# Grasp funding: rounds and investors

> Grasp has raised $11M across 2 rounds since 2023. Investors include Balderton Capital, Octopus Ventures and Point Nine Capital. Every round with its source.

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

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

# Who invested in *Grasp*

2 rounds we have observed, with the 4 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.

Edtech

Funding summary Updated 26 Oct 2026

**$11M** raised across 2 rounds since 2023, from 2 sources

**$4.0M** Seed **$7.0M** Series A

- **Latest round:** Series A, $7.0M Oct 2025
- **Step-up i:** 1.8×
- **Investors:** 4

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.

2024 2025

**$4.0M** Seed

**$7.0M** Series A

- **First round:** Seed, $4.0M
- **Biggest round:** $7.0M
- **Between rounds:** 2.3 years

## The rounds

- **Oct 2025** Series A **$7.0M** *1 new* [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) Source recorded
- **Jul 2023** Seed **$4.0M** *3 new* [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) [Moonfire Ventures](https://millionrounds.com/fund/moonfire) Source recorded

## Founders and team

From Grasp's own website: 1 founder, 5 on the team.

**Tormod Opdal** CEO & Co-Founder

- **Allan Hyldal** Chief Operating Officer
- **Seulki Qvist** Head Of Marketing
- **Erlend Solberg** Customer Sucess Lead
- **Hardware Lead** Chairman Of The Board
- **Professor Stener Kvinnsland** Chairman, Grasp AS

## 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.

**Seed** 2023 **Series A** 2025 [Balderton Capital](https://millionrounds.com/fund/balderton-capital) [Octopus Ventures](https://millionrounds.com/fund/octopus-ventures) [Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) [Moonfire Ventures](https://millionrounds.com/fund/moonfire)

## Everyone who backed them

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

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

[Point Nine Capital](https://millionrounds.com/fund/point-nine-capital) VC firm **1** round

[Moonfire Ventures](https://millionrounds.com/fund/moonfire) VC firm **1** round

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

## Also claim to have backed them

This firm lists Grasp 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.

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

## Quick answers about Grasp

### Who invested in Grasp?

Grasp's investors include Balderton Capital, Octopus Ventures, Point Nine Capital and Moonfire Ventures.

### How much has Grasp raised?

Grasp has raised $11M across 2 rounds since 2023.

### When did Grasp last raise?

Grasp's most recent round was a Series A of $7.0M in Oct 2025.

### What was Grasp's biggest round?

Its most recent round, $7.0M in Oct 2025, is also its largest on record.

### Who backed Grasp first?

Grasp's first round on record, in Jul 2023, was backed by Balderton Capital, Point Nine Capital and Moonfire Ventures.

### What stage is Grasp at?

Grasp's latest named round is a Series A, in Oct 2025.

### Where is Grasp based?

Grasp is based in the United Kingdom.

## Companies like Grasp

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

[**sAInaptic** $3.6M · Oct 2026](https://millionrounds.com/company/sainaptic)[**AcademyAI** $2.2M · Sept 2026](https://millionrounds.com/company/academyai)[**flick learning** $203K · Jun 2026](https://millionrounds.com/company/flick-learning)[**Fuse Universal** $39M · May 2026](https://millionrounds.com/company/fuse-universal)[**Multiverse** $72M · May 2026](https://millionrounds.com/company/multiverse)[**Edumentors** $71M · May 2026](https://millionrounds.com/company/edumentors)

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