# Wasabi Technologies funding: rounds and investors

> Wasabi Technologies has raised $331M across 3 rounds since 2017. Investors include Alumni Ventures, NTT DOCOMO Ventures and Bain Capital's Private Credit Group.

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

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

# Who invested in *Wasabi Technologies*

3 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.

Cloud Construction

Raised 6 months ago Valuation: $1.0B, Oct 2024

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Funding summary Updated 7 Nov 2026

**$331M** raised across 3 rounds since 2017, from 3 sources

**$11M** Round **$70M** Series E **$250M** Debt

- **Latest round:** Debt, $250M May 2026
- **Led by:** Bain Capital's Private Credit Group
- **Step-up i:** 3.6×
- **Investors:** 9 (1 led)

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.

2017 2019 2021 2023 2025

**$11M** Round

**$70M** Series E

**$250M** Debt

- **First round:** Round, $11M
- **Biggest round:** $250M
- **Usual gap between rounds:** 8.4 years

## The rounds

- **May 2026** Debt **$250M** *5 new* *2 returning* [Bain Capital's Private Credit Group](https://millionrounds.com/fund/bain-capital-s-private-credit-group) Lead [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Bain Capital](https://millionrounds.com/fund/bain-capital) [Neuberger Speciality Finance](https://millionrounds.com/fund/neuberger-speciality-finance) [U.S. Private Credit Investments (a division of BTG Pactual Global Alternatives)](https://millionrounds.com/fund/u-s-private-credit-investments-a-division-of-btg-pactual-glo) Reported by Ventureburn
- **Jan 2026** Series E **$70M** *3 new* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Fidelity](https://millionrounds.com/fund/fidelity) [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) Source recorded
- **Aug 2017** Round **$11M** *1 new* [CloudScale Capital Partners](https://millionrounds.com/fund/cloudscale-capital-partners-llc) Reported by FinSMEs SEC filing: $11M sold, first sale Jul 2017

## 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.

**Round** 2017 **Series E** 2026 **Debt** 2026 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) [Bain Capital's Private Credit Group](https://millionrounds.com/fund/bain-capital-s-private-credit-group) L [Fidelity](https://millionrounds.com/fund/fidelity) [Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) [Bain Capital](https://millionrounds.com/fund/bain-capital) [CloudScale Capital Partners](https://millionrounds.com/fund/cloudscale-capital-partners-llc) [Neuberger Speciality Finance](https://millionrounds.com/fund/neuberger-speciality-finance) [U.S. Private Credit Investments (a division of BTG Pactual Global Alternatives)](https://millionrounds.com/fund/u-s-private-credit-investments-a-division-of-btg-pactual-glo)

## Everyone who backed them

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **2** rounds

[NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) Accelerator **2** rounds

[Bain Capital's Private Credit Group](https://millionrounds.com/fund/bain-capital-s-private-credit-group) Investment firm **1** round, led 1

[Fidelity](https://millionrounds.com/fund/fidelity) VC firm **1** round

[Energy Impact Partners](https://millionrounds.com/fund/energy-impact-partners) VC firm **1** round

[Bain Capital](https://millionrounds.com/fund/bain-capital) Private equity **1** round

[CloudScale Capital Partners](https://millionrounds.com/fund/cloudscale-capital-partners-llc) VC firm **1** round

[Neuberger Speciality Finance](https://millionrounds.com/fund/neuberger-speciality-finance) Investment firm **1** round

[U.S. Private Credit Investments (a division of BTG Pactual Global Alternatives)](https://millionrounds.com/fund/u-s-private-credit-investments-a-division-of-btg-pactual-glo) Investment firm **1** round

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

## Quick answers about Wasabi Technologies

### Who invested in Wasabi Technologies?

Wasabi Technologies's investors include Alumni Ventures, NTT DOCOMO Ventures, Bain Capital's Private Credit Group, Fidelity and Energy Impact Partners, and 4 more on record. Bain Capital's Private Credit Group led its latest round.

### How much has Wasabi Technologies raised?

Wasabi Technologies has raised $331M across 3 rounds since 2017.

### When did Wasabi Technologies last raise?

Wasabi Technologies's most recent round was a Debt of $250M in May 2026, led by Bain Capital's Private Credit Group.

### What was Wasabi Technologies's biggest round?

Its most recent round, $250M in May 2026, is also its largest on record.

### Who backed Wasabi Technologies first?

Wasabi Technologies's first round on record, in Aug 2017, was backed by CloudScale Capital Partners.

### What stage is Wasabi Technologies at?

Wasabi Technologies's latest named round is a Debt, in May 2026.

### Where is Wasabi Technologies based?

Wasabi Technologies is based in the United States.

### Who led Wasabi Technologies's rounds?

Bain Capital's Private Credit Group led the Debt in 2026.

## Companies like Wasabi Technologies

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

[**Billd** $160M · Nov 2026](https://millionrounds.com/company/billd)[**Fal** $1.4B · Nov 2026](https://millionrounds.com/company/fal)[**Trajectory** $101M · Nov 2026](https://millionrounds.com/company/trajectory)[**Northwood Space** $505M · Nov 2026](https://millionrounds.com/company/northwood-space)[**Oracle** $70B · Nov 2026](https://millionrounds.com/company/oracle)[**OpenAI** $230B · Oct 2026](https://millionrounds.com/company/openai)

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