Nous Research in talks for new funding at $1.5B valuation
Nous Research, the creator of the open-source Hermes agent, is reportedly in discussions for a new funding round that would value the company at $1.5 billion. The company has attracted significant investor interest.
AI agent startup Nous Research is reportedly in advanced discussions to secure new funding at a valuation of $1.5 billion. The funding round is expected to be led by Robot Ventures, with significant participation from USV and other prominent investors, according to sources familiar with the matter.
The company aims to raise at least $75 million and has encountered substantial interest from the investment community. This potential funding round follows closely on the heels of its $50 million Series A announcement made less than three months ago.
Nous Research is known for its development of the open-source Hermes agent, a tool aimed at advancing decentralized AI. Beyond agent development, the company maintains a decentralized network that contributes computational resources for AI model training. They have also released language models specifically designed for coding and mathematical tasks.
Founded in 2023, Nous Research has previously raised $70 million in funding from investors including Paradigm and North Island Ventures. The company's focus on decentralized AI and agent-based systems positions it within a rapidly growing sector of the technology industry.