# Etaphase funding: rounds and investors

> Etaphase has raised $1.0M across 2 rounds since 2013. Investors include National Science Foundation. Every round with its source.

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

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

# Who invested in *Etaphase*

2 rounds we have observed, with the one investor 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.

Hardware & Electronics

Funding summary Updated 26 Oct 2026

**$1.0M** raised across 2 rounds since 2013, from 2 sources

**$50K** Venture **$975K** Venture

- **Latest round:** Venture, $975K Dec 2017
- **Step-up i:** 19.5×
- **Investors:** 1

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.

2014 2015 2016 2017

**$50K** Venture

**$975K** Venture

- **First round:** Venture, $50K
- **Biggest round:** $975K
- **Between rounds:** 4 years

## The rounds

- **Dec 2017** Venture **$975K** *1 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Source recorded SEC filing: $975K sold, first sale Nov 2017
- **Nov 2013** Venture **$50K** No investor was named in the report. Reported by marketbrief.com SEC filing: $50K sold, first sale Nov 2013

## Everyone who backed them

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

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

## Quick answers about Etaphase

### Who invested in Etaphase?

Etaphase's investors include National Science Foundation.

### How much has Etaphase raised?

Etaphase has raised $1.0M across 2 rounds since 2013.

### When did Etaphase last raise?

Etaphase's most recent round was a Venture of $975K in Dec 2017.

### What was Etaphase's biggest round?

Its most recent round, $975K in Dec 2017, is also its largest on record.

### Who backed Etaphase first?

Etaphase's first round on record, in Dec 2017, was backed by National Science Foundation.

### What stage is Etaphase at?

Etaphase's latest named round is a Venture, in Dec 2017.

### Where is Etaphase based?

Etaphase is based in the United States.

## Companies like Etaphase

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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