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Fundraising

Modal Labs

Modal Labs Raises $87M Series B | Cloud Infrastructure for AI

New York, NYJanuary 9, 20261 min read
Total Raised
$87M
Latest Round
Series B
Employees
50+

Modal Labs Closes $87M Series B

Modal Labs, providing serverless cloud infrastructure for AI and data applications, has raised $87 million in Series B funding.

Key Highlights

  • Serverless GPU compute platform
  • Growing AI infrastructure demand
  • Developer-focused cloud platform

Company Overview

Modal Labs offers a serverless platform for running code in the cloud with a focus on GPU workloads, making it easy for developers to deploy and scale AI applications without managing infrastructure.

Company Info

Headquarters
New York, NY
Founded
2021
Team Size
50+
Last Round
$87M(Jan 2026)

Investors (2)

R
Redpoint VenturesLead
Lead Investor
Technology venture capital
a
a16z
Investor
Andreessen Horowitz

Topics

Series B(306)Developer Tools(292)Cloud InfrastructureAIGPU

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