# Critical Loop funding: rounds and investors > Critical Loop has raised $38M across 2 rounds since 2026. Investors include Soma Capital, Hanover and Conifer Infrastructure Partners. Source: https://millionrounds.com/company/critical-loop (Millionrounds; every figure on the page links to its filing or article) United States · [Series A startup](https://millionrounds.com/companies) # Who invested in *Critical Loop* 2 rounds we have observed, with the 7 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. Construction Energy Raised 7 months ago Follow Critical Loop and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fcritical-loop) Funding summary Updated 5 Nov 2026 **$38M** raised across 2 rounds since 2026, from 3 sources **$12M** Venture **$26M** Series A - **Latest round:** Series A, $26M Apr 2026 - **Led by:** Hanover and Conifer Infrastructure Partners - **Step-up i:** 2.1× - **Investors:** 7 (2 led) 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 2027 **$12M** Venture **$26M** Series A - **First round:** Venture, $12M - **Biggest round:** $26M - **Between rounds:** 3 months ## The rounds - **Apr 2026** Series A **$26M** *6 new* *1 returning* [Hanover](https://millionrounds.com/fund/hanover) Lead [Conifer Infrastructure Partners](https://millionrounds.com/fund/conifer-infrastructure-partners) Lead [Soma Capital](https://millionrounds.com/fund/soma-capital) [Better Ventures](https://millionrounds.com/fund/better-ventures) [Climate Capital](https://millionrounds.com/fund/climate-capital) [Adapt Nation Capital](https://millionrounds.com/fund/adapt-nation-capital) [Cyrus Ventures](https://millionrounds.com/fund/cyrus-ventures) Reported by TechStartups and 1 other SEC filing: $12M sold, first sale Jan 2026 - **Jan 2026** Venture **$12M** *1 new* [Soma Capital](https://millionrounds.com/fund/soma-capital) Source recorded SEC filing: $12M sold, first sale Jan 2026 ## Funding filed with regulators Critical Loop filed one raise, $12M in all. Filings say how much was sold and to how many investors; they never name the investors. - Jan 2026 **$12M** 28 investors of $37M offered SEC Form D ## Founders and team From Critical Loop's own website: 3 founders, 4 on the team. **Bala Ramamurthy** Chief Executive Officer & Co-Founder **Andrew Grinalds** Chief Operating Officer & Co-Founder **Lydia Maher** Chief Technology Officer & Co-Founder - **Nanna Saito Nielsen** Chief Business Officer - **Chip Leigh** Head of Project Engineering - **Cody Thornton** Head of Revenue and Operations - **Peter Bauman** Director of Business Development ## 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. **Venture** 2026 **Series A** 2026 [Soma Capital](https://millionrounds.com/fund/soma-capital) [Hanover](https://millionrounds.com/fund/hanover) L [Conifer Infrastructure Partners](https://millionrounds.com/fund/conifer-infrastructure-partners) L [Better Ventures](https://millionrounds.com/fund/better-ventures) [Climate Capital](https://millionrounds.com/fund/climate-capital) [Adapt Nation Capital](https://millionrounds.com/fund/adapt-nation-capital) [Cyrus Ventures](https://millionrounds.com/fund/cyrus-ventures) ## Everyone who backed them [Soma Capital](https://millionrounds.com/fund/soma-capital) VC firm **2** rounds [Hanover](https://millionrounds.com/fund/hanover) VC firm **1** round, led 1 [Conifer Infrastructure Partners](https://millionrounds.com/fund/conifer-infrastructure-partners) Venture studio **1** round, led 1 [Better Ventures](https://millionrounds.com/fund/better-ventures) VC firm **1** round [Climate Capital](https://millionrounds.com/fund/climate-capital) VC firm **1** round [Adapt Nation Capital](https://millionrounds.com/fund/adapt-nation-capital) VC firm **1** round [Cyrus Ventures](https://millionrounds.com/fund/cyrus-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=critical-loop). ## Also claim to have backed them These 2 firms list Critical Loop as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Earthrise Ventures](https://millionrounds.com/fund/earthrise-ventures) VC firm Per its own site [Resilient Systems Capital](https://millionrounds.com/fund/resilient-systems-capital) Investment firm Per its own site ## Quick answers about Critical Loop ### Who invested in Critical Loop? Critical Loop's investors include Soma Capital, Hanover, Conifer Infrastructure Partners, Better Ventures and Climate Capital, and 2 more on record. Hanover led its latest round. ### How much has Critical Loop raised? Critical Loop has raised $38M across 2 rounds since 2026. ### When did Critical Loop last raise? Critical Loop's most recent round was a Series A of $26M in Apr 2026, led by Hanover. ### What was Critical Loop's biggest round? Its most recent round, $26M in Apr 2026, is also its largest on record. ### Who backed Critical Loop first? Critical Loop's first round on record, in Jan 2026, was backed by Soma Capital. ### What stage is Critical Loop at? Critical Loop's latest named round is a Series A, in Apr 2026. ### Where is Critical Loop based? Critical Loop is based in the United States. ### Who led Critical Loop's rounds? Hanover led the Series A in 2026. ## Companies like Critical Loop In the same sector, and raised in the last eighteen months. 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