# FunPep funding: rounds and investors

> FunPep has raised $20M across 2 rounds since 2020. Investors include Mizuho Capital and SBI Investment. Every round with its source.

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

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

# Who invested in *FunPep*

2 rounds we have observed, with the 2 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.

Biotech

Raised 9 months ago

Funding summary Updated 26 Oct 2026

**$20M** raised across 2 rounds since 2020, from 2 sources

**$14M** Venture **$5.5M** Venture

- **Latest round:** Venture, $5.5M Feb 2026
- **Biggest round:** $14M Venture · Aug 2020
- **Investors:** 2

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.

2021 2022 2023 2024 2025 2026

**$14M** Venture

**$5.5M** Venture

- **First round:** Venture, $14M
- **Biggest round:** $14M
- **Between rounds:** 5.5 years

## The rounds

- **Feb 2026** Venture **$5.5M** *2 returning* [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [SBI Investment](https://millionrounds.com/fund/sbi-investment) Source recorded
- **Aug 2020** Venture **$14M** *2 new* [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [SBI Investment](https://millionrounds.com/fund/sbi-investment) 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.

**Venture** 2020 **Venture** 2026 [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [SBI Investment](https://millionrounds.com/fund/sbi-investment)

## Everyone who backed them

[Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) VC firm **2** rounds

[SBI Investment](https://millionrounds.com/fund/sbi-investment) VC firm **2** rounds

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

## Quick answers about FunPep

### Who invested in FunPep?

FunPep's investors include Mizuho Capital and SBI Investment.

### How much has FunPep raised?

FunPep has raised $20M across 2 rounds since 2020.

### When did FunPep last raise?

FunPep's most recent round was a Venture of $5.5M in Feb 2026.

### What was FunPep's biggest round?

FunPep's largest round on record is $14M (Venture), in Aug 2020.

### Who backed FunPep first?

FunPep's first round on record, in Aug 2020, was backed by Mizuho Capital and SBI Investment.

### What stage is FunPep at?

FunPep's latest named round is a Venture, in Feb 2026.

### Where is FunPep based?

FunPep is based in Japan.

## Companies like FunPep

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

[**Kinish** $35M · Oct 2026](https://millionrounds.com/company/kinish)[**RadioNano Therapeutics** $955K · Oct 2026](https://millionrounds.com/company/radionano-therapeutics)[**Dioseve** $12M · Jun 2026](https://millionrounds.com/company/dioseve)[**xCARE** $862K · Jun 2026](https://millionrounds.com/company/xcare)[**Neusignal Therapeutics** $40M · Jun 2026](https://millionrounds.com/company/neusignal-therapeutics)[**Epsilon Molecular Engineering** $2.7M · May 2026](https://millionrounds.com/company/epsilon-molecular-engineering)

## Find investors like these

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