# Elve funding: rounds and investors

> Elve has raised $15M across 1 round since 2024. Investors include Lockheed Martin. Every round with its source.

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

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

# Who invested in *Elve*

One round we have observed, with the one investor 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

**$15M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series A, $15M Feb 2024
- **Investors:** 1

See who backed them

## The rounds

- **Feb 2024** Series A **$15M** [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Source recorded

## Everyone who backed them

[Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **1** round

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

## Quick answers about Elve

### Who invested in Elve?

Elve's investors include Lockheed Martin.

### How much has Elve raised?

Elve has raised $15M across 1 round since 2024.

### When did Elve last raise?

Elve's most recent round was a Series A of $15M in Feb 2024.

### What was Elve's biggest round?

Its most recent round, $15M in Feb 2024, is also its largest on record.

### Who backed Elve first?

Elve's first round on record, in Feb 2024, was backed by Lockheed Martin.

### What stage is Elve at?

Elve's latest named round is a Series A, in Feb 2024.

### Where is Elve based?

Elve is based in the United States.

## Companies like Elve

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)

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