Portugal · Who invested in Ethena?
Ethena's investors include MEXC Ventures, Alumni Ventures, Felicis, Coinbase Ventures and Neo, and 4 more on record.
2023202420252026
$30MSeries B$30MRound?VenturePortugal · Venture startup
Who invested in Ethena
3 rounds we have observed, with the 9 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.
Raised 5 months ago
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Funding summaryUpdated 5 Nov 2026
$60Mraised across 3 rounds since 2022, from 3 sources
$30MSeries B$30MRound
- Latest round
- VentureJun 2026
- Biggest round
- $30MRound · Oct 2025
- Investors
- 9 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series B, $30M Jun 2022
- Biggest round
- $30M Round · Oct 2025
- Usual gap between rounds
- 3.3 years the median of 2
The rounds
- Jun 2026
- Oct 2025
- Jun 2022Series B$30M5 new
Source recordedSEC filing: $30M sold, first sale Apr 2022
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.
Series B2022Round2025Venture2026
MEXC VenturesL
Alumni Ventures
Felicis
Coinbase Ventures
Neo
Village Global
Franklin Templeton
YZi Labs
Homebrew
MEXC VenturesLAlumni VenturesFelicisCoinbase VenturesNeoVillage GlobalFranklin TempletonYZi LabsHomebrewEveryone who backed them
Missing a round, or an investor who was in one? Tell us.
Quick answers about Ethena
How much has Ethena raised?
Ethena has raised $60M across 3 rounds since 2022. One round did not disclose an amount, so the total is a floor.
When did Ethena last raise?
Ethena's most recent round was a Venture in Jun 2026.
What was Ethena's biggest round?
Ethena's largest round on record is $30M (Undisclosed round), in Oct 2025, led by MEXC Ventures.
Who backed Ethena first?
Ethena's first round on record, in Jun 2022, was backed by Alumni Ventures, Felicis and Neo and 2 others.
What stage is Ethena at?
Ethena's latest named round is a Venture, in Jun 2026.
Where is Ethena based?
Ethena is based in Portugal.
Who led Ethena's rounds?
MEXC Ventures led the Undisclosed round in 2025.
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