Japan · Funded startup

Who invested in EX-Fusion

2 rounds we have observed, with the 6 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cleantech

Raised 2 months ago

Funding summaryUpdated 26 Oct 2026

$5.2Mraised across 2 rounds since 2025, from 2 sources

$2.6MSeries A$2.6MGrant
Latest round
Grant, $2.6MSept 2026
Investors
6
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2026
$2.6MSeries A$2.6MGrant
First round
Series A, $2.6M
Oct 2025
Biggest round
$2.6M
Grant · Sept 2026
Between rounds
11 months
from the last two

The rounds

  1. Sept 2026
  2. Oct 2025

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Mizuho CapitalVC firm2rounds
Nissay CapitalVC firm2rounds
ANRIVC firm2rounds
SMBC Venture CapitalInvestment bank1round
Delight VenturesVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists EX-Fusion as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

Miyako CapitalVC firmPer its own site

Quick answers about EX-Fusion

Who invested in EX-Fusion?

EX-Fusion's investors include Mitsubishi UFJ Capital, Mizuho Capital, Nissay Capital, ANRI and SMBC Venture Capital, and 1 more on record.

How much has EX-Fusion raised?

EX-Fusion has raised $5.2M across 2 rounds since 2025.

When did EX-Fusion last raise?

EX-Fusion's most recent round was a Grant of $2.6M in Sept 2026.

What was EX-Fusion's biggest round?

Its most recent round, $2.6M in Sept 2026, is also its largest on record.

Who backed EX-Fusion first?

EX-Fusion's first round on record, in Oct 2025, was backed by Mitsubishi UFJ Capital, Mizuho Capital and Nissay Capital and 2 others.

What stage is EX-Fusion at?

EX-Fusion's latest named round is a Grant, in Sept 2026.

Where is EX-Fusion based?

EX-Fusion is based in Japan.

Companies like EX-Fusion

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