# COnovate funding: rounds and investors

> COnovate has raised $1.0M across 1 round since 2024. Investors include National Science Foundation and US Department of Energy. Every round with its source.

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

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

# Who invested in *COnovate*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Energy

Funding summary Updated 26 Oct 2026

**$1.0M** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $1.0M Dec 2024
- **Investors:** 2

See who backed them

## The rounds

- **Dec 2024** Grant **$1.0M** [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded SEC filing: $2.5M sold, first sale Dec 2024

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

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

## Quick answers about COnovate

### Who invested in COnovate?

COnovate's investors include National Science Foundation and US Department of Energy.

### How much has COnovate raised?

COnovate has raised $1.0M across 1 round since 2024.

### When did COnovate last raise?

COnovate's most recent round was a Grant of $1.0M in Dec 2024.

### What was COnovate's biggest round?

Its most recent round, $1.0M in Dec 2024, is also its largest on record.

### Who backed COnovate first?

COnovate's first round on record, in Dec 2024, was backed by National Science Foundation and US Department of Energy.

### What stage is COnovate at?

COnovate's latest named round is a Grant, in Dec 2024.

### Where is COnovate based?

COnovate is based in the United States.

## Companies like COnovate

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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