Where does Maxwell Labs's cap table come from?

Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Maxwell Labs's 3 recorded funding rounds.

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Maxwell Labs

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

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 based in Saint Paul, MN and was founded in 2020. It was valued at $85.9 million at its later-stage round in Feb 2026, the last priced event on record. It has raised $12.3 million across 3 recorded rounds; the latest was a $7.9 million early-stage round in Feb 2026.

PMV mark · valuation

$85.9M

Oct 2026

Priced at

its later-stage round

Feb 2026

Total raised

$12.3M

Last round

Early Stage VC

Feb 2026

Cap table — not yet on record

Maxwell Labs's share-class structure hasn't surfaced in our sources yet. Cap tables are assembled from certificates of incorporation, round filings, and disclosures as they land.

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Frequently asked about Maxwell Labs

Where does Maxwell Labs's cap table come from?: Share classes are assembled from certificates of incorporation, priced-round filings, and disclosures across Maxwell Labs's 3 recorded funding rounds.