# Candam funding: rounds and investors

> Candam has raised $1.5M across 2 rounds since 2024. Investors include MassChallenge, EIT InnoEnergy and EASME - EU Executive Agency for SMEs.

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

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

# Who invested in *Candam*

2 rounds we have observed, with the 3 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.

Cleantech

Funding summary Updated 26 Oct 2026

**$1.5M** raised across 2 rounds since 2024, from 2 sources

**$1.3M** Venture **$157K** Grant

- **Latest round:** Grant, $157K Jul 2025
- **Biggest round:** $1.3M Venture · Nov 2024
- **Investors:** 3

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

**$1.3M** Venture

**$157K** Grant

- **First round:** Venture, $1.3M
- **Biggest round:** $1.3M
- **Between rounds:** 8 months

## The rounds

- **Jul 2025** Grant **$157K** *2 returning* [MassChallenge](https://millionrounds.com/fund/masschallenge) [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) Source recorded
- **Nov 2024** Venture **$1.3M** *3 new* [MassChallenge](https://millionrounds.com/fund/masschallenge) [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) Source recorded

## 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.

**Venture** 2024 **Grant** 2025 [MassChallenge](https://millionrounds.com/fund/masschallenge) [EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi)

## Everyone who backed them

[MassChallenge](https://millionrounds.com/fund/masschallenge) Accelerator **2** rounds

[EIT InnoEnergy](https://millionrounds.com/fund/innoenergy) VC firm **2** rounds

[EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) Government **1** round

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

## Also claim to have backed them

This firm lists Candam 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.

[Beta Capital](https://millionrounds.com/fund/beta-capital-2) VC firm Per its own site

## Quick answers about Candam

### Who invested in Candam?

Candam's investors include MassChallenge, EIT InnoEnergy and EASME - EU Executive Agency for SMEs.

### How much has Candam raised?

Candam has raised $1.5M across 2 rounds since 2024.

### When did Candam last raise?

Candam's most recent round was a Grant of $157K in Jul 2025.

### What was Candam's biggest round?

Candam's largest round on record is $1.3M (Venture), in Nov 2024.

### Who backed Candam first?

Candam's first round on record, in Nov 2024, was backed by MassChallenge, EIT InnoEnergy and EASME - EU Executive Agency for SMEs.

### What stage is Candam at?

Candam's latest named round is a Grant, in Jul 2025.

### Where is Candam based?

Candam is based in Spain.

## Companies like Candam

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

[**HVR Energy** $23M · Sept 2026](https://millionrounds.com/company/hvr-energy)[**X1 Wind** $9.6M · Jul 2026](https://millionrounds.com/company/x1-wind)[**XFuel** $41M · May 2026](https://millionrounds.com/company/xfuel)[**bound4blue** $44M · Dec 2025](https://millionrounds.com/company/bound4blue)[**HySun** $3.5M · Oct 2025](https://millionrounds.com/company/hysun)[**Ingelia** $791K · Sept 2025](https://millionrounds.com/company/ingelia)

## Find investors like these

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