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moves money TNW July 09, 2026

Ollama raises $65M as its open-model runner hits nearly 9M developers

Ollama raises $65M as its open-model runner hits nearly 9M developers
AI Summary

Ollama has raised a $65M Series B led by Theory Ventures. Benchmark, 8VC, Y Combinator and others joined. The round takes the company’s total funding to $88M, three years after it launched, and Ollama set out the plan in a blog post on Thursday.

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