Nous Research Raises $90M Series B at $1.5B Valuation

8 Oct 2026, 2:18 am · 3h ago · 1 min read · TechCrunch AINew

Amount

$90M

Stage

Series B

Nous Research has confirmed a new valuation of $1.5 billion following a $90 million Series B funding round. The artificial intelligence startup, best known for developing the open-source Hermes AI agent models, is expanding its product lineup to launch specialized AI agents for business users. The fresh capital will be deployed toward scaling computing infrastructure, advancing foundational research, and accelerating enterprise agent deployment. As demand for autonomous business agents surges globally, Nous Research plans to compete directly with frontier AI labs by offering flexible, high-performance open-source models tailored for diverse enterprise workflows.