# ELFi funding: rounds and investors

> ELFi has raised $5.0M across 1 round since 2024. Investors include IDG Capital and KuCoin Labs. Every round with its source.

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

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

# Who invested in *ELFi*

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.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$5.0M** raised across 1 round since 2024, from 1 source

- **Latest round:** Seed, $5.0M May 2024
- **Investors:** 2

See who backed them

## The rounds

- **May 2024** Seed **$5.0M** [IDG Capital](https://millionrounds.com/fund/idg-capital) [KuCoin Labs](https://millionrounds.com/fund/kucoin-labs) Source recorded

## Everyone who backed them

[IDG Capital](https://millionrounds.com/fund/idg-capital) Private equity **1** round

[KuCoin Labs](https://millionrounds.com/fund/kucoin-labs) Corporate VC **1** round

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

## Quick answers about ELFi

### Who invested in ELFi?

ELFi's investors include IDG Capital and KuCoin Labs.

### How much has ELFi raised?

ELFi has raised $5.0M across 1 round since 2024.

### When did ELFi last raise?

ELFi's most recent round was a Seed of $5.0M in May 2024.

### What was ELFi's biggest round?

Its most recent round, $5.0M in May 2024, is also its largest on record.

### Who backed ELFi first?

ELFi's first round on record, in May 2024, was backed by IDG Capital and KuCoin Labs.

### What stage is ELFi at?

ELFi's latest named round is a Seed, in May 2024.

## Companies like ELFi

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

[**OpenFX** $94M · Mar 2026](https://millionrounds.com/company/openfx)[**VeryAI** $10M · Mar 2026](https://millionrounds.com/company/veryai)[**OP_NET** $5.0M · Mar 2026](https://millionrounds.com/company/op-net)[**Utexo** $7.5M · Mar 2026](https://millionrounds.com/company/utexo)[**Stacks** $23M · Feb 2026](https://millionrounds.com/company/stacks)[**Kresus Labs** $13M · Feb 2026](https://millionrounds.com/company/kresus-labs)

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