Modular

Raised $250M in a Series C round, announced 24 September 2025.

Total raised: $250M

Latest round Series CCountry United StatesSector AI

Round

$250MSeries C, 24 September 2025

Funds scale the Modular Platform across cloud and edge hardware.

Amount: $250M
Stage: Series C
Announced: 24 September 2025
Lead: Thomas Tull's US Innovative Technology Fund
Other investors: DFJ Growth, GV, General Catalyst, Greylock Ventures
Use of funds: Funds scale the Modular Platform across cloud and edge hardware.
Checked: Announced by the company
Sources: AI startup Modular raises $250 million, seeks to challenge Nvidia dominance - Reuters modular.com
AI startup Modular raises $250 million, seeks to challenge Nvidia dominance - Reuters Reuters

Company

Unified software stack to run AI models across different chips and clouds

Based in: Palo Alto, United States
Sector: AI
Website: modular.com ↗

Questions

How much has Modular raised?

Modular raised $250M in a Series C round, announced on 24 September 2025.

Who invested in Modular?

Thomas Tull's US Innovative Technology Fund led. Investors include Thomas Tull's US Innovative Technology Fund, DFJ Growth, GV, General Catalyst and Greylock Ventures.