# aZen Protocol funding: rounds and investors

> aZen Protocol has raised $40M across 1 round since 2025. Investors include DWF Labs. Every round with its source.

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

New Zealand · [Venture startup](https://millionrounds.com/companies)

# Who invested in *aZen Protocol*

One round we have observed, with the one investor 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.

AI

Funding summary Updated 26 Oct 2026

**$40M** raised across 1 round since 2025, from 1 source

- **Latest round:** Venture, $40M May 2025
- **Investors:** 1

See who backed them

## The rounds

- **May 2025** Venture **$40M** [DWF Labs](https://millionrounds.com/fund/dwf-labs) Source recorded

## Everyone who backed them

[DWF Labs](https://millionrounds.com/fund/dwf-labs) VC firm **1** round

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

## Quick answers about aZen Protocol

### Who invested in aZen Protocol?

aZen Protocol's investors include DWF Labs.

### How much has aZen Protocol raised?

aZen Protocol has raised $40M across 1 round since 2025.

### When did aZen Protocol last raise?

aZen Protocol's most recent round was a Venture of $40M in May 2025.

### What was aZen Protocol's biggest round?

Its most recent round, $40M in May 2025, is also its largest on record.

### Who backed aZen Protocol first?

aZen Protocol's first round on record, in May 2025, was backed by DWF Labs.

### What stage is aZen Protocol at?

aZen Protocol's latest named round is a Venture, in May 2025.

### Where is aZen Protocol based?

aZen Protocol is based in New Zealand.

## Companies like aZen Protocol

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

[**Hyades** $634K · Jul 2026](https://millionrounds.com/company/hyades)[**DataMasque** $5.6M · Jun 2026](https://millionrounds.com/company/datamasque)[**Halter** $689M · Mar 2026](https://millionrounds.com/company/halter)[**Polymath** $1.4M · Mar 2026](https://millionrounds.com/company/polymath)[**Hectre** $10M · Feb 2026](https://millionrounds.com/company/hectre)[**Huckleberry** $1.2M · Oct 2025](https://millionrounds.com/company/huckleberry)

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