GoKawiilModal Labs nears $750M round at $15.75B valuation, led by Accel
AI inference infrastructure provider Modal Labs is close to finalizing a $750 million funding round led by Accel, valuing the company at $15.75 billion including the new capital, according to a source familiar with the deal. That figure more than triples Modal's $4.65 billion valuation from a $355 million raise just four months earlier. Modal declined to comment on the report.