# BURN funding: rounds and investors

> BURN has raised $80M across 1 round since 2025. Investors include European Investment Bank and Acumen. Every round with its source.

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

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

# Who invested in *BURN*

One round we have observed, with the 2 investors 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.

Cleantech

Funding summary Updated 26 Oct 2026

**$80M** raised across 1 round since 2025, from 1 source

- **Latest round:** Debt, $80M Jun 2025
- **Investors:** 2

See who backed them

## The rounds

- **Jun 2025** Debt **$80M** [European Investment Bank](https://millionrounds.com/fund/european-investment-bank) [Acumen](https://millionrounds.com/fund/acumen) Source recorded

## The exit

Exit Buyer Price When

Acquired HZDG $5.0M Dec 2015

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=burn).

## Everyone who backed them

[European Investment Bank](https://millionrounds.com/fund/european-investment-bank) Government **1** round

[Acumen](https://millionrounds.com/fund/acumen) VC firm **1** round

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

## Quick answers about BURN

### Who invested in BURN?

BURN's investors include European Investment Bank and Acumen.

### How much has BURN raised?

BURN has raised $80M across 1 round since 2025.

### When did BURN last raise?

BURN's most recent round was a Debt of $80M in Jun 2025.

### What was BURN's biggest round?

Its most recent round, $80M in Jun 2025, is also its largest on record.

### Who backed BURN first?

BURN's first round on record, in Jun 2025, was backed by European Investment Bank and Acumen.

### What stage is BURN at?

BURN's latest named round is a Debt, in Jun 2025.

## Companies like BURN

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

[**RoboForce** $62M · Mar 2026](https://millionrounds.com/company/roboforce)[**Newtrace** $6.2M · Mar 2026](https://millionrounds.com/company/newtrace)[**PCG Power** Jan 2026](https://millionrounds.com/company/pcg-power)[**Chara Technologies** $5.9M · Oct 2025](https://millionrounds.com/company/chara-technologies)[**Chakr Innovation** $23M · Sept 2025](https://millionrounds.com/company/chakr-innovation)[**Ariya Finergy** $582K · Aug 2025](https://millionrounds.com/company/ariya-finergy)

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