# Together AI Raises $800M Series C

> Together AI has raised an $800 million Series C at an $8.3 billion post-money valuation, led by Aramco Ventures with Vista, General Catalyst, Emergence, Nvidia and March Capital joining. The company is a neocloud, meaning it specializes in hosting and serving open-source AI models at scale, and it says it is now running at about $1.15 billion in annual bookings, with customers including Cursor, Cognition and Decagon. The raise is a marker for a fast-emerging category. As open-weight models proliferate, companies increasingly want somewhere other than the big hyperscalers to run them, and neoclouds like Together are positioning as that specialized layer. The trajectory is steep: a $102.5 million Series A in 2023 led by Kleiner Perkins, a $305 million Series B at $3.3 billion in early 2025, and now $8.3 billion barely a year later. Together says its infrastructure footprint could grow around fiftyfold over the next five years. The Aramco lead is notable too, a sign of how oil money is flowing into AI compute, and of how central raw serving capacity has become to the economics of the whole field.

_Section: [AI Funding Tracker](https://www.wortins.com/funding) · Source: TechCrunch · Published Thursday, July 9, 2026_

## Wortins' read

Together AI has raised an $800 million Series C at an $8.3 billion post-money valuation, led by Aramco Ventures with Vista, General Catalyst, Emergence, Nvidia and March Capital joining. The company is a neocloud, meaning it specializes in hosting and serving open-source AI models at scale, and it says it is now running at about $1.15 billion in annual bookings, with customers including Cursor, Cognition and Decagon. The raise is a marker for a fast-emerging category. As open-weight models proliferate, companies increasingly want somewhere other than the big hyperscalers to run them, and neoclouds like Together are positioning as that specialized layer. The trajectory is steep: a $102.5 million Series A in 2023 led by Kleiner Perkins, a $305 million Series B at $3.3 billion in early 2025, and now $8.3 billion barely a year later. Together says its infrastructure footprint could grow around fiftyfold over the next five years. The Aramco lead is notable too, a sign of how oil money is flowing into AI compute, and of how central raw serving capacity has become to the economics of the whole field.

## Source

[Read the full story at TechCrunch](https://techcrunch.com/2026/07/01/neocloud-together-ai-raises-800m-leaps-to-8-3b-valuation/)

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