# ClimaCell funding: rounds and investors

> ClimaCell has raised $67M across 3 rounds since 2017. Investors include Square Peg, Canaan and SoftBank BB Corp. Every round with its source.

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

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

# Who invested in *ClimaCell*

3 rounds we have observed, with the 8 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.

Deeptech Manufacturing

Funding summary Updated 26 Oct 2026

**$67M** raised across 3 rounds since 2017, from 3 sources

**$15M** Series A **$45M** Series B **$7.0M** Round

- **Latest round:** Round, $7.0M Apr 2019
- **Biggest round:** $45M Series B · Oct 2018
- **Investors:** 8

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.

2018 2019

**$15M** Series A

**$45M** Series B

**$7.0M** Round

- **First round:** Series A, $15M
- **Biggest round:** $45M
- **Usual gap between rounds:** 10 months

## The rounds

- **Apr 2019** Round **$7.0M** *1 new* [SoftBank BB Corp](https://millionrounds.com/fund/softbank) Reported by DealStreetAsia SEC filing: $7.0M sold, first sale Apr 2019
- **Oct 2018** Series B **$45M** *5 new* *1 returning* [Canaan](https://millionrounds.com/fund/canaan-partners) [Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) [Square Peg](https://millionrounds.com/fund/square-peg-2) [JetBlue Ventures](https://millionrounds.com/fund/jetblue-ventures) [Envision Healthcare](https://millionrounds.com/fund/envision-healthcare) Clearvision Ventures/ Ford Smart Mobility Reported by FinSMEs SEC filing: $44M sold, first sale Aug 2018
- **Nov 2017** Series A **$15M** *2 new* [Square Peg](https://millionrounds.com/fund/square-peg-2) Canaan Partners/ Fontinalis Reported by FinSMEs SEC filing: $14M sold, first sale Nov 2017

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Itai Zlotnik** Executive Officer, Director i
- **Rei Goffer** Executive Officer, Director i
- **Shimon Elkabetz** Executive Officer, Director i

On the board, as filed i *Chris Cheever* *Eyal Shavit* *Philippe Schwartz* *Richard Boyle*

## 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.

**Series A** 2017 **Series B** 2018 **Round** 2019 [Square Peg](https://millionrounds.com/fund/square-peg-2) [Canaan](https://millionrounds.com/fund/canaan-partners) [SoftBank BB Corp](https://millionrounds.com/fund/softbank) [Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) [JetBlue Ventures](https://millionrounds.com/fund/jetblue-ventures) [Envision Healthcare](https://millionrounds.com/fund/envision-healthcare) Canaan Partners/ Fontinalis Clearvision Ventures/ Ford Smart Mobility

## Everyone who backed them

[Square Peg](https://millionrounds.com/fund/square-peg-2) VC firm **2** rounds

[Canaan](https://millionrounds.com/fund/canaan-partners) VC firm **1** round

[SoftBank BB Corp](https://millionrounds.com/fund/softbank) Company **1** round

[Fontinalis Partners](https://millionrounds.com/fund/fontinalis-partners) VC firm **1** round

[JetBlue Ventures](https://millionrounds.com/fund/jetblue-ventures) Corporate VC **1** round

[Envision Healthcare](https://millionrounds.com/fund/envision-healthcare) Hedge fund **1** round

Canaan Partners/ Fontinalis no record of our own yet **1** round

Clearvision Ventures/ Ford Smart Mobility no record of our own yet **1** round

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

## Also claim to have backed them

This firm lists ClimaCell 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.

[MIT Alumni Angels Boston](https://millionrounds.com/fund/mit-alumni-angels-boston) Angel network Per its own site

## Quick answers about ClimaCell

### Who invested in ClimaCell?

ClimaCell's investors include Square Peg, Canaan, SoftBank BB Corp, Fontinalis Partners and JetBlue Ventures, and 3 more on record.

### How much has ClimaCell raised?

ClimaCell has raised $67M across 3 rounds since 2017.

### When did ClimaCell last raise?

ClimaCell's most recent round was an Undisclosed round of $7.0M in Apr 2019.

### What was ClimaCell's biggest round?

ClimaCell's largest round on record is $45M (Series B), in Oct 2018.

### Who backed ClimaCell first?

ClimaCell's first round on record, in Nov 2017, was backed by Square Peg and Canaan Partners/ Fontinalis.

### What stage is ClimaCell at?

ClimaCell's latest named round is an Undisclosed round, in Apr 2019.

### Where is ClimaCell based?

ClimaCell is based in the United States.

## Companies like ClimaCell

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

[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)

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