Browsing Tag
Menlo Ventures
5 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.
October 18, 2026
Higgsfield’s valuation quadruples to $5.4bn as enterprise AI video becomes the real growth engine
Higgsfield has secured $400 million at a $5.4 billion valuation as its annualised revenue run rate reaches $700 million. The bigger shift is commercial: businesses now generate most revenue, turning AI video from a creator experiment into an enterprise marketing platform whose infrastructure economics and customer retention must now justify a rapidly expanding valuation.
August 17, 2026
Lovable is now worth $13.3bn, but its biggest test starts after the app is built
Swedish AI software company Lovable has doubled its valuation to $13.3 billion just eight months after its previous funding round. The $400 million Series C gives Lovable more capital to turn AI-assisted app creation into a broader platform for running businesses, but the valuation increasingly depends on revenue quality, infrastructure economics and enterprise adoption rather than headline project creation.
August 13, 2026
Obsidian Security becomes unicorn as enterprises seek controls for autonomous AI agents
Palo Alto-based Obsidian Security has secured an $85 million Series D led by Crescent Cove Advisors, turning the enterprise cybersecurity company into a unicorn. The financing gives Obsidian more runway to expand AI-agent governance, but its $1.1 billion valuation will ultimately depend on whether runtime controls can become a repeatable enterprise security standard.
August 5, 2026
Arch secures $20m in Series A funding to modernize financial workflows
Arch, a cutting-edge investment management platform, has successfully raised $20 million in Series A funding, leading the way…
November 9, 2023