---
title: "AI startup Modular raises $250 million, achieving a valuation of $1.6 billion"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/258779048.md"
description: "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)"
datetime: "2025-09-25T00:41:29.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/258779048.md)
  - [en](https://longbridge.com/en/news/258779048.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/258779048.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/258779048.md) | [繁體中文](https://longbridge.com/zh-HK/news/258779048.md)


# 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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