Germany · Funded startup

Who invested in Phase

3 rounds we have observed, with the 17 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.

AIArt & DesignConstructionWeb3 & Crypto

Raised this month

Funding summaryUpdated 7 Nov 2026

$60Mraised across 3 rounds since 2024, from 5 sources

$1.8MGrant$13MSeries A$45MRound
Latest round
Round, $45MOct 2026
Step-upi
3.5×
Investors
17
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.

202420252026
$1.8MGrant$13MSeries A$45MRound
First round
Grant, $1.8M
Feb 2024
Biggest round
$45M
Round · Oct 2026
Usual gap between rounds
20 months
the median of 2

The rounds

  1. Oct 2026
    Round$45M1 new

    Reported by Google News search and 1 other

  2. Feb 2025
  3. Feb 2024

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.

Everyone who backed them

500 GlobalAngel1round
Alumni VenturesVC firm1round
Gobi PartnersVC firm1round
Drive CapitalVC firm1round
Palm Drive CapitalVC firm1round
42CAPVC firm1round
Shilling VCVC firm1round
Paua VenturesVC firm1round
Leonid Capital PartnersPrivate credit1round
WI HarperVC firm1round
Hive VenturesVC firm1round
Kirill EvesInvestment firm1round

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

Quick answers about Phase

Who invested in Phase?

Phase's investors include 500 Global, Alumni Ventures, Lightspeed Venture Partners, National Institutes of Health and Gobi Partners, and 12 more on record.

How much has Phase raised?

Phase has raised $60M across 3 rounds since 2024.

When did Phase last raise?

Phase's most recent round was an Undisclosed round of $45M in Oct 2026.

What was Phase's biggest round?

Its most recent round, $45M in Oct 2026, is also its largest on record.

Who backed Phase first?

Phase's first round on record, in Feb 2024, was backed by National Institutes of Health, One North Carolina Small Business Program and North Carolina Biotechnology Center.

What stage is Phase at?

Phase's latest named round is an Undisclosed round, in Oct 2026.

Where is Phase based?

Phase is based in Germany.

Companies like Phase

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

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