# Openwater funding: rounds and investors

> Openwater has raised $56M across 2 rounds since 2022. Investors include Khosla Ventures, Collaborative Fund and LD Capital. Every round with its source.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Openwater*

2 rounds we have observed, with the 5 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.

AI Food & Beverage

Funding summary Updated 26 Oct 2026

**$56M** raised across 2 rounds since 2022, from 2 sources

**$2.0M** Venture **$54M** Venture

- **Latest round:** Venture, $54M Aug 2024
- **Step-up i:** 27×
- **Investors:** 5

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.

2023 2024

**$2.0M** Venture

**$54M** Venture

- **First round:** Venture, $2.0M
- **Biggest round:** $54M
- **Between rounds:** 20 months

## The rounds

- **Aug 2024** Venture **$54M** *3 new* [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [LD Capital](https://millionrounds.com/fund/xie) Source recorded
- **Dec 2022** Venture **$2.0M** *2 new* [Cleveland Avenue](https://millionrounds.com/fund/cleveland-avenue) [Circle Up](https://millionrounds.com/fund/circle-up) Source recorded

## Founders and team

From Openwater's own website: 1 founder, 24 on the team.

**Dr. Mary Lou Jepsen** Executive Chairman & Founder

- **Aaron Timm** Chief Executive Officer
- **Dr. Davinder Ramsingh** Chief Medical Officer
- **Dr. Soren Konecky** Chief Technology Officer
- **Victoria Swanson** Chief of Staff
- **Aaron Blanke** VP of Partnerships
- **Scott Smith** VP of Community Development
- **Christopher Bush** Senior Staff Quality Engineer
- **Daniel Blizinski** Director of Open-Source Business Strategy
- **David J. Paribello** Director of Product Management
- **Dr. Brad Hartl** Director of Bioengineering
- **Dr. Peter Hollender** Director of Ultrasound Engineering
- **Dr. Reza Rasouli** Staff Research Scientist
- **George Vigelette** Principal Software Engineer
- **Henry Tang** Principal Electrical Engineer
- **Howard Yin** Project Manager
- **Jeff Huber** Board Director
- **Juan Enriquez** Board Director
- **Maya Hamda** Senior Manager Business Operations

And 6 more on the team.

Advisers *Prof. Theodor Haensch*

## 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.

**Venture** 2022 **Venture** 2024 [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [LD Capital](https://millionrounds.com/fund/xie) [Cleveland Avenue](https://millionrounds.com/fund/cleveland-avenue) [Circle Up](https://millionrounds.com/fund/circle-up)

## Everyone who backed them

[Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) VC firm **1** round

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **1** round

[LD Capital](https://millionrounds.com/fund/xie) VC firm **1** round

[Cleveland Avenue](https://millionrounds.com/fund/cleveland-avenue) VC firm **1** round

[Circle Up](https://millionrounds.com/fund/circle-up) Hedge fund **1** round

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

## Also claim to have backed them

These 3 firms list Openwater 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.

[Resolute Ventures](https://millionrounds.com/fund/resolute-ventures) VC firm Per its own site

[Formic Ventures](https://millionrounds.com/fund/formic-ventures) VC firm Per its own site

[Peter H. Diamandis (PHD Ventures)](https://millionrounds.com/fund/peter-h-diamandis-phd-ventures) Family office Per its own site

## Quick answers about Openwater

### Who invested in Openwater?

Openwater's investors include Khosla Ventures, Collaborative Fund, LD Capital, Cleveland Avenue and Circle Up.

### How much has Openwater raised?

Openwater has raised $56M across 2 rounds since 2022.

### When did Openwater last raise?

Openwater's most recent round was a Venture of $54M in Aug 2024.

### What was Openwater's biggest round?

Its most recent round, $54M in Aug 2024, is also its largest on record.

### Who backed Openwater first?

Openwater's first round on record, in Dec 2022, was backed by Cleveland Avenue and Circle Up.

### What stage is Openwater at?

Openwater's latest named round is a Venture, in Aug 2024.

### Where is Openwater based?

Openwater is based in the United States.

## Companies like Openwater

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

[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Wilde** $40M · Oct 2026](https://millionrounds.com/company/wilde)[**Pika** $216M · Oct 2026](https://millionrounds.com/company/pika)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)

## Find investors like these

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