Japan · Venture startup

Who invested in MugenUp

3 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.

Advanced Manufacturing

Funding summaryUpdated 26 Oct 2026

$1.3Mraised across 3 rounds since 2011, from 3 sources

Latest round
VentureMay 2016
Biggest round
$1.3MSeries B · Aug 2013
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.

20122013201420152016
?Seed$1.3MSeries B?Venture
First round
Seed
Dec 2011
Biggest round
$1.3M
Series B · Aug 2013
Usual gap between rounds
2.7 years
the median of 2

The rounds

  1. May 2016
    VentureAmount undisclosed2 new1 returning

    Also list them on their own siteTBS Innovation Par...

    Source recorded

  2. Aug 2013
    Series B$1.3M1 new

    Reported by startup-dating.com

  3. Dec 2011
    SeedAmount undisclosed1 new

    From a historical funding record

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.

Everyone who backed them

Incubate FundVC firm2rounds
SMBC Venture CapitalInvestment bank1round
Nissay CapitalVC firm1round

Missing a round, or an investor who was in one? Tell us.

Also claim to have backed them

This firm lists MugenUp 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.

TBS Innovation Par...VC firm2016, per its site

Quick answers about MugenUp

Who invested in MugenUp?

MugenUp's investors include Incubate Fund, SMBC Venture Capital, Nissay Capital and SMBC Venture Capital.

How much has MugenUp raised?

MugenUp has raised $1.3M across 3 rounds since 2011. 2 rounds did not disclose an amount, so the total is a floor.

When did MugenUp last raise?

MugenUp's most recent round was a Venture in May 2016.

What was MugenUp's biggest round?

MugenUp's largest round on record is $1.3M (Series B), in Aug 2013.

Who backed MugenUp first?

MugenUp's first round on record, in Dec 2011, was backed by Incubate Fund.

What stage is MugenUp at?

MugenUp's latest named round is a Venture, in May 2016.

Where is MugenUp based?

MugenUp is based in Japan.

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