# MidOcean Energy funding: rounds and investors

> MidOcean Energy has raised $5.4B across 3 rounds since 2026. Investors include Mitsubishi Corporation, Idemitsu Kosan and The Arab Energy Fund.

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

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *MidOcean Energy*

3 rounds we have observed, with the 7 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.

Asset Management Energy

Raised 1 month ago

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Funding summary Updated 5 Nov 2026

**$5.4B** raised across 3 rounds since 2026, from 3 sources

**$1.3B** Venture **$120M** Growth **$4.0B** Round

- **Latest round:** Round, $4.0B Oct 2026
- **Step-up i:** 33.3×
- **Investors:** 7

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.

2027

**$1.3B** Venture

**$120M** Growth

**$4.0B** Round

- **First round:** Venture, $1.3B
- **Biggest round:** $4.0B
- **Usual gap between rounds:** 5 months

## The rounds

- **Oct 2026** Round **$4.0B** *5 new* [Idemitsu Kosan](https://millionrounds.com/fund/idemitsu-kosan) [The Arab Energy Fund](https://millionrounds.com/fund/the-arab-energy-fund-taef) [NYK Line](https://millionrounds.com/fund/nyk-line) [Private Department of Sheikh Mohammed bin Khalid Al Nahyan](https://millionrounds.com/fund/private-department-of-sheikh-mohammed-bin-khalid-al-nahyan) [Shizuoka Gas](https://millionrounds.com/fund/shizuoka-gas) Reported by Google News search
- **May 2026** Growth **$120M** *1 new* *1 returning* [Mitsubishi Corporation](https://millionrounds.com/fund/mitsubishi-corporation) [Arab Energy Fund](https://millionrounds.com/fund/arab-energy-fund) Reported by Ventureburn
- **Mar 2026** Venture **$1.3B** *1 new* [Mitsubishi Corporation](https://millionrounds.com/fund/mitsubishi-corporation) Source recorded

## Founders and team

From MidOcean Energy's own website: 23 on the team.

- **Eric Bensaude** Senior Vice President Business Development
- **João Maio** Senior Vice President
- **Julian Mears** Senior Vice President
- **Martin Cocco** Senior Vice President
- **Yujiro Oba** Senior Vice President
- **Armand Lumens** Chief Financial Officer
- **Beth Litton** Managing Director & Chief Human Resources Officer
- **Roger Fritz** Chief Financial Officer, Americas
- **Terence Jupp** Chief Operating Officer
- **Tereza Apostol** General Counsel & Chief Compliance Officer
- **Vahid Farzad** Chief Business Development Officer
- **Benjamin Lee** Head of MidOcean Energy Australia
- **Jason Klein** Head of North America
- **Kath Morton** Head of Corporate Accounting
- **Tracy Lothian** Head of Asia Pacific and Global Low Carbon
- **Calvin Lee** Associate
- **David Edgar** Managing Director
- **Eric Corcoran** Associate

And 5 more on the team.

Advisers *Filip Kuraica* *Linda Cook*

## 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** 2026 **Growth** 2026 **Round** 2026 [Mitsubishi Corporation](https://millionrounds.com/fund/mitsubishi-corporation) [Idemitsu Kosan](https://millionrounds.com/fund/idemitsu-kosan) [The Arab Energy Fund](https://millionrounds.com/fund/the-arab-energy-fund-taef) [Arab Energy Fund](https://millionrounds.com/fund/arab-energy-fund) [NYK Line](https://millionrounds.com/fund/nyk-line) [Private Department of Sheikh Mohammed bin Khalid Al Nahyan](https://millionrounds.com/fund/private-department-of-sheikh-mohammed-bin-khalid-al-nahyan) [Shizuoka Gas](https://millionrounds.com/fund/shizuoka-gas)

## Everyone who backed them

[Mitsubishi Corporation](https://millionrounds.com/fund/mitsubishi-corporation) VC firm **2** rounds

[Idemitsu Kosan](https://millionrounds.com/fund/idemitsu-kosan) Growth equity **1** round

[The Arab Energy Fund](https://millionrounds.com/fund/the-arab-energy-fund-taef) VC firm **1** round

[Arab Energy Fund](https://millionrounds.com/fund/arab-energy-fund) Growth equity **1** round

[NYK Line](https://millionrounds.com/fund/nyk-line) Investment firm **1** round

[Private Department of Sheikh Mohammed bin Khalid Al Nahyan](https://millionrounds.com/fund/private-department-of-sheikh-mohammed-bin-khalid-al-nahyan) Investment firm **1** round

[Shizuoka Gas](https://millionrounds.com/fund/shizuoka-gas) Investment firm **1** round

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

## Quick answers about MidOcean Energy

### Who invested in MidOcean Energy?

MidOcean Energy's investors include Mitsubishi Corporation, Idemitsu Kosan, The Arab Energy Fund, Arab Energy Fund and NYK Line, and 2 more on record.

### How much has MidOcean Energy raised?

MidOcean Energy has raised $5.4B across 3 rounds since 2026.

### When did MidOcean Energy last raise?

MidOcean Energy's most recent round was an Undisclosed round of $4.0B in Oct 2026.

### What was MidOcean Energy's biggest round?

Its most recent round, $4.0B in Oct 2026, is also its largest on record.

### Who backed MidOcean Energy first?

MidOcean Energy's first round on record, in Mar 2026, was backed by Mitsubishi Corporation.

### What stage is MidOcean Energy at?

MidOcean Energy's latest named round is an Undisclosed round, in Oct 2026.

### Where is MidOcean Energy based?

MidOcean Energy is based in the United States.

## Companies like MidOcean Energy

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

[**Group14 Technologies** $632M · Oct 2026](https://millionrounds.com/company/group14-technologies)[**Mammoth Energy Services** $58M · Oct 2026](https://millionrounds.com/company/mammoth-energy-services)[**Emvolon** $22M · Oct 2026](https://millionrounds.com/company/emvolon)[**Nevis** $105M · Oct 2026](https://millionrounds.com/company/nevis)[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)

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