Funding round
VulcanForms Series D
VulcanForms, which works in digital manufacturing infrastructure development in Harvard, raised $220M in a Series D round announced on 30 Jan 2026, led by Eclipse and 1789 Capital. 5 firms took part. It is VulcanForms' second venture round on record; the one before was a Growth in Jul 2022.
$220M
Amount raised
Not disclosed
Post-money valuation
5
Investors
2 leads
Valuation
What this round says about the price
VulcanForms did not disclose a valuation in this round; its last disclosed one was $1.00B at the Growth (Jul 2022). It came 42 months after VulcanForms' Growth. It is 38% of the $575M VulcanForms has raised in the venture rounds on record. No later venture round is on record for VulcanForms.
VulcanForms' funding rounds
VulcanForms has 2 venture rounds on record. This one is highlighted.
- Growth 5 Jul 2022 $355M$1.00B post-money
- Series D this round 30 Jan 2026, led by Eclipse and 1789 Capital $220M
Investors
Who put money in
Eclipse and 1789 Capital led the round with 3 other firms.
Lead investors
- Eclipse backs 79 venture-backed companies new investor
- 1789 Capital new investor
Also in the round
- backs 30 venture-backed companies new investor
- backs 32 venture-backed companies new investor
- IEQ Capital new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to scaling operations.
- Scaling operations
Comparable rounds
How it compares
The closest in time: Series D rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| ClickHouse Tech Companies | 16 Jan 2026 | $400M | $15.00B | Dragoneer Investment Group |
| Parloa Tech Companies | 15 Jan 2026 | $350M | $3.00B | General Catalyst |
| Pharmaceutical Products | 22 Jan 2026 | $287M | not disclosed | not named |
| Cellares Pharmaceutical Products | 28 Jan 2026 | $257M | not disclosed | BlackRock and Eclipse |
| Decagon Software Development Services | 27 Jan 2026 | $250M | $4.50B | Coatue and Index Ventures |
| Psychologists & Counseling Services | 22 Jan 2026 | $220M | not disclosed | Kinnevik |
| WeLab Banks & ATMs | 15 Jan 2026 | $220M | not disclosed | not named |
| Tech Companies | 13 Jan 2026 | $200M | $2.15B | Battery Ventures and Sapphire Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did VulcanForms raise in its Series D round?
VulcanForms raised $220M in its Series D round, announced in Jan 2026.
Who led VulcanForms' Series D round?
Eclipse and 1789 Capital led it, with Washington Harbour, Fontinalis and IEQ Capital.
What was VulcanForms' valuation at the Series D round?
It was not disclosed; its last disclosed one was $1.00B at the Growth (Jul 2022).