As of Sep 28, Modal Labs neared a $750 million round led by Accel at a $1.5 billion valuation, per TechCrunch.
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- Reported by TechCrunch
Modal Labs nears a $750 million round led by Accel at a $15.75 billion valuation, per TechCrunch
Not confirmed by the company — reported on Sep 28, 2026 (source: techcrunch.com).
TechCrunch, citing a source with knowledge of the funding, reports that AI inference provider Modal Labs is nearing a $750 million round led by Accel at a $15.75 billion valuation that includes the investment. That would more than triple the $4.65 billion valuation Modal reached with its $355 million round four months ago. Modal Labs declined to comment.
Source: TechCrunch
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