# Source funding: rounds and investors > Source has raised $143M across 4 rounds since 2022. Investors include First Round Capital, BoxGroup and BlackRock. Every round with its source. Source: https://millionrounds.com/company/source (Millionrounds; every figure on the page links to its filing or article) France · [Pre-seed startup](https://millionrounds.com/companies) # Who invested in *Source* 4 rounds we have observed, with the 9 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. Food & Beverage Funding summary Updated 26 Oct 2026 **$143M** raised across 4 rounds since 2022, from 4 sources **$3.0M** Seed **$130M** Series D **$8.5M** Series A **$1.4M** Pre-seed - **Latest round:** Pre-seed, $1.4M Jun 2025 - **Biggest round:** $130M Series D · Jul 2022 - **Investors:** 9 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. 2023 2024 2025 **$3.0M** Seed **$130M** Series D **$8.5M** Series A **$1.4M** Pre-seed - **First round:** Seed, $3.0M - **Biggest round:** $130M - **Usual gap between rounds:** 12 months ## The rounds - **Jun 2025** Pre-seed **$1.4M** *1 new* [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) Source recorded SEC filing: $19M sold, first sale Feb 2025 - **Jul 2023** Series A **$8.5M** *2 new* [M13](https://millionrounds.com/fund/m13) [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) Source recorded - **Jul 2022** Series D **$130M** *4 new* [BlackRock](https://millionrounds.com/fund/blackrock) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Fifth Wall](https://millionrounds.com/fund/fifth-wall) Source recorded SEC filing: $109M sold, first sale Apr 2022 - **Apr 2022** Seed **$3.0M** *2 new* [First Round Capital](https://millionrounds.com/fund/first-round-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) Source recorded SEC filing: $109M sold, first sale Apr 2022 ## 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** 2022 **Series D** 2022 **Series A** 2023 **Pre-seed** 2025 [First Round Capital](https://millionrounds.com/fund/first-round-capital) [BoxGroup](https://millionrounds.com/fund/boxgroup) [BlackRock](https://millionrounds.com/fund/blackrock) [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) [Elemental Impact](https://millionrounds.com/fund/elemental-impact) [Fifth Wall](https://millionrounds.com/fund/fifth-wall) [M13](https://millionrounds.com/fund/m13) [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) ## Everyone who backed them [First Round Capital](https://millionrounds.com/fund/first-round-capital) VC firm **1** round [BoxGroup](https://millionrounds.com/fund/boxgroup) VC firm **1** round [BlackRock](https://millionrounds.com/fund/blackrock) Asset manager **1** round [Breakthrough Energy](https://millionrounds.com/fund/breakthrough-energy) VC firm **1** round [Elemental Impact](https://millionrounds.com/fund/elemental-impact) VC firm **1** round [Fifth Wall](https://millionrounds.com/fund/fifth-wall) VC firm **1** round [M13](https://millionrounds.com/fund/m13) VC firm **1** round [Square Peg Capital](https://millionrounds.com/fund/square-peg-capital) VC firm **1** round [Oregon Venture Fund](https://millionrounds.com/fund/oregon-venture-fund) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=source). ## Also claim to have backed them These 9 firms list Source as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above. [Episode 1](https://millionrounds.com/fund/episode-1) VC firm Per its own site [The E14 Fund](https://millionrounds.com/fund/e14-fund) VC firm Per its own site [Dolby Family Ventures](https://millionrounds.com/fund/dolby-family-ventures) VC firm Per its own site [Material Impact](https://millionrounds.com/fund/material-impact) VC firm Per its own site [Acre Venture Partners Lp](https://millionrounds.com/fund/acre-venture-partners) VC firm Per its own site [Alpine Space Ventures](https://millionrounds.com/fund/alpine-space-ventures) VC firm Per its own site [Baruch Future Ventures](https://millionrounds.com/fund/baruch-future-ventures) VC firm Per its own site [Clymate Studios](https://millionrounds.com/fund/clymate-studios) Venture studio Per its own site [The Drawdown Fund](https://millionrounds.com/fund/drawdown-fund-managed-by-tiger-grass-capital) Private equity Per its own site ## Quick answers about Source ### Who invested in Source? Source's investors include First Round Capital, BoxGroup, BlackRock, Breakthrough Energy and Elemental Impact, and 4 more on record. ### How much has Source raised? Source has raised $143M across 4 rounds since 2022. ### When did Source last raise? Source's most recent round was a Pre-seed of $1.4M in Jun 2025. ### What was Source's biggest round? Source's largest round on record is $130M (Series D), in Jul 2022. ### Who backed Source first? Source's first round on record, in Apr 2022, was backed by First Round Capital and BoxGroup. ### What stage is Source at? Source's latest named round is a Pre-seed, in Jun 2025. ### Where is Source based? Source is based in France. ## Companies like Source In the same sector, and raised in the last eighteen months. [**Edonia** $18M · Oct 2026](https://millionrounds.com/company/edonia)[**Innovorder** $24M · Jun 2026](https://millionrounds.com/company/innovorder)[**Standing Ovation** $34M · Apr 2026](https://millionrounds.com/company/standing-ovation)[**Drinkee** $3.9M · Mar 2026](https://millionrounds.com/company/drinkee)[**Spore.Bio** $23M · Jan 2026](https://millionrounds.com/company/spore-bio)[**Green Spot Technologies** $5.8M · Nov 2025](https://millionrounds.com/company/green-spot-technologies) ## 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