# Phase funding: rounds and investors > Phase has raised $60M across 3 rounds since 2024. Investors include 500 Global, Alumni Ventures and Lightspeed Venture Partners. Every round with its source. Source: https://millionrounds.com/company/phase (Millionrounds; every figure on the page links to its filing or article) Germany · [Funded startup](https://millionrounds.com/companies) # 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. AI Art & Design Construction Web3 & Crypto Raised this month Follow Phase and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fcompany%2Fphase) Funding summary Updated 7 Nov 2026 **$60M** raised across 3 rounds since 2024, from 5 sources **$1.8M** Grant **$13M** Series A **$45M** Round - **Latest round:** Round, $45M Oct 2026 - **Step-up i:** 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. 2024 2025 2026 **$1.8M** Grant **$13M** Series A **$45M** Round - **First round:** Grant, $1.8M - **Biggest round:** $45M - **Usual gap between rounds:** 20 months ## The rounds - **Oct 2026** Round **$45M** *1 new* [Kirill Eves](https://millionrounds.com/fund/kirill-eves) Reported by Google News search and 1 other - **Feb 2025** Series A **$13M** *13 new* [500 Global](https://millionrounds.com/fund/500-startups) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Gobi Partners](https://millionrounds.com/fund/gobi-partners) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) [42CAP](https://millionrounds.com/fund/42cap) [Shilling VC](https://millionrounds.com/fund/shilling) [Paua Ventures](https://millionrounds.com/fund/paua-ventures) [Leonid Capital Partners](https://millionrounds.com/fund/leonid-capital-partners) [WI Harper](https://millionrounds.com/fund/wi-harper) [Hive Ventures](https://millionrounds.com/fund/hive-ventures-3) [New Economy Ventures](https://millionrounds.com/fund/new-economy-ventures) Reported by TechCrunch and 1 other SEC filing: $13M sold, first sale Jan 2025 - **Feb 2024** Grant **$1.8M** *3 new* [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [One North Carolina Small Business Program](https://millionrounds.com/fund/one-north-carolina-small-business-program) [North Carolina Biotechnology Center](https://millionrounds.com/fund/north-carolina-bio) Source recorded ## 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. **Grant** 2024 **Series A** 2025 **Round** 2026 [500 Global](https://millionrounds.com/fund/500-startups) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) [Gobi Partners](https://millionrounds.com/fund/gobi-partners) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) [42CAP](https://millionrounds.com/fund/42cap) [Shilling VC](https://millionrounds.com/fund/shilling) [Paua Ventures](https://millionrounds.com/fund/paua-ventures) ## Everyone who backed them [500 Global](https://millionrounds.com/fund/500-startups) Angel **1** round [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **1** round [National Institutes of Health](https://millionrounds.com/fund/national-institutes-of-health) Government **1** round [Gobi Partners](https://millionrounds.com/fund/gobi-partners) VC firm **1** round [Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **1** round [Palm Drive Capital](https://millionrounds.com/fund/palm-drive-capital) VC firm **1** round [42CAP](https://millionrounds.com/fund/42cap) VC firm **1** round [Shilling VC](https://millionrounds.com/fund/shilling) VC firm **1** round [Paua Ventures](https://millionrounds.com/fund/paua-ventures) VC firm **1** round [One North Carolina Small Business Program](https://millionrounds.com/fund/one-north-carolina-small-business-program) Investment firm **1** round [North Carolina Biotechnology Center](https://millionrounds.com/fund/north-carolina-bio) Government **1** round [Leonid Capital Partners](https://millionrounds.com/fund/leonid-capital-partners) Private credit **1** round [WI Harper](https://millionrounds.com/fund/wi-harper) VC firm **1** round [Hive Ventures](https://millionrounds.com/fund/hive-ventures-3) VC firm **1** round [Kirill Eves](https://millionrounds.com/fund/kirill-eves) Investment firm **1** round [New Economy Ventures](https://millionrounds.com/fund/new-economy-ventures) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=phase). ## 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. [**Kabilio** $20M · Nov 2026](https://millionrounds.com/company/kabilio)[**Pliant** $123M · Nov 2026](https://millionrounds.com/company/pliant)[**Quint** $10M · Nov 2026](https://millionrounds.com/company/quint)[**YGO** $9.0M · Oct 2026](https://millionrounds.com/company/ygo)[**Causa Prima** $30M · Oct 2026](https://millionrounds.com/company/causa-prima)[**1KOMMA5°** $563M · Oct 2026](https://millionrounds.com/company/1komma5) ## Find investors like these Search every investor by what they have actually funded, then narrow to your stage and market. Free. Open the investor searchOr these rounds in the app