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)
Ollama raised $65M after reaching nearly 9M users, signaling strong demand for local open-weight model tooling.
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<a href="https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users/"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260709/i15.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260709/p15#a260709p15" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Julie Bort / <a href="http://techcrunch.com/">TechCrunch</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://techcrunch.com/2026/07/09/popular-open-source-ai-developer-tool-ollama-raises-65m-grows-to-nearly-9m-users/">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</a></b></span> — 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.</p>
Read at source: https://www.techmeme.com/260709/p15#a260709p15