Developing story · 2 episodes · 24 Sept to 28 Sept
Modal Labs Secures Record Funding
Modal Labs has been in advanced funding negotiations with Baseten, aiming for a valuation near $15 billion. The saga concludes with Modal Labs closing a $750 million round at a $15.75 billion valuation.
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Modal Labs closes in on $750M round at $15.75B valuation
Modal Labs, an AI inference provider, is nearing a $750 million funding round led by Accel at a $15.75 billion valuation, according to an unnamed source. The deal would more than triple its previous…
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Modal Labs and Baseten in funding talks at roughly $15 billion and $26 billion valuations
Bloomberg reports that two AI‑infrastructure startups are reportedly in funding discussions that would lift their valuations dramatically. Modal Labs, which offers a cloud platform for building and…
1 source
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