Modulate
Modulate builds audio-native AI models and APIs that help developers understand voice conversations beyond their transcribed words.
$25MFunding round
ParticipantL
Lakestar
Activity from announced rounds
Activity in this selectionUnited States · Oct 19, 2026 · Jul 22, 2026
Lakestar is a technology investment firm with venture funds and investments across stages, placing a current strategic emphasis on Europe’s technological sovereignty and resilience.
The firm’s stated priorities include growing its existing portfolio and developing targeted investment products for critical technologies. Its team works across investment funds and a Resilience platform, supported by advisers with international security experience.
Lakestar favours a concentrated approach with fewer investments and substantial attention to each. For founders in critical technology, its framework connects the commercial business with the geopolitical and security requirements surrounding its deployment.
Sources
- Rounds participated in
- 2
- Confirmed lead rounds
- 0 1 roles undisclosed
- New companies
- 2 First participation on record · 0 follow-on
- Funding in participating rounds
- $45M 2 disclosed · full round size, not this investor’s share