Position in SVTR
Snapshot 2026-11-04- Startup SignalsTop 5%↓4
- Compute#8of 218↓1
- Inference#6of 64↓1
- Cloud#6of 43↓1
- GPU#4of 42–
About
Modal Labs, founded in 2021 in New York, provides cloud-based infrastructure for developers and data teams building generative AI applications.
Technology & BusinessWhat · How · Which stage
Stack LayerCloud & Cluster ServicesHighEvidence
为生成式 AI 开发者提供基于云的基础设施
Source：Official site · Updated 2026-09-10 · View source
DeploymentCloud / Data CenterHighEvidence
为生成式 AI 开发者提供基于云的基础设施
Source：Official site · Updated 2026-09-10 · View source
Full tier & rationale — an SVTR Intelligence benefit
Capital graph
Company· 12
Investor· 9
Founders / team· 2
Funding history
- 2026-10-14Series D$750M
Investors · Accel, Kleiner Perkins, Menlo Ventures, General Catalyst, Redpoint Ventures, Lux Capital, Amplify Partners, Bain Capital VenturesSource · accel.com ↗
- 2026-05Series C$355M
Investors · General Catalyst, Menlo Ventures, Redpoint Ventures, AccelSource · SVTR Weekly #158 ↗
- 2025-10Series B$87M
Investors · Lux CapitalSource · SVTR Weekly #125 ↗
- 2023-10New funding round$16M
Investors · Amplify Partners, Definition Capital, Lux Capital, Redpoint VenturesSource · SVTR Weekly #023 ↗
Comparable companies· by market
This company
BusinessLatest roundTotal raisedDate- Modal
Serverless cloud computing infrastructure providing on-demand GPUs/CPUs for AI teams.
Series D+ · $1.2B · 2026-10
$1.2B
United States
BusinessLatest roundTotal raisedDate- Cerebras Systems
Wafer-scale AI chips and supercomputers, and AI training/inference cloud services based on its own hardware.
Series D+ · $2.9B · 2026-02 · Valuation $23B
$2.9BValuation $23B - Lambda
AI GPU cloud infrastructure (neocloud)
Series D+ · $2.9B · 2025-11 · Valuation $2.5B
$2.9BValuation $2.5B - Fluidstack
GPU cloud and AI compute infrastructure (neocloud), also building and operating data centers
Undisclosed · $2.6B · 2026-09 · Valuation $18B
$2.6BValuation $18B
China
BusinessLatest roundTotal raisedDate- 行云集成
GPGPU chips for large model inference, with in-house cores matching the CUDA programming experience, aimed at lowering inference compute costs
Undisclosed · 2026-09
— - Denglin Technology
GPGPU chip R&D, design and sales (KS series for cloud inference, Goldwasser series, edge inference products)
IPO · 2026-10
— - COMGIGI
Elastic compute platform offering GPU inference, batch processing and LLM cloud services to AI developers
$5M · 2026-11
$5M
Europe
BusinessLatest roundTotal raisedDate- Verda
Cloud infrastructure for AI workloads
Series B · $450M · 2026-09 · Valuation $1.0B
$450MValuation $1.0B - Nscale
Full-stack AI cloud platform: GPU cloud compute, AI training/inference infrastructure and integrated data center plus power services
Debt / Convertible · $3.7B · 2026-09 · Valuation $15B
$3.7BValuation $15B - NetMind.AI
Unified multi-model API and distributed GPU compute services (training/inference), plus AI agent and enterprise automation products
$700K
$700K
Other / unspecified
BusinessLatest roundTotal raisedDate- Rebellions
Designs the AI inference chip Rebel100 along with companion servers and full racks, for telecom operators and data centers to run agent inference
Pre-IPO · $898M · 2026-03 · Valuation $2.3B
$898MValuation $2.3B - Tenstorrent
Develops processors and software that enhance AI and machine learning capabilities
Series D+ · $2.3B · 2026-10 · Valuation $6.2B
$2.3BValuation $6.2B - Sunrise
Formerly SenseTime's large chip division; focuses on developing and commercializing AI inference GPUs and inference chips for multimodal use cases
Undisclosed · $582M · 2026-04 · Valuation $1.5B
$582MValuation $1.5B
Confirmed rounds only. Matched on subsector, sector, stage and funding scale — each verifiable on the company profiles.
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Request intro →Intel Capital
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Request intro →Valor Equity Partners
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Request intro →Ranked by each firm’s deals in this sector over the last 24 months, weighted by nearby stage and shared geography. Indicative only — no rating judgment.