# AI startup funding expansions

> Live situation record from CLSTR: https://clstr.news/situations/ai-startup-funding-expansions
> Updated: 2026-08-06T17:35:36.000Z. Sources: 2. Developments: 2.

In July 2026, Ollama announced an $88 million financing round aimed at scaling its locally‑focused artificial‑intelligence platform. The capital is intended to broaden the company’s product offerings and market reach.

A month later, in August 2026, Greek AI firm Omilia closed a $67 million Series B led by Expedition Growth Capital. The funding will support rapid international growth, including the launch of its first U.S. office later in the year. Omilia’s voice‑first AI solutions target heavily regulated sectors such as banking, insurance and healthcare, and the company reports high‑volume deployments handling millions of calls daily.

Both rounds reflect a broader trend of substantial investment into AI startups seeking to expand globally and deepen capabilities across regulated industries.

## Timeline

### 2026-08-06: Omilia secures $67 million Series B, plans US office

Greek AI startup Omilia raised $67 million in a Series B led by Expedition Growth Capital to expand its voice‑first customer‑experience platform in the US, opening a new office and targeting regulated sectors.

2 sources. https://clstr.news/cluster/omilia-secures-67-million-series-b-plans-us-office

### 2026-07-09: Ollama raises $88 million to expand local AI platform

Ollama secured $65 million in a Series B (total $88 million) to grow its local‑AI platform, reporting 8.9 million developers and broad Fortune‑500 adoption.

4 sources. https://clstr.news/cluster/ollama-raises-88-million-to-expand-local-ai-model-platform

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Cite as: AI startup funding expansions. CLSTR, https://clstr.news/situations/ai-startup-funding-expansions