# REPS funding: rounds and investors

> REPS has raised $26M across 2 rounds since 2025. Investors include Morgan Stanley Investment Management and C2 Ventures. Every round with its source.

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

Germany · [Seed startup](https://millionrounds.com/companies)

# Who invested in *REPS*

2 rounds we have observed, with the 2 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 Cleantech Construction Energy

Raised 5 months ago

Funding summary Updated 26 Oct 2026

**$26M** raised across 2 rounds since 2025, from 2 sources

**$2.0M** Seed **$24M** Round

- **Latest round:** Round, $24M May 2026
- **Step-up i:** 11.8×
- **Investors:** 2

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.

2026

**$2.0M** Seed

**$24M** Round

- **First round:** Seed, $2.0M
- **Biggest round:** $24M
- **Between rounds:** 15 months

## The rounds

- **May 2026** Round **$24M** No investor was named in the report. Reported by Ventureburn
- **Mar 2025** Seed **$2.0M** *2 new* [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [C2 Ventures](https://millionrounds.com/fund/c2-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** 2025 **Round** 2026 [Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) [C2 Ventures](https://millionrounds.com/fund/c2-ventures)

## Everyone who backed them

[Morgan Stanley Investment Management](https://millionrounds.com/fund/morgan-stanley-investment-management) Private equity **1** round

[C2 Ventures](https://millionrounds.com/fund/c2-ventures) VC firm **1** round

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

## Also claim to have backed them

This firm lists REPS 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.

[JC2 Ventures](https://millionrounds.com/fund/jc2-ventures) VC firm Per its own site

## Quick answers about REPS

### Who invested in REPS?

REPS's investors include Morgan Stanley Investment Management and C2 Ventures.

### How much has REPS raised?

REPS has raised $26M across 2 rounds since 2025.

### When did REPS last raise?

REPS's most recent round, $24M, was in May 2026.

### What was REPS's biggest round?

Its most recent round, $24M in May 2026, is also its largest on record.

### Who backed REPS first?

REPS's first round on record, in Mar 2025, was backed by Morgan Stanley Investment Management and C2 Ventures.

### What stage is REPS at?

REPS's latest named round is a Seed, in Mar 2025.

### Where is REPS based?

REPS is based in Germany.

## Companies like REPS

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

[**YGO** $9.0M · Oct 2026](https://millionrounds.com/company/ygo)[**Rabot Energy** $50M · Oct 2026](https://millionrounds.com/company/rabot-energy)[**Causa Prima** $30M · Oct 2026](https://millionrounds.com/company/causa-prima)[**Stenon** $41M · Oct 2026](https://millionrounds.com/company/stenon)[**OllyGarden** $5.6M · Oct 2026](https://millionrounds.com/company/ollygarden)[**hexafarms** $9.5M · Oct 2026](https://millionrounds.com/company/hexafarms)

## 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