Nous Research raises $90 million Series B at a $1.5 billion valuation to scale Hermes Agent
- Published
Nous Research raised $90 million in a Series B round and said the company was valued at $1.5 billion. The funding is tied to work on Hermes Agent and a business-facing version of Hermes with enterprise controls and auditing features.
Key claims & sources
What it means
Users and enterprise customers who work with Hermes will notice a business-oriented set of controls taking shape around the product. The added deployment, auditing, and workspace features point to a version of Hermes aimed at workplace use rather than only general access, and that is the concrete change in front of them today.
What changes in practice is that Hermes is being extended with enterprise deployment, auditing, and workspace controls, while the underlying focus on Hermes remains in place. The funding announcement also says the round is for scaling Hermes Agent, so the product line is expanding rather than replacing what already exists.
Market reaction i
The total crypto market fell 0.2% in the 4 hours after the first headline, after rising 0.6% in the 2 hours before.
47 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.
Coverage timeline
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