# MagicAI funding: rounds and investors > MagicAI has raised $12M across 2 rounds since 2018. Investors include IW Capital, SFC Capital and Beringea. Every round with its source. Source: https://millionrounds.com/company/magicai (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *MagicAI* 2 rounds we have observed, with the 9 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. AI Biotech Healthcare Raised 2 months ago Funding summary Updated 26 Oct 2026 **$12M** raised across 2 rounds since 2018, from 4 sources **$1.2M** Seed **$11M** Series B - **Latest round:** Series B, $11M Sept 2026 - **Led by:** IW Capital - **Step-up i:** 8.9× - **Investors:** 9 (1 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. 2018 2020 2022 2024 2026 **$1.2M** Seed **$11M** Series B - **First round:** Seed, $1.2M - **Biggest round:** $11M - **Between rounds:** 8.3 years ## The rounds - **Sept 2026** Series B **$11M** *8 new* [IW Capital](https://millionrounds.com/fund/iw-capital) Lead [SFC Capital](https://millionrounds.com/fund/sfc-capital) [Beringea](https://millionrounds.com/fund/beringea) [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) [Active Partners](https://millionrounds.com/fund/active-partners) [Ventures Together](https://millionrounds.com/fund/ventures-together) [Accelerate Ventures](https://millionrounds.com/fund/accelerate-ventures) [PXN Group](https://millionrounds.com/fund/pxn-group) Reported by Firms' own news pages and 2 others - **Apr 2018** Seed **$1.2M** *1 new* Vani Khosla 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. **Seed** 2018 **Series B** 2026 [IW Capital](https://millionrounds.com/fund/iw-capital) L [SFC Capital](https://millionrounds.com/fund/sfc-capital) [Beringea](https://millionrounds.com/fund/beringea) [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) [Active Partners](https://millionrounds.com/fund/active-partners) [Ventures Together](https://millionrounds.com/fund/ventures-together) [Accelerate Ventures](https://millionrounds.com/fund/accelerate-ventures) [PXN Group](https://millionrounds.com/fund/pxn-group) Vani Khosla ## Everyone who backed them [IW Capital](https://millionrounds.com/fund/iw-capital) VC firm **1** round, led 1 [SFC Capital](https://millionrounds.com/fund/sfc-capital) Angel network **1** round [Beringea](https://millionrounds.com/fund/beringea) Private equity **1** round [Fasanara Capital](https://millionrounds.com/fund/fasanara-capital) Hedge fund **1** round [Active Partners](https://millionrounds.com/fund/active-partners) VC firm **1** round [Ventures Together](https://millionrounds.com/fund/ventures-together) VC firm **1** round [Accelerate Ventures](https://millionrounds.com/fund/accelerate-ventures) Accelerator **1** round [PXN Group](https://millionrounds.com/fund/pxn-group) Growth equity **1** round Vani Khosla 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=magicai). ## Quick answers about MagicAI ### Who invested in MagicAI? MagicAI's investors include IW Capital, SFC Capital, Beringea, Fasanara Capital and Active Partners, and 4 more on record. IW Capital led its latest round. ### How much has MagicAI raised? MagicAI has raised $12M across 2 rounds since 2018. ### When did MagicAI last raise? MagicAI's most recent round was a Series B of $11M in Sept 2026, led by IW Capital. ### What was MagicAI's biggest round? Its most recent round, $11M in Sept 2026, is also its largest on record. ### Who backed MagicAI first? MagicAI's first round on record, in Apr 2018, was backed by Vani Khosla. ### What stage is MagicAI at? MagicAI's latest named round is a Series B, in Sept 2026. ### Where is MagicAI based? MagicAI is based in the United States. ### Who led MagicAI's rounds? IW Capital led the Series B in 2026. ## Companies like MagicAI In the same sector, and raised in the last eighteen months. [**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Star Therapeutics** $325M · Oct 2026](https://millionrounds.com/company/star-therapeutics)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika) ## 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