# Malt funding: rounds and investors

> Malt has raised $90M across 2 rounds since 2019. Investors include Serena, Bpifrance and Idinvest Partners. Every round with its source.

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

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

# Who invested in *Malt*

2 rounds we have observed, with the 6 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.

B2C

Funding summary Updated 26 Oct 2026

**$90M** raised across 2 rounds since 2019, from 2 sources

**$29M** Round **$61M** Series D

- **Latest round:** Series D, $61M Jul 2022
- **Step-up i:** 2.1×
- **Investors:** 6

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

**$29M** Round

**$61M** Series D

- **First round:** Round, $29M
- **Biggest round:** $61M
- **Between rounds:** 3.4 years

## The rounds

- **Jul 2022** Series D **$61M** *4 new* *1 returning* [Bpifrance](https://millionrounds.com/fund/bpifrance) [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Eurazeo](https://millionrounds.com/fund/eurazeo) [Serena](https://millionrounds.com/fund/serena) [Isai](https://millionrounds.com/fund/isai) Source recorded
- **Feb 2019** Round **$29M** *2 new* [Serena](https://millionrounds.com/fund/serena) Idinvest Partners/ ISAI Reported by TechCrunch SEC filing: $750K sold, first sale Feb 2019

## 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.

**Round** 2019 **Series D** 2022 [Serena](https://millionrounds.com/fund/serena) [Bpifrance](https://millionrounds.com/fund/bpifrance) [Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) [Eurazeo](https://millionrounds.com/fund/eurazeo) [Isai](https://millionrounds.com/fund/isai) Idinvest Partners/ ISAI

## Everyone who backed them

[Serena](https://millionrounds.com/fund/serena) VC firm **2** rounds

[Bpifrance](https://millionrounds.com/fund/bpifrance) Government **1** round

[Idinvest Partners](https://millionrounds.com/fund/idinvest-partners) Private equity **1** round

[Eurazeo](https://millionrounds.com/fund/eurazeo) Private equity **1** round

[Isai](https://millionrounds.com/fund/isai) VC firm **1** round

Idinvest Partners/ ISAI 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=malt).

## Also claim to have backed them

This firm lists Malt 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.

[Flag](https://millionrounds.com/fund/flag) VC firm Per its own site

## Quick answers about Malt

### Who invested in Malt?

Malt's investors include Serena, Bpifrance, Idinvest Partners, Eurazeo and Isai, and 1 more on record.

### How much has Malt raised?

Malt has raised $90M across 2 rounds since 2019.

### When did Malt last raise?

Malt's most recent round was a Series D of $61M in Jul 2022.

### What was Malt's biggest round?

Its most recent round, $61M in Jul 2022, is also its largest on record.

### Who backed Malt first?

Malt's first round on record, in Feb 2019, was backed by Serena and Idinvest Partners/ ISAI.

### What stage is Malt at?

Malt's latest named round is a Series D, in Jul 2022.

### Where is Malt based?

Malt is based in France.

## Companies like Malt

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

[**Verso** $6.0M · Oct 2026](https://millionrounds.com/company/verso)[**Olenbee** $7.5M · Sept 2026](https://millionrounds.com/company/olenbee)[**Kolet** $10M · Jun 2025](https://millionrounds.com/company/kolet)[**Nirva** $25M · Oct 2026](https://millionrounds.com/company/nirva)[**Onto** $125M · Oct 2026](https://millionrounds.com/company/onto)[**Dan-O's Seasoning** $25M · Oct 2026](https://millionrounds.com/company/dan-o-s-seasoning)

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