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TechCrunch·3 min read·medium

Hermes agent maker Nous Research in talks for new funding at $1.5B valuation

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Ivan Mehta, Marina Temkin
Hermes agent maker Nous Research in talks for new funding at $1.5B valuation
AI Summary

AI startup Nous Research is nearing a $1.5 billion valuation following a new funding round led by Robot Ventures. The company is known for its open-source Hermes agent, which competes with other local AI automation tools.

Why it matters

The massive valuation underscores the intense investor interest in open-source AI agents and decentralized compute infrastructure.

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Nous Research, the startup behind the open-source Hermes agent, is finalizing a new round of funding led by Robot Ventures, with significant participation from USV and other prominent investors at a $1.5 billion valuation, according to three sources with knowledge of the deal. The company is raising at least $75 million, and fielded a high level of interest from investors, according to the people. The new round is coming less than three months after Nous announced its $50 million Series A .

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