# Membrion funding: rounds and investors > Membrion has raised $22M across 2 rounds since 2018. Investors include National Science Foundation, Safar Partners and Indico Capital Partners. Source: https://millionrounds.com/company/membrion (Millionrounds; every figure on the page links to its filing or article) United States · [Series B startup](https://millionrounds.com/companies) # Who invested in *Membrion* 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. Manufacturing Funding summary Updated 26 Oct 2026 **$22M** raised across 2 rounds since 2018, from 2 sources **$2.3M** Seed **$20M** Series B - **Latest round:** Series B, $20M Oct 2025 - **Step-up i:** 8.9× - **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 2023 2024 2025 **$2.3M** Seed **$20M** Series B - **First round:** Seed, $2.3M - **Biggest round:** $20M - **Between rounds:** 6.8 years ## The rounds - **Oct 2025** Series B **$20M** *3 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Safar Partners](https://millionrounds.com/fund/safar-partners) [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) Source recorded SEC filing: $20M sold, first sale Jun 2025 - **Dec 2018** Seed **$2.3M** *3 new* [Sierra Angels](https://millionrounds.com/fund/sierra-angels) [Bellingham Angel Investors](https://millionrounds.com/fund/bellingham-angel-investors) Sand Hill Angels/ E8 Reported by FinSMEs SEC filing: $1.5M sold, first sale Aug 2018 ## Founders and team From Membrion's own website: 13 on the team. - **Greg Newbloom** Chief Executive Officer - **Andrea Johnston** Chief Financial Officer - **Rachel Malone** Chief of Staff - **Tom Mitchell** Chief Operating Officer - **Emily Rabe** VP of Technology - **Aditya Salunkhe** Senior Engineer - **Chris Kane** Director of Products & Partnerships - **Krista Ramirez** Director of Sales - **Michael Frank** Production Manager - **Michael Moreland** Senior Customer Success Engineer - **Ryan Flores** Senior Scientist - **Stephanie Candelaria** Staff Engineer - **Unnati Rao** Staff Engineer ## 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. **Seed** 2018 **Series B** 2025 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Safar Partners](https://millionrounds.com/fund/safar-partners) [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) [Sierra Angels](https://millionrounds.com/fund/sierra-angels) [Bellingham Angel Investors](https://millionrounds.com/fund/bellingham-angel-investors) Sand Hill Angels/ E8 ## Everyone who backed them [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round [Safar Partners](https://millionrounds.com/fund/safar-partners) VC firm **1** round [Indico Capital Partners](https://millionrounds.com/fund/indico-capital-partners) Accelerator **1** round [Sierra Angels](https://millionrounds.com/fund/sierra-angels) Angel network **1** round [Bellingham Angel Investors](https://millionrounds.com/fund/bellingham-angel-investors) Angel network **1** round Sand Hill Angels/ E8 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=membrion). ## Also claim to have backed them These 2 firms list Membrion as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Lam Capital](https://millionrounds.com/fund/lam-capital) VC firm Per its own site [PureTerra Ventures](https://millionrounds.com/fund/pureterra-ventures) VC firm Per its own site ## Quick answers about Membrion ### Who invested in Membrion? Membrion's investors include National Science Foundation, Safar Partners, Indico Capital Partners, Sierra Angels and Bellingham Angel Investors, and 1 more on record. ### How much has Membrion raised? Membrion has raised $22M across 2 rounds since 2018. ### When did Membrion last raise? Membrion's most recent round was a Series B of $20M in Oct 2025. ### What was Membrion's biggest round? Its most recent round, $20M in Oct 2025, is also its largest on record. ### Who backed Membrion first? Membrion's first round on record, in Dec 2018, was backed by Sierra Angels, Bellingham Angel Investors and Sand Hill Angels/ E8. ### What stage is Membrion at? Membrion's latest named round is a Series B, in Oct 2025. ### Where is Membrion based? Membrion is based in the United States. ## Companies like Membrion In the same sector, and raised in the last eighteen months. 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