27 Jun 202513:58
Project update

OpenSea co-founder Alex Atallah raises $40 million for AI startup OpenRouter
The Seed + Series A round was led by a16z and Menlo Ventures, with backing from Sequoia and top industry angels. OpenRouter is now valued at $500M.
OpenRouter is an AI infrastructure startup serving as a marketplace and router for LLMs. The new funding will accelerate development of its LLM aggregator platform.