# Fez funding: rounds and investors

> Fez has raised $10M across 2 rounds since 2021. Investors include Techstars, Google for Startups and Incubate Fund. Every round with its source.

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

Japan · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Fez*

2 rounds we have observed, with the 5 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.

Martech

Funding summary Updated 26 Oct 2026

**$10M** raised across 2 rounds since 2021, from 2 sources

**$10M** Series C **$150K** Grant

- **Latest round:** Grant, $150K Jun 2023
- **Biggest round:** $10M Series C · Oct 2021
- **Investors:** 5

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.

2022 2023

**$10M** Series C

**$150K** Grant

- **First round:** Series C, $10M
- **Biggest round:** $10M
- **Between rounds:** 20 months

## The rounds

- **Jun 2023** Grant **$150K** *3 new* [Techstars](https://millionrounds.com/fund/techstars) [Google for Startups](https://millionrounds.com/fund/google-for-startups) [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) Source recorded
- **Oct 2021** Series C **$10M** *2 new* [Incubate Fund](https://millionrounds.com/fund/incubate-fund) [Nissay Capital](https://millionrounds.com/fund/nissay-capital) Source recorded

## 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.

**Series C** 2021 **Grant** 2023 [Techstars](https://millionrounds.com/fund/techstars) [Google for Startups](https://millionrounds.com/fund/google-for-startups) [Incubate Fund](https://millionrounds.com/fund/incubate-fund) [Nissay Capital](https://millionrounds.com/fund/nissay-capital) [Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund)

## Everyone who backed them

[Techstars](https://millionrounds.com/fund/techstars) VC firm **1** round

[Google for Startups](https://millionrounds.com/fund/google-for-startups) Accelerator **1** round

[Incubate Fund](https://millionrounds.com/fund/incubate-fund) VC firm **1** round

[Nissay Capital](https://millionrounds.com/fund/nissay-capital) VC firm **1** round

[Ventures Platform](https://millionrounds.com/fund/ventures-platform-fund) VC firm **1** round

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

## Quick answers about Fez

### Who invested in Fez?

Fez's investors include Techstars, Google for Startups, Incubate Fund, Nissay Capital and Ventures Platform.

### How much has Fez raised?

Fez has raised $10M across 2 rounds since 2021.

### When did Fez last raise?

Fez's most recent round was a Grant of $150K in Jun 2023.

### What was Fez's biggest round?

Fez's largest round on record is $10M (Series C), in Oct 2021.

### Who backed Fez first?

Fez's first round on record, in Oct 2021, was backed by Incubate Fund and Nissay Capital.

### What stage is Fez at?

Fez's latest named round is a Grant, in Jun 2023.

### Where is Fez based?

Fez is based in Japan.

## Companies like Fez

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

[**iYell** $8.4M · Jul 2026](https://millionrounds.com/company/iyell)[**Buddy Compass** $924K · Jul 2026](https://millionrounds.com/company/buddy-compass)[**Lipronext** $755K · Apr 2026](https://millionrounds.com/company/lipronext)[**Ultra Social** $7.6M · Oct 2025](https://millionrounds.com/company/ultra-social)[**SDio** $1.0M · Oct 2025](https://millionrounds.com/company/sdio)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)

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