# Bay Energy funding: rounds and investors

> Bay Energy has raised $14M across 1 round since 2023. Investors include Xiaomi. Every round with its source.

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

[Series A startup](https://millionrounds.com/companies)

# Who invested in *Bay Energy*

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.

Chemicals & Materials

Funding summary Updated 26 Oct 2026

**$14M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series A, $14M May 2023
- **Investors:** 1

See who backed them

## The rounds

- **May 2023** Series A **$14M** [Xiaomi](https://millionrounds.com/fund/xiaomi) Source recorded

## Everyone who backed them

[Xiaomi](https://millionrounds.com/fund/xiaomi) Investment firm **1** round

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

## Quick answers about Bay Energy

### Who invested in Bay Energy?

Bay Energy's investors include Xiaomi.

### How much has Bay Energy raised?

Bay Energy has raised $14M across 1 round since 2023.

### When did Bay Energy last raise?

Bay Energy's most recent round was a Series A of $14M in May 2023.

### What was Bay Energy's biggest round?

Its most recent round, $14M in May 2023, is also its largest on record.

### Who backed Bay Energy first?

Bay Energy's first round on record, in May 2023, was backed by Xiaomi.

### What stage is Bay Energy at?

Bay Energy's latest named round is a Series A, in May 2023.

## Companies like Bay Energy

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

[**Kingwills New Materials** Feb 2026](https://millionrounds.com/company/kingwills-new-materials)[**Ming Gallium Semiconductor** $16M · Jan 2026](https://millionrounds.com/company/ming-gallium-semiconductor)[**Xinshinuo Semiconductor** $71M · Dec 2025](https://millionrounds.com/company/xinshinuo-semiconductor)[**Gazer** $14M · Dec 2025](https://millionrounds.com/company/gazer)[**Guoyi Quantum** $18M · Oct 2025](https://millionrounds.com/company/guoyi-quantum)[**Distil** $7.7M · Sept 2025](https://millionrounds.com/company/distil)

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