{
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  "path": "/260521/p37#a260521p37",
  "publishedAt": "2026-05-21T19:05:02.000Z",
  "site": "https://www.techmeme.com",
  "tags": [
    "Reuters",
    "Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025"
  ],
  "textContent": "Deepa Seetharaman / Reuters:\n**Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025** — AI startup Modal raised $355 million in a new round of financing, valuing the company at $4.65 billion, CEO Erik Bernhardsson told Reuters.",
  "title": "Modal Labs, which offers a serverless cloud platform to build AI apps and run AI inference, raised a $355M Series C at a $4.65B valuation, up from $1.1B in 2025 (Deepa Seetharaman/Reuters)"
}