Recent Funding
Investors
T. Rowe Price Associates

T. Rowe Price Associates

T. Rowe Price Associates has backed 5 companies on Recent Funding, 1 in the last 12 months; its most recent deal is SambaNova (2026-07-12).

TypeInvestor

Portfolio on Recent Funding5

Deals, last 12 months1

Rounds led4 of 6

Capital in their rounds$3.32B

What T. Rowe Price Associates invests in

AI infrastructure and compute · 2 · 40%
Climate and energy · 2 · 40%
Health and bio · 2 · 40%
Developer tools and cloud · 2 · 40%
AI agents · 1 · 20%
Legal and compliance · 1 · 20%

How T. Rowe Price Associates invests

Stage	Deals	Capital in rounds
Series b+	6 100%	$3.32B

Year	Deals	Capital in rounds
2021	3 50%	$917M
2023	1 17%	$1B
2024	1 17%	$400M
2026	1 17%	$1B

Share is of the 6 rounds on Recent Funding that name T. Rowe Price Associates. Rounds with no announced date are left out of the year split, and "round" is a round whose stage is not on file.

Portfolio

Company	Round with T. Rowe Price Associates	Total raised	Latest raise
SSambaNova AI agents	Jul 12, 2026 Series b+ · $1B	$2.48B	Jul 12, 2026 Series b+
LLightmatter Health and bio	Oct 21, 2024 Series b+ · $400M · lead	$800M	Oct 21, 2024 Series b+
RRedwood Materials AI infrastructure and compute	Aug 29, 2023 Series b+ · $1B · lead	$2.67B	Jul 31, 2026 round
CClio Legal and compliance	Apr 27, 2021 Series b+ · $110M · lead	$1.79B	Nov 10, 2025 Series b+
PParabilis Medicines Health and bio	Mar 1, 2021 Series b+ · $107M	$801M	Jan 8, 2026 Series b+

Most frequent co-investors

Portfolio companies are the companies on Recent Funding with a round that lists T. Rowe Price Associates, which is a subset of its real portfolio. API: /api/v1/investors/t-rowe-price-associates. All investors.