# Flam funding: rounds and investors > Flam has raised $54M across 2 rounds since 2025. Investors include RTP Global, Dovetail and QED Investors. Every round with its source. Source: https://millionrounds.com/company/flam (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Flam* 2 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. Advanced Manufacturing AI Media VR & AR Raised 2 months ago Follow Flam and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fflam) Funding summary Updated 5 Nov 2026 **$54M** raised across 2 rounds since 2025, from 4 sources **$14M** Series A **$40M** Series B - **Latest round:** Series B, $40M Sept 2026 - **Led by:** QED Investors - **Step-up i:** 2.9× - **Investors:** 9 (1 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. 2026 **$14M** Series A **$40M** Series B - **First round:** Series A, $14M - **Biggest round:** $40M - **Between rounds:** 16 months ## The rounds - **Sept 2026** Series B **$40M** *7 new* *2 returning* [QED Investors](https://millionrounds.com/fund/qed-investors) Lead [RTP Global](https://millionrounds.com/fund/rtp-global) [9Unicorns](https://millionrounds.com/fund/9unicorns) [Declaration Partners](https://millionrounds.com/fund/declaration-partners) [Olivier Pomel](https://millionrounds.com/fund/olivier-pomel) [Dovetail](https://millionrounds.com/fund/dovetail) [Australian Gulf Capital](https://millionrounds.com/fund/australian-gulf-capital) [Martin Chavez](https://millionrounds.com/fund/martin-chavez) [Shah Rukh Khan's family office](https://millionrounds.com/fund/shah-rukh-khan-s-family-office) Reported by Inc42 and 1 other - **May 2025** Series A **$14M** *2 new* [RTP Global](https://millionrounds.com/fund/rtp-global) [Dovetail](https://millionrounds.com/fund/dovetail) Reported by RTP Global and 1 other ## 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 A** 2025 **Series B** 2026 [RTP Global](https://millionrounds.com/fund/rtp-global) [Dovetail](https://millionrounds.com/fund/dovetail) [QED Investors](https://millionrounds.com/fund/qed-investors) L [9Unicorns](https://millionrounds.com/fund/9unicorns) [Declaration Partners](https://millionrounds.com/fund/declaration-partners) [Olivier Pomel](https://millionrounds.com/fund/olivier-pomel) [Australian Gulf Capital](https://millionrounds.com/fund/australian-gulf-capital) [Martin Chavez](https://millionrounds.com/fund/martin-chavez) [Shah Rukh Khan's family office](https://millionrounds.com/fund/shah-rukh-khan-s-family-office) ## Everyone who backed them [RTP Global](https://millionrounds.com/fund/rtp-global) VC firm **2** rounds [Dovetail](https://millionrounds.com/fund/dovetail) VC firm **2** rounds [QED Investors](https://millionrounds.com/fund/qed-investors) VC firm **1** round, led 1 [9Unicorns](https://millionrounds.com/fund/9unicorns) VC firm **1** round [Declaration Partners](https://millionrounds.com/fund/declaration-partners) Family office **1** round [Olivier Pomel](https://millionrounds.com/fund/olivier-pomel) VC firm **1** round [Australian Gulf Capital](https://millionrounds.com/fund/australian-gulf-capital) VC firm **1** round [Martin Chavez](https://millionrounds.com/fund/martin-chavez) Angel **1** round [Shah Rukh Khan's family office](https://millionrounds.com/fund/shah-rukh-khan-s-family-office) Family office **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=flam). ## Also claim to have backed them These 2 firms list Flam 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. [Dholakia Ventures](https://millionrounds.com/fund/dholakia-ventures) VC firm 2023, per its site [Upsparks](https://millionrounds.com/fund/upsparks-capital) VC firm Per its own site ## Quick answers about Flam ### Who invested in Flam? Flam's investors include RTP Global, Dovetail, QED Investors, 9Unicorns and Declaration Partners, and 4 more on record. QED Investors led its latest round. ### How much has Flam raised? Flam has raised $54M across 2 rounds since 2025. ### When did Flam last raise? Flam's most recent round was a Series B of $40M in Sept 2026, led by QED Investors. ### What was Flam's biggest round? Its most recent round, $40M in Sept 2026, is also its largest on record. ### Who backed Flam first? Flam's first round on record, in May 2025, was backed by RTP Global and Dovetail. ### What stage is Flam at? Flam's latest named round is a Series B, in Sept 2026. ### Where is Flam based? Flam is based in the United States. ### Who led Flam's rounds? QED Investors led the Series B in 2026. ## Companies like Flam 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)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. 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