Japan · Who invested in S-Mat?
S-Mat's investors include Google for Startups, MUFG Bank, Sumitomo Mitsui Banking Corporation and Monozukuri Ventures.
2026
$2.7MSeries C$36MSeries C
Japan · Series C startup
Who invested in S-Mat
Funding summaryUpdated 26 Oct 2026
$39Mraised across 2 rounds since 2025, from 2 sources
$2.7MSeries C$36MSeries C
- Latest round
- Series C, $36MJun 2025
- Step-upi
- 13.3×
- Investors
- 4
The funding story
Each circle is a round, placed by date and sized by amount. The line above is the running total.
- First round
- Series C, $2.7M Apr 2025
- Biggest round
- $36M Series C · Jun 2025
- Between rounds
- 2 months from the last two
The rounds
- Jun 2025Series C$36M3 returning
Source recorded
- Apr 2025Series C$2.7M4 new
Source recorded
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.
Series C2025Series C2025Google for StartupsMUFG Bank
Sumitomo Mitsui Banking Corporation
Monozukuri Ventures
Sumitomo Mitsui Banking CorporationMonozukuri VenturesEveryone who backed them
Google for StartupsAccelerator2rounds
MUFG BankInvestment firm2rounds
Missing a round, or an investor who was in one? Tell us.
Quick answers about S-Mat
How much has S-Mat raised?
S-Mat has raised $39M across 2 rounds since 2025.
When did S-Mat last raise?
S-Mat's most recent round was a Series C of $36M in Jun 2025.
What was S-Mat's biggest round?
Its most recent round, $36M in Jun 2025, is also its largest on record.
Who backed S-Mat first?
S-Mat's first round on record, in Apr 2025, was backed by Google for Startups, MUFG Bank and Sumitomo Mitsui Banking Corporation and 1 others.
What stage is S-Mat at?
S-Mat's latest named round is a Series C, in Jun 2025.
Where is S-Mat based?
S-Mat is based in Japan.
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