# Afero funding: rounds and investors

> Afero has raised $50M across 1 round since 2021. Investors include SoftBank, Catalyst Fund and Pegasus Tech Ventures. Every round with its source.

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

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

# Who invested in *Afero*

One round we have observed, with the 3 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.

Hardware & Electronics

Funding summary Updated 26 Oct 2026

**$50M** raised across 1 round since 2021, from 1 source

- **Latest round:** Series C, $50M Dec 2021
- **Investors:** 3

See who backed them

## The rounds

- **Dec 2021** Series C **$50M** [SoftBank](https://millionrounds.com/fund/softbank-2) [Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) Source recorded SEC filing: $53M sold, first sale Dec 2021

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Joe F. Britt** Executive Officer, Director i
- **Shin F. Matsumura** Executive Officer, Director i

On the board, as filed i *Albert F. Pimentel* *Hugh F. Thompson* *Taizo F. Son*

## Everyone who backed them

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[Catalyst Fund](https://millionrounds.com/fund/catalyst-fund-2) Growth equity **1** round

[Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) VC firm **1** round

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

## Also claim to have backed them

These 4 firms list Afero 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.

[Presidio Ventures](https://millionrounds.com/fund/presidio-ventures) Corporate VC Per its own site

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

[Samsung Catalyst Fund](https://millionrounds.com/fund/samsung-catalyst-fund) Corporate VC Per its own site

[Crosspoint Capital Partners](https://millionrounds.com/fund/crosspoint-capital-partners) Private equity Per its own site

## Quick answers about Afero

### Who invested in Afero?

Afero's investors include SoftBank, Catalyst Fund and Pegasus Tech Ventures.

### How much has Afero raised?

Afero has raised $50M across 1 round since 2021.

### When did Afero last raise?

Afero's most recent round was a Series C of $50M in Dec 2021.

### What was Afero's biggest round?

Its most recent round, $50M in Dec 2021, is also its largest on record.

### Who backed Afero first?

Afero's first round on record, in Dec 2021, was backed by SoftBank, Catalyst Fund and Pegasus Tech Ventures.

### What stage is Afero at?

Afero's latest named round is a Series C, in Dec 2021.

### Where is Afero based?

Afero is based in the United States.

## Companies like Afero

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

[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Sabi** $50M · Oct 2026](https://millionrounds.com/company/sabi)[**Ringon** $70K · Oct 2026](https://millionrounds.com/company/ringon)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)[**SiMa.ai** $235M · Sept 2026](https://millionrounds.com/company/sima-ai)

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