Ollama, which helps developers run open-weight AI models locally, raised a $65M Series B led by Theory Venture, following a $15M Series A led by Benchmark (Julie Bort/TechCrunch)
View original on techmeme.comOverview
Julie Bort / TechCrunch: Ollama, which helps developers run open-weight AI models locally, raised a $65M Series B led by Theory Venture, following a $15M Series A led by Benchmark — The popular open source AI tool Ollama has raised a $65 million Series B, led by Theory Venture, founder and CEO Jeff Morgan tells TechCrunch.
SpinGraph analysis pending — check back after processing.
Ask AI about this story
Opens with the SpinGraph .md URL and structured context — one click, prompt included.
More from Techmeme
View all →- PrismML shrunk Qwen 3.6 to 27B parameters and ran it on an iPhone 17 Pro, bigger than any prior mobile model; sources: Apple talked with PrismML about its tech (Aaron Tilley/The Information)
- Micron raises its US capex commitment to $250B through 2035, adding $50B for New York, Idaho, Virginia, and other projects, and invests $500M in GlobalWafers (Maggie Eastland/Bloomberg)
- Databento, which sells financial data feeds, raised a $97M Series B led by NEA, taking its total funding to $127M, and says it is "profitable every month" (Lily Mae Lazarus/Fortune)
- Anthropic debuts a "reflection" dashboard in beta for Free, Pro, and Max users with memory turned on, to track their Claude activity over 1, 3, 6, or 12 months (Anthropic)
- European startups raised $24B in Q2, up 66% YoY and the strongest quarter in four years; UK startups raised $10.4B, above Germany's $3.2B, and France's $2.4B (Gené Teare/Crunchbase News)
- Meta releases Muse Spark 1.1, capable of more advanced coding and a "step-change" from the first generation, available to US developers via a public API preview (Dominic Preston/The Verge)
Markdown (.md) · JSON-LD schema (.json) · Machine-readable for AI & GEO