# MTPV funding: rounds and investors > MTPV has raised $37M across 5 rounds since 2011. Investors include Applied Ventures, Northwater Capital and SABIC. Every round with its source. Source: https://millionrounds.com/company/mtpv (Millionrounds; every figure on the page links to its filing or article) United States · [Series C startup](https://millionrounds.com/companies) # Who invested in *MTPV* 5 rounds we have observed, with the 7 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 Funding summary Updated 26 Oct 2026 **$37M** raised across 5 rounds since 2011, from 5 sources **$375K** Debt **$6.5M** Series B **$3.3M** Series B **$11M** Series B **$16M** Series C - **Latest round:** Series C, $16M Oct 2018 - **Step-up i:** 1.4× - **Investors:** 7 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. 2011 2012 2013 2014 2015 2016 2017 2018 **$375K** Debt **$6.5M** Series B **$3.3M** Series B **$11M** Series B **$16M** Series C - **First round:** Debt, $375K - **Biggest round:** $16M - **Usual gap between rounds:** 2.5 years ## The rounds - **Oct 2018** Series C **$16M** *1 new* *1 returning* [SABIC](https://millionrounds.com/fund/sabic) Lake Bridge Capital/ Total Energy Reported by FinSMEs - **Jul 2014** Series B **$11M** *2 new* *1 returning* [Northwater Capital](https://millionrounds.com/fund/northwater-capital) [Point Financial, Inc.](https://millionrounds.com/fund/point-financial-inc) [SABIC](https://millionrounds.com/fund/sabic) From a historical funding record - **Jan 2012** Series B **$3.3M** *1 new* *1 returning* [Applied Ventures](https://millionrounds.com/fund/applied-ventures) [Northwater Capital](https://millionrounds.com/fund/northwater-capital) Reported by finsmes.com - **Sept 2011** Series B **$6.5M** *3 new* [Applied Ventures](https://millionrounds.com/fund/applied-ventures) [Spinnaker Capital](https://millionrounds.com/fund/spinnaker-capital) Ensys Capital Reported by masshightech.com SEC filing: $330K sold, first sale Aug 2011 - **Mar 2011** Debt **$375K** No investor was named in the report. Reported by sec.gov SEC filing: $375K sold, first sale Feb 2011 ## Founders and team From the SEC filings it signed: 3 on the team. - **Anastasios Parafestas** Manager i - **David Mather** Manager i - **Robert DiMatteo** Manager i ## 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. **Debt** 2011 **Series B** 2011 **Series B** 2012 **Series B** 2014 **Series C** 2018 [Applied Ventures](https://millionrounds.com/fund/applied-ventures) [Northwater Capital](https://millionrounds.com/fund/northwater-capital) [SABIC](https://millionrounds.com/fund/sabic) [Spinnaker Capital](https://millionrounds.com/fund/spinnaker-capital) [Point Financial, Inc.](https://millionrounds.com/fund/point-financial-inc) Ensys Capital Lake Bridge Capital/ Total Energy ## Everyone who backed them [Applied Ventures](https://millionrounds.com/fund/applied-ventures) Corporate VC **2** rounds [Northwater Capital](https://millionrounds.com/fund/northwater-capital) VC firm **2** rounds [SABIC](https://millionrounds.com/fund/sabic) Growth equity **2** rounds [Spinnaker Capital](https://millionrounds.com/fund/spinnaker-capital) Growth equity **1** round [Point Financial, Inc.](https://millionrounds.com/fund/point-financial-inc) VC firm **1** round Ensys Capital no record of our own yet **1** round Lake Bridge Capital/ Total Energy 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=mtpv). ## Quick answers about MTPV ### Who invested in MTPV? MTPV's investors include Applied Ventures, Northwater Capital, SABIC, Spinnaker Capital and Point Financial, Inc., and 2 more on record. ### How much has MTPV raised? MTPV has raised $37M across 5 rounds since 2011. ### When did MTPV last raise? MTPV's most recent round was a Series C of $16M in Oct 2018. ### What was MTPV's biggest round? Its most recent round, $16M in Oct 2018, is also its largest on record. ### Who backed MTPV first? MTPV's first round on record, in Sept 2011, was backed by Applied Ventures, Spinnaker Capital and Ensys Capital. ### What stage is MTPV at? MTPV's latest named round is a Series C, in Oct 2018. ### Where is MTPV based? MTPV is based in the United States. ## Companies like MTPV In the same sector, and raised in the last eighteen months. [**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt) ## 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