# Adept Materials funding: rounds and investors

> Adept Materials has raised $4.0M across 1 round since 2024. Investors include Massachusetts Clean Energy Center and Bantam Group. Every round with its source.

Source: https://millionrounds.com/company/adept-materials (Millionrounds; every figure on the page links to its filing or article)

United States · [Seed startup](https://millionrounds.com/companies)

# Who invested in *Adept Materials*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Construction

Funding summary Updated 26 Oct 2026

**$4.0M** raised across 1 round since 2024, from 1 source

- **Latest round:** Seed, $4.0M Aug 2024
- **Investors:** 2

See who backed them

## The rounds

- **Aug 2024** Seed **$4.0M** [Massachusetts Clean Energy Center](https://millionrounds.com/fund/massachusetts-clean-energy-center) [Bantam Group](https://millionrounds.com/fund/bantam-group) Source recorded SEC filing: $2.5M sold, first sale Jul 2024

## Founders and team

From Adept Materials's own website: 4 on the team.

- **Sarah Colburn** CFO
- **Daniel Cromie** Executive Chairman
- **Miguel Galvez** Director
- **Wiatt Trujillo** Marketing Manager

Advisers *Henry Ritter* *Jon Pierce*

## Everyone who backed them

[Massachusetts Clean Energy Center](https://millionrounds.com/fund/massachusetts-clean-energy-center) VC firm **1** round

[Bantam Group](https://millionrounds.com/fund/bantam-group) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=adept-materials).

## Also claim to have backed them

These 2 firms list Adept Materials as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Slater Technology Fund](https://millionrounds.com/fund/slater-technology-fund) Government Per its own site

[RightHill Ventures](https://millionrounds.com/fund/righthill-ventures) VC firm Per its own site

## Quick answers about Adept Materials

### Who invested in Adept Materials?

Adept Materials's investors include Massachusetts Clean Energy Center and Bantam Group.

### How much has Adept Materials raised?

Adept Materials has raised $4.0M across 1 round since 2024.

### When did Adept Materials last raise?

Adept Materials's most recent round was a Seed of $4.0M in Aug 2024.

### What was Adept Materials's biggest round?

Its most recent round, $4.0M in Aug 2024, is also its largest on record.

### Who backed Adept Materials first?

Adept Materials's first round on record, in Aug 2024, was backed by Massachusetts Clean Energy Center and Bantam Group.

### What stage is Adept Materials at?

Adept Materials's latest named round is a Seed, in Aug 2024.

### Where is Adept Materials based?

Adept Materials is based in the United States.

## Companies like Adept Materials

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**ASI** $325M · Oct 2026](https://millionrounds.com/company/asi)[**Fragment** $22M · Oct 2026](https://millionrounds.com/company/fragment)

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