Investor · 2 deals
Every published round Stepstone took part in, and every parcel of existing shares it bought off another holder. Deals we hold but haven't published yet are not counted.
| Company | Stage | Announced | Amount | Role | Alongside | Sources |
|---|---|---|---|---|---|---|
| Lyka | Series C | 4 Aug 2026 | $67m | Participant | Startup Daily (5 Aug 2026), Shearwater Capital, petnews.com.au, Startup Daily (6 Mar 2026), SmartCompany (6 Mar 2026), SmartCompany (3 Mar 2026), Afterwork Ventures portfolio, Shearwater Capital portfolio | |
| Axion | Series B | 15 Dec 2025 | $37m | Participant | axion.com (15 Dec 2025), axion.com (undated) |
Companies Stepstone has backed in a published round, and companies whose existing shares it bought off another holder.
Fund closes reported for Stepstone, as distinct from the investments it has made.
Companies Stepstone has backed that another company then bought. An exit for the holding, not a deal Stepstone did.
Stories naming Stepstone. Where several outlets covered the same round, they are bundled under whichever ran the fullest account.
Pet food subscription company Lyka has closed a $67 million Series C led by New York fund LGVP, which backed its earlier raises, lifting the startup's lifetime funding to $155 million.
Pathzero has topped up its Series A with $8.6 million led again by Carthona Capital, lifting that round to $15.6 million. The piece also recalls earlier raises and notes funding by Arvani and Greener.
Also SmartCompany
Sydney carbon-accounting startup Pathzero raised an AUD 8.6 million Series A+ extension led by Carthona Capital, with Clyde Bank Holdings and Antler participating, to help financial institutions track financed emissions.
Axion founder Daniel First announces a $37 million Series B with Salesforce Ventures leading, lifting total raised to $64 million, and describes the company's AI platform for resolving product quality issues in manufacturing.
Also axion.com