United States · Venture startup

Who invested in Folio Photonics

3 rounds we have observed, with the 4 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.

Big Data & Analytics

Raised 6 months ago

Funding summaryUpdated 26 Oct 2026

$17Mraised across 3 rounds since 2019, from 3 sources

$8.0MSeed$2.6MVenture$6.0MRound
Latest round
Round, $6.0MApr 2026
Biggest round
$8.0MSeed · May 2019
Step-upi
2.3×
Investors
4 (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.

20192020202120222023202420252026
$8.0MSeed$2.6MVenture$6.0MRound
First round
Seed, $8.0M
May 2019
Biggest round
$8.0M
Seed · May 2019
Usual gap between rounds
6.7 years
the median of 2

The rounds

  1. Apr 2026
    Round$6.0M

    No investor was named in the report.

    Filed with the SEC (Form D); no report of this raise yetSEC filing: $6.0M sold, first sale Apr 2026

  2. Feb 2026
    Venture$2.6M1 new

    Source recordedSEC filing: $2.6M sold, first sale Aug 2025

  3. May 2019
    Seed$8.0M3 new

    Reported by FinSMEsSEC filing: $1.0M sold, first sale Jan 2019

Founders and team

From Folio Photonics's own website: 8 on the team.

  • Steven SantamariaCEO
  • Greg KittilsonCTO
  • Kevin GwinnupCFO
  • Dennis RubsamVP of Systems and Drive Development
  • Mark RobertsHead of Media Test
  • Kevin M. MathisDirector of Optical Media & Polymer Engineering
  • Linda WisehartEngineering Program & Business Manager
  • Maria AnzolaController

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.

Everyone who backed them

Refinery VenturesVC firm1round, led 1
Capital OneVC firm1round
Paveyno record of our own yet1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

These 2 firms list Folio Photonics 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.

Material ImpactVC firmPer its own site
The O.H.I.O. FundPrivate creditPer its own site

Quick answers about Folio Photonics

Who invested in Folio Photonics?

Folio Photonics's investors include Refinery Ventures, National Science Foundation, Capital One and Pavey.

How much has Folio Photonics raised?

Folio Photonics has raised $17M across 3 rounds since 2019.

When did Folio Photonics last raise?

Folio Photonics's most recent round, $6.0M, was in Apr 2026.

What was Folio Photonics's biggest round?

Folio Photonics's largest round on record is $8.0M (Seed), in May 2019, led by Refinery Ventures.

Who backed Folio Photonics first?

Folio Photonics's first round on record, in May 2019, was backed by Refinery Ventures, Capital One and Pavey.

What stage is Folio Photonics at?

Folio Photonics's latest named round is a Venture, in Feb 2026.

Where is Folio Photonics based?

Folio Photonics is based in the United States.

Who led Folio Photonics's rounds?

Refinery Ventures led the Seed in 2019.

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