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From Strategy to Code

Modal Raises $355M as AI Infrastructure Demand Surges | HealXRlabs
Feed/Industry· Africa

Modal Raises $355M as AI Infrastructure Demand Surges

Ventureburn·Shared 23 May 2026

Modal raised $355M in Series C funding, pushing its valuation to $4.65B amid growing AI coding and compute demand.

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We surfaced this piece through the HealXRlabs lens — published originally on Ventureburn. Continue to the full article on their site.

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