Top 10 CloudTech & DevOps Capital Raises and Investors in the U.S. – September 16th – 30th, 2025

Several interesting transactions closed in the CloudTech & DevOps sector over the past two weeks. If you would like more info on these deals or would like to discuss the capital raising market for your company, please contact me.

Later Stage VC

1. Cerebras, AI company that designs processors for AI training and inference, raised $1 billion of Series G venture funding in a deal led by Fidelity and Atreides Management.
2. Flox, web application that helps developers manage software environments, raised $25 million of Series B venture funding in a deal led by Addition.
3. Supernova, design-to-code platform that accelerates the workflow for designers and developers, raised $9.2 million of Series A venture funding in a deal led by Taiwania Capital.
4. Vercel, cloud-based workflow platform that optimizes the entire development and deployment experience for frontend teams, raised $300 million of Series F venture funding in a deal led by Accel and GIC Private.

Early Stage VC

5. Emergent, autonomous coding agent that automates internal-facing software engineering tasks, raised $23 million of Series A venture funding in a deal led by Lightspeed Venture Partners.
6. Kubeshop, open-source accelerator platform that focuses on the cloud-native ecosystem, raised $8 million of Series A venture funding in a deal led by Insight Partners and Ratmir Timashev.
7. Modal Labs, machine learning software that runs code in the cloud, raised $87 million of Series B venture funding in a deal led by Lux Capital.
8. Modular, AI development platform that rebuilds artificial intelligence infrastructure for everyone, raised $250 million of venture funding in a deal led by US Innovative Technology Fund and DFJ Growth.

Seed Round

9. Modelence, TypeScript platform that helps users ship production AI applications significantly faster, raised $3.85 million of seed funding in the form of SAFE notes from Zeno Ventures and Rebel Fund.
10. Refold AI, embedded integration platform that provides application programming interface services for software-as-a-service companies, raised $6.46 million of seed funding in a deal led by Eniac Ventures and Tidal Ventures.

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Rebecca Lacy

Managing Director

Please contact me if you have any questions or would like to discuss your capital raise:

Email: rlacy@castleplacement.com

(C) (573) 880-2974

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Sources: Information on this page was derived from a variety of sources including Bloomberg, Company Websites, Crunchbase, PitchBook and other news outlets. Castle Placement™ does not warrant or guarantee this information, nor makes any representations as to the accuracy of the information. For more Risks, see CPGO Risks and Disclaimers.