# Magrathea funding: rounds and investors

> Magrathea has raised $34M across 2 rounds since 2023. Investors include Valor Equity Partners and Compound. Every round with its source.

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

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

# Who invested in *Magrathea*

2 rounds we have observed, with the 2 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.

Automotive & EVs

Raised 8 months ago

Funding summary Updated 26 Oct 2026

**$34M** raised across 2 rounds since 2023, from 2 sources

**$10M** Seed **$24M** Series A

- **Latest round:** Series A, $24M Mar 2026
- **Step-up i:** 2.4×
- **Investors:** 2

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.

2024 2025 2026

**$10M** Seed

**$24M** Series A

- **First round:** Seed, $10M
- **Biggest round:** $24M
- **Between rounds:** 2.8 years

## The rounds

- **Mar 2026** Series A **$24M** *2 returning* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Compound](https://millionrounds.com/fund/compound-4) Source recorded
- **Jun 2023** Seed **$10M** *2 new* [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Compound](https://millionrounds.com/fund/compound-4) Source recorded

## 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** 2023 **Series A** 2026 [Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) [Compound](https://millionrounds.com/fund/compound-4)

## Everyone who backed them

[Valor Equity Partners](https://millionrounds.com/fund/valor-equity-partners) VC firm **2** rounds

[Compound](https://millionrounds.com/fund/compound-4) VC firm **2** rounds

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

## Also claim to have backed them

This firm lists Magrathea as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Unbundled VC](https://millionrounds.com/fund/unbundled-vc) VC firm Per its own site

## Quick answers about Magrathea

### Who invested in Magrathea?

Magrathea's investors include Valor Equity Partners and Compound.

### How much has Magrathea raised?

Magrathea has raised $34M across 2 rounds since 2023.

### When did Magrathea last raise?

Magrathea's most recent round was a Series A of $24M in Mar 2026.

### What was Magrathea's biggest round?

Its most recent round, $24M in Mar 2026, is also its largest on record.

### Who backed Magrathea first?

Magrathea's first round on record, in Jun 2023, was backed by Valor Equity Partners and Compound.

### What stage is Magrathea at?

Magrathea's latest named round is a Series A, in Mar 2026.

### Where is Magrathea based?

Magrathea is based in the United States.

## Companies like Magrathea

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

[**Applied Intuition** $640M · Oct 2026](https://millionrounds.com/company/applied-intuition)[**American Metal** $1.7M · Oct 2026](https://millionrounds.com/company/american-metal)[**Waymo** $27B · Oct 2026](https://millionrounds.com/company/waymo)[**Flai** $32M · Oct 2026](https://millionrounds.com/company/flai)[**Bloom** $418M · Oct 2026](https://millionrounds.com/company/bloom)[**Simple Energy** $199M · Sept 2026](https://millionrounds.com/company/simple-energy)

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