| Founded | 2016 |
|---|---|
| Closed | 2023 |
| Country | Germany |
| Sector | Ai |
| Collapse type | Mass Layoff Spiral |
| Founder | Alan Nichol, Alexander Weidauer |
Rasa Technologies
"25 million developers used the code; almost none paid for it — $70M burned slowly."
Cascading layoffs that accelerated the decline
Key Events Timeline
Berlin-founded Rasa Technologies raised $70M led by Andreessen Horowitz for its open-source conversational AI framework used by 25 million developers.
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