Modular (Acquired by Qualcomm)

The Modular Platform is the first enterprise-grade AI inference stack that abstracts away hardware complexity. By replacing vendor-specific runtimes like CUDA and ROCm with a unified low-level layer, it eliminates the fragmentation that holds back existing AI frameworks that were never developed for modern Generative AI inference.

AI infrastructure and computeRobotics and hardware

Modular (Acquired by Qualcomm) raised $250M in a funding round announced September 24, 2025, according to reuters.com. Investors in that round: USIT.

Raise history

1. September 29, 2026
   First seen by Recent Funding
   via startups.gallery
2. September 24, 2025
   Round · $250M
   UUSIT (lead)
   Source: reuters.com (startups.gallery listing)

Investors

• DDFJ Growth
• GGeneral Catalyst
• GGreylock
• GGV
• UUSIT

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Every amount links to the page it came from. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/modular-acquired-by-qualcomm.