# Terra Motors funding: rounds and investors > Terra Motors has raised $159M across 3 rounds since 2014. Investors include SMBC Venture Capital, Mizuho Capital and Mizuho Corporate Bank. Source: https://millionrounds.com/company/terra-motors (Millionrounds; every figure on the page links to its filing or article) Japan · [Series D startup](https://millionrounds.com/companies) # Who invested in *Terra Motors* 3 rounds we have observed, with the 10 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. Automotive & EVs Manufacturing Funding summary Updated 26 Oct 2026 **$159M** raised across 3 rounds since 2014, from 3 sources **$10M** Venture **$10M** Series B **$139M** Series D - **Latest round:** Series D, $139M Aug 2025 - **Step-up i:** 13.8× - **Investors:** 10 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. 2014 2016 2018 2020 2022 2024 **$10M** Venture **$10M** Series B **$139M** Series D - **First round:** Venture, $10M - **Biggest round:** $139M - **Usual gap between rounds:** 7.3 years ## The rounds - **Aug 2025** Series D **$139M** *2 new* *2 returning* [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) Source recorded - **Mar 2018** Series B **$10M** *3 new* [Minato Ventures](https://millionrounds.com/fund/minato-ventures) Fenox Venture Capital/ Chiba Yamaguchi Reported by e27 - **May 2014** Venture **$10M** *5 new* [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) [Shinsei Bank](https://millionrounds.com/fund/shinsei-bank) [Aizawa Securities](https://millionrounds.com/fund/aizawa-securities) 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. **Venture** 2014 **Series B** 2018 **Series D** 2025 [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) [Shinsei Bank](https://millionrounds.com/fund/shinsei-bank) [Aizawa Securities](https://millionrounds.com/fund/aizawa-securities) [Minato Ventures](https://millionrounds.com/fund/minato-ventures) Fenox Venture Capital/ Chiba Yamaguchi ## Everyone who backed them [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank **2** rounds [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) VC firm **2** rounds [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) VC firm **1** round [Fenox Venture Capital](https://millionrounds.com/fund/fenox-venture-capital) VC firm **1** round [Pegasus Tech Ventures](https://millionrounds.com/fund/pegasus-tech-ventures) VC firm **1** round [Shinsei Bank](https://millionrounds.com/fund/shinsei-bank) Investment firm **1** round [Aizawa Securities](https://millionrounds.com/fund/aizawa-securities) Investment firm **1** round [Minato Ventures](https://millionrounds.com/fund/minato-ventures) VC firm **1** round Fenox Venture Capital/ Chiba no record of our own yet **1** round Yamaguchi no record of our own yet **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=terra-motors). ## Quick answers about Terra Motors ### Who invested in Terra Motors? Terra Motors's investors include SMBC Venture Capital, Mizuho Capital, Mizuho Corporate Bank, Fenox Venture Capital and Pegasus Tech Ventures, and 5 more on record. ### How much has Terra Motors raised? Terra Motors has raised $159M across 3 rounds since 2014. ### When did Terra Motors last raise? Terra Motors's most recent round was a Series D of $139M in Aug 2025. ### What was Terra Motors's biggest round? Its most recent round, $139M in Aug 2025, is also its largest on record. ### Who backed Terra Motors first? Terra Motors's first round on record, in May 2014, was backed by SMBC Venture Capital, Mizuho Capital and Fenox Venture Capital and 2 others. ### What stage is Terra Motors at? Terra Motors's latest named round is a Series D, in Aug 2025. ### Where is Terra Motors based? Terra Motors is based in Japan. ## Companies like Terra Motors In the same sector, and raised in the last eighteen months. [**Esa** $7.3M · Oct 2026](https://millionrounds.com/company/esa)[**Mujin, Inc.** $224M · Oct 2026](https://millionrounds.com/company/mujin-inc)[**KG Motors** $5.3M · Sept 2026](https://millionrounds.com/company/kg-motors)[**emade** $393K · Sept 2026](https://millionrounds.com/company/emade)[**RoboTruck** $34M · Jul 2026](https://millionrounds.com/company/robotruck)[**Rapidus** $2.6B · Jun 2026](https://millionrounds.com/company/rapidus) ## 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