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 ARL — 9 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).
- ·Post-money valuations for all 3 rounds
- ·The complete investor list — 9 names
- ·Watchlist + deal alerts for Maxwell Labs
Funding rounds
3 roundsSecondary demand: investment vehicles
from SEC Form D filingsIn 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.
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
- Website
- mxllabs.com/
- Ownership
- Privately Held (backing)
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.
Recorded secondary trades
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.
Institutional fund marks
No SEC-registered fund has reported a fair-value mark on Maxwell Labs in its N-PORT filings yet. We sweep new filings monthly.