Mexico · Funded startup

Who invested in Balam

2 rounds we have observed, with the 2 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.

Web3 & Crypto

Funding summaryUpdated 26 Oct 2026

$15Mraised across 2 rounds since 2023, from 2 sources

$400KPre-seed$15MDebt
Latest round
Debt, $15MJun 2025
Step-upi
37.5×
Investors
2
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.

20242025
$400KPre-seed$15MDebt
First round
Pre-seed, $400K
Aug 2023
Biggest round
$15M
Debt · Jun 2025
Between rounds
22 months
from the last two

The rounds

  1. Jun 2025
    Debt$15M1 new

    Source recorded

  2. Aug 2023
    Pre-seed$400K1 new

    Source recorded

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.

Pre-seed2023Debt2025RockstartBanco Sabadell

Everyone who backed them

RockstartAccelerator1round
Banco SabadellVC firm1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Balam

Who invested in Balam?

Balam's investors include Rockstart and Banco Sabadell.

How much has Balam raised?

Balam has raised $15M across 2 rounds since 2023.

When did Balam last raise?

Balam's most recent round was a Debt of $15M in Jun 2025.

What was Balam's biggest round?

Its most recent round, $15M in Jun 2025, is also its largest on record.

Who backed Balam first?

Balam's first round on record, in Aug 2023, was backed by Rockstart.

What stage is Balam at?

Balam's latest named round is a Debt, in Jun 2025.

Where is Balam based?

Balam is based in Mexico.

Companies like Balam

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

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