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Funding round

STAX Engineering Growth

Reported as "Growth Equity"

STAX Engineering, which works in emissions capture and control technology development in Long Beach, raised $150M in a Growth round announced on 30 Jun 2026. 1 firm took part. It is STAX Engineering's fourth venture round on record; the one before was a Growth in Mar 2025.

STAX Engineering Long Beach Unconfirmed

$150M

Amount raised

Not disclosed

Post-money valuation

1

Investors

no lead named

Valuation

What this round says about the price

STAX Engineering did not disclose a valuation in this round. It came 15 months after STAX Engineering's Growth. It is 37% of the $410M STAX Engineering has raised in the venture rounds on record. No later venture round is on record for STAX Engineering.

STAX Engineering's funding rounds

STAX Engineering has 4 venture rounds on record and 1 other deal. This one is highlighted.

  1. Growth 17 Jul 2024, led by Upper90 $40M
  2. Growth 26 Feb 2025, led by Firstime Credit and Deutsche Bank Private Credit & Infrastructure $70M
  3. Growth 23 Mar 2025 $150M
  4. Grant not a venture round 14 Aug 2025 $1.5M
  5. Growth this round 30 Jun 2026 $150M

Investors

Who put money in

1 firm took part; no lead investor was named.

Investors

  • backs 70 venture-backed companies new investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, geographic expansion, scaling operations and working capital.

  • Product development
  • Geographic expansion
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

The closest in time, other companies' Growth rounds in Environmental Engineering Services:

Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Environmental Engineering Services6 Apr 2026$220Mnot disclosednot named
Environmental Engineering Services17 Sep 2026undisclosednot disclosedBattery Ventures
Environmental Engineering Services3 Dec 2025$4.4Mnot disclosedVertis SGR
Climeworks Environmental Engineering Services2 Jul 2025$162M$1.10BBigPoint Holding and Partners Group

Sources

Where this comes from

Reported by 6 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed

Questions

Frequently asked

How much did STAX Engineering raise in its Growth round?

STAX Engineering raised $150M in its Growth round, announced in Jun 2026.

Which investors took part in STAX Engineering's Growth round?

Bain Capital.

What was STAX Engineering's valuation at the Growth round?

It was not disclosed.