# NOVONIX funding: rounds and investors

> NOVONIX has raised $73M across 2 rounds since 2025. Investors include US Department of Energy. Every round with its source.

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

Canada · [Funded startup](https://millionrounds.com/companies)

# Who invested in *NOVONIX*

2 rounds we have observed, with the one investor 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

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$73M** raised across 2 rounds since 2025, from 2 sources

**$59M** Debt **$15M** Round

- **Latest round:** Round, $15M Jun 2026
- **Biggest round:** $59M Debt · Jul 2025
- **Investors:** 1

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

**$59M** Debt

**$15M** Round

- **First round:** Debt, $59M
- **Biggest round:** $59M
- **Between rounds:** 11 months

## The rounds

- **Jun 2026** Round **$15M** *1 returning* [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded
- **Jul 2025** Debt **$59M** *1 new* [US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Source recorded

## Everyone who backed them

[US Department of Energy](https://millionrounds.com/fund/u-s-department-of-energy) Government **2** rounds

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

## Quick answers about NOVONIX

### Who invested in NOVONIX?

NOVONIX's investors include US Department of Energy.

### How much has NOVONIX raised?

NOVONIX has raised $73M across 2 rounds since 2025.

### When did NOVONIX last raise?

NOVONIX's most recent round was an Undisclosed round of $15M in Jun 2026.

### What was NOVONIX's biggest round?

NOVONIX's largest round on record is $59M (Debt), in Jul 2025.

### Who backed NOVONIX first?

NOVONIX's first round on record, in Jul 2025, was backed by US Department of Energy.

### What stage is NOVONIX at?

NOVONIX's latest named round is an Undisclosed round, in Jun 2026.

### Where is NOVONIX based?

NOVONIX is based in Canada.

## Companies like NOVONIX

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

[**CURA** $14M · Sept 2026](https://millionrounds.com/company/cura)[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Cyclic Materials** $150M · Aug 2026](https://millionrounds.com/company/cyclic-materials)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**Nunavut Nunkiksautiit Corporation** $10M · Jun 2026](https://millionrounds.com/company/nunavut-nunkiksautiit-corporation)[**BrandPilot** $549K · May 2026](https://millionrounds.com/company/brandpilot)

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