technology
Nous Research raises at least $75 million at $1.5 billion valuation less than three months after prior round
The AI startup is raising at least $75 million in a round led by Robot Ventures with major participation from USV. The round arrives less than three months after Nous closed its $50 million Series A. TechCrunch reported the details from three sources with knowledge of the deal.
Jul 13, 7:31 PM·1m read1 source
TechCrunchAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
Nous Research is finalizing a funding round of at least $75 million at a $1.5 billion valuation, led by Robot Ventures with significant participation from USV, according to three sources with knowledge of the deal. The round comes less than three months after the company announced its $50 million Series A.
Before this round, Nous had raised a total of $70 million from investors including Paradigm, Robot Ventures, North Island Ventures, OSS Capital, and Balaji Srinivasan, according to Crunchbase.
The company was founded in 2023 by Jeffrey Quesnelle, Karan Malhotra, Ryan Teknium, and Shivani Mitra. Nous Research declined to comment on the round. USV and Robot Ventures did not respond to requests for comment.
Nous Research develops the open-source Hermes agent, which has amassed roughly 214,000 stars and nearly 40,000 forks on GitHub. The agent includes built-in skills such as web search, coding, and image understanding, and it automatically learns new skills from user interactions. Users can run Hermes on a desktop or virtual private server.
The company also offers a cloud-hosted version through paid tiers ranging from $20 to $200 a month. In addition to Hermes, Nous maintains a decentralized network for hardware contributions to compute and training and has released language models focused on coding and math. Sources said the new funding will help expand Hermes products and business model.
