# MindTrace funding: rounds and investors > MindTrace has raised $3.3M across 2 rounds since 2021. Investors include National Science Foundation, Creative Destruction Lab and Innovation Works. Source: https://millionrounds.com/company/mindtrace (Millionrounds; every figure on the page links to its filing or article) United States · [Funded startup](https://millionrounds.com/companies) # Who invested in *MindTrace* 2 rounds we have observed, with the 4 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. Advanced Manufacturing Funding summary Updated 26 Oct 2026 **$3.3M** raised across 2 rounds since 2021, from 2 sources **$3.0M** Seed **$256K** Grant - **Latest round:** Grant, $256K Aug 2022 - **Biggest round:** $3.0M Seed · Feb 2021 - **Investors:** 4 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. 2021 2022 **$3.0M** Seed **$256K** Grant - **First round:** Seed, $3.0M - **Biggest round:** $3.0M - **Between rounds:** 18 months ## The rounds - **Aug 2022** Grant **$256K** *3 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Innovation Works](https://millionrounds.com/fund/innovation-works) Source recorded - **Feb 2021** Seed **$3.0M** *1 new* [Northern Powerhouse Investment Fund](https://millionrounds.com/fund/northern-powerhouse-investment-fund) Source recorded ## Founders and team From MindTrace's own website: 3 founders, 2 on the team. **Max Sims** Chief Executive Officer and Co-Founder **Brad Mahon** Chief Science Officer and Co-Founder **Hugo Angulo** Chief Technical Officer and Co-Founder - **Frank Fischer** Chairman of the Board - **Gabby Tumolo** Clinical Workflow Analyst Advisers *Andrew Thompson* *George Savage* *Jeanne Iasella* ## 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** 2021 **Grant** 2022 [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) [Innovation Works](https://millionrounds.com/fund/innovation-works) [Northern Powerhouse Investment Fund](https://millionrounds.com/fund/northern-powerhouse-investment-fund) ## Everyone who backed them [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round [Creative Destruction Lab](https://millionrounds.com/fund/creative-destruction-lab) Accelerator **1** round [Innovation Works](https://millionrounds.com/fund/innovation-works) Government **1** round [Northern Powerhouse Investment Fund](https://millionrounds.com/fund/northern-powerhouse-investment-fund) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mindtrace). ## Also claim to have backed them This firm lists MindTrace as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Bloc Ventures](https://millionrounds.com/fund/bloc-ventures) VC firm Per its own site ## Quick answers about MindTrace ### Who invested in MindTrace? MindTrace's investors include National Science Foundation, Creative Destruction Lab, Innovation Works and Northern Powerhouse Investment Fund. ### How much has MindTrace raised? MindTrace has raised $3.3M across 2 rounds since 2021. ### When did MindTrace last raise? MindTrace's most recent round was a Grant of $256K in Aug 2022. ### What was MindTrace's biggest round? MindTrace's largest round on record is $3.0M (Seed), in Feb 2021. ### Who backed MindTrace first? MindTrace's first round on record, in Feb 2021, was backed by Northern Powerhouse Investment Fund. ### What stage is MindTrace at? MindTrace's latest named round is a Grant, in Aug 2022. ### Where is MindTrace based? MindTrace is based in the United States. ## Companies like MindTrace In the same sector, and raised in the last eighteen months. [**Ultrasonium** Sept 2026](https://millionrounds.com/company/ultrasonium)[**BILT** $272M · Sept 2026](https://millionrounds.com/company/bilt)[**HopFlyt** $2.0M · Sept 2026](https://millionrounds.com/company/hopflyt)[**FluidForm Bio** $1.7M · Aug 2026](https://millionrounds.com/company/fluidform-bio)[**unspun** $42M · Aug 2026](https://millionrounds.com/company/unspun)[**Vntana** $5.3M · Jul 2026](https://millionrounds.com/company/vntana) ## 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