# Parity funding: rounds and investors

> Parity has raised $23M across 3 rounds since 2019. Investors include Y Combinator, SVB Capital and SBXi Fund. Every round with its source.

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

Canada · [Pre-seed startup](https://millionrounds.com/companies)

# Who invested in *Parity*

3 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.

Cleantech Energy

Funding summary Updated 26 Oct 2026

**$23M** raised across 3 rounds since 2019, from 3 sources

**$3.7M** Round **$19M** Series B **$500K** Pre-seed

- **Latest round:** Pre-seed, $500K Sept 2024
- **Biggest round:** $19M Series B · Jun 2024
- **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.

2019 2020 2021 2022 2023 2024

**$3.7M** Round

**$19M** Series B

**$500K** Pre-seed

- **First round:** Round, $3.7M
- **Biggest round:** $19M
- **Usual gap between rounds:** 5.1 years

## The rounds

- **Sept 2024** Pre-seed **$500K** *2 new* [Y Combinator](https://millionrounds.com/fund/y-combinator) [SBXi Fund](https://millionrounds.com/fund/sbxi) Source recorded SEC filing: $10.0M sold, first sale Jul 2024
- **Jun 2024** Series B **$19M** *2 new* [SVB Capital](https://millionrounds.com/fund/svb-capital) [RET Ventures](https://millionrounds.com/fund/ret-ventures) Source recorded SEC filing: $10.0M sold, first sale Jul 2024
- **May 2019** Round **$3.7M** *1 new* [Arctern Ventures](https://millionrounds.com/fund/arctern-ventures) Reported by BetaKit

## 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.

**Round** 2019 **Series B** 2024 **Pre-seed** 2024 [Y Combinator](https://millionrounds.com/fund/y-combinator) [SVB Capital](https://millionrounds.com/fund/svb-capital) [SBXi Fund](https://millionrounds.com/fund/sbxi) [RET Ventures](https://millionrounds.com/fund/ret-ventures) [Arctern Ventures](https://millionrounds.com/fund/arctern-ventures)

## Everyone who backed them

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

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

[SBXi Fund](https://millionrounds.com/fund/sbxi) VC firm **1** round

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

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

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

## Quick answers about Parity

### Who invested in Parity?

Parity's investors include Y Combinator, SVB Capital, SBXi Fund, RET Ventures and Arctern Ventures.

### How much has Parity raised?

Parity has raised $23M across 3 rounds since 2019.

### When did Parity last raise?

Parity's most recent round was a Pre-seed of $500K in Sept 2024.

### What was Parity's biggest round?

Parity's largest round on record is $19M (Series B), in Jun 2024.

### Who backed Parity first?

Parity's first round on record, in May 2019, was backed by Arctern Ventures.

### What stage is Parity at?

Parity's latest named round is a Pre-seed, in Sept 2024.

### Where is Parity based?

Parity is based in Canada.

## Companies like Parity

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)[**Summit Nanotech** $3.0M · Sept 2026](https://millionrounds.com/company/summit-nanotech)[**Cyclic Materials** $150M · Aug 2026](https://millionrounds.com/company/cyclic-materials)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**Gladiator Metals** $25M · Jun 2026](https://millionrounds.com/company/gladiator-metals)

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