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Modal Labs has secured $750 million in Series D funding at a $15.75 billion valuation, marking a nearly 239% valuation surge in five months as demand for AI inference, GPU cloud infrastructure and autonomous coding agents accelerates, pushing the company's annualized run rate beyond $1 billion. Representative image.

Modal valuation jumps 239% as AI infrastructure demand drives $750m Series D

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Redington subsidiary Arena Group divests Paynet in $89.3m deal with Iyzico

Arena Group, a subsidiary of Redington Limited, has officially completed the divestment of its wholly owned fintech subsidiary,…

byPallavi Madhiraju

February 16, 2025

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