# Formation.Fi funding: rounds and investors

> Formation.Fi has raised $3.3M across 1 round since 2021. Investors include Shima Capital and Kenetic. Every round with its source.

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

[Seed startup](https://millionrounds.com/companies)

# Who invested in *Formation.Fi*

One round we have observed, with the 2 investors 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.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$3.3M** raised across 1 round since 2021, from 1 source

- **Latest round:** Seed, $3.3M May 2021
- **Investors:** 2

See who backed them

## The rounds

- **May 2021** Seed **$3.3M** [Shima Capital](https://millionrounds.com/fund/shima-capital) [Kenetic](https://millionrounds.com/fund/kenetic) Source recorded

## Everyone who backed them

[Shima Capital](https://millionrounds.com/fund/shima-capital) VC firm **1** round

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

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

## Quick answers about Formation.Fi

### Who invested in Formation.Fi?

Formation.Fi's investors include Shima Capital and Kenetic.

### How much has Formation.Fi raised?

Formation.Fi has raised $3.3M across 1 round since 2021.

### When did Formation.Fi last raise?

Formation.Fi's most recent round was a Seed of $3.3M in May 2021.

### What was Formation.Fi's biggest round?

Its most recent round, $3.3M in May 2021, is also its largest on record.

### Who backed Formation.Fi first?

Formation.Fi's first round on record, in May 2021, was backed by Shima Capital and Kenetic.

### What stage is Formation.Fi at?

Formation.Fi's latest named round is a Seed, in May 2021.

## Companies like Formation.Fi

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

[**OpenFX** $94M · Mar 2026](https://millionrounds.com/company/openfx)[**VeryAI** $10M · Mar 2026](https://millionrounds.com/company/veryai)[**OP_NET** $5.0M · Mar 2026](https://millionrounds.com/company/op-net)[**Utexo** $7.5M · Mar 2026](https://millionrounds.com/company/utexo)[**Stacks** $23M · Feb 2026](https://millionrounds.com/company/stacks)[**Kresus Labs** $13M · Feb 2026](https://millionrounds.com/company/kresus-labs)

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