# M2X funding: rounds and investors

> M2X has raised $2.1M across 2 rounds since 2024. Investors include DCM Ventures and Callaghan Innovation. Every round with its source.

Source: https://millionrounds.com/company/m2x (Millionrounds; every figure on the page links to its filing or article)

New Zealand · [Series A startup](https://millionrounds.com/companies)

# Who invested in *M2X*

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.

Logistics

Funding summary Updated 26 Oct 2026

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

**$47K** Grant **$2.1M** Series A

- **Latest round:** Series A, $2.1M Sept 2024
- **Step-up i:** 44.7×
- **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.

2025

**$47K** Grant

**$2.1M** Series A

- **First round:** Grant, $47K
- **Biggest round:** $2.1M
- **Between rounds:** 2 months

## The rounds

- **Sept 2024** Series A **$2.1M** *1 new* [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Source recorded
- **Jul 2024** Grant **$47K** *1 new* [Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation) 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.

**Grant** 2024 **Series A** 2024 [DCM Ventures](https://millionrounds.com/fund/dcm-ventures) [Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation)

## Everyone who backed them

[DCM Ventures](https://millionrounds.com/fund/dcm-ventures) Private equity **1** round

[Callaghan Innovation](https://millionrounds.com/fund/callaghan-innovation) Investment firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=m2x).

## Quick answers about M2X

### Who invested in M2X?

M2X's investors include DCM Ventures and Callaghan Innovation.

### How much has M2X raised?

M2X has raised $2.1M across 2 rounds since 2024.

### When did M2X last raise?

M2X's most recent round was a Series A of $2.1M in Sept 2024.

### What was M2X's biggest round?

Its most recent round, $2.1M in Sept 2024, is also its largest on record.

### Who backed M2X first?

M2X's first round on record, in Jul 2024, was backed by Callaghan Innovation.

### What stage is M2X at?

M2X's latest named round is a Series A, in Sept 2024.

### Where is M2X based?

M2X is based in New Zealand.

## Companies like M2X

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

[**Vessev** $23M · Aug 2026](https://millionrounds.com/company/vessev)[**Starboard Maritime Intelligence** $14M · Sept 2025](https://millionrounds.com/company/starboard-maritime-intelligence)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**Remolonas** $35K · Oct 2026](https://millionrounds.com/company/remolonas)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Austal** $245M · Oct 2026](https://millionrounds.com/company/austal)

## Find investors like these

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