Funding round
Domyn Series A
Domyn, which works in responsible AI solutions development in Milan, raised $10M in a Series A round announced on 1 Jul 2022, at a $1.78B post-money valuation. 2 firms took part. It is Domyn's first venture round on record.
$10M
Amount raised
10,000,000 EUR converted
$1.78B
Post-money valuation
2
Investors
no lead named
under 1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Domyn at $1.78B after the new money. The $10M bought investors about under 1% of the company. It is Domyn's first venture round on record, 6 years after it was founded in 2016. It is 1.4% of the $730M Domyn has raised in the venture rounds on record. Domyn raised again 18 months later: a Growth round of $720M in Jan 2024, at $1.88B post-money.
Domyn's funding rounds
Domyn has 2 venture rounds on record. This one is highlighted.
- Series A this round 1 Jul 2022 $10M$1.78B post-money
- Growth 1 Jan 2024 $720M$1.88B post-money
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- backs 6 venture-backed companies
- backs 7 venture-backed companies
Comparable rounds
How it compares
1,822 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was close to the median. The closest in time, other companies' Series A rounds in Tech Companies:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 25 Jul 2022 | $150M | not disclosed | FTX Ventures and Jump Crypto |
| Tech Companies | 19 Jul 2022 | $90M | not disclosed | Summit Partners |
| Tech Companies | 27 Jul 2022 | $65M | $1.00B | Pantera |
| Oxford Quantum Circuits Tech Companies | 5 Jul 2022 | $46M | not disclosed | Lansdowne Partners and The University of Tokyo Edge Capital Partners (UTEC) |
| Tech Companies | 19 Jul 2022 | $40M | $240M | The Eleven Fund |
| Tech Companies | 1 Jul 2022 | $30M | not disclosed | Corner Ventures |
| Tech Companies | 13 Jul 2022 | $29M | not disclosed | Index Ventures |
| Tech Companies | 31 Jul 2022 | $26M | not disclosed | Madrona |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Domyn raise in its Series A round?
Domyn raised $10M in its Series A round, announced in Jul 2022.
Which investors took part in Domyn's Series A round?
BlackSheep and Nova Capital.
What was Domyn's valuation at the Series A round?
$1.78B post-money.
How does it compare with other Series A rounds in Tech Companies?
1,822 Series A rounds in Tech Companies within a year either side disclosed an amount; the median was $12M, and this round was close to the median.
Did Domyn raise again after this round?
Yes: a Growth round in Jan 2024 of $720M at $1.88B post-money.