# Balena funding: rounds and investors > Balena has raised $14M across 2 rounds since 2019. Investors include OpenView, Global Brain Corporation and GE Ventures. Every round with its source. Source: https://millionrounds.com/company/balena (Millionrounds; every figure on the page links to its filing or article) United States · [Venture startup](https://millionrounds.com/companies) # 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. Deeptech IoT Raised 10 months ago Funding summary Updated 26 Oct 2026 **$14M** raised across 2 rounds since 2019, from 2 sources - **Latest round:** Venture Jan 2026 - **Biggest round:** $14M Series 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. 2020 2021 2022 2023 2024 2025 2026 **$14M** Series B **?** Venture - **First round:** Series B, $14M - **Biggest round:** $14M - **Between rounds:** 6.4 years ## The rounds - **Jan 2026** Venture **Amount undisclosed** *1 new* [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) Source recorded - **Jul 2019** Series B **$14M** *4 new* [OpenView](https://millionrounds.com/fund/openview) Lead [GE Ventures](https://millionrounds.com/fund/ge-ventures) [Threshold](https://millionrounds.com/fund/threshold) [Aspect Ventures](https://millionrounds.com/fund/aspect-ventures) Reported by FinSMEs ## Founders and team From Balena's own website: 1 founder, 1 on the team. **Flavia Paganelli** Co-founder and Director of Engineering, 30MHz - **Pedro Silva** Head 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 B** 2019 **Venture** 2026 [OpenView](https://millionrounds.com/fund/openview) L [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) [GE Ventures](https://millionrounds.com/fund/ge-ventures) [Threshold](https://millionrounds.com/fund/threshold) [Aspect Ventures](https://millionrounds.com/fund/aspect-ventures) ## Everyone who backed them [OpenView](https://millionrounds.com/fund/openview) VC firm **1** round, led 1 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) VC firm **1** round [GE Ventures](https://millionrounds.com/fund/ge-ventures) Corporate VC **1** round [Threshold](https://millionrounds.com/fund/threshold) VC firm **1** round [Aspect Ventures](https://millionrounds.com/fund/aspect-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=balena). ## 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. [Konsulko Group](https://millionrounds.com/fund/konsulko-group) Investment firm Per its own site [LoneTree](https://millionrounds.com/fund/lonetree) Growth equity Per its own site [ZEP Fund](https://millionrounds.com/fund/zep-fund) VC firm Per its own site ## Quick answers about Balena ### Who invested in Balena? Balena's investors include OpenView, Global Brain Corporation, GE Ventures, Threshold and Aspect Ventures. ### How much has Balena raised? Balena has raised $14M across 2 rounds since 2019. One round did not disclose an amount, so the total is a floor. ### When did Balena last raise? Balena's most recent round was a Venture in Jan 2026. ### What was Balena's biggest round? Balena's largest round on record is $14M (Series B), in Jul 2019, led by OpenView. ### Who backed Balena first? Balena's first round on record, in Jul 2019, was backed by OpenView, GE Ventures and Threshold and 1 others. ### What stage is Balena at? Balena's latest named round is a Venture, in Jan 2026. ### Where is Balena based? Balena is based in the United States. ### Who led Balena's rounds? OpenView led the Series B in 2019. ## Companies like Balena In the same sector, and raised in the last eighteen months. [**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**Oratomic** $775M · Oct 2026](https://millionrounds.com/company/oratomic)[**Quartermaster** $183M · Sept 2026](https://millionrounds.com/company/quartermaster)[**Hubble Network** $270M · Sept 2026](https://millionrounds.com/company/hubble-network) ## 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