27M - Flower Labs
Open-source federated learning framework Flower…
Series A · $24M · 2024-02
$24M - Jentic
AI agents that autonomously integrate with online systems to automate API connections, data extraction and business and developer workflows
Seed · $4M · 2025-01
$4M
Other / unspecified
BusinessLatest roundTotal raisedDate- LibreChat
Open-source, self-hostable multi-model AI chat and agent platform.
— - CentML
Tools that lower the cost and improve the performance of deploying machine learning models
Seed · $27M · 2023-10
$27M - Agency
AI agent building, monitoring and auditing (the company behind the open-source tool AgentOps)
Pre-Seed · $3M · 2024-08
$3M
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
AI investments
| Minerva Humanoids | Pre-Seed | $10M | 2026-10 |
| Physical Superintelligence | Seed | $58M | 2026-09 |
M&A deals
- 2026-09TargetPending closeNVIDIAAcquisition