# Material Exchange funding: rounds and investors

> Material Exchange has raised $27M across 1 round since 2022. Investors include Partech Ventures, Inventure and Norrsken VC. Every round with its source.

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

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

# Who invested in *Material Exchange*

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.

Software

Funding summary Updated 26 Oct 2026

**$27M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series A, $27M Apr 2022
- **Investors:** 5

See who backed them

## The rounds

- **Apr 2022** Series A **$27M** [Partech Ventures](https://millionrounds.com/fund/partech) [Inventure](https://millionrounds.com/fund/inventure) [Norrsken VC](https://millionrounds.com/fund/norrsken-vc) [Molten Ventures](https://millionrounds.com/fund/molten-ventures) [Day One Capital](https://millionrounds.com/fund/day-one-capital) Source recorded

## Everyone who backed them

[Partech Ventures](https://millionrounds.com/fund/partech) VC firm **1** round

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

[Norrsken VC](https://millionrounds.com/fund/norrsken-vc) Accelerator **1** round

[Molten Ventures](https://millionrounds.com/fund/molten-ventures) VC firm **1** round

[Day One Capital](https://millionrounds.com/fund/day-one-capital) VC firm **1** round

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

## Quick answers about Material Exchange

### Who invested in Material Exchange?

Material Exchange's investors include Partech Ventures, Inventure, Norrsken VC, Molten Ventures and Day One Capital.

### How much has Material Exchange raised?

Material Exchange has raised $27M across 1 round since 2022.

### When did Material Exchange last raise?

Material Exchange's most recent round was a Series A of $27M in Apr 2022.

### What was Material Exchange's biggest round?

Its most recent round, $27M in Apr 2022, is also its largest on record.

### Who backed Material Exchange first?

Material Exchange's first round on record, in Apr 2022, was backed by Partech Ventures, Inventure and Norrsken VC and 2 others.

### What stage is Material Exchange at?

Material Exchange's latest named round is a Series A, in Apr 2022.

### Where is Material Exchange based?

Material Exchange is based in Sweden.

## Companies like Material Exchange

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

[**Legora** $1.3B · Oct 2026](https://millionrounds.com/company/legora)[**Elvy** $595M · Oct 2026](https://millionrounds.com/company/elvy)[**Evam** $5.3M · Sept 2026](https://millionrounds.com/company/evam)[**Lovable** $1.4B · Aug 2026](https://millionrounds.com/company/lovable)[**Aloi** $7.0M · Aug 2026](https://millionrounds.com/company/aloi)[**Univrses** $889K · Apr 2026](https://millionrounds.com/company/univrses)

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