# Canals funding: rounds and investors

> Canals has raised $35M across 1 round since 2026. Investors include Base10 Partners. Every round with its source.

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

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

# Who invested in *Canals*

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.

AI Logistics Retail Robotics

Raised 5 months ago

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Funding summary Updated 7 Nov 2026

**$35M** raised across 1 round since 2026, from 1 source

- **Latest round:** Series A, $35M May 2026
- **Led by:** Base10 Partners
- **Investors:** 1 (1 led)

See who backed them

## The rounds

- **May 2026** Series A **$35M** [Base10 Partners](https://millionrounds.com/fund/base10-partners) Lead Reported by Ventureburn

## Founders and team

From Canals's own website: 2 founders, 2 on the team.

**Michael Delgado** Co-Founder & CEO

**Erez Arnon** Co-Founder & CTO

- **Austin Reel** Co-Owner, President & CEO
- **Cameron Reel** Sales & CTO

## Everyone who backed them

[Base10 Partners](https://millionrounds.com/fund/base10-partners) VC firm **1** round, led 1

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

## Also claim to have backed them

This firm lists Canals 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.

[Applico Capital](https://millionrounds.com/fund/applico-capital) VC firm Per its own site

## Quick answers about Canals

### Who invested in Canals?

Canals's investors include Base10 Partners. Base10 Partners led its latest round.

### How much has Canals raised?

Canals has raised $35M across 1 round since 2026.

### When did Canals last raise?

Canals's most recent round was a Series A of $35M in May 2026, led by Base10 Partners.

### What was Canals's biggest round?

Its most recent round, $35M in May 2026, is also its largest on record.

### Who backed Canals first?

Canals's first round on record, in May 2026, was backed by Base10 Partners.

### What stage is Canals at?

Canals's latest named round is a Series A, in May 2026.

### Where is Canals based?

Canals is based in the United States.

### Who led Canals's rounds?

Base10 Partners led the Series A in 2026.

## Companies like Canals

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

[**Thinking Machines Lab** $9.0B · Nov 2026](https://millionrounds.com/company/thinking-machines-lab)[**Uncovr** $12M · Nov 2026](https://millionrounds.com/company/uncovr)[**Shield AI** $6.0B · Nov 2026](https://millionrounds.com/company/shield-ai)[**Humble Robotics** $75M · Nov 2026](https://millionrounds.com/company/humble-robotics)[**Harbinger** $500M · Nov 2026](https://millionrounds.com/company/harbinger)[**Ocient** $200M · Nov 2026](https://millionrounds.com/company/ocient)

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