Mem0, a leading memory-infrastructure platform for AI agents, announced the successful completion of a USD 24 million funding round, composed of its Seed and Series A financing. The Seed round was led by Kindred Ventures, and the Series A round by Basis Set Ventures, with additional participation from Peak XV Partners, GitHub Fund, and Y Combinator. Strategic angel investors included Scott Belsky, Dharmesh Shah, and infrastructure-industry leaders such as Olivier Pomel (Datadog), Paul Copplestone (Supabase), James Hawkins (PostHog), Thomas Dohmke (ex-GitHub), and Lukas Biewald (Weights & Biases).
Addressing AI’s Memory Challenge
Modern artificial-intelligence systems can generate sophisticated software, analyze complex documentation and solve unusual problems but they still largely lack persistent memory. They cannot readily carry context, preferences or history across sessions. Many interactions continue to restart from first principles.
The company believes this “digital amnesia” represents a critical bottleneck for the agentic future of AI.
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The Solution: Mem0’s Memory Layer
Mem0 offers production-ready memory infrastructure that any developer can integrate into their applications. The system supports long-term context retention, conflict resolution, decay and confidence weighting of memories, and retrieval of highly relevant user context all delivered via a simple API.
Since launch, Mem0 has earned over 41,000 GitHub stars and 14 million Python-package downloads, with API calls jumping from 35 million in Q1 to 186 million in Q3 of 2025.
Thousands of teams from emerging startups to Fortune 500 companies rely on Mem0 in production. Integration with major agent-frameworks such as CrewAI, Flowise and Langflow is already live. Additionally, Amazon Web Services selected Mem0 as the exclusive memory provider for its Agent SDK.
Strategic Use of Funding
With this financing, Mem0 will expand its engineering team, fortify infrastructure scalability, deepen enterprise-grade features and accelerate partnerships across the AI stack. The company is committed to making memory as accessible and reliable for intelligent agents as databases or authentication systems.
Source: Mem0