# H2 funding: rounds and investors

> H2 has raised $2.1M across 2 rounds since 2024. Investors include JAFCO, New Enterprise Associates and MetaProp Ventures. Every round with its source.

Source: https://millionrounds.com/company/h2 (Millionrounds; every figure on the page links to its filing or article)

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

# Who invested in *H2*

2 rounds we have observed, with the 4 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.

AI

Raised 11 months ago

Funding summary Updated 26 Oct 2026

**$2.1M** raised across 2 rounds since 2024, from 2 sources

- **Latest round:** Venture Dec 2025
- **Biggest round:** $2.1M Seed · Aug 2024
- **Investors:** 4

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.

2025

**$2.1M** Seed

**?** Venture

- **First round:** Seed, $2.1M
- **Biggest round:** $2.1M
- **Between rounds:** 16 months

## The rounds

- **Dec 2025** Venture **Amount undisclosed** *1 new* *1 returning* [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [JAFCO](https://millionrounds.com/fund/jafco) Source recorded
- **Aug 2024** Seed **$2.1M** *3 new* [JAFCO](https://millionrounds.com/fund/jafco) [MetaProp Ventures](https://millionrounds.com/fund/metaprop-ventures) [Spiral Capital](https://millionrounds.com/fund/spiral-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.

**Seed** 2024 **Venture** 2025 [JAFCO](https://millionrounds.com/fund/jafco) [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) [MetaProp Ventures](https://millionrounds.com/fund/metaprop-ventures) [Spiral Capital](https://millionrounds.com/fund/spiral-capital)

## Everyone who backed them

[JAFCO](https://millionrounds.com/fund/jafco) Company **2** rounds

[New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) VC firm **1** round

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

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

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=h2).

## Quick answers about H2

### Who invested in H2?

H2's investors include JAFCO, New Enterprise Associates, MetaProp Ventures and Spiral Capital.

### How much has H2 raised?

H2 has raised $2.1M across 2 rounds since 2024. One round did not disclose an amount, so the total is a floor.

### When did H2 last raise?

H2's most recent round was a Venture in Dec 2025.

### What was H2's biggest round?

H2's largest round on record is $2.1M (Seed), in Aug 2024.

### Who backed H2 first?

H2's first round on record, in Aug 2024, was backed by JAFCO, MetaProp Ventures and Spiral Capital.

### What stage is H2 at?

H2's latest named round is a Venture, in Dec 2025.

### Where is H2 based?

H2 is based in Japan.

## Companies like H2

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

[**Kaminashi** $14M · Oct 2026](https://millionrounds.com/company/kaminashi)[**Mujin, Inc.** $224M · Oct 2026](https://millionrounds.com/company/mujin-inc)[**Flyle** $13M · Oct 2026](https://millionrounds.com/company/flyle)[**Farmnote** $12M · Oct 2026](https://millionrounds.com/company/farmnote)[**PeopleX** $39M · Sept 2026](https://millionrounds.com/company/peoplex)[**AIONA** $1.2M · Sept 2026](https://millionrounds.com/company/aiona)

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