# NEL funding: rounds and investors

> NEL has raised $4.2M across 1 round since 2024. Investors include Mitsubishi UFJ Capital, SMBC Venture Capital and IVC. Every round with its source.

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

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

# Who invested in *NEL*

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.

Martech

Funding summary Updated 26 Oct 2026

**$4.2M** raised across 1 round since 2024, from 1 source

- **Latest round:** Series B, $4.2M Nov 2024
- **Investors:** 3

See who backed them

## The rounds

- **Nov 2024** Series B **$4.2M** [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [IVC](https://millionrounds.com/fund/ivc) Source recorded

## Everyone who backed them

[Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm **1** round

[SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank **1** round

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

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

## Quick answers about NEL

### Who invested in NEL?

NEL's investors include Mitsubishi UFJ Capital, SMBC Venture Capital and IVC.

### How much has NEL raised?

NEL has raised $4.2M across 1 round since 2024.

### When did NEL last raise?

NEL's most recent round was a Series B of $4.2M in Nov 2024.

### What was NEL's biggest round?

Its most recent round, $4.2M in Nov 2024, is also its largest on record.

### Who backed NEL first?

NEL's first round on record, in Nov 2024, was backed by Mitsubishi UFJ Capital, SMBC Venture Capital and IVC.

### What stage is NEL at?

NEL's latest named round is a Series B, in Nov 2024.

### Where is NEL based?

NEL is based in Japan.

## Companies like NEL

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

[**iYell** $8.4M · Jul 2026](https://millionrounds.com/company/iyell)[**Buddy Compass** $924K · Jul 2026](https://millionrounds.com/company/buddy-compass)[**Lipronext** $755K · Apr 2026](https://millionrounds.com/company/lipronext)[**Ultra Social** $7.6M · Oct 2025](https://millionrounds.com/company/ultra-social)[**SDio** $1.0M · Oct 2025](https://millionrounds.com/company/sdio)[**Cashbanx** $4.1M · Oct 2026](https://millionrounds.com/company/cashbanx)

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