# Algolux funding: rounds and investors > Algolux has raised $31M across 4 rounds since 2013. Investors include Real Ventures, TandemLaunch and Alumni Ventures. Every round with its source. Source: https://millionrounds.com/company/algolux (Millionrounds; every figure on the page links to its filing or article) Canada · [Series B startup](https://millionrounds.com/companies) # Who invested in *Algolux* 4 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. AI Education Funding summary Updated 26 Oct 2026 **$31M** raised across 4 rounds since 2013, from 4 sources **$419K** Seed **$2.4M** Series A **$10M** Series A **$18M** Series B - **Latest round:** Series B, $18M Jul 2021 - **Step-up i:** 1.8× - **Investors:** 9 See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2015 2017 2019 2021 **$419K** Seed **$2.4M** Series A **$10M** Series A **$18M** Series B - **First round:** Seed, $419K - **Biggest round:** $18M - **Usual gap between rounds:** 3.2 years ## The rounds - **Jul 2021** Series B **$18M** *4 new* *1 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) [Playground Global](https://millionrounds.com/fund/playground-global) Source recorded SEC filing: $7.0M sold, first sale Jun 2021 - **May 2018** Series A **$10M** *3 new* GM Ventures/ Drive Intact Real Reported by FinSMEs SEC filing: $9.0M sold, first sale Mar 2018 - **Aug 2014** Series A **$2.4M** *1 new* *1 returning* [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [TandemLaunch](https://millionrounds.com/fund/tandemlaunch) From a historical funding record - **Sept 2013** Seed **$419K** *1 new* [TandemLaunch](https://millionrounds.com/fund/tandemlaunch) From a historical funding record ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Seed** 2013 **Series A** 2014 **Series A** 2018 **Series B** 2021 [Real Ventures](https://millionrounds.com/fund/real-ventures-2) [TandemLaunch](https://millionrounds.com/fund/tandemlaunch) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) [Playground Global](https://millionrounds.com/fund/playground-global) GM Ventures/ Drive Intact Real ## Everyone who backed them [Real Ventures](https://millionrounds.com/fund/real-ventures-2) Family office **2** rounds [TandemLaunch](https://millionrounds.com/fund/tandemlaunch) Accelerator **2** rounds [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **1** round [Team Ignite Ventures](https://millionrounds.com/fund/team-ignite-ventures) VC firm **1** round [Playground Global](https://millionrounds.com/fund/playground-global) VC firm **1** round GM Ventures/ Drive no record of our own yet **1** round Intact no record of our own yet **1** round Real no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=algolux). ## Quick answers about Algolux ### Who invested in Algolux? Algolux's investors include Real Ventures, TandemLaunch, Alumni Ventures, Drive Capital and Team Ignite Ventures, and 4 more on record. ### How much has Algolux raised? Algolux has raised $31M across 4 rounds since 2013. ### When did Algolux last raise? Algolux's most recent round was a Series B of $18M in Jul 2021. ### What was Algolux's biggest round? Its most recent round, $18M in Jul 2021, is also its largest on record. ### Who backed Algolux first? Algolux's first round on record, in Sept 2013, was backed by TandemLaunch. ### What stage is Algolux at? Algolux's latest named round is a Series B, in Jul 2021. ### Where is Algolux based? Algolux is based in Canada. ## Companies like Algolux In the same sector, and raised in the last eighteen months. [**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app