# Funga funding: rounds and investors

> Funga has raised $5.1M across 1 round since 2024. Investors include Better Ventures. Every round with its source.

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

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

# Who invested in *Funga*

One round we have observed, with the one investor 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.

Engineering

Funding summary Updated 26 Oct 2026

**$5.1M** raised across 1 round since 2024, from 1 source

- **Latest round:** Venture, $5.1M Dec 2024
- **Investors:** 1

See who backed them

## The rounds

- **Dec 2024** Venture **$5.1M** [Better Ventures](https://millionrounds.com/fund/better-ventures) Source recorded SEC filing: $5.1M sold, first sale Dec 2024

## Founders and team

From Funga's own website: 1 founder, 19 on the team.

**Dr. Colin Averill** Founder, CEO

- **Erika Randolph** Chief Operating Officer
- **Josh Parrish** Chief Growth Officer
- **Lily Gannon** Nursery Research Coordinator
- **Dr. Ian Ware** Head of Applied Science
- **Dr. Jason Schatz** Head of Data Science
- **J. Anthony Seliskar** Head of Land Programs
- **Amelia Pokorny** Culture and People Operations Manager
- **Dr. Alison Ketz** Senior Data Scientist
- **Dr. Dawson Fairbanks** Senior Research Scientist
- **Jane Thompson** Data Engineer
- **Jenna Luecke** Brand and Communications Manager
- **Joey Webber** Product Marketing Manager
- **Kimiko LaHaela** Carbon Program Manager
- **Megan Keller** Senior Business Operations Manager
- **Paul Kasay** Data Infrastructure Engineer
- **Ryan Keeling** Operations Manager, Science
- **Sofia Reitsma** Operations Manager, Growth
- **Sydney Davenport** Senior Business Development Manager

And 1 more on the team.

## Everyone who backed them

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

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

## Also claim to have backed them

These 3 firms list Funga 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.

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm Per its own site

[Azolla Ventures](https://millionrounds.com/fund/azolla-ventures) VC firm Per its own site

[Superorganism](https://millionrounds.com/fund/superorganism) Private equity Per its own site

## Quick answers about Funga

### Who invested in Funga?

Funga's investors include Better Ventures.

### How much has Funga raised?

Funga has raised $5.1M across 1 round since 2024.

### When did Funga last raise?

Funga's most recent round was a Venture of $5.1M in Dec 2024.

### What was Funga's biggest round?

Its most recent round, $5.1M in Dec 2024, is also its largest on record.

### Who backed Funga first?

Funga's first round on record, in Dec 2024, was backed by Better Ventures.

### What stage is Funga at?

Funga's latest named round is a Venture, in Dec 2024.

### Where is Funga based?

Funga is based in the United States.

## Companies like Funga

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

[**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**Aikido Technologies** $5.7M · Oct 2026](https://millionrounds.com/company/aikido-technologies)[**Cognition** $3.0B · Sept 2026](https://millionrounds.com/company/cognition)[**Thermolic** $500K · Sept 2026](https://millionrounds.com/company/thermolic)[**Terragrit LLC** $40M · Sept 2026](https://millionrounds.com/company/terragrit-llc)

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