United States · Series A startup

Who invested in Hertha Metals

3 rounds we have observed, with the 12 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.

Chemicals & MaterialsCleantechEnergyManufacturing

Raised 1 month ago

Funding summaryUpdated 26 Oct 2026

$219Mraised across 3 rounds since 2025, from 3 sources

$17MVenture$69MDebt$134MSeries A
Latest round
Series A, $134MSept 2026
Led by
Khosla Ventures and Doerr Capital
Step-upi
1.9×
Investors
12 (2 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.

2026
$17MVenture$69MDebt$134MSeries A
First round
Venture, $17M
Jul 2025
Biggest round
$134M
Series A · Sept 2026
Between rounds
14 months
from the last two

The rounds

  1. Sept 2026
  2. Sept 2026
  3. Jul 2025

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.

Everyone who backed them

Khosla VenturesVC firm3rounds, led 1
Pear VCVC firm3rounds
Breakthrough EnergyVC firm2rounds
Toyota VenturesVC firm2rounds
Clean Energy VenturesVC firm2rounds
Doerr CapitalVC firm1round, led 1
Third DerivativeAccelerator1round
Gates FrontierGrowth equity1round
CEVVC firm1round
U.S. GovernmentVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Hertha Metals 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.

Global Brain CorporationVC firmPer its own site

Quick answers about Hertha Metals

Who invested in Hertha Metals?

Hertha Metals's investors include Khosla Ventures, Pear VC, Breakthrough Energy, Toyota Ventures and Clean Energy Ventures, and 7 more on record. Khosla Ventures led its latest round.

How much has Hertha Metals raised?

Hertha Metals has raised $219M across 3 rounds since 2025.

When did Hertha Metals last raise?

Hertha Metals's most recent round was a Series A of $134M in Sept 2026, led by Khosla Ventures.

What was Hertha Metals's biggest round?

Its most recent round, $134M in Sept 2026, is also its largest on record.

Who backed Hertha Metals first?

Hertha Metals's first round on record, in Jul 2025, was backed by Khosla Ventures, Pear VC and Breakthrough Energy and 2 others.

What stage is Hertha Metals at?

Hertha Metals's latest named round is a Series A, in Sept 2026.

Where is Hertha Metals based?

Hertha Metals is based in the United States.

Who led Hertha Metals's rounds?

Khosla Ventures led the Series A in 2026.

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