Modal Labs raises $355.0M Series C (United States, May 2026)
$355.0M
$355M Series CGenerated social card
Headline
Modal Raises $355M as AI Infrastructure Demand Surges - Ventureburn
About
Modal Labs is a startup focused on AI infrastructure, providing low-latency serverless GPU container execution for AI inference and secure execution environments for AI-generated code. The company has experienced rapid growth, with its annualized revenue increasing fivefold in less than a year, driven by a surge in demand for AI-assisted coding tools.
Article summary
Modal Raises $355M as AI Infrastructure Demand Surges Ventureburn
Founder
Erik Bernhardsson
CEO
Investors · 5
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