# Inception funding: rounds and investors

> Inception has raised $50M across 1 round since 2025. Investors include Menlo Ventures, Mayfield Fund and Neo. Every round with its source.

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

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

# Who invested in *Inception*

One round we have observed, with the 16 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.

AI VR & AR

Raised 12 months ago

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Funding summary Updated 5 Nov 2026

**$50M** raised across 1 round since 2025, from 2 sources

- **Latest round:** Seed, $50M Nov 2025
- **Led by:** Menlo Ventures
- **Investors:** 16 (1 led)

See who backed them

## The rounds

- **Nov 2025** Seed **$50M** [Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) Lead [Mayfield Fund](https://millionrounds.com/fund/mayfield) [Neo](https://millionrounds.com/fund/neo) [Dreamit Ventures](https://millionrounds.com/fund/dreamit-ventures) [Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) [Amplify Partners](https://millionrounds.com/fund/amplify-partners) [Endeavor](https://millionrounds.com/fund/endeavor) [Microsoft](https://millionrounds.com/fund/microsoft) [nVentures](https://millionrounds.com/fund/nventures-2) [Neotribe Ventures](https://millionrounds.com/fund/neotribe-ventures) [Andrej Karpathy](https://millionrounds.com/fund/andrej-karpathy) [Snowflake Ventures](https://millionrounds.com/fund/snowflake-startup-challenge) [Microsoft's M12 fund](https://millionrounds.com/fund/microsoft-s-m12-fund) [Andrew Ng](https://millionrounds.com/fund/andrew-ng) [Databricks Investment](https://millionrounds.com/fund/databricks-investment) [Nvidia's venture arm NVentures](https://millionrounds.com/fund/nvidia-s-venture-arm-nventures) Reported by TechCrunch and 1 other SEC filing: $5.1M sold, first sale Jan 2026

## Everyone who backed them

[Menlo Ventures](https://millionrounds.com/fund/menlo-ventures) VC firm **1** round, led 1

[Mayfield Fund](https://millionrounds.com/fund/mayfield) VC firm **1** round

[Neo](https://millionrounds.com/fund/neo) Accelerator **1** round

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

[Innovation Endeavors](https://millionrounds.com/fund/innovation-endeavors) VC firm **1** round

[Amplify Partners](https://millionrounds.com/fund/amplify-partners) VC firm **1** round

[Endeavor](https://millionrounds.com/fund/endeavor) Corporate VC **1** round

[Microsoft](https://millionrounds.com/fund/microsoft) Corporate VC **1** round

[nVentures](https://millionrounds.com/fund/nventures-2) VC firm **1** round

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

[Andrej Karpathy](https://millionrounds.com/fund/andrej-karpathy) VC firm **1** round

[Snowflake Ventures](https://millionrounds.com/fund/snowflake-startup-challenge) Corporate VC **1** round

[Microsoft's M12 fund](https://millionrounds.com/fund/microsoft-s-m12-fund) VC firm **1** round

[Andrew Ng](https://millionrounds.com/fund/andrew-ng) Angel **1** round

[Databricks Investment](https://millionrounds.com/fund/databricks-investment) VC firm **1** round

[Nvidia's venture arm NVentures](https://millionrounds.com/fund/nvidia-s-venture-arm-nventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists Inception 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.

[Ataria](https://millionrounds.com/fund/ataria) Corporate VC Per its own site

## Quick answers about Inception

### Who invested in Inception?

Inception's investors include Menlo Ventures, Mayfield Fund, Neo, Dreamit Ventures and Innovation Endeavors, and 11 more on record. Menlo Ventures led its latest round.

### How much has Inception raised?

Inception has raised $50M across 1 round since 2025.

### When did Inception last raise?

Inception's most recent round was a Seed of $50M in Nov 2025, led by Menlo Ventures.

### What was Inception's biggest round?

Its most recent round, $50M in Nov 2025, is also its largest on record.

### Who backed Inception first?

Inception's first round on record, in Nov 2025, was backed by Menlo Ventures, Mayfield Fund and Neo and 13 others.

### What stage is Inception at?

Inception's latest named round is a Seed, in Nov 2025.

### Where is Inception based?

Inception is based in the United States.

### Who led Inception's rounds?

Menlo Ventures led the Seed in 2025.

## Companies like Inception

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

[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**e2e** $8.0M · Nov 2026](https://millionrounds.com/company/e2e)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)

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