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Modal raises USD 87 million Series B at USD 1.1 billion post-money valuation

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On 2025/9/29, Modal co-founders Erik Bernhardsson and Akshat Bubna published a Series B announcement whose headline disclosed USD 87 million in funding led by Lux Capital, at a USD 1.1 billion post-money valuation, bringing total funding to USD 111 million. Modal provides cloud computing infrastructure for AI workloads.

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  1. modal.com ↗Published Sep 29, 2025
Original source text

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2025年9月29日,Modal联合创始人Erik Bernhardsson和Akshat Bubna发布B轮公告,标题披露融资8700万美元,由Lux Capital领投,投后估值11亿美元,累计融资1.11亿美元。Modal提供面向AI工作负载的云计算基础设施。