Ollama Raises $65M as Local AI Models Go Mainstream
Ollama, the largest open-source platform for running AI models locally, closed a $65M Series B led by Theory Ventures. Here is why local inference is surging.
Funding rounds, valuations, IPOs and deals across the AI industry, with context on who is paying and what the money buys. See every 2026 round in the AI Funding Tracker.
Ollama, the largest open-source platform for running AI models locally, closed a $65M Series B led by Theory Ventures. Here is why local inference is surging.
Prometheus Raises 12 billion in a Series B, valuing the industrial AI startup at $41 billion and reshaping competition in industrial automation.
AI chip startup Etched is simultaneously raising at $10B and $20B valuations, with Sequoia leading the lower tranche, as demand for custom AI silicon.
Berlin’s Prior Labs was acquired by SAP for €1 billion just 18 months after founding, marking one of the fastest and largest AI lab exits in European startup.
DeepSeek raised $7.4 billion in its first-ever external funding round, valuing the Chinese AI lab at $52 billion. Tencent and CATL led the deal.
Databricks is raising a new strategic round at a $188 billion valuation, led by Coatue Management. Here is what the deal means for enterprise AI infrastructure.
Fireworks AI closed a $1.5 billion funding round at a $17.5 billion valuation, cementing its place among the most valuable AI infrastructure companies in the.