# Tractian raises $130M Series D led by Sapphire Ventures

> Tractian, based in Brazil, has raised $130M in a Series D led by Sapphire Ventures, M&G Catalyst and Catalyst, announced on 22 October 2026.

Source: https://millionrounds.com/news/rounds/tractian-series-d-2026-10 (Millionrounds; every figure on the page links to its filing or article)

Raised **$130M** 10 sources reported it

Stage **Series D** 1 earlier round on record

Investors **15** 5 named as lead

Where **BR** Brazil

AI IoT Manufacturing

## How big is it?

Against every equity round we recorded in the twelve months to 22 October 2026. Ranks count companies, so the same raise reported twice is counted once.

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

**#58** Series D of 95 in that time

**#2** round in Brazil, of 73

This round **$130M**

Median Series D **$150M**

Below the median Series D of the last twelve months.

## Who invested

- [**Sapphire Ventures** 26 rounds in the last twelve months *Led*](https://millionrounds.com/fund/sapphire-ventures)
- [**M&G Catalyst** 2 rounds in the last twelve months *Led*](https://millionrounds.com/fund/m-and-g-catalyst)
- [**Catalyst** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/catalyst-2)
- [**M&G's Catalyst** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/m-and-g-s-catalyst)
- [**M&G's Catalyst strategy** 1 round in the last twelve months *Led*](https://millionrounds.com/fund/m-and-g-s-catalyst-strategy)

Also in the round

- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [General Catalyst](https://millionrounds.com/fund/general-catalyst)
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- [Bosch Ventures](https://millionrounds.com/fund/bosch-ventures)
- [Norte Ventures](https://millionrounds.com/fund/norte-ventures-2)
- [Monashees](https://millionrounds.com/fund/monashees)
- [N47](https://millionrounds.com/fund/n47)
- [53 Stations](https://millionrounds.com/fund/53-stations)
- [Endeavour Catalyst](https://millionrounds.com/fund/endeavour-catalyst)
- [Catalyst, da M&G Investments](https://millionrounds.com/fund/catalyst-da-m-and-g-investments)

## Funding history

- October 2026 Series D **$130M**
- December 2024 Series C **$120M**

$250M raised across the 2 rounds we hold.

## Reported by

- epocanegocios.globo.com 22 October
- pipelinevalor.globo.com 22 October
- revistapegn.globo.com 22 October
- bloomberglinea.com.br 22 October
- moneyreport.com.br 22 October
- PR Newswire 22 October
- Wowtale 23 October
- LatamList 23 October
- Pulse 2.0 23 October
- thebridge.jp 23 October

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

## Other big rounds that week

[**Kalshi** $1.0B Series G](https://millionrounds.com/news/rounds/kalshi-series-g-2026-10)[P **Pathos AI** $237M Series E](https://millionrounds.com/news/rounds/pathos-ai-series-e-2026-10)[W **Warhound** $200M Seed](https://millionrounds.com/news/rounds/warhound-seed-round-2026-10)[W **Warp Sciences** $215M Series A](https://millionrounds.com/news/rounds/warp-sciences-series-a-2026-10)[**Xona** $250M Series D](https://millionrounds.com/news/rounds/xona-series-d-2026-10)[**Peak Energy** $108M Series B](https://millionrounds.com/news/rounds/peak-energy-series-b-2026-10)

[The company **Tractian on Millionrounds** *→*](https://millionrounds.com/company/tractian)[Weekly roundup **Week of 19 October** *→*](https://millionrounds.com/news/weekly/2026-10-19)[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)