# Baniql funding: rounds and investors

> Baniql has raised $1.6M across 2 rounds since 2024. Investors include BEENEXT, 500 Global and Genesia Ventures. Every round with its source.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Baniql*

2 rounds we have observed, with the 4 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.

Oil & Gas

Funding summary Updated 26 Oct 2026

**$1.6M** raised across 2 rounds since 2024, from 2 sources

- **Latest round:** Venture Oct 2025
- **Biggest round:** $1.6M Seed · May 2024
- **Investors:** 4

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.

2025

**$1.6M** Seed

**?** Venture

- **First round:** Seed, $1.6M
- **Biggest round:** $1.6M
- **Between rounds:** 17 months

## The rounds

- **Oct 2025** Venture **Amount undisclosed** *2 new* *1 returning* [500 Global](https://millionrounds.com/fund/500-startups) [BEENEXT](https://millionrounds.com/fund/beenext) [Genesia Ventures](https://millionrounds.com/fund/genesia-ventures) Source recorded
- **May 2024** Seed **$1.6M** *2 new* [BEENEXT](https://millionrounds.com/fund/beenext) [Seedstars](https://millionrounds.com/fund/seedstars) Source recorded

## Founders and team

From Baniql's own website: 3 founders, 12 on the team.

**Eric Januar** CEO & Co-Founder

**Willy Halim** CTO & Co-Founder

**Aristotle Vergara** Facility Director & Co-Founder

- **Yuriko Ishihara** Chief Financial Officer (Fractional)
- **Asep Rukanda** Head of HSE & General Affairs
- **Buyung Rachminto** Head of Technical & Facility
- **Doni Setiawan** Head of HSE & General Affairs
- **Alamsyah Puteh** Junior Process Engineer
- **Chaerin Lee** R&D Engineer
- **Desri Mahramuna** Junior Process Engineer
- **Fadhillah Annas** Junior Process Engineer
- **Helen Jacquez** Marketing & Communications Intern
- **Isnain Dintanio** Director of Operations
- **Jason Djuandy** Data Engineer
- **Tommy Effendy** Director of Project Resources & Exploration

Advisers *Alex Miller* *Ankit Upadhyay* *Audrey Fages* *Nahyung Kim* *Seirendra Maharlika*

## 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** 2024 **Venture** 2025 [BEENEXT](https://millionrounds.com/fund/beenext) [500 Global](https://millionrounds.com/fund/500-startups) [Genesia Ventures](https://millionrounds.com/fund/genesia-ventures) [Seedstars](https://millionrounds.com/fund/seedstars)

## Everyone who backed them

[BEENEXT](https://millionrounds.com/fund/beenext) VC firm **2** rounds

[500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round

[Genesia Ventures](https://millionrounds.com/fund/genesia-ventures) VC firm **1** round

[Seedstars](https://millionrounds.com/fund/seedstars) Accelerator **1** round

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

## Also claim to have backed them

This firm lists Baniql as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[A2D Ventures](https://millionrounds.com/fund/a2d-ventures) Accelerator Per its own site

## Quick answers about Baniql

### Who invested in Baniql?

Baniql's investors include BEENEXT, 500 Global, Genesia Ventures and Seedstars.

### How much has Baniql raised?

Baniql has raised $1.6M across 2 rounds since 2024. One round did not disclose an amount, so the total is a floor.

### When did Baniql last raise?

Baniql's most recent round was a Venture in Oct 2025.

### What was Baniql's biggest round?

Baniql's largest round on record is $1.6M (Seed), in May 2024.

### Who backed Baniql first?

Baniql's first round on record, in May 2024, was backed by BEENEXT and Seedstars.

### What stage is Baniql at?

Baniql's latest named round is a Venture, in Oct 2025.

### Where is Baniql based?

Baniql is based in the United States.

## Companies like Baniql

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

[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**Giraffe Bio** $13M · Oct 2026](https://millionrounds.com/company/giraffe-bio)[**Big Blue Technologies** $550K · Oct 2026](https://millionrounds.com/company/big-blue-technologies)[**Princeton Critical Minerals** $21M · Aug 2026](https://millionrounds.com/company/princeton-critical-minerals)[**Cuprum Metals** $19M · Jun 2026](https://millionrounds.com/company/cuprum-metals)[**Atana Elements** $28M · Jun 2026](https://millionrounds.com/company/atana-elements)

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