# Pani Systems funding: rounds and investors

> Pani Systems has raised $7.7M across 2 rounds since 2018. Investors include Capital Factory and Blake Chandlee. Every round with its source.

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

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

# Who invested in *Pani Systems*

2 rounds we have observed, with the 2 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 IT Services

Funding summary Updated 26 Oct 2026

**$7.7M** raised across 2 rounds since 2018, from 2 sources

**$1.0M** Seed **$6.7M** Venture

- **Latest round:** Venture, $6.7M Aug 2024
- **Step-up i:** 6.7×
- **Investors:** 2

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.

2019 2020 2021 2022 2023 2024

**$1.0M** Seed

**$6.7M** Venture

- **First round:** Seed, $1.0M
- **Biggest round:** $6.7M
- **Between rounds:** 5.9 years

## The rounds

- **Aug 2024** Venture **$6.7M** *1 new* [Capital Factory](https://millionrounds.com/fund/capital-factory) Source recorded SEC filing: $6.7M sold, first sale Jul 2024
- **Sept 2018** Seed **$1.0M** *1 new* Blake Chandlee Reported by FinSMEs

## 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** 2018 **Venture** 2024 [Capital Factory](https://millionrounds.com/fund/capital-factory) Blake Chandlee

## Everyone who backed them

[Capital Factory](https://millionrounds.com/fund/capital-factory) VC firm **1** round

Blake Chandlee 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=pani-systems).

## Quick answers about Pani Systems

### Who invested in Pani Systems?

Pani Systems's investors include Capital Factory and Blake Chandlee.

### How much has Pani Systems raised?

Pani Systems has raised $7.7M across 2 rounds since 2018.

### When did Pani Systems last raise?

Pani Systems's most recent round was a Venture of $6.7M in Aug 2024.

### What was Pani Systems's biggest round?

Its most recent round, $6.7M in Aug 2024, is also its largest on record.

### Who backed Pani Systems first?

Pani Systems's first round on record, in Sept 2018, was backed by Blake Chandlee.

### What stage is Pani Systems at?

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

### Where is Pani Systems based?

Pani Systems is based in the United States.

## Companies like Pani Systems

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)

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