Hugging Face reaches $2 billion valuation to build the GitHub of machine learning

Hugging Face has closed a new round of funding. It’s a $100 million Series C round with a big valuation. Following today’s funding round, Hugging Face is now worth $2 billion.
Lux Capital is leading the round, with Sequoia and Coatue investing in the company for the first time. Some of the startup’s existing investors participated once again. These investors include Addition, Betaworks, AIX Ventures, Cygni Capital, Kevin Durant and Olivier Pomel.
Despite a short life, Hugging Face has had an interesting evolution. When I first covered the company in 2017, the startup was focused on a consumer

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