📝 Mem0 raises $20M

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Serial entrepreneur Taranjeet Singh has secured a $20 million Series A led by Basis Set Ventures for his seventh and potentially defining venture, Mem0 (pronounced 'mem zero'), an open-source "memory passport" designed to solve the critical problem of large language models forgetting past interactions. Having quickly established itself as the most widely adopted memory framework for AI developers, the four-person, Y Combinator-backed startup is selling a neutral, portable solution to a significant industry gap, as big labs like OpenAI monetize memory systems, and has seen exponential adoption, evidenced by 41,000+ GitHub stars, over 13 million Python downloads, and a surge in API calls from 35 million in Q1 2025 to 186 million in Q3, positioning Mem0 as a foundational layer in the rapidly evolving AI infrastructure market.

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