# Apana funding: rounds and investors

> Apana has raised $11M across 1 round since 2019. Investors include Kurita Water Industries, Urban Innovation Fund and Cowles Company.

Source: https://millionrounds.com/company/apana (Millionrounds; every figure on the page links to its filing or article)

United States · [Series B startup](https://millionrounds.com/companies)

# Who invested in *Apana*

One round we have observed, with the 4 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Funding summary Updated 26 Oct 2026

**$11M** raised across 1 round since 2019, from 1 source

- **Latest round:** Series B, $11M Apr 2019
- **Led by:** Kurita Water Industries
- **Investors:** 4 (1 led)

See who backed them

## The rounds

- **Apr 2019** Series B **$11M** [Kurita Water Industries](https://millionrounds.com/fund/kurita-water-industries) Lead [Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) [Cowles Company](https://millionrounds.com/fund/cowles-company) E8 Fund Reported by FinSMEs SEC filing: $11M sold, first sale Mar 2019

## Founders and team

From the SEC filings it signed: 3 on the team.

- **Hideki Kobayashi** Executive Officer, Director i
- **Matthew Rose** Executive Officer, Director i
- **Tom Doll** Executive Officer i

On the board, as filed i *Frank Burns*

## Everyone who backed them

[Kurita Water Industries](https://millionrounds.com/fund/kurita-water-industries) Corporate VC **1** round, led 1

[Urban Innovation Fund](https://millionrounds.com/fund/urban-innovation-fund) VC firm **1** round

[Cowles Company](https://millionrounds.com/fund/cowles-company) VC firm **1** round

E8 Fund no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=apana).

## Quick answers about Apana

### Who invested in Apana?

Apana's investors include Kurita Water Industries, Urban Innovation Fund, Cowles Company and E8 Fund. Kurita Water Industries led its latest round.

### How much has Apana raised?

Apana has raised $11M across 1 round since 2019.

### When did Apana last raise?

Apana's most recent round was a Series B of $11M in Apr 2019, led by Kurita Water Industries.

### What was Apana's biggest round?

Its most recent round, $11M in Apr 2019, is also its largest on record.

### Who backed Apana first?

Apana's first round on record, in Apr 2019, was backed by Kurita Water Industries, Urban Innovation Fund and Cowles Company and 1 others.

### What stage is Apana at?

Apana's latest named round is a Series B, in Apr 2019.

### Where is Apana based?

Apana is based in the United States.

### Who led Apana's rounds?

Kurita Water Industries led the Series B in 2019.

## Companies like Apana

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Pivot Energy** $500M · Oct 2026](https://millionrounds.com/company/pivot-energy)[**Peak Energy** $163M · Oct 2026](https://millionrounds.com/company/peak-energy)[**Renew** $207M · Oct 2026](https://millionrounds.com/company/renew)[**Optivolt** $37M · Oct 2026](https://millionrounds.com/company/optivolt)

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