Netherlands · Funded startup

Who invested in Onward

7 rounds we have observed, with the 14 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.

Automotive & EVsBiotech

Raised 7 months ago

Funding summaryUpdated 26 Oct 2026

$122Mraised across 7 rounds since 2019, from 8 sources

$1.5MSeed$2.5MSeed$9.7MSeries A$500KSeed$58MRound$48MRound$1.9MGrant
Latest round
Round, $48MApr 2026
Biggest round
$58MRound · Oct 2025
Investors
14
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.

2020202120222023202420252026
$1.5MSeed$2.5MSeed$9.7MSeries A$500KSeed$58MRound$48MRound$1.9MGrant
First round
Seed, $1.5M
Jul 2019
Biggest round
$58M
Round · Oct 2025
Usual gap between rounds
11 months
the median of 5

The rounds

  1. Apr 2026
    Round$48M2 returning

    Source recorded

  2. Apr 2026
    Grant$1.9M1 new

    Source recorded

  3. Oct 2025
  4. Sept 2023
    Seed$500K1 new

    Source recorded

  5. Oct 2022
    Series A$9.7M4 new

    Source recordedSEC filing: $9.0M sold, first sale Jul 2022

  6. Aug 2022
    Seed$2.5M2 new1 returning

    Source recordedSEC filing: $9.0M sold, first sale Jul 2022

  7. Jul 2019
    Seed$1.5M3 new

    Reported by TechCrunch and 1 otherSEC filing: $1.5M sold, first sale Feb 2019

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.

The exit

ExitBuyerPriceWhen
AcquiredGoogleundisclosedOct 2018

From historical deal records. Wrong? Tell us.

Everyone who backed them

EIC AcceleratorGovernment2rounds
Matchstick VenturesVC firm2rounds
EQT Life SciencesVC firm2rounds
Y CombinatorAccelerator1round
TechstarsVC firm1round
CitibankGrowth equity1round
Lerer HippeauVC firm1round
Wellington PartnersVC firm1round
TTV CapitalVC firm1round
SpringTime VenturesVC firm1round
JPK CapitalFamily office1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Onward

Who invested in Onward?

Onward's investors include EIC Accelerator, Matchstick Ventures, EQT Life Sciences, Y Combinator and Techstars, and 9 more on record.

How much has Onward raised?

Onward has raised $122M across 7 rounds since 2019.

When did Onward last raise?

Onward's most recent round was a Grant of $1.9M in Apr 2026.

What was Onward's biggest round?

Onward's largest round on record is $58M (Undisclosed round), in Oct 2025.

Who backed Onward first?

Onward's first round on record, in Jul 2019, was backed by Matchstick Ventures, Royal Street Ventures and JPK Capital.

What stage is Onward at?

Onward's latest named round is a Grant, in Apr 2026.

Where is Onward based?

Onward is based in the Netherlands.

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