# Generate funding: rounds and investors

> Generate has raised $9.0M across 3 rounds since 2008. Investors include Fuse Capital, National Science Foundation and MK Capital. Every round with its source.

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

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

# Who invested in *Generate*

3 rounds we have observed, with the 3 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Construction

Funding summary Updated 26 Oct 2026

**$9.0M** raised across 3 rounds since 2008, from 3 sources

**$6.0M** Series A **$2.0M** Series A **$1.0M** Grant

- **Latest round:** Grant, $1.0M Jun 2021
- **Biggest round:** $6.0M Series A · Mar 2008
- **Investors:** 3

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2008 2010 2012 2014 2016 2018 2020

**$6.0M** Series A

**$2.0M** Series A

**$1.0M** Grant

- **First round:** Series A, $6.0M
- **Biggest round:** $6.0M
- **Usual gap between rounds:** 11.9 years

## The rounds

- **Jun 2021** Grant **$1.0M** *1 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Source recorded
- **Jul 2009** Series A **$2.0M** *1 new* *1 returning* [MK Capital](https://millionrounds.com/fund/mk-capital) [Fuse Capital](https://millionrounds.com/fund/fuse-capital) Reported by paidcontent.org SEC filing: $2.0M sold, first sale Jun 2009
- **Mar 2008** Series A **$6.0M** *1 new* [Fuse Capital](https://millionrounds.com/fund/fuse-capital) Reported by paidcontent.org

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2008 **Series A** 2009 **Grant** 2021 [Fuse Capital](https://millionrounds.com/fund/fuse-capital) [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [MK Capital](https://millionrounds.com/fund/mk-capital)

## The exit

Exit Buyer Price When

Acquired Dow Jones & Co. undisclosed Apr 2008

From historical deal records. Wrong? [Tell us](https://millionrounds.com/corrections?slug=generate).

## Everyone who backed them

[Fuse Capital](https://millionrounds.com/fund/fuse-capital) Advisor **2** rounds

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

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

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

## Quick answers about Generate

### Who invested in Generate?

Generate's investors include Fuse Capital, National Science Foundation and MK Capital.

### How much has Generate raised?

Generate has raised $9.0M across 3 rounds since 2008.

### When did Generate last raise?

Generate's most recent round was a Grant of $1.0M in Jun 2021.

### What was Generate's biggest round?

Generate's largest round on record is $6.0M (Series A), in Mar 2008.

### Who backed Generate first?

Generate's first round on record, in Mar 2008, was backed by Fuse Capital.

### What stage is Generate at?

Generate's latest named round is a Grant, in Jun 2021.

### Where is Generate based?

Generate is based in the United States.

## Companies like Generate

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

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**ASI** $325M · Oct 2026](https://millionrounds.com/company/asi)[**Fragment** $22M · Oct 2026](https://millionrounds.com/company/fragment)

## 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
