# Xona funding: rounds and investors

> Xona has raised $512M across 3 rounds since 2025. Investors include Gaingels, Craft Ventures and Future Ventures. Every round with its source.

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

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

# Who invested in *Xona*

3 rounds we have observed, with the 11 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.

Aerospace & Space Big Data & Analytics Logistics

Raised this month

Funding summary Updated 26 Oct 2026

**$512M** raised across 3 rounds since 2025, from 10 sources

**$92M** Series B **$170M** Series C **$250M** Series D

- **Latest round:** Series D, $250M Oct 2026
- **Led by:** Future Ventures
- **Step-up i:** 1.5×
- **Investors:** 11 (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.

2026

**$92M** Series B

**$170M** Series C

**$250M** Series D

- **First round:** Series B, $92M
- **Biggest round:** $250M
- **Usual gap between rounds:** 9 months

## The rounds

- **Oct 2026** Series D **$250M** *2 new* [Future Ventures](https://millionrounds.com/fund/future-ventures-4) Lead [Seraphim](https://millionrounds.com/fund/seraphim) Reported by Wowtale and 7 others SEC filing: $239M sold
- **Mar 2026** Series C **$170M** *4 new* *2 returning* [Gaingels](https://millionrounds.com/fund/gaingels) [Samsung Next](https://millionrounds.com/fund/samsung-next) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [IQ Capital](https://millionrounds.com/fund/iq-capital) [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Source recorded
- **Jun 2025** Series B **$92M** *5 new* [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Gaingels](https://millionrounds.com/fund/gaingels) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Seraphim Space](https://millionrounds.com/fund/seraphim-space) [Toyota Ventures](https://millionrounds.com/fund/toyota-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.

**Series B** 2025 **Series C** 2026 **Series D** 2026 [Gaingels](https://millionrounds.com/fund/gaingels) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) [Future Ventures](https://millionrounds.com/fund/future-ventures-4) L [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) [Samsung Next](https://millionrounds.com/fund/samsung-next) [IQ Capital](https://millionrounds.com/fund/iq-capital) [MaC Venture Capital](https://millionrounds.com/fund/mac-venture-capital) [Seraphim Space](https://millionrounds.com/fund/seraphim-space) [Toyota Ventures](https://millionrounds.com/fund/toyota-ventures) [Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3)

## Everyone who backed them

[Gaingels](https://millionrounds.com/fund/gaingels) Private equity **2** rounds

[Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **2** rounds

[Future Ventures](https://millionrounds.com/fund/future-ventures-4) VC firm **1** round, led 1

[National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government **1** round

[Samsung Next](https://millionrounds.com/fund/samsung-next) Corporate VC **1** round

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

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

[Seraphim Space](https://millionrounds.com/fund/seraphim-space) VC firm **1** round

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

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity **1** round

[Seraphim](https://millionrounds.com/fund/seraphim) Growth equity **1** round

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

## Also claim to have backed them

This firm lists Xona 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.

[NGP Capital](https://millionrounds.com/fund/ngp-capital) VC firm Per its own site

## Quick answers about Xona

### Who invested in Xona?

Xona's investors include Gaingels, Craft Ventures, Future Ventures, National Science Foundation and Samsung Next, and 6 more on record. Future Ventures led its latest round.

### How much has Xona raised?

Xona has raised $512M across 3 rounds since 2025.

### When did Xona last raise?

Xona's most recent round was a Series D of $250M in Oct 2026, led by Future Ventures.

### What was Xona's biggest round?

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

### Who backed Xona first?

Xona's first round on record, in Jun 2025, was backed by National Science Foundation, Gaingels and Craft Ventures and 2 others.

### What stage is Xona at?

Xona's latest named round is a Series D, in Oct 2026.

### Where is Xona based?

Xona is based in the United States.

### Who led Xona's rounds?

Future Ventures led the Series D in 2026.

## Companies like Xona

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

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**Apex** $1.1B · Oct 2026](https://millionrounds.com/company/apex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**DashFuel** Oct 2026](https://millionrounds.com/company/dashfuel)[**DrizzleX** $9.1M · Oct 2026](https://millionrounds.com/company/drizzlex)

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