# Element AI funding: rounds and investors > Element AI has raised $253M across 2 rounds since 2017. Investors include BDC Capital, Tengxun Touzi and DCVC. Every round with its source. Source: https://millionrounds.com/company/element-ai (Millionrounds; every figure on the page links to its filing or article) Canada · [Funded startup](https://millionrounds.com/companies) # Who invested in *Element AI* 2 rounds we have observed, with the 15 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. AI Education Funding summary Updated 26 Oct 2026 **$253M** raised across 2 rounds since 2017, from 2 sources **$102M** Series A **$151M** Round - **Latest round:** Round, $151M Sept 2019 - **Step-up i:** 1.5× - **Investors:** 15 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. 2018 2019 **$102M** Series A **$151M** Round - **First round:** Series A, $102M - **Biggest round:** $151M - **Between rounds:** 2.3 years ## The rounds - **Sept 2019** Round **$151M** *6 new* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [DCVC](https://millionrounds.com/fund/data-collective) [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) [McKinsey & Company](https://millionrounds.com/fund/mckinsey-and-company) QuantumBlack Québec government Reported by TechCrunch - **Jun 2017** Series A **$102M** *9 new* [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [Fidelity](https://millionrounds.com/fund/fidelity) [NVIDIA](https://millionrounds.com/fund/nvidia) [Microsoft](https://millionrounds.com/fund/microsoft) [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) [Intel](https://millionrounds.com/fund/intel) [Hanwha](https://millionrounds.com/fund/hanwha) [Data Collective/ Real](https://millionrounds.com/fund/data-collective-real) Development Bank of Canada Reported by FinSMEs ## 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. **Series A** 2017 **Round** 2019 [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) [DCVC](https://millionrounds.com/fund/data-collective) [Fidelity](https://millionrounds.com/fund/fidelity) [NVIDIA](https://millionrounds.com/fund/nvidia) [Microsoft](https://millionrounds.com/fund/microsoft) [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) [Intel](https://millionrounds.com/fund/intel) [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) [McKinsey & Company](https://millionrounds.com/fund/mckinsey-and-company) ## Everyone who backed them [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round [Tengxun Touzi](https://millionrounds.com/fund/tengxun-touzi) VC firm **1** round [DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round [Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round [NVIDIA](https://millionrounds.com/fund/nvidia) Company **1** round [Microsoft](https://millionrounds.com/fund/microsoft) Corporate VC **1** round [National Bank of Canada](https://millionrounds.com/fund/national-bank-of-canada) Private equity **1** round [Intel](https://millionrounds.com/fund/intel) Growth equity **1** round [Hanwha Asset Management](https://millionrounds.com/fund/hanwha-asset-management) VC firm **1** round [McKinsey & Company](https://millionrounds.com/fund/mckinsey-and-company) Corporate VC **1** round [Hanwha](https://millionrounds.com/fund/hanwha) VC firm **1** round [Data Collective/ Real](https://millionrounds.com/fund/data-collective-real) VC firm **1** round Development Bank of Canada no record of our own yet **1** round QuantumBlack no record of our own yet **1** round Québec government no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=element-ai). ## Also claim to have backed them This firm lists Element AI 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. [ApSTAT Technologies](https://millionrounds.com/fund/apstat-technologies) VC firm Per its own site ## Quick answers about Element AI ### Who invested in Element AI? Element AI's investors include BDC Capital, Tengxun Touzi, DCVC, Fidelity and NVIDIA, and 10 more on record. ### How much has Element AI raised? Element AI has raised $253M across 2 rounds since 2017. ### When did Element AI last raise? Element AI's most recent round was an Undisclosed round of $151M in Sept 2019. ### What was Element AI's biggest round? Its most recent round, $151M in Sept 2019, is also its largest on record. ### Who backed Element AI first? Element AI's first round on record, in Jun 2017, was backed by Tengxun Touzi, Fidelity and NVIDIA and 6 others. ### What stage is Element AI at? Element AI's latest named round is an Undisclosed round, in Sept 2019. ### Where is Element AI based? Element AI is based in Canada. ## Companies like Element AI In the same sector, and raised in the last eighteen months. [**Quminex** $1.1M · Oct 2026](https://millionrounds.com/company/quminex)[**Biossil** $153M · Sept 2026](https://millionrounds.com/company/biossil)[**Astrus** $20M · Sept 2026](https://millionrounds.com/company/astrus)[**Altis Labs** $31M · Sept 2026](https://millionrounds.com/company/altis-labs)[**Thri5** $5.4M · Sept 2026](https://millionrounds.com/company/thri5)[**LawZero** $215M · Sept 2026](https://millionrounds.com/company/lawzero) ## 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