# Cycles funding: rounds and investors

> Cycles has raised $8.7M across 2 rounds since 2025. Investors include Maven 11 Capital, Coinbase Ventures and Change Ventures. Every round with its source.

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

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

# Who invested in *Cycles*

2 rounds we have observed, with the 6 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.

Financial Services

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$8.7M** raised across 2 rounds since 2025, from 2 sources

**$2.3M** Pre-seed **$6.4M** Seed

- **Latest round:** Seed, $6.4M May 2026
- **Step-up i:** 2.8×
- **Investors:** 6

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

**$2.3M** Pre-seed

**$6.4M** Seed

- **First round:** Pre-seed, $2.3M
- **Biggest round:** $6.4M
- **Between rounds:** 12 months

## The rounds

- **May 2026** Seed **$6.4M** *4 new* *1 returning* [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Change Ventures](https://millionrounds.com/fund/change-ventures) [Compound](https://millionrounds.com/fund/compound-4) [Maven 11 Capital](https://millionrounds.com/fund/maven-11) [Blockchange Ventures](https://millionrounds.com/fund/blockchange-ventures) Source recorded
- **May 2025** Pre-seed **$2.3M** *2 new* [Maven 11 Capital](https://millionrounds.com/fund/maven-11) [Nascent](https://millionrounds.com/fund/nascent) 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.

**Pre-seed** 2025 **Seed** 2026 [Maven 11 Capital](https://millionrounds.com/fund/maven-11) [Coinbase Ventures](https://millionrounds.com/fund/coinbase) [Change Ventures](https://millionrounds.com/fund/change-ventures) [Compound](https://millionrounds.com/fund/compound-4) [Blockchange Ventures](https://millionrounds.com/fund/blockchange-ventures) [Nascent](https://millionrounds.com/fund/nascent)

## Everyone who backed them

[Maven 11 Capital](https://millionrounds.com/fund/maven-11) VC firm **2** rounds

[Coinbase Ventures](https://millionrounds.com/fund/coinbase) Corporate VC **1** round

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

[Compound](https://millionrounds.com/fund/compound-4) VC firm **1** round

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

[Nascent](https://millionrounds.com/fund/nascent) VC firm **1** round

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

## Also claim to have backed them

This firm lists Cycles 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.

[Titan Fund](https://millionrounds.com/fund/titan-fund) VC firm Per its own site

## Quick answers about Cycles

### Who invested in Cycles?

Cycles's investors include Maven 11 Capital, Coinbase Ventures, Change Ventures, Compound and Blockchange Ventures, and 1 more on record.

### How much has Cycles raised?

Cycles has raised $8.7M across 2 rounds since 2025.

### When did Cycles last raise?

Cycles's most recent round was a Seed of $6.4M in May 2026.

### What was Cycles's biggest round?

Its most recent round, $6.4M in May 2026, is also its largest on record.

### Who backed Cycles first?

Cycles's first round on record, in May 2025, was backed by Maven 11 Capital and Nascent.

### What stage is Cycles at?

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

### Where is Cycles based?

Cycles is based in Switzerland.

## Companies like Cycles

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

[**Porters** $3.2M · Feb 2026](https://millionrounds.com/company/porters)[**Correntics** $1.6M · Nov 2025](https://millionrounds.com/company/correntics)[**Teylor** $176M · Oct 2025](https://millionrounds.com/company/teylor)[**hypt** $2.1M · Sept 2025](https://millionrounds.com/company/hypt)[**Ariadne** $7.3M · Aug 2025](https://millionrounds.com/company/ariadne)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)

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