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Ex-Spotify Engineers Raise $10M to Bring Real-Time AI Recommendations to E-Commerce

Malachyte, founded by ex-Spotify engineers Sidd Motwani, Ian Anderson and Shivaditya Sinha, raised $10M to bring real-time e-commerce recommendations using Vector AI—the system powering ~90% of Spotify recommendations for 800M users. Announced Aug 2026, the round was co-led by Bessemer Venture Partners and Gradient, with Harpoon Ventures participating, as “two-headed Vector AI” updates recommendations from in-session hovers, scrolls, searches and add-to-cart.

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