Who invested in Balena

2 rounds we have observed, with the 5 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.

DeeptechIoT

Raised 10 months ago

Funding summaryUpdated 26 Oct 2026

$14Mraised across 2 rounds since 2019, from 2 sources

Latest round: VentureJan 2026
Biggest round: $14MSeries B · Jul 2019
Investors: 5 (1 led)

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.

2020202120222023202420252026

$14MSeries B?Venture

First round: Series B, $14M
Biggest round: $14M
Between rounds: 6.4 years

The rounds

Jan 2026
VentureAmount undisclosed1 new
- Global Brain Corporation
Source recorded
Jul 2019
Series B$14M4 new
Reported by FinSMEs

Founders and team

From Balena's own website: 1 founder, 1 on the team.

Flavia PaganelliCo-founder and Director of Engineering, 30MHz

Pedro SilvaHead of Software and IoT, infarm

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.

Series B2019Venture2026

OpenViewL

Global Brain Corporation

GE Ventures

Threshold

Aspect Ventures

Everyone who backed them

OpenViewVC firm1round, led 1

Global Brain CorporationVC firm1round

GE VenturesCorporate VC1round

ThresholdVC firm1round

Aspect VenturesVC firm1round

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

Also claim to have backed them

These 3 firms list Balena 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.