# Kraken Oil & Gas funding: rounds and investors

> Kraken Oil & Gas has raised $400M across 1 round since 2026. Investors include Wells Fargo and British Business Bank. Every round with its source.

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

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

# Who invested in *Kraken Oil & Gas*

One round we have observed, with the 2 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.

Energy

Raised 6 months ago

Funding summary Updated 26 Oct 2026

**$400M** raised across 1 round since 2026, from 2 sources

- **Latest round:** Debt, $400M May 2026
- **Investors:** 2

See who backed them

## The rounds

- **May 2026** Debt **$400M** [Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) [British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) Source recorded and 1 other

## Everyone who backed them

[Wells Fargo](https://millionrounds.com/fund/wells-fargo-bank-office) Corporate VC **1** round

[British Business Bank](https://millionrounds.com/fund/national-security-strategic-investment-fund) Corporate VC **1** round

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

## Quick answers about Kraken Oil & Gas

### Who invested in Kraken Oil & Gas?

Kraken Oil & Gas's investors include Wells Fargo and British Business Bank.

### How much has Kraken Oil & Gas raised?

Kraken Oil & Gas has raised $400M across 1 round since 2026.

### When did Kraken Oil & Gas last raise?

Kraken Oil & Gas's most recent round was a Debt of $400M in May 2026.

### What was Kraken Oil & Gas's biggest round?

Its most recent round, $400M in May 2026, is also its largest on record.

### Who backed Kraken Oil & Gas first?

Kraken Oil & Gas's first round on record, in May 2026, was backed by Wells Fargo and British Business Bank.

### What stage is Kraken Oil & Gas at?

Kraken Oil & Gas's latest named round is a Debt, in May 2026.

### Where is Kraken Oil & Gas based?

Kraken Oil & Gas is based in the United States.

## Companies like Kraken Oil & Gas

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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