Maxwell Labs key facts
as of Oct 2026- 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.
- Maxwell Labs is valued at approximately $85.9M as of Oct 2026, set at its later-stage round, Feb 2026; nothing has traded since, per PrivateMarketView’s mark.
- 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).
Valued at $85.9M at its later-stage round, Feb 2026. Nothing has traded since.
- ·Watch Maxwell Labs: the Monday email on marks, rounds and moves
Maxwell Labs funding rounds
3 roundsVehicles formed to buy Maxwell Labs shares
secondary demand · 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.
Membership and data by Private Market View
Maxwell Labs valuation
Maxwell Labs was valued at $85.9 million at its later-stage round in Feb 2026. That is the last priced event on record: no secondary trade or institutional fund mark has moved the figure since.
How much has Maxwell Labs raised?
Maxwell Labs has raised $12.3 million across 3 recorded rounds since 2022. The largest was a $7.9 million early-stage round in Feb 2026.
Maxwell Labs has filed 4 Form Ds with the SEC since 2022, most recently in Feb 2026 ($7.9 million sold to 31 investors).
Institutional holders and vehicles
In the last 12 months, 1 investment vehicle was formed to buy Maxwell Labs shares, reporting $510,510 sold to 17 investors, per SEC Form D filings (most recent Feb 2026).
Maxwell Labs investors
9 investors are on record for Maxwell Labs, including gBETA, Groove Capital, mHUB and Arosa Capital Management. The early-stage round in Feb 2026 drew 31 investors.
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)
Is this your company? Sign in with your work email to keep it current, or tell us what's wrong.