United States · Venture startup

Who invested in Phala

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.

AI

Raised 2 months ago

Funding summaryUpdated 26 Oct 2026

$2.0Mraised across 2 rounds since 2020, from 2 sources

$1.0MSeed$1.0MVenture
Latest round
Venture, $1.0MSept 2026
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.

202120222023202420252026
$1.0MSeed$1.0MVenture
First round
Seed, $1.0M
Sept 2020
Biggest round
$1.0M
Venture · Sept 2026
Between rounds
6 years
from the last two

The rounds

  1. Sept 2026
    Venture$1.0M1 returning

    Source recorded

  2. Sept 2020
    Seed$1.0M1 new

    Source recorded

Founders and team

From Phala's own website: 2 founders, 6 on the team.

Marvin TongCo-founder & CEO
Hang YinCo-founder & CTO
  • Doyle GuoCOO
  • Zoé MeckbachVP of Growth
  • Jayson McQuownDirector of Sales
  • Shelven ZhouLead Research
  • Wenfeng WangCore Engineer & AI Project Leader
  • Xiaolu HuangProduct Manager

Everyone who backed them

SNZ HoldingVC firm2rounds

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

Also claim to have backed them

These 3 firms list Phala 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.

IOSG VenturesVC firmPer its own site
Candaq Fintech GroupIncubatorPer its own site
FilecoinInvestment firmPer its own site

Quick answers about Phala

Who invested in Phala?

Phala's investors include SNZ Holding.

How much has Phala raised?

Phala has raised $2.0M across 2 rounds since 2020.

When did Phala last raise?

Phala's most recent round was a Venture of $1.0M in Sept 2026.

What was Phala's biggest round?

Its most recent round, $1.0M in Sept 2026, is also its largest on record.

Who backed Phala first?

Phala's first round on record, in Sept 2020, was backed by SNZ Holding.

What stage is Phala at?

Phala's latest named round is a Venture, in Sept 2026.

Where is Phala based?

Phala is based in the United States.

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