Arcee AI raises at least $150M Series B for open-model development
Vista Equity Partners, Cambium Capital and Emergence Capital co-led the financing, which valued Arcee AI above $1B.
The company plans to direct the funding toward its next generation of Trinity models, research and systems engineering, and the computing and data infrastructure behind model training.
The capital also supports Arcee’s work with the U.S. Department of Energy and national laboratories, alongside products that help organizations customize and operate open models. The company announced the Series B without stating an amount; collected financing coverage subsequently reported at least $150 million.
Use of funds
Fund computing clusters and data pipelines for next-generation foundation models
Scale AI research and systems engineering
Broaden open-model customization and orchestration products
Expand strategic deployment contracts across the U.S. Department of Energy and national laboratories