Who invested in PowerX

2 rounds we have observed, with the 8 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.

Funding summaryUpdated 26 Oct 2026

$25Mraised across 2 rounds since 2023, from 2 sources

$4.0MSeed$21MSeries C

Latest round: Series C, $21MMar 2025
Step-upi: 5.3×
Investors: 8

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.

20242025

$4.0MSeed$21MSeries C

First round: Seed, $4.0M
Biggest round: $21M
Between rounds: 22 months

The rounds

Mar 2025
Series C$21M4 new
Source recorded
May 2023
Seed$4.0M4 new
Source recorded

Founders and team

From PowerX's own website: 12 on the team.

Corporate GovernanceDirector, President & CEO
Deepak RautEngineering and Research Executive Officer & CTO
Yusuke KojimaEngineering and Research Executive Officer & CTO
Caesar SenguptaExternal Director
Hideyuki OnishiCorporate Officer
Hiroyuki YoshiharaEV Charging Business Executive Officer
Kohei MoriiPower Business Executive Officer
Mark TercekExternal Director
Masahiro ItoChairman of the Board
Mitsugu SerizawaExternal Director
Tatsuya SakumaExecutive Officer
Toshiyuki FujitaBESS Business Executive Officer

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.

Seed2023Series C2025

Mizuho CapitalMUFG Bank

Spiral Capital

Shoko Chukin Bank

Everyone who backed them

Y CombinatorAccelerator1round

AntlerVC firm1round

Liquid 2 VenturesVC firm1round

Pioneer FundPrivate equity1round

Mizuho CapitalVC firm1round

MUFG BankInvestment firm1round

Spiral CapitalVC firm1round

Shoko Chukin BankVC firm1round

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

Quick answers about PowerX