Startup And Fundraising 18 October 2026
US Startup Funding Slows, Modal Labs Secures $750M Boost
During the week of Oct 10‑16, only two US startups secured $200 million or more, signaling a slowdown in funding. Modal Labs stood out with a massive $750 million round, while investors focused on AI infrastructure and construction technology deals.
US startup funding slows as only two companies raised over $200 million in the week of Oct 10‑16. *Modal Labs* led the pack with a $750 million round, highlighting strong investor interest in AI infrastructure and construction tech.
- Funding slowdown: just two startups > $200 M.
- Modal Labs raised $750 M.
- Investors targeting AI infrastructure and construction technology.
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