Modular
AI's unified compute layer — Mojo language + MAX serving stack across NVIDIA/AMD
AI Infrastructure
📍 Los Altos, CA
Founded 2022
Current Valuation
$1.6B
as of 2025-Q3
UNICORN
Modular is building a unified compute layer for AI — a portable software stack that lets developers run inference and training workloads efficiently across NVIDIA, AMD, and other accelerators without rewriting code. Founded in 2022 by Chris Lattner (creator of LLVM, Swift, MLIR, and Apple's compiler infrastructure) and Tim Davis, the company ships Mojo (a Python-superset systems language) and MAX (a high-performance serving framework). Modular reports that MAX 25.6 delivers 20–50% performance gains over vLLM and SGLang on NVIDIA B200 and AMD MI355. Total raised: $380M including a $250M Series C in September 2025 at a $1.6B valuation, led by the U.S. Innovative Technology Fund.
Company Profile
Growth
~3x valuation step-up between Series B and Series C
Last Round
Series C — $250M (Sep 2025) · Lead: U.S. Innovative Technology Fund
Founders & Key People
Chris LattnerTim Davis
Investors
U.S. Innovative Technology Fund · DFJ Growth · GV (Google Ventures) · General Catalyst · Greylock
Products
- Mojo (programming language)
- MAX (model serving framework)
- MAX Engine
Competitors
NVIDIA (CUDA) · OpenAI (Triton) · Anyscale · Together AI · vLLM (open source)
AIInfraCompilersChris LattnerUnicorn
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q3. Refreshed quarterly.