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Modal Labs
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- 1Modal Labs nearing $750M raise at $15.75B valuation●Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation https://techcrunch.com/2026/09/28/s
Modal Labs, an AI inference provider, is reportedly closing in on a $750 million funding round at a $15.75 billion valuation, according to TechCrunch. The size of the round underscores surging investor interest in the infrastructure layer powering AI workloads, with the company's valuation climbing sharply as demand for inference compute accelerates across the industry.
- 2Modal Labs nearing $750 million raise at $15.75 billion valuation▼Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation
Inference provider Modal Labs is reportedly close to raising a $750 million funding round at a $15.75 billion valuation, according to a TechCrunch report. The deal would mark a major milestone for the AI infrastructure startup, which helps companies run machine learning inference workloads in the cloud. The report did not name investors, and the company has not officially confirmed the round.