Nous Research is reportedly in talks to raise at least $75 million at a $1.5 billion valuation, according to TechCrunch’s report on the startup behind the open-source Hermes agent. The round is said to be led by Robot Ventures, with participation from USV and other investors. AI startup Nous Research is drawing fresh investor attention as it works on a new funding round that could value the company at $1.5 billion. The company is best known for Hermes, its open-source AI agent, which has helped it stand out in a crowded market for autonomous AI tools.
According to the report, Nous Research is raising at least $75 million in this round. The funding talks come after the company previously raised a total of $70 million from investors including Paradigm, Robot Ventures, North Island Ventures, OSS Capital, and Balaji Srinivasan.
Founded in 2023 by Jeffrey Quesnelle, Karan Malhotra, Ryan Teknium, and Shivani Mitra, Nous Research has quickly become one of the more watched names in the AI agent space. The new capital is expected to support the expansion of Hermes products and its business model.
The potential deal also shows how strongly investors are still backing AI companies, especially those building agent-based systems that can handle more complex tasks. A $1.5 billion valuation would place Nous Research among the most valuable startups in the open-source AI category.
FAQs [Frequently Asked Questions]
1. What is Nous Research?
Nous Research is an AI startup founded in 2023 that builds the open-source Hermes agent, which is part of the growing AI agent market.
2. How much funding is Nous Research raising?
The company is reportedly raising at least $75 million in the new round, according to the report.
3. Why is this funding important?
It shows strong investor demand for AI agent startups and could help Nous Research expand Hermes products and its business model further.