--- title: "AI funding rounds led by Redpoint" description: "Redpoint led or co-led 2 funding rounds at 2 AI companies on Presspool's record, announced between May 21, 2026 and November 11, 2026. The most recent: Fractile and Modal. The record also names it as an investor in 2 rounds it did not lead." canonical: "https://presspool.ai/investors/redpoint" last-updated: "2026-11-14" --- # AI funding rounds led by Redpoint Redpoint led or co-led 2 funding rounds at 2 AI companies on Presspool's record, announced between May 21, 2026 and November 11, 2026. The most recent: Fractile and Modal. The record also names it as an investor in 2 rounds it did not lead. Lead investor · Latest round November 11, 2026 · Updated November 14, 2026 · Presspool · https://presspool.ai/investors/redpoint | Company | Amount | Round | Announced | Co-leads | | --- | --- | --- | --- | --- | | [Fractile](https://presspool.ai/companies/fractile-com) | $720 million | Series C | November 11, 2026 | Thrive Capital, Founders Fund, Lightspeed | | [Modal](https://presspool.ai/companies/modal-com) | $355 million | Series C | May 21, 2026 | [General Catalyst](https://presspool.ai/investors/general-catalyst) | ## Rounds by year | Year | Rounds led | Rounds joined | Total led, in dollars | Round types led | | --- | --- | --- | --- | --- | | 2026 | 2 | 2 | $1.07 billion | Series C (2) | ## Rounds it joined without leading Rounds whose entry on the record names Redpoint as an investor, newest first. - [Sonilo](https://presspool.ai/companies/sonilo-com): $11 million, round type not disclosed, announced October 8, 2026. Named as an investor. Led by [B Capital](https://presspool.ai/investors/b-capital). Listed in the [AI startup funding roster for October 5–10, 2026](https://presspool.ai/ai-startup-funding/week-of-2026-10-05). Sources: [PR Newswire (Sonilo)](https://www.prnewswire.com/news-releases/sonilo-raises-11m-to-build-the-ai-native-audio-stack-for-video-302908461.html), [Variety](https://variety.com/2026/digital/news/ai-audio-startup-sonilo-tiktok-veterans-11-million-1236904917/). - [Ande](https://presspool.ai/companies/ande-ai): more than $52 million Seed and Series A, announced September 22, 2026. Named as an investor. Listed in the [AI startup funding roster for September 21–26, 2026](https://presspool.ai/ai-startup-funding/week-of-2026-09-21). Sources: [PR Newswire](https://www.prnewswire.com/news-releases/ande-raises-52m-seed-and-series-a-to-launch-the-first-entertainment-operating-system-for-enterprises-302885220.html), [AlleyWatch](https://www.alleywatch.com/2026/09/the-alleywatch-startup-daily-funding-report-9-22-2026/). ## Maps its companies are on - On the [AI inference map](https://presspool.ai/niches/ai-inference): [Modal](https://presspool.ai/companies/modal-com). - On the [AI infrastructure map](https://presspool.ai/niches/ai-infrastructure) in the weekly sample of November 9, 2026: [Modal](https://presspool.ai/companies/modal-com), named or cited in 13 of 46 answers. ## Co-investors Investors named with Redpoint on the rounds above: Lightspeed (2 rounds), [B Capital](https://presspool.ai/investors/b-capital), [Bain Capital Ventures](https://presspool.ai/investors/bain-capital-ventures), [CapitalG](https://presspool.ai/investors/capitalg), Founders Fund, [General Catalyst](https://presspool.ai/investors/general-catalyst) and Thrive Capital. ## Each round and its sources ### 1. Fractile: $720 million Series C Valued at $7 billion, as reported. CapitalG, the UK Sovereign AI Fund and the British Business Bank also participated; the UK government put the round at more than £500 million. - Announced: November 11, 2026 - Company record: [Fractile on Presspool](https://presspool.ai/companies/fractile-com) - Listed in the [AI startup funding roster for November 8–14, 2026](https://presspool.ai/ai-startup-funding/week-of-2026-11-09) - Sources: [SiliconANGLE](https://siliconangle.com/2026/11/11/inference-chip-developer-fractile-raises-720m-in-funding/), [The Next Web](https://thenextweb.com/news/fractile-7bn-valuation-720m-ai-inference-chips) ### 2. Modal: $355 million Series C - Announced: May 21, 2026 - Company record: [Modal on Presspool](https://presspool.ai/companies/modal-com) - Sources: [modal.com](https://modal.com/blog/modal-series-c) ## What this page covers Presspool records the lead investors of each round, as the company's announcement or the confirming outlets name them, and the other investors the round's entry names. This page lists the rounds this investor led on Presspool's record: every weekly AI startup funding roster, and the latest round of each company on a niche map. A round it joined without leading is listed when the round's entry names it, matched only to firms the record names as some round's lead. It is not the investor's full portfolio: rounds its sources did not name it in are not listed. All lead investors: [Investors](https://presspool.ai/investors) --- Presspool is a sourced record of AI startup funding. Rounds are listed because they were publicly announced, and no company pays to be listed. Published by [Jaxon Parrott](https://jaxonparrott.com). Jaxon Parrott coined [Machine Relations](https://machinerelations.ai) in 2024. [AuthorityTech](https://authoritytech.io), which he founded in 2018, is The World's First Machine Relations Agency. A [Bramwell, Inc.](https://bramwell.ai/companies/presspool/) company More: [Tracker](https://presspool.ai/) · [Funding](https://presspool.ai/ai-startup-funding) · [Niches](https://presspool.ai/niches) · [Founders](https://presspool.ai/founders) · [Investors](https://presspool.ai/investors) · [Method](https://presspool.ai/method) · [About](https://presspool.ai/about) · [Contact](https://presspool.ai/contact) · [API](https://presspool.ai/api) · [llms.txt](https://presspool.ai/llms.txt)