AI infrastructure startup Modal Labs is nearing the close of a $750 million funding round that would value the company at $15.75 billion, according to a Techub News item citing TechCrunch. The reported valuation would put the company at more than triple its level from four months ago. The update points to a sharp jump in Modal Labs’ pricing over a relatively short period, though no additional details on investors or deal timing were disclosed in the source material. The item was published under the technology category and presents the fundraising as close to completion rather than finalized.
AI infrastructure startup Modal Labs is nearing completion of a $750 million funding round at a $15.75 billion valuation, according to Techub News, which cited TechCrunch.
The reported round would value the company at more than triple its level from four months ago.
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