Browsing Tag
Lux Capital
4 posts
Modal valuation jumps 239% as AI infrastructure demand drives $750m Series D
Modal has secured $750 million at a $15.75 billion post-money valuation after its annualized run rate crossed $1 billion, intensifying the race to own the infrastructure layer beneath AI inference, agents and reinforcement learning.
Cambridge Aerospace hits $3.4bn valuation as 30,000-interceptor production target tests defence-tech scale
Cambridge Aerospace has secured $300 million at a $3.4 billion valuation as it scales Skyhammer interceptor production and develops Starhammer. The valuation has more than doubled in four months, but manufacturing 2,500 interceptors a month and converting government testing into repeat procurement will determine whether the private-market enthusiasm is justified.
Why Ramp’s $22.5bn valuation has investors chasing the future of AI‑driven expense management
Ramp raises $500M at a $22.5B valuation to scale autonomous AI agents for finance. Find out how Ramp Business Corporation is changing workflows today.
Series B funding propels Impulse Space with $150m for future missions
Impulse Space, a prominent player in the development of in-space transportation services, recently secured a remarkable $150 million…