# Config funding: rounds and investors

> Config has raised $32M across 2 rounds since 2023. Investors include Korea Development Bank, Kakao Ventures and Lachy Groom. Every round with its source.

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

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

# Who invested in *Config*

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.

Hardware & Electronics

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$32M** raised across 2 rounds since 2023, from 2 sources

**$5.0M** Seed **$27M** Seed

- **Latest round:** Seed, $27M May 2026
- **Step-up i:** 5.4×
- **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.

2024 2025 2026

**$5.0M** Seed

**$27M** Seed

- **First round:** Seed, $5.0M
- **Biggest round:** $27M
- **Between rounds:** 2.9 years

## The rounds

- **May 2026** Seed **$27M** *2 new* [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [Kakao Ventures](https://millionrounds.com/fund/kakao-ventures) Source recorded
- **Jun 2023** Seed **$5.0M** *1 new* [Lachy Groom](https://millionrounds.com/fund/lachy-groom) 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.

**Seed** 2023 **Seed** 2026 [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) [Kakao Ventures](https://millionrounds.com/fund/kakao-ventures) [Lachy Groom](https://millionrounds.com/fund/lachy-groom)

## Everyone who backed them

[Korea Development Bank](https://millionrounds.com/fund/korea-development-bank) Government **1** round

[Kakao Ventures](https://millionrounds.com/fund/kakao-ventures) VC firm **1** round

[Lachy Groom](https://millionrounds.com/fund/lachy-groom) Angel **1** round

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

## Also claim to have backed them

This firm lists Config 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.

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC Per its own site

## Quick answers about Config

### Who invested in Config?

Config's investors include Korea Development Bank, Kakao Ventures and Lachy Groom.

### How much has Config raised?

Config has raised $32M across 2 rounds since 2023.

### When did Config last raise?

Config's most recent round was a Seed of $27M in May 2026.

### What was Config's biggest round?

Its most recent round, $27M in May 2026, is also its largest on record.

### Who backed Config first?

Config's first round on record, in Jun 2023, was backed by Lachy Groom.

### What stage is Config at?

Config's latest named round is a Seed, in May 2026.

### Where is Config based?

Config is based in the United States.

## Companies like Config

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

[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Sabi** $50M · Oct 2026](https://millionrounds.com/company/sabi)[**Ringon** $70K · Oct 2026](https://millionrounds.com/company/ringon)[**Relay** $207M · Oct 2026](https://millionrounds.com/company/relay)[**SiMa.ai** $235M · Sept 2026](https://millionrounds.com/company/sima-ai)

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