United States · 
Who invested in Metal?
Metal's investors include Y Combinator, Base10 Partners, Andreessen Horowitz, FJ Labs and Pioneer Fund, and 6 more on record.
2026
$5.0MSeed?Venture$26MVenture
United States · Venture startup
Who invested in Metal
3 rounds we have observed, with the 11 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.
Raised 2 months agoY Combinator: W23
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Funding summaryUpdated 5 Nov 2026
$31Mraised across 3 rounds since 2025, from 5 sources
$5.0MSeed$26MVenture
- Latest round
- Venture, $26MSept 2026
- Step-upi
- 5.3×
- Investors
- 11 (1 led)
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Seed, $5.0M Sept 2025
- Biggest round
- $26M Venture · Sept 2026
- Usual gap between rounds
- 8 months the median of 2
The rounds
- Sept 2026Venture$26M
No investor was named in the report.
Source recorded
- Jun 2026VentureAmount undisclosed3 new1 returning
Source recorded
- Sept 2025Seed$5.0M8 new
Base10 PartnersLead
Y Combinator
FJ Labs
FirstMark
Shunwei Capital
Innoangel Fund- Yonghua Capital
Chapter One Ventures
Reported by AlleyWatch and 2 others
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.
Everyone who backed them
Yonghua CapitalVC firm1round
Missing a round, or an investor who was in one? Tell us.
Also claim to have backed them
These 3 firms list Metal 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.
Quick answers about Metal
How much has Metal raised?
Metal has raised $31M across 3 rounds since 2025. One round did not disclose an amount, so the total is a floor.
When did Metal last raise?
Metal's most recent round was a Venture of $26M in Sept 2026.
What was Metal's biggest round?
Its most recent round, $26M in Sept 2026, is also its largest on record.
Who backed Metal first?
Metal's first round on record, in Sept 2025, was backed by Base10 Partners, Y Combinator and FJ Labs and 5 others.
What stage is Metal at?
Metal's latest named round is a Venture, in Sept 2026.
Where is Metal based?
Metal is based in the United States.
Who led Metal's rounds?
Base10 Partners led the Seed in 2025.
Companies like Metal
In the same sector, and raised in the last eighteen months.
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