# Industrial-X funding: rounds and investors

> Industrial-X has raised $14M across 2 rounds since 2024. Investors include Shizuoka Capital. Every round with its source.

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

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

# Who invested in *Industrial-X*

2 rounds we have observed, with the one investor 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 6 months ago

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2024, from 2 sources

**$4.6M** Series B **$8.9M** Series C

- **Latest round:** Series C, $8.9M May 2026
- **Step-up i:** 1.9×
- **Investors:** 1

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 2026

**$4.6M** Series B

**$8.9M** Series C

- **First round:** Series B, $4.6M
- **Biggest round:** $8.9M
- **Between rounds:** 2.1 years

## The rounds

- **May 2026** Series C **$8.9M** *1 returning* [Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital) Source recorded
- **Apr 2024** Series B **$4.6M** *1 new* [Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital) Source recorded

## Everyone who backed them

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

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

## Also claim to have backed them

This firm lists Industrial-X 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.

[Hiroshima Venture Capital](https://millionrounds.com/fund/hiroshima-venture-capital) VC firm Per its own site

## Quick answers about Industrial-X

### Who invested in Industrial-X?

Industrial-X's investors include Shizuoka Capital.

### How much has Industrial-X raised?

Industrial-X has raised $14M across 2 rounds since 2024.

### When did Industrial-X last raise?

Industrial-X's most recent round was a Series C of $8.9M in May 2026.

### What was Industrial-X's biggest round?

Its most recent round, $8.9M in May 2026, is also its largest on record.

### Who backed Industrial-X first?

Industrial-X's first round on record, in Apr 2024, was backed by Shizuoka Capital.

### What stage is Industrial-X at?

Industrial-X's latest named round is a Series C, in May 2026.

### Where is Industrial-X based?

Industrial-X is based in Japan.

## Companies like Industrial-X

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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