Modular Funding History
Modular develops the Mojo programming language and inference software for edge devices. Qualcomm acquired the company.
Company Overview
Modular
Modular Funding Timeline
Series C
US$250 million
Modular said it planned to expand cloud availability and add support for more kinds of computing hardware.
Led by US Innovative Technology Fund. Participation included GV, General Catalyst, Greylock.
Source · modular.com ↗Series B
US$100 million
Modular said the financing would support a software stack for developing and running AI models across different hardware.
Led by General Catalyst.
Source · reuters.com ↗Seed
US$30 million
Modular said the financing backed its work on AI development software that could run models across different hardware.
Led by GV. Participation included Greylock, Factory, SV Angel.
Source · techcrunch.com ↗
Modular Founding Team
Chris Lattner and Tim Davis met at Google. They started Modular to simplify AI development and deployment across different kinds of hardware, drawing on their experience with fragmented tools and closed platforms.
Modular Company Development
Mojo and MAX Draw Qualcomm into the Business
Modular developed the Mojo language and the MAX inference engine around the problem of running models efficiently across hardware. Qualcomm completed its acquisition in July 2026, placing that software inside a company that also develops its own device and edge processors.
Modular Competitive Landscape
Inference Software and Inference Infrastructure
Modular develops the compiler and runtime side of running models on hardware. Gimlet provides cloud inference and allocates workloads across silicon. The distinction is whether a team is integrating the execution layer or purchasing a service that handles deployment.
