# Blue Whale Materials funding: rounds and investors

> Blue Whale Materials has raised $55M across 1 round since 2024. Investors include US Department of Energy. Every round with its source.

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

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

# Who invested in *Blue Whale Materials*

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.

Climate Tech

Funding summary Updated 26 Oct 2026

**$55M** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $55M Sept 2024
- **Investors:** 1

See who backed them

## The rounds

- **Sept 2024** Grant **$55M** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

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

## Also claim to have backed them

This firm lists Blue Whale Materials 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.

[Ara Partners](https://millionrounds.com/fund/ara-partners) Private equity Per its own site

## Quick answers about Blue Whale Materials

### Who invested in Blue Whale Materials?

Blue Whale Materials's investors include US Department of Energy.

### How much has Blue Whale Materials raised?

Blue Whale Materials has raised $55M across 1 round since 2024.

### When did Blue Whale Materials last raise?

Blue Whale Materials's most recent round was a Grant of $55M in Sept 2024.

### What was Blue Whale Materials's biggest round?

Its most recent round, $55M in Sept 2024, is also its largest on record.

### Who backed Blue Whale Materials first?

Blue Whale Materials's first round on record, in Sept 2024, was backed by US Department of Energy.

### What stage is Blue Whale Materials at?

Blue Whale Materials's latest named round is a Grant, in Sept 2024.

### Where is Blue Whale Materials based?

Blue Whale Materials is based in the United States.

## Companies like Blue Whale Materials

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Stand** $105M · Oct 2026](https://millionrounds.com/company/stand)

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