# Lunar Energy funding: rounds and investors

> Lunar Energy has raised $334M across 2 rounds since 2026. Investors include B Capital, Prelude Ventures and Activate Capital. Every round with its source.

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

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

# Who invested in *Lunar Energy*

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.

Cleantech Climate Tech Energy

Raised 9 months ago

Follow Lunar Energy and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Flunar-energy)

Funding summary Updated 27 Oct 2026

**$334M** raised across 2 rounds since 2026, from 2 sources

**$102M** Series D **$232M** Series D

- **Latest round:** Series D, $232M Feb 2026
- **Led by:** B Capital and Prelude Ventures and 1 more
- **Step-up i:** 2.3×
- **Investors:** 5 (3 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.

2027

**$102M** Series D

**$232M** Series D

- **First round:** Series D, $102M
- **Biggest round:** $232M

## The rounds

- **Feb 2026** Series D **$232M** *2 new* *1 returning* [B Capital](https://millionrounds.com/fund/b-capital) Lead [Prelude Ventures](https://millionrounds.com/fund/prelude-ventures) Lead [Activate Capital](https://millionrounds.com/fund/activate-capital) Lead Reported by TechCrunch
- **Feb 2026** Series D **$102M** *3 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [B Capital](https://millionrounds.com/fund/b-capital) [DCVC](https://millionrounds.com/fund/data-collective) Source recorded

## Founders and team

From Lunar Energy's own website: 1 founder, 4 on the team.

**Kunal Girotra** Founder and CEO

- **Mark Gudiksen** President
- **Mark Holveck** Chief Architect
- **Ed Gunn** VP of Revenue
- **Rishi Simha** VP of Finance and Accounting

## 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 D** 2026 **Series D** 2026 [B Capital](https://millionrounds.com/fund/b-capital) L [Prelude Ventures](https://millionrounds.com/fund/prelude-ventures) L [Activate Capital](https://millionrounds.com/fund/activate-capital) L [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [DCVC](https://millionrounds.com/fund/data-collective)

## Everyone who backed them

[B Capital](https://millionrounds.com/fund/b-capital) VC firm **2** rounds, led 1

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

[Activate Capital](https://millionrounds.com/fund/activate-capital) VC firm **1** round, led 1

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[DCVC](https://millionrounds.com/fund/data-collective) VC firm **1** round

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

## Quick answers about Lunar Energy

### Who invested in Lunar Energy?

Lunar Energy's investors include B Capital, Prelude Ventures, Activate Capital, Alumni Ventures and DCVC. B Capital led its latest round.

### How much has Lunar Energy raised?

Lunar Energy has raised $334M across 2 rounds since 2026.

### When did Lunar Energy last raise?

Lunar Energy's most recent round was a Series D of $232M in Feb 2026, led by B Capital.

### What was Lunar Energy's biggest round?

Its most recent round, $232M in Feb 2026, is also its largest on record.

### Who backed Lunar Energy first?

Lunar Energy's first round on record, in Feb 2026, was backed by Alumni Ventures, B Capital and DCVC.

### What stage is Lunar Energy at?

Lunar Energy's latest named round is a Series D, in Feb 2026.

### Where is Lunar Energy based?

Lunar Energy is based in the United States.

### Who led Lunar Energy's rounds?

B Capital led the Series D in 2026.

## Companies like Lunar Energy

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)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

## 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
