Tech Company Financing Transactions
Modal Labs Funding Round
Modal Labs, operating out of New York, raised $80 million from Lux Capital and private investors.
Transaction Overview
Company Name
Announced On
9/29/2025
Transaction Type
Venture Equity
Amount
$80,000,000
Round
Series B
Investors
Lux Capital (Lead Investor)
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
222 Broadway Floor 22
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
We think it's the easiest way for developers to get access to containerized, serverless compute without the hassle of managing their own infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Luis Capelo
Browse more venture capital transactions:
Prev: 9/29/2025: Solsten venture capital transaction
Next: 9/29/2025: ReCode Therapeutics venture capital transaction
Share this article
News on VC Transactions
Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs