08:55 AM EDT, 07/22/2025 (MT Newswires) -- Nvidia ( NVDA ) and Snowflake (SNOW) were among the investors that backed artificial intelligence company Reka's $110 million funding round, Reka said Tuesday.

Reka said the investment will accelerate its technical development efforts and will also scale its multimodal platforms.

The investment boosts the startup's valuation to more than $1 billion from the previous $300 million in a 2023 funding round, Bloomberg reported Tuesday.