# Karman Industries funding: rounds and investors

> Karman Industries has raised $20M across 2 rounds since 2025. Investors include Wonder Ventures. Every round with its source.

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

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

# Who invested in *Karman Industries*

2 rounds we have observed, with the one investor 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.

Manufacturing

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$20M** raised across 2 rounds since 2025, from 2 sources

- **Latest round:** Venture Mar 2026
- **Biggest round:** $20M Series A · Sept 2025
- **Investors:** 1

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

**$20M** Series A

**?** Venture

- **First round:** Series A, $20M
- **Biggest round:** $20M
- **Between rounds:** 6 months

## The rounds

- **Mar 2026** Venture **Amount undisclosed** *1 returning* [Wonder Ventures](https://millionrounds.com/fund/wonder-ventures) Source recorded
- **Sept 2025** Series A **$20M** *1 new* [Wonder Ventures](https://millionrounds.com/fund/wonder-ventures) Source recorded

## Everyone who backed them

[Wonder Ventures](https://millionrounds.com/fund/wonder-ventures) VC firm **2** rounds

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

## Also claim to have backed them

These 2 firms list Karman Industries as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Wonder Ventures](https://millionrounds.com/fund/wonder-ventures-2) VC firm Per its own site

[Ambition Capital](https://millionrounds.com/fund/ambition-capital-2) VC firm Per its own site

## Quick answers about Karman Industries

### Who invested in Karman Industries?

Karman Industries's investors include Wonder Ventures.

### How much has Karman Industries raised?

Karman Industries has raised $20M across 2 rounds since 2025. One round did not disclose an amount, so the total is a floor.

### When did Karman Industries last raise?

Karman Industries's most recent round was a Venture in Mar 2026.

### What was Karman Industries's biggest round?

Karman Industries's largest round on record is $20M (Series A), in Sept 2025.

### Who backed Karman Industries first?

Karman Industries's first round on record, in Sept 2025, was backed by Wonder Ventures.

### What stage is Karman Industries at?

Karman Industries's latest named round is a Venture, in Mar 2026.

### Where is Karman Industries based?

Karman Industries is based in the United States.

## Companies like Karman Industries

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

[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**ZwitterCo** $58M · Oct 2026](https://millionrounds.com/company/zwitterco)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Arda** $233M · Oct 2026](https://millionrounds.com/company/arda)[**Origin** $121M · Oct 2026](https://millionrounds.com/company/origin)[**Jeevy Fabrication** Oct 2026](https://millionrounds.com/company/jeevy-fabrication)

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