# Swell Energy funding: rounds and investors

> Swell Energy has raised $120M across 1 round since 2022. Investors include SoftBank, SoftBank Vision Fund and Climate Capital. Every round with its source.

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

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

# Who invested in *Swell Energy*

One round we have observed, with the 5 investors 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.

Energy

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Funding summary Updated 27 Oct 2026

**$120M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series B, $120M Nov 2022
- **Investors:** 5

See who backed them

## The rounds

- **Nov 2022** Series B **$120M** [SoftBank](https://millionrounds.com/fund/softbank-2) [SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) [Climate Capital](https://millionrounds.com/fund/climate-capital) [Third Sphere](https://millionrounds.com/fund/third-sphere) [Ares Management](https://millionrounds.com/fund/ares-management) Source recorded

## Everyone who backed them

[SoftBank](https://millionrounds.com/fund/softbank-2) Investment firm **1** round

[SoftBank Vision Fund](https://millionrounds.com/fund/softbank-investment-advisers) VC firm **1** round

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

[Third Sphere](https://millionrounds.com/fund/third-sphere) VC firm **1** round

[Ares Management](https://millionrounds.com/fund/ares-management) Growth equity **1** round

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

## Also claim to have backed them

This firm lists Swell Energy 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.

[For Good Ventures](https://millionrounds.com/fund/for-good-ventures) VC firm Per its own site

## Quick answers about Swell Energy

### Who invested in Swell Energy?

Swell Energy's investors include SoftBank, SoftBank Vision Fund, Climate Capital, Third Sphere and Ares Management.

### How much has Swell Energy raised?

Swell Energy has raised $120M across 1 round since 2022.

### When did Swell Energy last raise?

Swell Energy's most recent round was a Series B of $120M in Nov 2022.

### What was Swell Energy's biggest round?

Its most recent round, $120M in Nov 2022, is also its largest on record.

### Who backed Swell Energy first?

Swell Energy's first round on record, in Nov 2022, was backed by SoftBank, SoftBank Vision Fund and Climate Capital and 2 others.

### What stage is Swell Energy at?

Swell Energy's latest named round is a Series B, in Nov 2022.

### Where is Swell Energy based?

Swell Energy is based in the United States.

## Companies like Swell Energy

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)[**Vertical Semiconductor** $84M · Oct 2026](https://millionrounds.com/company/vertical-semiconductor)

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