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Source: Inference provider Modal Labs closing in on $750M round at $15.75B valuation

Modal Labs is approaching a significant $750 million funding round led by Accel, boosting its valuation to $15.75 billion. Just four months ago, the company's worth was $4.65 billion, showcasing rapid growth despite thin margins due to high...

TechCrunch· Sep 28, 2026 · 10:57 PM · 24 views

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Modal Labs is approaching a significant $750 million funding round led by Accel, boosting its valuation to $15.75 billion. Just four months ago, the company's worth was $4.65 billion, showcasing rapid growth despite thin margins due to high computing costs.

Full story and more reels: https://newsreel.video #news #breaking #ModalLabs #funding #AI #technology #investment #startups

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