Modal reports a $750 million Series D at a $16 billion valuation
The CEO says run rate passed $1 billion and sandboxes are roughly a third of revenue after nearly three billion were spun up.
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Stories tagged #series-d
[AINews] Modal’s $1B ARR, $16B Series D makes it NYC’s newest AI Infra Decacorn, 3x usage and 3x valuation in 5 months, 15x in 1 yr
Modal crossed $1 billion ARR and raised $750 million at a $15.75 billion valuation.
TechCrunch Disrupt 2026: Clay’s Kareem Amin on the rise of the GTM engineer
Clay CEO Kareem Amin will explain the GTM engineer role at Disrupt after a $7.1 billion Series D valuation.
Mistral raises €3B
Mistral raised a Samsung-led €3B Series D at a €21B+ valuation — the largest European tech equity round — to scale compute and frontier AI research.