# EQON funding: rounds and investors > EQON has raised $6.3M across 2 rounds since 2019. Investors include Azolla Ventures, Wilstar Innovate and CyberAgent Capital. Every round with its source. Source: https://millionrounds.com/company/eqon (Millionrounds; every figure on the page links to its filing or article) Norway · [Seed startup](https://millionrounds.com/companies) # Who invested in *EQON* 2 rounds we have observed, with the 5 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. Energy Manufacturing Real Estate Raised 4 months ago Funding summary Updated 26 Oct 2026 **$6.3M** raised across 2 rounds since 2019, from 3 sources **$277K** Venture **$6.0M** Seed - **Latest round:** Seed, $6.0M Jun 2026 - **Led by:** Azolla Ventures and Wilstar Innovate - **Step-up i:** 21.7× - **Investors:** 5 (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. 2019 2020 2021 2022 2023 2024 2025 2026 **$277K** Venture **$6.0M** Seed - **First round:** Venture, $277K - **Biggest round:** $6.0M - **Between rounds:** 7.1 years ## The rounds - **Jun 2026** Seed **$6.0M** *4 new* [Azolla Ventures](https://millionrounds.com/fund/azolla-ventures) Lead [Wilstar Innovate](https://millionrounds.com/fund/wilstar-innovate) Lead [Climentum Capital](https://millionrounds.com/fund/climentum-capital) [GAIN Venture Capital](https://millionrounds.com/fund/gain-venture-capital) Reported by Azolla Ventures and 1 other - **Jun 2019** Venture **$277K** *1 new* [CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures) Source recorded ## 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. **Venture** 2019 **Seed** 2026 [Azolla Ventures](https://millionrounds.com/fund/azolla-ventures) L [Wilstar Innovate](https://millionrounds.com/fund/wilstar-innovate) L [CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures) [Climentum Capital](https://millionrounds.com/fund/climentum-capital) [GAIN Venture Capital](https://millionrounds.com/fund/gain-venture-capital) ## Everyone who backed them [Azolla Ventures](https://millionrounds.com/fund/azolla-ventures) VC firm **1** round, led 1 [Wilstar Innovate](https://millionrounds.com/fund/wilstar-innovate) VC firm **1** round, led 1 [CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures) VC firm **1** round [Climentum Capital](https://millionrounds.com/fund/climentum-capital) VC firm **1** round [GAIN Venture Capital](https://millionrounds.com/fund/gain-venture-capital) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=eqon). ## Quick answers about EQON ### Who invested in EQON? EQON's investors include Azolla Ventures, Wilstar Innovate, CyberAgent Capital, Climentum Capital and GAIN Venture Capital. Azolla Ventures led its latest round. ### How much has EQON raised? EQON has raised $6.3M across 2 rounds since 2019. ### When did EQON last raise? EQON's most recent round was a Seed of $6.0M in Jun 2026, led by Azolla Ventures. ### What was EQON's biggest round? Its most recent round, $6.0M in Jun 2026, is also its largest on record. ### Who backed EQON first? EQON's first round on record, in Jun 2019, was backed by CyberAgent Capital. ### What stage is EQON at? EQON's latest named round is a Seed, in Jun 2026. ### Where is EQON based? EQON is based in Norway. ### Who led EQON's rounds? Azolla Ventures led the Seed in 2026. ## Companies like EQON In the same sector, and raised in the last eighteen months. [**Lace Lithography** $40M · Mar 2026](https://millionrounds.com/company/lace-lithography)[**Photoncycle** $17M · Mar 2026](https://millionrounds.com/company/photoncycle)[**Cartesian** Sept 2025](https://millionrounds.com/company/cartesian)[**Kongsberg Ferrotech** $14M · Jul 2025](https://millionrounds.com/company/kongsberg-ferrotech)[**Remora Robotics** $16M · Jul 2025](https://millionrounds.com/company/remora-robotics)[**Cloudberry Clean Energy** $76K · May 2025](https://millionrounds.com/company/cloudberry-clean-energy) ## 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