# VPP Japan funding: rounds and investors

> VPP Japan has raised $93M across 1 round since 2020. Investors include Mizuho Corporate Bank and Shoko Chukin Bank. Every round with its source.

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

[Venture startup](https://millionrounds.com/companies)

# Who invested in *VPP Japan*

One round we have observed, with the 2 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.

Energy

Funding summary Updated 26 Oct 2026

**$93M** raised across 1 round since 2020, from 1 source

- **Latest round:** Venture, $93M Mar 2020
- **Investors:** 2

See who backed them

## The rounds

- **Mar 2020** Venture **$93M** [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) [Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank) Source recorded

## Everyone who backed them

[Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) VC firm **1** round

[Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank) VC firm **1** round

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

## Also claim to have backed them

This firm lists VPP Japan 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.

[Energy & Environment Investment](https://millionrounds.com/fund/energy-and-environment-investment) VC firm 2024, per its site

## Quick answers about VPP Japan

### Who invested in VPP Japan?

VPP Japan's investors include Mizuho Corporate Bank and Shoko Chukin Bank.

### How much has VPP Japan raised?

VPP Japan has raised $93M across 1 round since 2020.

### When did VPP Japan last raise?

VPP Japan's most recent round was a Venture of $93M in Mar 2020.

### What was VPP Japan's biggest round?

Its most recent round, $93M in Mar 2020, is also its largest on record.

### Who backed VPP Japan first?

VPP Japan's first round on record, in Mar 2020, was backed by Mizuho Corporate Bank and Shoko Chukin Bank.

### What stage is VPP Japan at?

VPP Japan's latest named round is a Venture, in Mar 2020.

## Companies like VPP Japan

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

[**os.energy** $1.2M · Aug 2026](https://millionrounds.com/company/os-energy)[**CleanMax** $165M · Feb 2026](https://millionrounds.com/company/cleanmax)[**Radiance Renewables** $100M · Feb 2026](https://millionrounds.com/company/radiance-renewables)[**Turno** $4.7M · Feb 2026](https://millionrounds.com/company/turno)[**e-TRNL Energy** $3.0M · Feb 2026](https://millionrounds.com/company/e-trnl-energy)[**PolyCycl** $2.9M · Jan 2026](https://millionrounds.com/company/polycycl)

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