Hellbender Raises $12.5M in Seed Funding led by Magarac Venture Partners and Veredas Partners to expedite the rollout of its edge AI platforms.
Amount Raised
$12.5 Million
Round Type
Seed
PittsburghManufacturingArtificial IntelligenceMachine LearningInvestors
Description
Hellbender, based in Pittsburgh, PA, raised $12.5M in Seed funding. The round was led by Magarac Venture Partners and Veredas Partners, with participation from Mana Ventures, Gaingels, Sum VC, and the Active Angels Network. The company intends to use the funds to expedite the rollout of its edge AI platforms, designed for real-time perception and decision-making. This funding will help provide mission-critical intelligence across various complex environments.
Quick answer
Hellbender raised $12.5 Million in a Seed round, dated May 19, 2026. Investors: Active Angels Network, Sum VC, Mana Ventures, Gaingels, Magarac Venture Partners and Veredas Partners. Hellbender is based in Pittsburgh, Pennsylvania, United States.
- How much did Hellbender raise?
- Hellbender raised $12.5 Million in a Seed round on May 19, 2026.
- Who invested in Hellbender?
- Active Angels Network, Sum VC, Mana Ventures, Gaingels, Magarac Venture Partners and Veredas Partners are named as investors in this round.
- What does Hellbender do?
- Hellbender is a Pittsburgh, PA-based physical AI infrastructure company that builds integrated perception platforms enabling machines to see, understand, and act in real time across complex environments.
- Where is Hellbender based and how big is it?
- Hellbender is based in Pittsburgh, Pennsylvania, United States.
Source: Fundz verified event record.
Who else raised in Manufacturing and Artificial Intelligence around the same time
Companies in the same sectors as Hellbender that raised within 45 days of this round, from Fundz verified event records.
- Almetra raised $18M (Series A) on June 25, 2026.
- Launchpad Build AI raised $11M (Series A) on June 24, 2026.
- Partly raised $50M (Series B) on June 23, 2026.
- ChemT Biotechnology raised $4M (Seed) on June 22, 2026.
- Architect Labs raised $24M (Seed) on June 18, 2026.
- Deeply raised $1.6M (Seed) on June 15, 2026.
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