Modal Labs' $355M Series C: NYC AI Infrastructure Just Became a $4.65B Category
Modal Labs raised $355M at a reported $4.65B valuation as enterprise AI coding drove ARR from ~$60M to $300M in months — here's what that means for builders.
NYC Venture Capital News & Fund Activity
New York's venture capital scene moves fast — from multi-hundred-million-dollar fund closes to breakout seed rounds in fintech and AI. Our NYC VC news coverage tracks the firms, funds, and deals that matter for founders raising in the city.
NYC VC News Coverage
- Fund launches: Debut funds, successor vehicles, and emerging managers
- Notable rounds: Seed through growth deals across key NYC sectors
- Firm moves: Partner changes, thesis shifts, and portfolio milestones
- Market context: How NYC deal flow compares nationally
Stay current with NYC venture capital news below.
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