# GenXComm funding: rounds and investors

> GenXComm has raised $15M across 2 rounds since 2017. Investors include Capital Factory, Intel Capital/ Azure and National Science Foundation.

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

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

# Who invested in *GenXComm*

2 rounds we have observed, with the 9 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.

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Funding summary Updated 27 Oct 2026

**$15M** raised across 2 rounds since 2017, from 2 sources

**$7.0M** Series A **$8.2M** Venture

- **Latest round:** Venture, $8.2M Jul 2023
- **Investors:** 9 (1 led)

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.

2018 2019 2020 2021 2022 2023

**$7.0M** Series A

**$8.2M** Venture

- **First round:** Series A, $7.0M
- **Biggest round:** $8.2M
- **Between rounds:** 5.6 years

## The rounds

- **Jul 2023** Venture **$8.2M** *3 new* *1 returning* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Capital Factory](https://millionrounds.com/fund/capital-factory) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) Source recorded SEC filing: $8.2M sold, first sale Jul 2023
- **Dec 2017** Series A **$7.0M** *6 new* Intel Capital/ Azure Lead [Capital Factory](https://millionrounds.com/fund/capital-factory) [Lip-Bu Tan](https://millionrounds.com/fund/lip-bu-tan) [FAM Investments](https://millionrounds.com/fund/fam-investments) Bandgap UT Horizonk WS Reported by Globenewswire SEC filing: $7.0M sold, first sale Nov 2017

## 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** 2017 **Venture** 2023 [Capital Factory](https://millionrounds.com/fund/capital-factory) Intel Capital/ Azure L [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Intel Capital](https://millionrounds.com/fund/intel-capital) [Raine Ventures](https://millionrounds.com/fund/raine-ventures) [Lip-Bu Tan](https://millionrounds.com/fund/lip-bu-tan) [FAM Investments](https://millionrounds.com/fund/fam-investments) Bandgap UT Horizonk WS

## Everyone who backed them

[Capital Factory](https://millionrounds.com/fund/capital-factory) VC firm **2** rounds

Intel Capital/ Azure no record of our own yet **1** round, led 1

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

[Intel Capital](https://millionrounds.com/fund/intel-capital) Corporate VC **1** round

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

[Lip-Bu Tan](https://millionrounds.com/fund/lip-bu-tan) VC firm **1** round

[FAM Investments](https://millionrounds.com/fund/fam-investments) Investment firm **1** round

Bandgap no record of our own yet **1** round

UT Horizonk WS no record of our own yet **1** round

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

## Quick answers about GenXComm

### Who invested in GenXComm?

GenXComm's investors include Capital Factory, Intel Capital/ Azure, National Science Foundation, Intel Capital and Raine Ventures, and 4 more on record.

### How much has GenXComm raised?

GenXComm has raised $15M across 2 rounds since 2017.

### When did GenXComm last raise?

GenXComm's most recent round was a Venture of $8.2M in Jul 2023.

### What was GenXComm's biggest round?

Its most recent round, $8.2M in Jul 2023, is also its largest on record.

### Who backed GenXComm first?

GenXComm's first round on record, in Dec 2017, was backed by Intel Capital/ Azure, Capital Factory and Lip-Bu Tan and 3 others.

### What stage is GenXComm at?

GenXComm's latest named round is a Venture, in Jul 2023.

### Where is GenXComm based?

GenXComm is based in the United States.

### Who led GenXComm's rounds?

Intel Capital/ Azure led the Series A in 2017.

## Companies like GenXComm

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

[**Chariot Claims** $23M · Oct 2026](https://millionrounds.com/company/chariot-claims)[**Subeca** $9.0M · Oct 2026](https://millionrounds.com/company/subeca)[**FlexCompute** $53M · Oct 2026](https://millionrounds.com/company/flexcompute)[**Negosh** $3.1M · Oct 2026](https://millionrounds.com/company/negosh)[**StarLifter** $4.0M · Oct 2026](https://millionrounds.com/company/starlifter)[**Litewave.AI** $1.7M · Oct 2026](https://millionrounds.com/company/litewave-ai)

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