# maxwell+spark funding: rounds and investors

> maxwell+spark has raised $43M across 2 rounds since 2025. Investors include Chevron Technology Ventures, Klima and Idemitsu. Every round with its source.

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

South Africa · [Series B startup](https://millionrounds.com/companies)

# Who invested in *maxwell+spark*

2 rounds we have observed, with the 3 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.

Cleantech Climate Tech Energy Logistics

Raised 12 months ago

Follow maxwell+spark and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fmaxwell-spark)

Funding summary Updated 5 Nov 2026

**$43M** raised across 2 rounds since 2025, from 2 sources

**$28M** Series B **$15M** Series B

- **Latest round:** Series B, $15M Nov 2025
- **Led by:** Klima
- **Biggest round:** $28M Series B · Sept 2025
- **Investors:** 3 (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.

2026

**$28M** Series B

**$15M** Series B

- **First round:** Series B, $28M
- **Biggest round:** $28M
- **Between rounds:** 2 months

## The rounds

- **Nov 2025** Series B **$15M** *2 new* *1 returning* [Klima](https://millionrounds.com/fund/klima) Lead [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) [Idemitsu](https://millionrounds.com/fund/idemitsu) Reported by Disrupt Africa
- **Sept 2025** Series B **$28M** *1 new* [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) 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.

**Series B** 2025 **Series B** 2025 [Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) [Klima](https://millionrounds.com/fund/klima) L [Idemitsu](https://millionrounds.com/fund/idemitsu)

## Everyone who backed them

[Chevron Technology Ventures](https://millionrounds.com/fund/chevron-technology-ventures) Corporate VC **2** rounds

[Klima](https://millionrounds.com/fund/klima) Growth equity **1** round, led 1

[Idemitsu](https://millionrounds.com/fund/idemitsu) Growth equity **1** round

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

## Quick answers about maxwell+spark

### Who invested in maxwell+spark?

maxwell+spark's investors include Chevron Technology Ventures, Klima and Idemitsu. Klima led its latest round.

### How much has maxwell+spark raised?

maxwell+spark has raised $43M across 2 rounds since 2025.

### When did maxwell+spark last raise?

maxwell+spark's most recent round was a Series B of $15M in Nov 2025, led by Klima.

### What was maxwell+spark's biggest round?

maxwell+spark's largest round on record is $28M (Series B), in Sept 2025.

### Who backed maxwell+spark first?

maxwell+spark's first round on record, in Sept 2025, was backed by Chevron Technology Ventures.

### What stage is maxwell+spark at?

maxwell+spark's latest named round is a Series B, in Nov 2025.

### Where is maxwell+spark based?

maxwell+spark is based in South Africa.

### Who led maxwell+spark's rounds?

Klima led the Series B in 2025.

## Companies like maxwell+spark

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

[**Creslow Energy Solutions** Jun 2026](https://millionrounds.com/company/creslow-energy-solutions)[**Kloset Klub** Jun 2026](https://millionrounds.com/company/kloset-klub)[**Breaze Delivery** $1.2M · Jun 2026](https://millionrounds.com/company/breaze-delivery)[**Shiprazor** $2.6M · May 2026](https://millionrounds.com/company/shiprazor)[**Plentify** Nov 2025](https://millionrounds.com/company/plentify)[**SolarSaver** $60M · Nov 2025](https://millionrounds.com/company/solarsaver)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app