kapynFunding & M&A

Popular open source AI developer tool Ollama raises $65M, grows to nearly 9M users

Ollama raises $65M to simplify local AI model execution. The company has seen rapid growth, reaching nearly 9 million users and a highly engaged GitHub community. This funding will likely accelerate the development and accessibility of tools for running LLMs on personal hardware.

TechCrunch AI·Jul 9, 2026

Opening Kapyn…