# RainStick funding: rounds and investors

> RainStick has raised $2.8M across 3 rounds since 2023. Investors include Startmate, Main Sequence Ventures and BDC Capital. Every round with its source.

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

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

# Who invested in *RainStick*

3 rounds we have observed, with the 6 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.

Energy

Funding summary Updated 26 Oct 2026

**$2.8M** raised across 3 rounds since 2023, from 3 sources

**$893K** Seed **$1.9M** Seed

- **Latest round:** Venture Oct 2025
- **Biggest round:** $1.9M Seed · Jul 2024
- **Investors:** 6

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

**$893K** Seed

**$1.9M** Seed

**?** Venture

- **First round:** Seed, $893K
- **Biggest round:** $1.9M
- **Usual gap between rounds:** 15 months

## The rounds

- **Oct 2025** Venture **Amount undisclosed** *1 new* *2 returning* [Startmate](https://millionrounds.com/fund/startmate) [Founders Factory](https://millionrounds.com/fund/founder-s-factory) [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) Source recorded
- **Jul 2024** Seed **$1.9M** *2 new* *1 returning* [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Startmate](https://millionrounds.com/fund/startmate) [Innovate BC](https://millionrounds.com/fund/innovate-bc) Source recorded
- **Nov 2023** Seed **$893K** *3 new* [Startmate](https://millionrounds.com/fund/startmate) [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) [Flying Fox Ventures](https://millionrounds.com/fund/flying-fox-ventures) 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.

**Seed** 2023 **Seed** 2024 **Venture** 2025 [Startmate](https://millionrounds.com/fund/startmate) [Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) [BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) [Founders Factory](https://millionrounds.com/fund/founder-s-factory) [Flying Fox Ventures](https://millionrounds.com/fund/flying-fox-ventures) [Innovate BC](https://millionrounds.com/fund/innovate-bc)

## Everyone who backed them

[Startmate](https://millionrounds.com/fund/startmate) Accelerator **3** rounds

[Main Sequence Ventures](https://millionrounds.com/fund/main-sequence) VC firm **2** rounds

[BDC Capital](https://millionrounds.com/fund/bdc-venture-capital) VC firm **1** round

[Founders Factory](https://millionrounds.com/fund/founder-s-factory) Accelerator **1** round

[Flying Fox Ventures](https://millionrounds.com/fund/flying-fox-ventures) VC firm **1** round

[Innovate BC](https://millionrounds.com/fund/innovate-bc) Government **1** round

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

## Quick answers about RainStick

### Who invested in RainStick?

RainStick's investors include Startmate, Main Sequence Ventures, BDC Capital, Founders Factory and Flying Fox Ventures, and 1 more on record.

### How much has RainStick raised?

RainStick has raised $2.8M across 3 rounds since 2023. One round did not disclose an amount, so the total is a floor.

### When did RainStick last raise?

RainStick's most recent round was a Venture in Oct 2025.

### What was RainStick's biggest round?

RainStick's largest round on record is $1.9M (Seed), in Jul 2024.

### Who backed RainStick first?

RainStick's first round on record, in Nov 2023, was backed by Startmate, Main Sequence Ventures and Flying Fox Ventures.

### What stage is RainStick at?

RainStick's latest named round is a Venture, in Oct 2025.

### Where is RainStick based?

RainStick is based in Canada.

## Companies like RainStick

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

[**Kanin Energy** $100M · Sept 2026](https://millionrounds.com/company/kanin-energy)[**Summit Nanotech** $3.0M · Sept 2026](https://millionrounds.com/company/summit-nanotech)[**General Fusion** $241M · Jul 2026](https://millionrounds.com/company/general-fusion)[**NORAM Electrolysis Systems Inc** $4.0M · Jun 2026](https://millionrounds.com/company/noram-electrolysis-systems-inc)[**Foremost Clean Energy** $35K · Jun 2026](https://millionrounds.com/company/foremost-clean-energy)[**Full Circle Lithium** $3.5M · Jun 2026](https://millionrounds.com/company/full-circle-lithium)

## 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
