# Kaminashi funding: rounds and investors

> Kaminashi has raised $14M across 2 rounds since 2023. Investors include Incubate Fund, IF Growth 1 and BEENEXT. Every round with its source.

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

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

# Who invested in *Kaminashi*

2 rounds we have observed, with the 13 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 IT Services SaaS

Raised this month

Funding summary Updated 26 Oct 2026

**$14M** raised across 2 rounds since 2023, from 4 sources

- **Latest round:** Series C, $14M Oct 2026
- **Led by:** Incubate Fund and IF Growth 1
- **Investors:** 13 (2 led)

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.

2023 2024 2025 2026

**?** Venture

**$14M** Series C

- **First round:** Venture
- **Biggest round:** $14M
- **Between rounds:** 3.7 years

## The rounds

- **Oct 2026** Series C **$14M** *11 new* [Incubate Fund](https://millionrounds.com/fund/incubate-fund) Lead [IF Growth 1](https://millionrounds.com/fund/if-growth-1) Lead [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) [NTT](https://millionrounds.com/fund/ntt) [Artemis Ventures](https://millionrounds.com/fund/artemis-ventures) [Chiba Dojo Fund](https://millionrounds.com/fund/chiba-dojo-fund) [Dai-ichi Life Insurance](https://millionrounds.com/fund/dai-ichi-life-insurance) [KRAFTIA Innovation Fund](https://millionrounds.com/fund/kraftia-innovation-fund) [Keio Rail Fund](https://millionrounds.com/fund/keio-rail-fund) [T&D Innovation Fund](https://millionrounds.com/fund/t-and-d-innovation-fund) [YMFG](https://millionrounds.com/fund/ymfg) Reported by Google News search and 2 others
- **Mar 2023** Venture **Amount undisclosed** *2 new* [BEENEXT](https://millionrounds.com/fund/beenext) [Coral Capital](https://millionrounds.com/fund/coral-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.

**Venture** 2023 **Series C** 2026 [Incubate Fund](https://millionrounds.com/fund/incubate-fund) L [IF Growth 1](https://millionrounds.com/fund/if-growth-1) L [BEENEXT](https://millionrounds.com/fund/beenext) [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) [Coral Capital](https://millionrounds.com/fund/coral-capital) [NTT](https://millionrounds.com/fund/ntt) [Artemis Ventures](https://millionrounds.com/fund/artemis-ventures) [Chiba Dojo Fund](https://millionrounds.com/fund/chiba-dojo-fund) [Dai-ichi Life Insurance](https://millionrounds.com/fund/dai-ichi-life-insurance) [Keio Rail Fund](https://millionrounds.com/fund/keio-rail-fund)

## Everyone who backed them

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

[IF Growth 1](https://millionrounds.com/fund/if-growth-1) Growth equity **1** round, led 1

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

[NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures) Accelerator **1** round

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

[NTT](https://millionrounds.com/fund/ntt) Growth equity **1** round

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

[Chiba Dojo Fund](https://millionrounds.com/fund/chiba-dojo-fund) Growth equity **1** round

[Dai-ichi Life Insurance](https://millionrounds.com/fund/dai-ichi-life-insurance) Growth equity **1** round

[Keio Rail Fund](https://millionrounds.com/fund/keio-rail-fund) Growth equity **1** round

[KRAFTIA Innovation Fund](https://millionrounds.com/fund/kraftia-innovation-fund) Growth equity **1** round

[T&D Innovation Fund](https://millionrounds.com/fund/t-and-d-innovation-fund) Growth equity **1** round

[YMFG](https://millionrounds.com/fund/ymfg) Growth equity **1** round

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

## Quick answers about Kaminashi

### Who invested in Kaminashi?

Kaminashi's investors include Incubate Fund, IF Growth 1, BEENEXT, NTT DOCOMO Ventures and Coral Capital, and 8 more on record. Incubate Fund led its latest round.

### How much has Kaminashi raised?

Kaminashi has raised $14M across 2 rounds since 2023. One round did not disclose an amount, so the total is a floor.

### When did Kaminashi last raise?

Kaminashi's most recent round was a Series C of $14M in Oct 2026, led by Incubate Fund.

### What was Kaminashi's biggest round?

Its most recent round, $14M in Oct 2026, is also its largest on record.

### Who backed Kaminashi first?

Kaminashi's first round on record, in Mar 2023, was backed by BEENEXT and Coral Capital.

### What stage is Kaminashi at?

Kaminashi's latest named round is a Series C, in Oct 2026.

### Where is Kaminashi based?

Kaminashi is based in Japan.

### Who led Kaminashi's rounds?

Incubate Fund led the Series C in 2026.

## Companies like Kaminashi

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

[**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)[**Aitane** $196K · Sept 2026](https://millionrounds.com/company/aitane)[**AIONA** $1.2M · Sept 2026](https://millionrounds.com/company/aiona)

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