Funding round
Vexve Growth
Reported as "Growth Equity"
Vexve, which works in industrial valve manufacturing in Sastamala, raised $591M in a Growth round announced on 1 Jun 2025, led by Pantheon. 3 firms took part.
$591M
Amount raised
521,000,000 EUR converted
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Vexve did not disclose a valuation in this round. It is Vexve's first venture round on record, 6 years after it was founded in 2019. No later venture round is on record for Vexve.
Vexve's funding rounds
This is the only venture round on record for Vexve.
- Acquisition not a venture round 30 Jun 2016, led by DevCo amount not disclosed
- Growth this round 1 Jun 2025, led by Pantheon $591M
Investors
Who put money in
Pantheon led the round with 2 other firms.
Lead investor
- backs 8 venture-backed companies new investor
Also in the round
- Ilmarinen new investor
- backs 54 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to acquisitions.
- Acquisitions
Comparable rounds
How it compares
The closest in time: 2 in Pipes, Tubes, Fittings & Valves, then Growth rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Pipes, Tubes, Fittings & Valves | 4 Jun 2025 | undisclosed | not disclosed | not named |
| Pipes, Tubes, Fittings & Valves | 19 Jun 2024 | $32M | not disclosed | SENCO CAPITAL |
| Databricks Tech Companies | 30 Jun 2025 | $10.00B | $55.00B | T. Rowe Price |
| The Ardonagh Group Insurance - Agents, Carriers & Brokers | 30 Jun 2025 | $2.50B | $14.00B | Stone Point |
| Binance Cryptocurrency | 19 Jun 2025 | $2.00B | not disclosed | Mubadala Capital |
| Yinson Oil & Gas - Extraction & Distribution | 17 Jun 2025 | $1.00B | $3.70B | not named |
| TerraPower Renewable energy companies | 18 Jun 2025 | $650M | not disclosed | NVentures |
| Datasite Tech Companies | 4 Jun 2025 | $500M | not disclosed | CapVest |
Sources
Where this comes from
Reported by 2 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed
Questions
Frequently asked
How much did Vexve raise in its Growth round?
Vexve raised $591M in its Growth round, announced in Jun 2025.
Who led Vexve's Growth round?
Pantheon led it, with Ilmarinen and Tesi.
What was Vexve's valuation at the Growth round?
It was not disclosed.