StartupsLatent Spaceabout 1 hour ago
Modal Raises $750M Series D at $16B Valuation
18 min read
Modal CEO Erik Bernhardsson confirms the company raised a $750 million Series D funding round at a $16 billion valuation. This capital follows a previous $5 billion Series C and marks a period of rapid growth where the firm crossed $1 billion in annualized run rate.
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