# Emerald AI funding: rounds and investors

> Emerald AI has raised $173M across 2 rounds since 2026. Investors include Energy Impact Partners, Radical Ventures and DCVC. Every round with its source.

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

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

# Who invested in *Emerald AI*

2 rounds we have observed, with the 19 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 Big Data & Analytics Cloud Energy

Raised 2 months ago

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Funding summary Updated 5 Nov 2026

**$173M** raised across 2 rounds since 2026, from 4 sources

**$23M** Seed **$150M** Series A

- **Latest round:** Series A, $150M Aug 2026
- **Led by:** DCVC and Energize Capital
- **Step-up i:** 6.6×
- **Investors:** 19 (2 led)

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.

2027

**$23M** Seed

**$150M** Series A

- **First round:** Seed, $23M
- **Biggest round:** $150M
- **Between rounds:** 7 months

## The rounds

- **Aug 2026** Series A **$150M** *14 new* *2 returning* [DCVC](https://millionrounds.com/fund/data-collective) Lead [Energize Capital](https://millionrounds.com/fund/energize-capital) Lead [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [NVIDIA](https://millionrounds.com/fund/nvidia) [In-Q-Tel](https://millionrounds.com/fund/iqt) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) [Siemens](https://millionrounds.com/fund/siemens) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [Samsung Ventures](https://millionrounds.com/fund/samsung-ventures) [Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) [Emerson Collective](https://millionrounds.com/fund/emerson-collective) [RWE](https://millionrounds.com/fund/rwe) [GE Vernova](https://millionrounds.com/fund/ge-vernova) [JERA Ventures](https://millionrounds.com/fund/jera-ventures) Reported by QRM Capital and 2 others SEC filing: $90M sold
- **Feb 2026** Seed **$23M** *5 new* [CRV](https://millionrounds.com/fund/crv) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [nVentures](https://millionrounds.com/fund/nventures-2) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [Amplo](https://millionrounds.com/fund/amplo) Source recorded SEC filing: $23M sold, first sale Feb 2026

## Funding filed with regulators

Emerald AI filed 5 raises, $159M in all. Filings say how much was sold and to how many investors; they never name the investors.

- Aug 2026 **$90M** 23 investors of $150M offered SEC Form D
- Feb 2026 **$23M** 20 investors of $25M offered SEC Form D
- Jul 2025 **$34M** 37 investors of $35M offered SEC Form D
- Dec 2024 **$5.0M** 22 investors of $5.0M offered SEC Form D
- Nov 2024 **$7.3M** 13 investors of $7.4M offered SEC Form D

## Founders and team

From Emerald AI's own website: 1 founder, 6 on the team.

**Dr. Varun Sivaram** CEO and Founder

- **Prof. Fei-Fei Li** Professor, Stanford University, CEO World Labs
- **Aroon Vijaykar** Chief Commercial Officer
- **Prof. Ayse Coskun** Chief Scientist
- **Mansi Shah** Head of Product
- **Shayan Sengupta** Head of Engineering
- **Recent Recognition** Board of Directors

## 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.

**Seed** 2026 **Series A** 2026 [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Radical Ventures](https://millionrounds.com/fund/radical-ventures) [DCVC](https://millionrounds.com/fund/data-collective) L [Energize Capital](https://millionrounds.com/fund/energize-capital) L [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [CRV](https://millionrounds.com/fund/crv) [NVIDIA](https://millionrounds.com/fund/nvidia) [In-Q-Tel](https://millionrounds.com/fund/iqt) [Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital)

## Everyone who backed them

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **2** rounds

[Radical Ventures](https://millionrounds.com/fund/radical-ventures) VC firm **2** rounds

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round, led 1

[Energize Capital](https://millionrounds.com/fund/energize-capital) VC firm **1** round, led 1

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

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

[NVIDIA](https://millionrounds.com/fund/nvidia) Company **1** round

[In-Q-Tel](https://millionrounds.com/fund/iqt) Accelerator **1** round

[Lowercarbon Capital](https://millionrounds.com/fund/lowercarbon-capital) VC firm **1** round

[Siemens](https://millionrounds.com/fund/siemens) Corporate VC **1** round

[nVentures](https://millionrounds.com/fund/nventures-2) VC firm **1** round

[Samsung Ventures](https://millionrounds.com/fund/samsung-ventures) Corporate VC **1** round

[Aramco Ventures](https://millionrounds.com/fund/aramco-ventures) Corporate VC **1** round

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

[Emerson Collective](https://millionrounds.com/fund/emerson-collective) Family office **1** round

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

[GE Vernova](https://millionrounds.com/fund/ge-vernova) Investment firm **1** round

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

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

## Also claim to have backed them

These 2 firms list Emerald AI as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Marunouchi Innovation Partners](https://millionrounds.com/fund/marunouchi-innovation-partners) VC firm Per its own site

[Keybridge Ventures](https://millionrounds.com/fund/keybridge-ventures) Family office Per its own site

## Quick answers about Emerald AI

### Who invested in Emerald AI?

Emerald AI's investors include Energy Impact Partners, Radical Ventures, DCVC, Energize Capital and General Catalyst, and 14 more on record. DCVC led its latest round.

### How much has Emerald AI raised?

Emerald AI has raised $173M across 2 rounds since 2026.

### When did Emerald AI last raise?

Emerald AI's most recent round was a Series A of $150M in Aug 2026, led by DCVC.

### What was Emerald AI's biggest round?

Its most recent round, $150M in Aug 2026, is also its largest on record.

### Who backed Emerald AI first?

Emerald AI's first round on record, in Feb 2026, was backed by CRV, Energy Impact Partners and nVentures and 2 others.

### What stage is Emerald AI at?

Emerald AI's latest named round is a Series A, in Aug 2026.

### Where is Emerald AI based?

Emerald AI is based in the United States.

### Who led Emerald AI's rounds?

DCVC led the Series A in 2026.

## Companies like Emerald AI

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

[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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