# FRAM funding: rounds and investors

> FRAM has raised $500K across 1 round since 2024. Investors include US Department of Energy, Precursor Ventures and Clocktower Ventures.

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

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *FRAM*

One round we have observed, with the 3 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.

Energy

Funding summary Updated 26 Oct 2026

**$500K** raised across 1 round since 2024, from 1 source

- **Latest round:** Grant, $500K Sept 2024
- **Investors:** 3

See who backed them

## The rounds

- **Sept 2024** Grant **$500K** [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) [Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) [Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) Source recorded

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **1** round

[Precursor Ventures](https://millionrounds.com/fund/precursor-ventures) VC firm **1** round

[Clocktower Ventures](https://millionrounds.com/fund/clocktower-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists FRAM 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.

[The Explorer Fund](https://millionrounds.com/fund/the-explorer-fund) VC firm Per its own site

## Quick answers about FRAM

### Who invested in FRAM?

FRAM's investors include US Department of Energy, Precursor Ventures and Clocktower Ventures.

### How much has FRAM raised?

FRAM has raised $500K across 1 round since 2024.

### When did FRAM last raise?

FRAM's most recent round was a Grant of $500K in Sept 2024.

### What was FRAM's biggest round?

Its most recent round, $500K in Sept 2024, is also its largest on record.

### Who backed FRAM first?

FRAM's first round on record, in Sept 2024, was backed by US Department of Energy, Precursor Ventures and Clocktower Ventures.

### What stage is FRAM at?

FRAM's latest named round is a Grant, in Sept 2024.

### Where is FRAM based?

FRAM is based in the United States.

## Companies like FRAM

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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