Private Market View

Maxwell Labs

Saint Paul, MN · Founded 2020 · Privately Held (backing)

Last price · $/share
Implied valuation
$85.9M
Total raised
$12.3M
Last round
Early Stage VC
Feb 2026

Key facts

  • Maxwell Labs’s last known valuation is $85.9M (Feb 2026).
  • It has raised $12.3M across 3 recorded rounds; the latest was Early Stage VC ($7.9M) in Feb 2026.
  • Notable investors include gBETA, Groove Capital, mHUB, Arosa Capital Management, DEVCOM ARL9 tracked in total.
  • 1 investment vehicle was formed to buy Maxwell Labs shares in the last 12 months, reporting $511K sold to 17 investors, per SEC Form D filings.
  • Maxwell Labs has filed 4 Form Ds with the SEC since 2022, most recently Feb 2026 ($7.9M sold to 31 investors).
  • Status: Privately Held (backing).
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  • ·Post-money valuations for all 3 rounds
  • ·The complete investor list — 9 names
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Funding rounds

3 rounds
Feb 2026Early Stage VC$7.9MSEC filing
May 2023Seed Round$250KSEC filing
Apr 2022Seed Round$1.1MSEC filing

Secondary demand: investment vehicles

from SEC Form D filings

In the last 12 months, 1 investment vehicle were formed to buy Maxwell Labs shares, reporting $511K sold to 17 investors. Most recent filing Feb 2026. Vehicles like these are how secondary buyers pool demand for a name; a rising count is a demand signal.

The vehicle list — each sponsor, filing date, amount sold and investor count — is a Pro table. Unlock the 1 vehicle

About Maxwell Labs

Developer of a photonic cold plate designed to transform chip heat into light and back into usable electricity, revolutionizing heat management and energy use in high-performance computing systems. The company offers integrated laser cooling, advanced simulation, and nanophotonics, enabling data centers and AI hardware to scale performance and harvest waste heat, unlocking higher power densities for next-generation chip designs.

Sector
Information Technology
HQ
Saint Paul, MN, United States
Founded
2020
Employees
5
Ownership
Privately Held (backing)
PA Mark — not yet priced

Maxwell Labs doesn't have a composite mark yet — a PA Mark is published once enough pricing inputs exist (trade prints, fund marks, round prices). The rest of the record below builds toward it.

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Recorded secondary trades

No prints on record

No secondary trades in Maxwell Labs shares have been recorded yet. When a print lands — third-party, direct report, or platform — it appears here with structure, source, and price.

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Institutional fund marks

No fund marks yet

No SEC-registered fund has reported a fair-value mark on Maxwell Labs in its N-PORT filings yet. We sweep new filings monthly.

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