Nous Research nears $75 million round at $1.5 billion valuation

Robot Ventures is leading the reported financing, with USV participating, as the 2023 open-source AI lab pushes Hermes toward a business.

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Primary source: TechCrunch

Why it matters

Nous is testing whether open-source AI labs can command unicorn valuations before they show public revenue, using developer adoption as the wedge into agents and compute.

Illustration of a complex mechanical-biomorphic system labeled Hermes growing amid financial symbols and investor names Robot Ventures and USV for Nous Research.

Jeffrey Quesnelle (@theemozilla), Karan Malhotra, Ryan "Teknium" and Shivani Mitra's Nous Research is finalizing a funding round of at least $75 million at a $1.5 billion valuation, TechCrunch reported on July 13th, citing three people with knowledge of the deal.…

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