# Fundamental Research Labs funding: rounds and investors

> Fundamental Research Labs has raised $33M across 1 round since 2025. Investors include Andreessen Horowitz, Alumni Ventures and Prosus Ventures.

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

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

# Who invested in *Fundamental Research Labs*

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.

AI

Funding summary Updated 26 Oct 2026

**$33M** raised across 1 round since 2025, from 1 source

- **Latest round:** Series A, $33M Feb 2025
- **Investors:** 3

See who backed them

## The rounds

- **Feb 2025** Series A **$33M** [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Prosus Ventures](https://millionrounds.com/fund/prosus-ventures) Source recorded

## Everyone who backed them

[Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) VC firm **1** round

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

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

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

## Also claim to have backed them

This firm lists Fundamental Research Labs 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.

[First Spark Ventures](https://millionrounds.com/fund/first-spark-ventures) VC firm Per its own site

## Quick answers about Fundamental Research Labs

### Who invested in Fundamental Research Labs?

Fundamental Research Labs's investors include Andreessen Horowitz, Alumni Ventures and Prosus Ventures.

### How much has Fundamental Research Labs raised?

Fundamental Research Labs has raised $33M across 1 round since 2025.

### When did Fundamental Research Labs last raise?

Fundamental Research Labs's most recent round was a Series A of $33M in Feb 2025.

### What was Fundamental Research Labs's biggest round?

Its most recent round, $33M in Feb 2025, is also its largest on record.

### Who backed Fundamental Research Labs first?

Fundamental Research Labs's first round on record, in Feb 2025, was backed by Andreessen Horowitz, Alumni Ventures and Prosus Ventures.

### What stage is Fundamental Research Labs at?

Fundamental Research Labs's latest named round is a Series A, in Feb 2025.

### Where is Fundamental Research Labs based?

Fundamental Research Labs is based in the United States.

## Companies like Fundamental Research Labs

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app