AI startup Modular raises $250 million, achieving a valuation of $1.6 billion
Artificial intelligence startup Modular announced on September 24 local time that it has raised $250 million in a new round of financing, reaching a valuation of $1.6 billion. This round of financing was led by US Innovative Technology fund, with DFJ Growth participating, and all existing investors were involved. Since its establishment in 2022, Modular has raised a total of $380 million through three rounds of financing. (Jiemian)
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