# Liquid Instruments funding: rounds and investors > Liquid Instruments has raised $58M across 2 rounds since 2019. Investors include National Reconstruction Fund, Keysight Technologies and Lockheed Martin. Source: https://millionrounds.com/company/liquid-instruments (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # Who invested in *Liquid Instruments* 2 rounds we have observed, with the 5 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. Aerospace & Space AI Deeptech Defence Tech Raised 6 months ago Follow Liquid Instruments and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fliquid-instruments) Funding summary Updated 5 Nov 2026 **$58M** raised across 2 rounds since 2019, from 2 sources **$8.2M** Series A **$50M** Series C - **Latest round:** Series C, $50M Apr 2026 - **Led by:** National Reconstruction Fund and Keysight Technologies - **Step-up i:** 6.1× - **Investors:** 5 (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. 2019 2020 2021 2022 2023 2024 2025 2026 **$8.2M** Series A **$50M** Series C - **First round:** Series A, $8.2M - **Biggest round:** $50M - **Between rounds:** 7.3 years ## The rounds - **Apr 2026** Series C **$50M** *4 new* [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) Lead [Keysight Technologies](https://millionrounds.com/fund/keysight-technologies) Lead [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Anzu Partners](https://millionrounds.com/fund/anzu-partners) Reported by Startup Daily - **Jan 2019** Series A **$8.2M** *1 new* Anzu Partners/ ANU Connect Reported by FinSMEs ## 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. **Series A** 2019 **Series C** 2026 [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) L [Keysight Technologies](https://millionrounds.com/fund/keysight-technologies) L [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) [Anzu Partners](https://millionrounds.com/fund/anzu-partners) Anzu Partners/ ANU Connect ## Everyone who backed them [National Reconstruction Fund](https://millionrounds.com/fund/national-reconstruction-fund) Growth equity **1** round, led 1 [Keysight Technologies](https://millionrounds.com/fund/keysight-technologies) Corporate VC **1** round, led 1 [Lockheed Martin](https://millionrounds.com/fund/lockheed-martin-ventures) Corporate VC **1** round [Anzu Partners](https://millionrounds.com/fund/anzu-partners) Private equity **1** round Anzu Partners/ ANU Connect no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=liquid-instruments). ## Also claim to have backed them These 2 firms list Liquid Instruments 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. [Breakthrough Victoria](https://millionrounds.com/fund/breakthrough-victoria) VC firm Per its own site [Significant Ventures](https://millionrounds.com/fund/significant-ventures) VC firm Per its own site ## Quick answers about Liquid Instruments ### Who invested in Liquid Instruments? Liquid Instruments's investors include National Reconstruction Fund, Keysight Technologies, Lockheed Martin, Anzu Partners and Anzu Partners/ ANU Connect. National Reconstruction Fund led its latest round. ### How much has Liquid Instruments raised? Liquid Instruments has raised $58M across 2 rounds since 2019. ### When did Liquid Instruments last raise? Liquid Instruments's most recent round was a Series C of $50M in Apr 2026, led by National Reconstruction Fund. ### What was Liquid Instruments's biggest round? Its most recent round, $50M in Apr 2026, is also its largest on record. ### Who backed Liquid Instruments first? Liquid Instruments's first round on record, in Jan 2019, was backed by Anzu Partners/ ANU Connect. ### What stage is Liquid Instruments at? Liquid Instruments's latest named round is a Series C, in Apr 2026. ### Where is Liquid Instruments based? Liquid Instruments is based in the United States. ### Who led Liquid Instruments's rounds? National Reconstruction Fund led the Series C in 2026. ## Companies like Liquid Instruments In the same sector, and raised in the last eighteen months. [**Laza Medical** $160M · Nov 2026](https://millionrounds.com/company/laza-medical)[**Journify** $12M · Nov 2026](https://millionrounds.com/company/journify)[**Nooks** $543M · Nov 2026](https://millionrounds.com/company/nooks)[**Applied Compute** $580M · Nov 2026](https://millionrounds.com/company/applied-compute)[**Agrani Labs** $123M · Nov 2026](https://millionrounds.com/company/agrani-labs)[**Guava** $13M · Nov 2026](https://millionrounds.com/company/guava) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app