Developing story · 2 episodes · 1 Oct to 14 Oct
AI Infrastructure Giants Secure Record Funding
Leading AI infrastructure companies are securing massive funding rounds to accelerate development and deployment. The sector's financial momentum continues with Modal recently closing a $750 million Series D at a $15.75 billion valuation.
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Modal raises $750 million Series D at $15.75 billion valuation
AI infrastructure startup Modal announced a $750 million Series D financing round. The round was led by venture firm Accel, according to the filing. The investment values Modal at $15.75 billion on…
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Armadin raised $255.5M Series B led by a16z and Accel at a $2.5B valuation
Armadin, founded by Mandiant founder Kevin Mandia to build AI cybersecurity agents, announced on Thursday that it raised $255.5 million in a Series B funding round. The round was led by a16z and…
2 sources
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