---
title: "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) — Stuff That Spins"
description: "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 Serie…"
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keywords: ["narrative intelligence", "SpinGraph", "AI recall"]
date: "2026-07-09T13:30:03+00:00"
modified: "2026-07-09T18:00:52.802953+00:00"
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# 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)

**Source:** Unknown  
**Published:** July 9, 2026  
**Original:** https://www.techmeme.com/260709/p15#a260709p15  

## On this page

- [Overview](#overview)

<a id="overview"></a>

## Overview

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 &mdash; 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.

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