AI cloud startup Modal raises $750M at $15.75B valuation

SiliconANGLEOctober 14, 2026en

Modal Labs Inc., a provider of artificial intelligence infrastructure, today announced that it has raised $750 million in late-stage funding. Accel led the Series D round. It was joined by Kleiner Perkins and a half-dozen existing Modal investors. The company is now valued at $15.75 billion, more than triple what it was worth after its […] The post AI cloud startup Modal raises $750M at $15.75B valuation appeared first on SiliconANGLE .

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