# CarboNet funding: rounds and investors

> CarboNet has raised $20M across 2 rounds since 2019. Investors include Go Capital. Every round with its source.

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

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

# Who invested in *CarboNet*

2 rounds we have observed, with the one investor 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.

Chemicals & Materials Cleantech

Funding summary Updated 26 Oct 2026

**$20M** raised across 2 rounds since 2019, from 2 sources

**$5.5M** Round **$14M** Venture

- **Latest round:** Venture, $14M Feb 2022
- **Step-up i:** 2.6×
- **Investors:** 1

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.

2019 2020 2021 2022

**$5.5M** Round

**$14M** Venture

- **First round:** Round, $5.5M
- **Biggest round:** $14M
- **Between rounds:** 2.9 years

## The rounds

- **Feb 2022** Venture **$14M** *1 new* [Go Capital](https://millionrounds.com/fund/go-capital) Source recorded
- **Mar 2019** Round **$5.5M** No investor was named in the report. Reported by Biv

## Founders and team

From CarboNet's own website: 8 on the team.

- **Barry Yates** Cofounder / CEO
- **Amielle Lake** Cofounder / Chief Commercial Officer
- **Bill Schonbrun** Cofounder / Chief Operating Officer
- **Michael Carlson** Cofounder / Chief Technology Officer
- **Akhil Abat** Director
- **Eric Schwitzer** Director
- **Jim Fletcher** Board Chair
- **Terry Mah** Director

## Everyone who backed them

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

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

## Quick answers about CarboNet

### Who invested in CarboNet?

CarboNet's investors include Go Capital.

### How much has CarboNet raised?

CarboNet has raised $20M across 2 rounds since 2019.

### When did CarboNet last raise?

CarboNet's most recent round was a Venture of $14M in Feb 2022.

### What was CarboNet's biggest round?

Its most recent round, $14M in Feb 2022, is also its largest on record.

### Who backed CarboNet first?

CarboNet's first round on record, in Feb 2022, was backed by Go Capital.

### What stage is CarboNet at?

CarboNet's latest named round is a Venture, in Feb 2022.

### Where is CarboNet based?

CarboNet is based in Canada.

## Companies like CarboNet

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

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Meissner** $2.6M · Sept 2026](https://millionrounds.com/company/meissner)[**Cyclic Materials** $150M · Aug 2026](https://millionrounds.com/company/cyclic-materials)[**TetraGen Robotics** $1.3M · Aug 2026](https://millionrounds.com/company/tetragen-robotics)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)

## Find investors like these

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