Majorfunding roundNVIDIA

Nous Research Achieves $1.5B Valuation, Launches Hermes AI Agents

Published
Oct 7, 2026 — 20:48 UTC

Nous Research has confirmed a valuation of $1.5 billion following a Series B funding round that raised $90 million. The round was led by Robot Ventures, with participation from Nvidia, Union Square Ventures, Menlo Ventures, Samsung, and 1789 Capital, where Donald Trump Jr. is a partner. To date, Nous Research has raised a total of $158 million.

The company also announced the launch of its open-source AI agent, Hermes, which has been cloned 24 million times and accounts for approximately 2.5% of global AI token usage. By mid-September 2026, Nous Research reported an annualized revenue of $36 million, with expectations to exceed $100 million by the end of the year. This launch follows the company's growth trajectory and funding success, indicating a strong market demand for their AI solutions.

Summarised from TechCrunch AI's original report by the Turing Wire Newsdesk. Read the original for the full story.

Source: TechCrunch AI