# Physical Layer funding: rounds and investors

> Physical Layer has raised $500K across 1 round since 2026. Investors include Iterative. Every round with its source.

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

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

# Who invested in *Physical Layer*

One round we have observed, with the one investor named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Construction

Raised 3 months ago

Funding summary Updated 26 Oct 2026

**$500K** raised across 1 round since 2026, from 1 source

- **Latest round:** Pre-seed, $500K Aug 2026
- **Investors:** 1

See who backed them

## The rounds

- **Aug 2026** Pre-seed **$500K** [Iterative](https://millionrounds.com/fund/iterative) Source recorded

## Everyone who backed them

[Iterative](https://millionrounds.com/fund/iterative) Accelerator **1** round

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

## Quick answers about Physical Layer

### Who invested in Physical Layer?

Physical Layer's investors include Iterative.

### How much has Physical Layer raised?

Physical Layer has raised $500K across 1 round since 2026.

### When did Physical Layer last raise?

Physical Layer's most recent round was a Pre-seed of $500K in Aug 2026.

### What was Physical Layer's biggest round?

Its most recent round, $500K in Aug 2026, is also its largest on record.

### Who backed Physical Layer first?

Physical Layer's first round on record, in Aug 2026, was backed by Iterative.

### What stage is Physical Layer at?

Physical Layer's latest named round is a Pre-seed, in Aug 2026.

### Where is Physical Layer based?

Physical Layer is based in the United States.

## Companies like Physical Layer

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

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Mach9** $46M · Oct 2026](https://millionrounds.com/company/mach9)[**Fireworks AI** $1.7B · Oct 2026](https://millionrounds.com/company/fireworks-ai)[**ASI** $325M · Oct 2026](https://millionrounds.com/company/asi)[**Fragment** $22M · Oct 2026](https://millionrounds.com/company/fragment)

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