# Magna funding: rounds and investors

> Magna has raised $15M across 1 round since 2022. Investors include Y Combinator, Alumni Ventures and Plug and Play. Every round with its source.

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

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

# Who invested in *Magna*

One round we have observed, with the 5 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.

DeFi

Y Combinator: W22

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2022, from 1 source

- **Latest round:** Seed, $15M Sept 2022
- **Investors:** 5

See who backed them

## The rounds

- **Sept 2022** Seed **$15M** [Y Combinator](https://millionrounds.com/fund/y-combinator) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Polygon](https://millionrounds.com/fund/polygon) Source recorded

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

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

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **1** round

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

[Polygon](https://millionrounds.com/fund/polygon) Hedge fund **1** round

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

## Quick answers about Magna

### Who invested in Magna?

Magna's investors include Y Combinator, Alumni Ventures, Plug and Play, Tiger Global Management and Polygon.

### How much has Magna raised?

Magna has raised $15M across 1 round since 2022.

### When did Magna last raise?

Magna's most recent round was a Seed of $15M in Sept 2022.

### What was Magna's biggest round?

Its most recent round, $15M in Sept 2022, is also its largest on record.

### Who backed Magna first?

Magna's first round on record, in Sept 2022, was backed by Y Combinator, Alumni Ventures and Plug and Play and 2 others.

### What stage is Magna at?

Magna's latest named round is a Seed, in Sept 2022.

### Where is Magna based?

Magna is based in the United States.

## Companies like Magna

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

[**Ethos Network** $8.4M · Sept 2026](https://millionrounds.com/company/ethos-network)[**Helios** $20M · Sept 2026](https://millionrounds.com/company/helios)[**Superset** $81M · Aug 2026](https://millionrounds.com/company/super-set)[**Gauntlet** $125M · Jul 2026](https://millionrounds.com/company/gauntlet)[**Digital Asset** $580M · Jun 2026](https://millionrounds.com/company/digital-asset)[**Cambrian** $12M · Jun 2026](https://millionrounds.com/company/cambrian)

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