# Skeleton Technologies raises $100M growth round led by Siemens

> Skeleton Technologies, based in Estonia, has raised $100M in a growth round led by Siemens, announced on 14 October 2026.

Source: https://millionrounds.com/news/rounds/skeleton-technologies-growth-round-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$100M** 5 sources reported it

Stage **Growth** 3 earlier rounds on record

Investors **1** 1 named as lead

Where **EE** Estonia

AI Energy Manufacturing

## How big is it?

Against every equity round we recorded in the twelve months to 14 October 2026. Ranks count companies, so the same raise reported twice is counted once.

**#462** equity round of the last twelve months

**#129** growth round of 263 in that time

**#1** round in Estonia, of 11

This round **$100M**

Median growth round **$116M**

Below the median growth round of the last twelve months.

## Who invested

- [**Siemens** 3 rounds in the last twelve months *Led*](https://millionrounds.com/fund/siemens)

## Funding history

- October 2026 Growth **$100M**
- June 2015 Series B **$11M**
- July 2014 Series A **$5.2M**
- April 2013 Venture **$2.8M**

$119M raised across the 4 rounds we hold.

## Reported by

- Firms' own news pages
- Tech.eu 14 October
- The Recursive 14 October
- ArcticStartup 15 October
- Tech Funding News 15 October

The round's figures come from these reports; each link opens the original.

## Other big rounds that week

[**OMass Therapeutics** $310M Series C](https://millionrounds.com/news/rounds/omass-therapeutics-series-c-2026-10)[**Salience Labs** $125M Series B](https://millionrounds.com/news/rounds/salience-labs-series-b-2026-10)[M **Modal Labs Inc.** $750M Series D](https://millionrounds.com/news/rounds/modal-labs-inc-series-d-2026-10)[**Labelbox** $100M Series E](https://millionrounds.com/news/rounds/labelbox-series-e-2026-10)[S **Scanntech** $180M Series F](https://millionrounds.com/news/rounds/scanntech-series-f-2026-10)[**Ramp** $1.9B Growth](https://millionrounds.com/news/rounds/ramp-growth-round-2026-10)

[The company **Skeleton Technologies on Millionrounds** *→*](https://millionrounds.com/company/skeleton-technologies)[Weekly roundup **Week of 12 October** *→*](https://millionrounds.com/news/weekly/2026-10-12)[Monthly roundup **October 2026** *→*](https://millionrounds.com/news/monthly/2026-10)

**How this article is made**

We write one for every equity round of $100M or more that at least two sources reported. It is put together from our record of rounds, not rewritten from the reports: the ranks and medians count every equity round we read in the twelve months to the round's date. [How we read rounds](https://millionrounds.com/methodology) · [Report a mistake](https://millionrounds.com/corrections)