Material Depot raised $10 million in funding led by or including Accel.
- Amount
- $10M
- Announced
- 7 February 2026
- Leads
- Accel, Stellaris Venture Partners
- Other investors
- Whiteboard Capital, DeVC, Soma Capital, MyAsiaVC, Ramakant Sharma, Ankit Nagori, Shashvat Nakrani, Abhiroop Jayanthi, Niraj Singh, Saurabh Jain
- Use of funds
- Strengthen tech stack, expand product portfolio and collections, and scale offline presence across cities.
- Total raised
- $14.5M to date
- Checked
- Amount and date checked against the press source