Image via Newcomer (Eric Newcomer)
Last updated
Modal: Capital Raising
Modal closed $355 million Series C funding co-led by Redpoint and General Catalyst for inference and AI agent infrastructure
Source: Newcomer (Eric Newcomer)
The leadership read
Fresh capital usually broadens the sector leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.
“We just didn't think it would be that big of a deal.”
“I first met Eric, who's the CEO, through an investor. Back then Eric was already thinking about building, a new runtime, and he got there thinking through why are workflow orchestration products so hard to use. It's because you have to run them on Kubernetes. Kubernetes is hard to manage. It's not built for burstiness and, custom images”
Market context: Against a Talent Market Index of 105.8 (Hot) (down 2.4 month-on-month), Americas is at rising (+2.4pts) on signal share.
Modal: 2 signals in the last 90 days; 0.1% of MitchelLake's Americas signal flow; 2 tracked across 40 days.
MitchelLake in this thematic
Also at Modal →
More signals across Americas
Capital Raising · Americas
World →World, Sam Altman's biometric identity startup, raised $52.5M through a crypto token sale. The company is building digital identity infrastructure based on iris/eye scanning.
Capital Raising · Americas
Hyphen →Hyphen, a creator talent management firm launched April 2026, raised a majority-stake investment from Reign Maker Group. Hyphen operates a profit-sharing program (HyphenShare) that gives creators and managers financial stake in the agency.
Capital Raising · Americas
Numeral →Numeral closed $100M Series C funding round in June 2026, bringing total equity raised to $157.5M. San Francisco-based fintech/tax automation platform backed by major VCs including Salesforce Ventures, Insight Partners, Benchmark.
Capital Raising · Americas
Taktile →Fintech software company Taktile secured US$110 million (EUR 96M) Series C in June 2026 for AI solutions expansion and global geographic expansion across US, EMEA, and LatAm regions.
Capital Raising · Americas
Ionic Digital →Cloud infrastructure company Ionic Digital announced Nasdaq direct listing set for July 28, 2026, with potential valuation of $2 billion
Capital Raising · Americas
Velocity →Raised $38M Series A from Dragonfly and FirstMark for fintech platform connecting banks and blockchains for capital management
Intelligence powered by Autonodal ↗
Nearby in the record