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Modal Labs News
AI Infrastructure3 articles
Latest news, updates, and announcements from Modal Labs.
FundingMay 22, 2026
Modal raises $4.6B valuation in General Catalyst-led round
Modal raises $4.6B valuation in General Catalyst-led round General Catalyst has invested in Modal, an AI cloud startup, at a $4.6 billion valuation, according to reports. The funding round underscores...
FundingMay 21, 2026
Modal Labs raises $355M Series C at $4.65B valuation.
Modal Labs raises $355M Series C at $4.65B valuation. Modal Labs, which operates a serverless cloud platform tailored for building AI applications and running inference workloads, has closed a $355 mi...
FundingFeb 12, 2026
Modal Labs is reportedly raising funds at a 2.5 billion dollar valuation, more than doubling its val...
Modal Labs is reportedly raising funds at a 2.5 billion dollar valuation, more than doubling its value in just five months. With an estimated 50 million dollar ARR, this surge highlights a systemic sh...