# mx51 funding: rounds and investors

> mx51 has raised $33M across 1 round since 2022. Investors include Cultivation Capital, SixThirty and MasterCard. Every round with its source.

Source: https://millionrounds.com/company/mx51 (Millionrounds; every figure on the page links to its filing or article)

Australia · [Series B startup](https://millionrounds.com/companies)

# Who invested in *mx51*

One round we have observed, with the 3 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Financial Services

Funding summary Updated 26 Oct 2026

**$33M** raised across 1 round since 2022, from 1 source

- **Latest round:** Series B, $33M Jul 2022
- **Investors:** 3

See who backed them

## The rounds

- **Jul 2022** Series B **$33M** [Cultivation Capital](https://millionrounds.com/fund/cultivation-capital) [SixThirty](https://millionrounds.com/fund/sixthirty) [MasterCard](https://millionrounds.com/fund/mastercard) Source recorded

## Founders and team

From mx51's own website: 2 founders, 1 on the team.

**Victor Zheng** Chief Executive Officer and Co-Founder

**Magnus Hsu** Chief Operating Officer and Co-Founder

- **Varghese Mathew** Chief Customer Officer

## Everyone who backed them

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

[SixThirty](https://millionrounds.com/fund/sixthirty) Accelerator **1** round

[MasterCard](https://millionrounds.com/fund/mastercard) Corporate VC **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=mx51).

## Also claim to have backed them

This firm lists mx51 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.

[Reinventure](https://millionrounds.com/fund/reinventure) VC firm Per its own site

## Quick answers about mx51

### Who invested in mx51?

mx51's investors include Cultivation Capital, SixThirty and MasterCard.

### How much has mx51 raised?

mx51 has raised $33M across 1 round since 2022.

### When did mx51 last raise?

mx51's most recent round was a Series B of $33M in Jul 2022.

### What was mx51's biggest round?

Its most recent round, $33M in Jul 2022, is also its largest on record.

### Who backed mx51 first?

mx51's first round on record, in Jul 2022, was backed by Cultivation Capital, SixThirty and MasterCard.

### What stage is mx51 at?

mx51's latest named round is a Series B, in Jul 2022.

### Where is mx51 based?

mx51 is based in Australia.

## Companies like mx51

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

[**Hysata** $146M · Sept 2026](https://millionrounds.com/company/hysata)[**Hello Clever** $1.6M · Sept 2026](https://millionrounds.com/company/hello-clever)[**Superhero** $25M · Aug 2026](https://millionrounds.com/company/superhero)[**EarlyBird** $6.7M · Jul 2026](https://millionrounds.com/company/earlybird)[**Earlytrade** $16M · Jun 2026](https://millionrounds.com/company/earlytrade)[**Grapple** $1.0M · Apr 2026](https://millionrounds.com/company/grapple)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app