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Modal Labs nearing $750 million raise at $15.75 billion 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 AI inference infrastructure, is reportedly closing in on a $750 million funding round that would value the company at $15.75 billion, according to TechCrunch. The deal would mark a major milestone for the inference provider as demand for running AI models at scale keeps climbing. Details on investors and timing have not yet been confirmed by the company.
Why now: News of a large funding round at a huge valuation for a key AI infrastructure startup is drawing attention in the startup and AI communities.
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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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