# Physna funding: rounds and investors

> Physna has raised $19M across 2 rounds since 2019. Investors include Drive Capital, Sequoia Capital and Google Ventures. Every round with its source.

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

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Physna*

2 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.

Advanced Manufacturing Deeptech

Funding summary Updated 26 Oct 2026

**$19M** raised across 2 rounds since 2019, from 2 sources

**$6.9M** Series A **$12M** Venture

- **Latest round:** Venture, $12M Jul 2025
- **Step-up i:** 1.7×
- **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.

2020 2021 2022 2023 2024 2025

**$6.9M** Series A

**$12M** Venture

- **First round:** Series A, $6.9M
- **Biggest round:** $12M
- **Between rounds:** 5.9 years

## The rounds

- **Jul 2025** Venture **$12M** *4 new* *1 returning* [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Google Ventures](https://millionrounds.com/fund/gv) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Drive Capital](https://millionrounds.com/fund/drive-capital) [Play Ventures](https://millionrounds.com/fund/play-ventures) Source recorded
- **Jul 2019** Series A **$6.9M** *1 new* [Drive Capital](https://millionrounds.com/fund/drive-capital) Reported by Americaninno SEC filing: $6.9M sold, first sale Jul 2019

## Founders and team

From the SEC filings it signed: 2 on the team.

- **Paul J. Powers** Executive Officer, Director i
- **Paul W. Renzenbrink** Executive Officer i

On the board, as filed i *Mark J. Kvamme* *Mike J. Wenger*

## 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.

**Series A** 2019 **Venture** 2025 [Drive Capital](https://millionrounds.com/fund/drive-capital) [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) [Google Ventures](https://millionrounds.com/fund/gv) [Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) [Play Ventures](https://millionrounds.com/fund/play-ventures)

## Everyone who backed them

[Drive Capital](https://millionrounds.com/fund/drive-capital) VC firm **2** rounds

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

[Google Ventures](https://millionrounds.com/fund/gv) Corporate VC **1** round

[Tiger Global Management](https://millionrounds.com/fund/tiger-global-management) VC firm **1** round

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

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

## Also claim to have backed them

This firm lists Physna as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[Next Play Ventures](https://millionrounds.com/fund/next-play-ventures) VC firm Per its own site

## Quick answers about Physna

### Who invested in Physna?

Physna's investors include Drive Capital, Sequoia Capital, Google Ventures, Tiger Global Management and Play Ventures.

### How much has Physna raised?

Physna has raised $19M across 2 rounds since 2019.

### When did Physna last raise?

Physna's most recent round was a Venture of $12M in Jul 2025.

### What was Physna's biggest round?

Its most recent round, $12M in Jul 2025, is also its largest on record.

### Who backed Physna first?

Physna's first round on record, in Jul 2019, was backed by Drive Capital.

### What stage is Physna at?

Physna's latest named round is a Venture, in Jul 2025.

### Where is Physna based?

Physna is based in the United States.

## Companies like Physna

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

[**Kodama** $7.0M · Oct 2026](https://millionrounds.com/company/kodama)[**Tenstorrent** $3.0B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Oratomic** $775M · Oct 2026](https://millionrounds.com/company/oratomic)[**Ultrasonium** Sept 2026](https://millionrounds.com/company/ultrasonium)[**HopFlyt** $2.0M · Sept 2026](https://millionrounds.com/company/hopflyt)[**BILT** $272M · Sept 2026](https://millionrounds.com/company/bilt)

## Find investors like these

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