· investment-strategies · 1 min read
Redpoint Ventures Leads Modal and Collate, Backs Anthropic
Redpoint Ventures led Modal’s Series C and Collate’s Series C and backed Anthropic, concentrating its new funds behind AI infrastructure.
Redpoint Ventures deployed its new funds aggressively into AI infrastructure, leading Modal’s Series C (May 2026) and Collate’s Series C (June 2026), and backing Anthropic (Feb 2026).
Key facts
- Investor: Redpoint Ventures (lead on Modal & Collate)
- Modal Labs: Series C (May 2026), AI compute infrastructure
- Collate: Series C (June 2026)
- Anthropic: Backed February 2026
- Firm: ~$4.5B AUM; multi-stage
Why this matters
Modal, Collate, and Anthropic show Redpoint Ventures channeling its $650M early-stage and $740M growth funds into the AI infrastructure stack — a continuation of its Snowflake/HashiCorp infrastructure lineage.
Sources
- Redpoint Ventures portfolio (Caplight): https://www.caplight.com/investor/redpoint
- Redpoint Ventures recent investments (Superscout): https://superscout.co/investor/redpoint
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