# Explorate funding: rounds and investors

> Explorate has raised $5.4M across 1 round since 2022. Investors include EVP. Every round with its source.

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

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

# Who invested in *Explorate*

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.

Logistics

Funding summary Updated 26 Oct 2026

**$5.4M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $5.4M Jan 2022
- **Investors:** 1

See who backed them

## The rounds

- **Jan 2022** Series A **$5.4M** [EVP](https://millionrounds.com/fund/evp) Source recorded

## Founders and team

From Explorate's own website: 2 founders.

**Alex Ewart** Co-Founder & CEO

**Conor Hagan** Co-Founder & CEO

## Everyone who backed them

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

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

## Also claim to have backed them

This firm lists Explorate as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Online Brands Group](https://millionrounds.com/fund/online-brands-group) Growth equity Per its own site

## Quick answers about Explorate

### Who invested in Explorate?

Explorate's investors include EVP.

### How much has Explorate raised?

Explorate has raised $5.4M across 1 round since 2022.

### When did Explorate last raise?

Explorate's most recent round was a Series A of $5.4M in Jan 2022.

### What was Explorate's biggest round?

Its most recent round, $5.4M in Jan 2022, is also its largest on record.

### Who backed Explorate first?

Explorate's first round on record, in Jan 2022, was backed by EVP.

### What stage is Explorate at?

Explorate's latest named round is a Series A, in Jan 2022.

### Where is Explorate based?

Explorate is based in Australia.

## Companies like Explorate

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

[**Austal** $245M · Oct 2026](https://millionrounds.com/company/austal)[**HAMR Energy** $32M · Jul 2026](https://millionrounds.com/company/hamr-energy)[**Kite Magnetics** $3.7M · Jul 2026](https://millionrounds.com/company/kite-magnetics)[**New Energy Transport** $3.5M · Jun 2026](https://millionrounds.com/company/new-energy-transport)[**Advanced Navigation** $167M · Mar 2026](https://millionrounds.com/company/advanced-navigation)[**Globavend** $934K · Dec 2025](https://millionrounds.com/company/globavend)

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