United Kingdom · Series C startup

Who invested in Blackwall

3 rounds we have observed, with the 6 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.

B2BCloudCybersecurityInternet

Raised 1 month ago

Funding summaryUpdated 5 Nov 2026

$162Mraised across 3 rounds since 2024, from 13 sources

$13MSeries A$49MSeries B$100MSeries C
Latest round
Series C, $100MOct 2026
Led by
AVP
Step-upi
2×
Investors
6 (3 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.

20252026
$13MSeries A$49MSeries B$100MSeries C
First round
Series A, $13M
Mar 2024
Biggest round
$100M
Series C · Oct 2026
Usual gap between rounds
19 months
the median of 2

The rounds

  1. Oct 2026
    Series C$100M1 new3 returning

    Reported by ArcticStartup and 9 others

  2. Mar 2025
    Series B$49M1 new1 returning

    Reported by TechCrunch and 1 other

  3. Mar 2024

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.

Everyone who backed them

MMC VenturesVC firm3rounds, led 1
Dawn CapitalVC firm2rounds, led 1
Tera VenturesVC firm2rounds
AVPInvestment firm1round, led 1
Expeditions FundVC firm1round
Stefan LindebergAngel1round

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

Also claim to have backed them

This firm lists Blackwall 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.

Upfund CapitalMicro VCPer its own site

Quick answers about Blackwall

Who invested in Blackwall?

Blackwall's investors include MMC Ventures, Dawn Capital, Tera Ventures, AVP and Expeditions Fund, and 1 more on record. AVP led its latest round.

How much has Blackwall raised?

Blackwall has raised $162M across 3 rounds since 2024.

When did Blackwall last raise?

Blackwall's most recent round was a Series C of $100M in Oct 2026, led by AVP.

What was Blackwall's biggest round?

Its most recent round, $100M in Oct 2026, is also its largest on record.

Who backed Blackwall first?

Blackwall's first round on record, in Mar 2024, was backed by MMC Ventures, Tera Ventures and Expeditions Fund and 1 others.

What stage is Blackwall at?

Blackwall's latest named round is a Series C, in Oct 2026.

Where is Blackwall based?

Blackwall is based in the United Kingdom.

Who led Blackwall's rounds?

MMC Ventures led the Series A in 2024; Dawn Capital led the Series B in 2025; AVP led the Series C in 2026.

Companies like Blackwall

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

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