# Blackwall funding: rounds and investors > Blackwall has raised $162M across 3 rounds since 2024. Investors include MMC Ventures, Dawn Capital and Tera Ventures. Every round with its source. Source: https://millionrounds.com/company/blackwall (Millionrounds; every figure on the page links to its filing or article) United Kingdom · [Series C startup](https://millionrounds.com/companies) # 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. B2B Cloud Cybersecurity Internet Raised 1 month ago Follow Blackwall and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fblackwall) Funding summary Updated 5 Nov 2026 **$162M** raised across 3 rounds since 2024, from 13 sources **$13M** Series A **$49M** Series B **$100M** Series C - **Latest round:** Series C, $100M Oct 2026 - **Led by:** AVP - **Step-up i:** 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. 2025 2026 **$13M** Series A **$49M** Series B **$100M** Series C - **First round:** Series A, $13M - **Biggest round:** $100M - **Usual gap between rounds:** 19 months ## The rounds - **Oct 2026** Series C **$100M** *1 new* *3 returning* [AVP](https://millionrounds.com/fund/avp-2) Lead [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) [Dawn Capital](https://millionrounds.com/fund/dawn-capital) [Tera Ventures](https://millionrounds.com/fund/tera-ventures) Reported by ArcticStartup and 9 others - **Mar 2025** Series B **$49M** *1 new* *1 returning* [Dawn Capital](https://millionrounds.com/fund/dawn-capital) Lead [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) Reported by TechCrunch and 1 other - **Mar 2024** Series A **$13M** *4 new* [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) Lead [Tera Ventures](https://millionrounds.com/fund/tera-ventures) [Expeditions Fund](https://millionrounds.com/fund/expeditions-fund) [Stefan Lindeberg](https://millionrounds.com/fund/stefan-lindeberg) Reported by MMC Ventures ## 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 A** 2024 **Series B** 2025 **Series C** 2026 [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) L [Dawn Capital](https://millionrounds.com/fund/dawn-capital) L [Tera Ventures](https://millionrounds.com/fund/tera-ventures) [AVP](https://millionrounds.com/fund/avp-2) L [Expeditions Fund](https://millionrounds.com/fund/expeditions-fund) [Stefan Lindeberg](https://millionrounds.com/fund/stefan-lindeberg) ## Everyone who backed them [MMC Ventures](https://millionrounds.com/fund/mmc-ventures) VC firm **3** rounds, led 1 [Dawn Capital](https://millionrounds.com/fund/dawn-capital) VC firm **2** rounds, led 1 [Tera Ventures](https://millionrounds.com/fund/tera-ventures) VC firm **2** rounds [AVP](https://millionrounds.com/fund/avp-2) Investment firm **1** round, led 1 [Expeditions Fund](https://millionrounds.com/fund/expeditions-fund) VC firm **1** round [Stefan Lindeberg](https://millionrounds.com/fund/stefan-lindeberg) Angel **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=blackwall). ## 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 Capital](https://millionrounds.com/fund/upfund) Micro VC Per 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. [**Lazarus AI** $43M · Nov 2026](https://millionrounds.com/company/lazarus-ai)[**Nexgen Cloud** $179M · Oct 2026](https://millionrounds.com/company/nexgen-cloud)[**VKE Group** $56M · Oct 2026](https://millionrounds.com/company/vke-group)[**Salience Labs** $169M · Oct 2026](https://millionrounds.com/company/salience-labs)[**SafeToNet** $23M · Sept 2026](https://millionrounds.com/company/safetonet)[**OneClickComply** $2.1M · Sept 2026](https://millionrounds.com/company/oneclickcomply) ## 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