# Gearbox Protocol funding: rounds and investors

> Gearbox Protocol has raised $4.2M across 1 round since 2022. Investors include Variant and LAUNCHub Ventures. Every round with its source.

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

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

# Who invested in *Gearbox Protocol*

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

**$4.2M** raised across 1 round since 2022, from 1 source

- **Latest round:** Seed, $4.2M Aug 2022
- **Investors:** 2

See who backed them

## The rounds

- **Aug 2022** Seed **$4.2M** [Variant](https://millionrounds.com/fund/variant) [LAUNCHub Ventures](https://millionrounds.com/fund/launchub-ventures) Source recorded

## Everyone who backed them

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

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

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

## Quick answers about Gearbox Protocol

### Who invested in Gearbox Protocol?

Gearbox Protocol's investors include Variant and LAUNCHub Ventures.

### How much has Gearbox Protocol raised?

Gearbox Protocol has raised $4.2M across 1 round since 2022.

### When did Gearbox Protocol last raise?

Gearbox Protocol's most recent round was a Seed of $4.2M in Aug 2022.

### What was Gearbox Protocol's biggest round?

Its most recent round, $4.2M in Aug 2022, is also its largest on record.

### Who backed Gearbox Protocol first?

Gearbox Protocol's first round on record, in Aug 2022, was backed by Variant and LAUNCHub Ventures.

### What stage is Gearbox Protocol at?

Gearbox Protocol's latest named round is a Seed, in Aug 2022.

### Where is Gearbox Protocol based?

Gearbox Protocol is based in Spain.

## Companies like Gearbox Protocol

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

[**Fence** $20M · Apr 2026](https://millionrounds.com/company/fence)[**Iqana** $1.3M · Feb 2026](https://millionrounds.com/company/iqana)[**Openverse** $8.0M · Oct 2025](https://millionrounds.com/company/openverse)[**Bit2Me** $35M · Aug 2025](https://millionrounds.com/company/bit2me)[**Plastiks** $500K · Jul 2025](https://millionrounds.com/company/plastiks)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)

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