# CytoTronics funding: rounds and investors

> CytoTronics has raised $14M across 1 round since 2024. Investors include Draper Associates, Legend Star and Anzu Partners. Every round with its source.

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

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

# Who invested in *CytoTronics*

One round we have observed, with the 3 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.

Hardware & Electronics

Funding summary Updated 26 Oct 2026

**$14M** raised across 1 round since 2024, from 1 source

- **Latest round:** Seed, $14M Sept 2024
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2024** Seed **$14M** [Draper Associates](https://millionrounds.com/fund/draper-associates) [Legend Star](https://millionrounds.com/fund/legend-star) [Anzu Partners](https://millionrounds.com/fund/anzu-partners) Source recorded SEC filing: $14M sold, first sale Mar 2024

## Founders and team

From CytoTronics's own website: 1 founder, 9 on the team.

**Duane Sword** Co-Founder and CBO

- **Martin Schwalm** VP of Engineering
- **Alan Sieving** Principal Electrical Engineer
- **Alyssa Ludvino** Director of MarCom
- **Braden McKallagat** Senior Data Engineer
- **David Sandrock** Controller
- **Douglas Kahn** Executive Chairman & Director
- **Ishan Nag** Senior Research Associate
- **Nick Watts** Senior Full-Stack Engineer
- **Taylor Braun-Jones** Principal Software Engineer

## Everyone who backed them

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **1** round

[Legend Star](https://millionrounds.com/fund/legend-star) VC firm **1** round

[Anzu Partners](https://millionrounds.com/fund/anzu-partners) Private equity **1** round

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

## Quick answers about CytoTronics

### Who invested in CytoTronics?

CytoTronics's investors include Draper Associates, Legend Star and Anzu Partners.

### How much has CytoTronics raised?

CytoTronics has raised $14M across 1 round since 2024.

### When did CytoTronics last raise?

CytoTronics's most recent round was a Seed of $14M in Sept 2024.

### What was CytoTronics's biggest round?

Its most recent round, $14M in Sept 2024, is also its largest on record.

### Who backed CytoTronics first?

CytoTronics's first round on record, in Sept 2024, was backed by Draper Associates, Legend Star and Anzu Partners.

### What stage is CytoTronics at?

CytoTronics's latest named round is a Seed, in Sept 2024.

### Where is CytoTronics based?

CytoTronics is based in the United States.

## Companies like CytoTronics

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)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app