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Arcee AI raises an undisclosed Series B that values the open-weight model developer at more than $1 billion. Vista Equity Partners, Cambium Capital and Emergence Capital lead the round, with participation from investors including Microsoft’s M12, Hitachi and Wipro; a source cited by Fortune says it totals at least $150 million. Arcee plans to train a new generation of Trinity models and expand its Genesis-Science-1 work with the U.S. Department of Energy and 17 national laboratories.

Sep 2026SiliconAngleNews article

Arcee AI raises a Series B at a $1 billion pre-money valuation after spending about $20 million to train four open-weight models. Vista Equity Partners, Cambium Capital, and Emergence Capital lead the round, which a source says totals at least $150 million; Arcee does not disclose the amount. The company plans to invest in new models and products and expand its partnership with the U.S. Department of Energy.

Sep 2026FortuneNews article