Company intelligence

Arcturus

As of June 30, 2026, Arcturus has raised at least $8M in equity across 1 sourced funding round.

MaterialsLos Angeles, California, USAWebsite ↗See connections →

Arcturus at a glance

As of
Equity raised
$8M[1]
Across 1 sourced roundDerived
Lead investors
Initialized Capital[2]
Seed · June 2026
Headquarters
Los Angeles, California, USA[3]
  1. [1] Equity raised: Sum of the 1 sourced equity round in the funding history below (debt, tender offers and rumored rounds excluded), June 30, 2026
  2. [2] Lead investors: TechCrunch, June 30, 2026
  3. [3] Headquarters: Arcturus (retrieved October 15, 2026)

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Recent changes

  1. Jun 30, 2026Raised $8M Seed TechCrunch
  2. Jun 30, 2026New investor: Initialized Capital TechCrunch
  3. Jun 30, 2026New investor: Breakthrough Energy TechCrunch
  4. Jun 30, 2026New investor: Toyota Ventures TechCrunch
  5. Jun 30, 2026New investor: Wireframe Ventures TechCrunch
Earlier changes (1)
  1. Jun 30, 2026Arcturus Raises $8M Seed to Halve the Grid's Electrical Losses With Nano-Infused Copper Pulse story

Funding history

1 equity event · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
Jun 30, 2026Seed$8M—
Initialized Capital
WithToyota VenturesBreakthrough EnergyWireframe Ventures
TechCrunchPulse story

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Investors

Initialized CapitalBreakthrough EnergyToyota VenturesWireframe Ventures

Latest Pulse

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  3. Ashton Kutcher Leaves Sound Ventures to Launch New Early-Stage Firm With Morgan BellerAshton Kutcher is departing Sound Ventures, the firm he co-founded roughly eleven years ago, to launch a new early-stage vehicle with Morgan Beller — who co-led Meta's Libra/Diem cryptocurrency project and was most recently a general partner at NFX after a stint at Andreessen Horowitz. The new firm will focus on very early-stage AI infrastructure, energy and deep-tech companies built around hard science rather than software alone, a deliberate departure from Sound Ventures' later-stage, concentrated bets.→
  4. Arcturus Raises $8M Seed to Halve the Grid's Electrical Losses With Nano-Infused CopperArcturus, a Malibu-based materials startup founded by Amir Mashal, closed an $8 million seed round led by Initialized Capital with Toyota Ventures, Breakthrough Energy Discovery and Wireframe Ventures participating, TechCrunch reported June 30. The company uses lasers to infuse carbon nanomaterials into copper and aluminum, boosting conductivity in a way it says could halve resistive electrical losses across the grid and unlock roughly 3% more average electricity supply nationally.→

Coverage Timeline

newest first
  1. Jun 30, 2026FUNDINGArcturus Raises $8M Seed to Halve the Grid's Electrical Losses With Nano-Infused Copper$8M→

All Coverage

FUNDING

Arcturus Raises $8M Seed to Halve the Grid's Electrical Losses With Nano-Infused Copper

Illustration for: Arcturus Raises $8M Seed to Halve the Grid's Electrical Losses With Nano-Infused Copper
FUNDING$8M

Arcturus Raises $8M Seed to Halve the Grid's Electrical Losses With Nano-Infused Copper

Arcturus, a Malibu-based materials startup founded by Amir Mashal, closed an $8 million seed round led by Initialized Capital with Toyota Ventures, Breakthrough Energy Discovery and Wireframe Ventures participating, TechCrunch reported June 30. The company uses lasers to infuse carbon nanomaterials into copper and aluminum, boosting conductivity in a way it says could halve resistive electrical losses across the grid and unlock roughly 3% more average electricity supply nationally.

Arcturus FAQ

How much has Arcturus raised?

Arcturus has raised at least $8M in equity across 1 sourced funding round tracked by Value Add VC. The most recent was a $8M Seed in June 2026, reported by TechCrunch. Debt financing, tender offers and secondary sales are not counted.

Who invested in Arcturus?

Lead investors in Arcturus's sourced funding rounds include Initialized Capital. Per round: its June 2026 Seed was led by Initialized Capital.

Where is Arcturus headquartered?

Arcturus is headquartered in Los Angeles, California, USA, according to Arcturus.

Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·