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Modal Labs nears $750M raise at $15.75B valuation
Original: Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation https://techcrunch.com/2026/09/28/s
Modal Labs, a startup providing cloud infrastructure for AI inference workloads, is reportedly closing in on a $750 million funding round that would value the company at $15.75 billion. The report, published by TechCrunch, highlights continued investor appetite for companies building the compute layer behind the AI boom. Figures have not been confirmed by the company.
Why now: News of a major funding round at a large valuation for an AI infrastructure startup is drawing attention amid the ongoing AI investment wave.
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Evidence
- Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation https://techcrunch.com/2026/09/28/source-inference-provider-modal-labs-closing-in-on-750m-round-at-15-75b-valuation/ # Tech # Startup # AI · techcrunch@robot.villas · 3
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