# Mavennet funding: rounds and investors

> Mavennet has raised $86K across 1 round since 2020. Investors include Government of Canada and Ontario Centres of Excellence. Every round with its source.

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

[Funded startup](https://millionrounds.com/companies)

# Who invested in *Mavennet*

One round we have observed, with the 2 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.

Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$86K** raised across 1 round since 2020, from 1 source

- **Latest round:** Grant, $86K Oct 2020
- **Investors:** 2

See who backed them

## The rounds

- **Oct 2020** Grant **$86K** [Government of Canada](https://millionrounds.com/fund/government-of-canada) [Ontario Centres of Excellence](https://millionrounds.com/fund/ontario-centres-of-excellence) Source recorded

## Founders and team

From Mavennet's own website: 2 on the team.

- **Patrick Mandic** CEO
- **Mahmoud Alkhraishi** Director of Engineering

## Everyone who backed them

[Government of Canada](https://millionrounds.com/fund/government-of-canada) Government **1** round

[Ontario Centres of Excellence](https://millionrounds.com/fund/ontario-centres-of-excellence) VC firm **1** round

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

## Quick answers about Mavennet

### Who invested in Mavennet?

Mavennet's investors include Government of Canada and Ontario Centres of Excellence.

### How much has Mavennet raised?

Mavennet has raised $86K across 1 round since 2020.

### When did Mavennet last raise?

Mavennet's most recent round was a Grant of $86K in Oct 2020.

### What was Mavennet's biggest round?

Its most recent round, $86K in Oct 2020, is also its largest on record.

### Who backed Mavennet first?

Mavennet's first round on record, in Oct 2020, was backed by Government of Canada and Ontario Centres of Excellence.

### What stage is Mavennet at?

Mavennet's latest named round is a Grant, in Oct 2020.

## Companies like Mavennet

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

[**OpenFX** $94M · Mar 2026](https://millionrounds.com/company/openfx)[**VeryAI** $10M · Mar 2026](https://millionrounds.com/company/veryai)[**OP_NET** $5.0M · Mar 2026](https://millionrounds.com/company/op-net)[**Utexo** $7.5M · Mar 2026](https://millionrounds.com/company/utexo)[**Stacks** $23M · Feb 2026](https://millionrounds.com/company/stacks)[**Kresus Labs** $13M · Feb 2026](https://millionrounds.com/company/kresus-labs)

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