--- title: Announcing our $87M Series B | daily.dev description: Modal raised $87M in Series B funding led by Lux Capital, reaching a $1.1B valuation. The company provides AI-native cloud infrastructure that aggregates... canonical: https://daily.dev/posts/announcing-our-87m-series-b-gbcflpr6n twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Announcing our $87M Series B | daily.dev og:description: Modal raised $87M in Series B funding led by Lux Capital, reaching a $1.1B valuation. The company provides AI-native cloud infrastructure that aggregates... og:url: https://daily.dev/posts/announcing-our-87m-series-b-gbcflpr6n og:image: https://api.daily.dev/og/posts/GbCFlPr6n.png og:image:alt: Announcing our $87M Series B og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Announcing our $87M Series B **[Modal](https://daily.dev/sources/modal_labs)** · 4 min read · 0 upvotes · 0 comments ## Summary Modal raised $87M in Series B funding led by Lux Capital, reaching a $1.1B valuation. The company provides AI-native cloud infrastructure that aggregates global GPU/CPU resources with sub-second container startup times. Their platform offers serverless compute, storage, and networking primitives designed specifically for AI workloads, serving thousands of customers including Meta for reinforcement learning research. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: --- Tags: [#machine-learning](https://daily.dev/tags/machine-learning), [#cloud](https://daily.dev/tags/cloud), [#serverless](https://daily.dev/tags/serverless), [#ai-infrastructure](https://daily.dev/tags/ai-infrastructure) [View this post on daily.dev](https://daily.dev/posts/announcing-our-87m-series-b-gbcflpr6n) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Announcing our $87M Series B","url":"https://daily.dev/posts/announcing-our-87m-series-b-gbcflpr6n","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/announcing-our-87m-series-b-gbcflpr6n"},"datePublished":"2025-09-29T12:20:26.666Z","dateModified":"2025-09-29T12:20:48.805Z","description":"Modal raised $87M in Series B funding led by Lux Capital, reaching a $1.1B valuation. The company provides AI-native cloud infrastructure that aggregates...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/6bdbc55bcc0fa32813f521cde0bb56bf?_a=AQAEulh","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/6bdbc55bcc0fa32813f521cde0bb56bf?_a=AQAEulh","isAccessibleForFree":true,"articleSection":"Modal","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"Modal","logo":"https://media.daily.dev/image/upload/s--HfKZHzC1--/f_auto/v1750946306/logos/modal_labs","url":"https://daily.dev/sources/modal_labs"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/announcing-our-87m-series-b-gbcflpr6n","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":0},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"machine-learning,cloud,serverless,ai-infrastructure","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"Modal","item":"https://daily.dev/sources/modal_labs"},{"@type":"ListItem","position":3,"name":"Announcing our $87M Series B"}]} ```