# InnovationX: portfolio, investments and team

> InnovationX is a growth equity. 3 investments on record, 3 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team.

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

[Investor](https://millionrounds.com/investors)

# InnovationX

Last cheque observed Oct 2026; 3 cheques on record.

Email

Deploying now Growth equity

Growth

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**100%** of best year **3** **cheques in 12 months**, 3 on record

Since the last cheque **12** days **00** hrs **00** min **00** sec

Median round **$1.5B** Rounds led **1 of 3**

Pitch InnovationX

## InnovationX highlights

- 01 3 cheques in the last 12 months
- 02 Mostly Growth and Series E: 67% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Growth
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **3 appearances**

- **2026** 3 rounds
- **Oct** **[Tenstorrent](https://millionrounds.com/company/tenstorrent)** Series E · US · BetaKit **$1.5B** *Led*
- **Jul** **[Shield AI](https://millionrounds.com/company/shield-ai)** Series G · US · InnovationX **$1.5B** With 8 others
- **Mar** **[Shield AI](https://millionrounds.com/company/shield-ai)** Growth · US · InnovationX **$2.0B** With 12 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Growth

Median round joined **$1.5B** the round, not its cheque

Led 1 of 3 rounds **33%**

- **Sole investor:** Never alone
- **Last cheque:** Oct 2026

Rounds by stage said on their site

- Growth said *1*
- Series E *1*
- Series G *1*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Advent International](https://millionrounds.com/fund/advent-international) 2
- [Apandion](https://millionrounds.com/fund/apandion) 2
- [Disruptive](https://millionrounds.com/fund/disruptive) 2
- [JPMorgan Chase's Strategic Investment Group](https://millionrounds.com/fund/jpmorgan-chase-s-strategic-investment-group) 2
- [Snowpoint Ventures](https://millionrounds.com/fund/snowpoint-ventures) 2

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## Who they invest alongside

The investors most often in the same rounds as InnovationX. A count of rooms they were both in, not a relationship either has claimed.

[**Advent International** Private equity **2** rounds together](https://millionrounds.com/fund/advent-international)[**Apandion** Growth equity **2** rounds together](https://millionrounds.com/fund/apandion)[**Disruptive** Advisor **2** rounds together](https://millionrounds.com/fund/disruptive)[**JPMorgan Chase's Strategic Investment Group** Growth equity **2** rounds together](https://millionrounds.com/fund/jpmorgan-chase-s-strategic-investment-group)[**Snowpoint Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/snowpoint-ventures)

## Recently backed

The latest companies InnovationX put money into.

[**Tenstorrent** $1.5B · Oct 2026](https://millionrounds.com/company/tenstorrent)[**Shield AI** $1.5B · Jul 2026](https://millionrounds.com/company/shield-ai)

## Quick answers about InnovationX

### What does InnovationX invest in?

InnovationX invests most often at Growth and Series E (67% of the rounds on record).

### How active is InnovationX?

3 investments on record, 3 of them in the last 12 months, and it led 1. The most recent was in Oct 2026.

### What has InnovationX invested in recently?

Its most recent investments on record: Tenstorrent (Series E, Oct 2026) and Shield AI (Series G, Jul 2026).

### How big are InnovationX's cheques?

The median round it joins is $1.5B.

### Is InnovationX investing now?

Yes: it is actively investing, with 3 investments in the last 12 months.

### Who does InnovationX invest alongside?

Most often Advent International (2 rounds together), Apandion (2 rounds together) and Disruptive (2 rounds together).

### What kind of investor is InnovationX?

InnovationX is a growth equity firm.

### Where does this information on InnovationX come from?

From 20 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=innovationx) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=innovationx)