# Carbon funding: rounds and investors

> Carbon has raised $62M across 2 rounds since 2025. Investors include Sequoia Capital, Innovate UK and Temasek Holdings. Every round with its source.

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

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

# Who invested in *Carbon*

2 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.

Advanced Manufacturing Industry 4.0 Manufacturing

Raised 12 months ago Valuation: $2.4B, Mar 2026

Funding summary Updated 26 Oct 2026

**$62M** raised across 2 rounds since 2025, from 4 sources

**$2.1M** Seed **$60M** Venture

- **Latest round:** Venture, $60M Nov 2025
- **Step-up i:** 28.6×
- **Investors:** 6

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.

2026

**$2.1M** Seed

**$60M** Venture

- **First round:** Seed, $2.1M
- **Biggest round:** $60M
- **Between rounds:** 8 months

## The rounds

- **Nov 2025** Venture **$60M** *3 new* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Fidelity](https://millionrounds.com/fund/fidelity) Source recorded
- **Mar 2025** Seed **$2.1M** *3 new* [Innovate UK](https://millionrounds.com/fund/innovate-uk) [NAP](https://millionrounds.com/fund/nap) [SBI Group](https://millionrounds.com/fund/sbi-group) Source recorded and 2 others

## 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.

**Seed** 2025 **Venture** 2025 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Innovate UK](https://millionrounds.com/fund/innovate-uk) [Temasek Holdings](https://millionrounds.com/fund/temasek) [Fidelity](https://millionrounds.com/fund/fidelity) [NAP](https://millionrounds.com/fund/nap) [SBI Group](https://millionrounds.com/fund/sbi-group)

## Everyone who backed them

[Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) VC firm **1** round

[Innovate UK](https://millionrounds.com/fund/innovate-uk) VC firm **1** round

[Temasek Holdings](https://millionrounds.com/fund/temasek) VC firm **1** round

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

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

[SBI Group](https://millionrounds.com/fund/sbi-group) Growth equity **1** round

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

## Quick answers about Carbon

### Who invested in Carbon?

Carbon's investors include Sequoia Capital, Innovate UK, Temasek Holdings, Fidelity and NAP, and 1 more on record.

### How much has Carbon raised?

Carbon has raised $62M across 2 rounds since 2025.

### When did Carbon last raise?

Carbon's most recent round was a Venture of $60M in Nov 2025.

### What was Carbon's biggest round?

Its most recent round, $60M in Nov 2025, is also its largest on record.

### Who backed Carbon first?

Carbon's first round on record, in Mar 2025, was backed by Innovate UK, NAP and SBI Group.

### What stage is Carbon at?

Carbon's latest named round is a Venture, in Nov 2025.

### Where is Carbon based?

Carbon is based in the United States.

## Companies like Carbon

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)

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