United States · Funded startup

Who invested in Marel Power Solutions

3 rounds we have observed, with the 4 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.

EnergyHardware & ElectronicsSemiconductors

Raised 2 months ago

Funding summaryUpdated 26 Oct 2026

$1.9Mraised across 3 rounds since 2024, from 4 sources

$50KGrant$1.9MGrant
Latest round
Grant, $1.9MSept 2026
Step-upi
38×
Investors
4 (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.

20252026
$50KGrant?Round$1.9MGrant
First round
Grant, $50K
Dec 2024
Biggest round
$1.9M
Grant · Sept 2026
Usual gap between rounds
14 months
the median of 2

The rounds

  1. Sept 2026
    Grant$1.9M3 returning

    Source recorded

  2. Jul 2025
    RoundAmount undisclosed1 new

    Reported by Firms' own news pages and 1 other

  3. Dec 2024
    Grant$50K3 new

    Source recorded

Founders and team

From Marel Power Solutions's own website: 3 on the team.

  • Amrit VivekanandChief Executive Officer
  • Garry MillerChief Operating Officer
  • Ian ByersChief Technology Officer

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.

Grant2024Round2025Grant2026National Science FoundationUS Department of EnergyMichigan RiseSemilla VenturesL

Everyone who backed them

National Science FoundationGovernment2rounds
US Department of EnergyGovernment2rounds
Michigan RiseVC firm2rounds
Semilla VenturesVC firm1round, led 1

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists Marel Power Solutions 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.

K2X CapitalVC firmPer its own site

Quick answers about Marel Power Solutions

Who invested in Marel Power Solutions?

Marel Power Solutions's investors include National Science Foundation, US Department of Energy, Michigan Rise and Semilla Ventures.

How much has Marel Power Solutions raised?

Marel Power Solutions has raised $1.9M across 3 rounds since 2024. One round did not disclose an amount, so the total is a floor.

When did Marel Power Solutions last raise?

Marel Power Solutions's most recent round was a Grant of $1.9M in Sept 2026.

What was Marel Power Solutions's biggest round?

Its most recent round, $1.9M in Sept 2026, is also its largest on record.

Who backed Marel Power Solutions first?

Marel Power Solutions's first round on record, in Dec 2024, was backed by National Science Foundation, US Department of Energy and Michigan Rise.

What stage is Marel Power Solutions at?

Marel Power Solutions's latest named round is a Grant, in Sept 2026.

Where is Marel Power Solutions based?

Marel Power Solutions is based in the United States.

Who led Marel Power Solutions's rounds?

Semilla Ventures led the funding round in 2025.

Companies like Marel Power Solutions

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

Amogy$125M · Oct 2026LanzaJet$67M · Oct 2026Pivot Energy$500M · Oct 2026Pennsylvania American Water$43M · Oct 2026Peak Energy$163M · Oct 2026Vertical Semiconductor$84M · Oct 2026

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