# Honda: portfolio, investments and team

> Honda is an investment firm based in Pakistan. 5 investments on record, 1 in the last 12 months, latest Feb 2026. Portfolio, stages, co-investors and team.

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

Pakistan · [Investor](https://millionrounds.com/investors)

# Honda

Last cheque observed Feb 2026; 5 cheques on record.

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Investment firm Deploying now

Seed Series C

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Deploying now

**100%** of best year **1** **cheques in 12 months**, 5 on record

Since the last cheque **250** days **00** hrs **00** min **00** sec

Median round **$23M** Rounds led **1 of 5** Mostly in **Germany, 40%**

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## Honda highlights

- 01 1 cheques in the last 12 months
- 02 Mostly Seed and Series C: 100% of its rounds
- 03 Led 1 rounds

## What they do

- **Type:** Investment firm (from a list, unverified)
- **Cheque size:** Not stated
- **Based in:** Lahore, Pakistan
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **5 appearances**

- **2026** 1 round
- **Feb** **[Rapidus](https://millionrounds.com/company/rapidus)** JP · Ventureburn **$1.7B** With 11 others
- **2024** 1 round
- **Nov** **[Tozero](https://millionrounds.com/company/tozero)** Seed · DE · NordicNinja (JB Nordic Fund I) **$12M** With 9 others
- **2019** 3 rounds
- **May** **[Moixa](https://millionrounds.com/company/moixa)** GB · Pv-magazine **$11M** *Led*
- **May** **[Cruise](https://millionrounds.com/company/cruise)** US · FinSMEs **$1.1B** With 3 others
- **Mar** **[ubitricity](https://millionrounds.com/company/ubitricity)** Series C · DE · EU-Startups **$23M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The cheque

Seed Series C

Median round joined **$23M** the round, not its cheque

Led 1 of 5 rounds **20%**

- **Sole investor:** Never alone
- **Last cheque:** Feb 2026

Rounds by stage said on their site

- Seed *1*
- Series C *1*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies Honda put money into.

[**Rapidus** $1.7B · Feb 2026](https://millionrounds.com/company/rapidus)[**Tozero** $12M · Nov 2024](https://millionrounds.com/company/tozero)[**Cruise** $1.1B · May 2019](https://millionrounds.com/company/cruise)[**ubitricity** $23M · Mar 2019](https://millionrounds.com/company/ubitricity)

## Quick answers about Honda

### What does Honda invest in?

Honda invests most often at Seed and Series C (100% of the rounds on record).

### How active is Honda?

5 investments on record, 1 of them in the last 12 months, and it led 1. The most recent was in Feb 2026.

### What has Honda invested in recently?

Its most recent investments on record: Rapidus (Feb 2026), Tozero (Seed, Nov 2024) and Moixa (Undisclosed round, May 2019).

### How big are Honda's cheques?

The median round it joins is $23M.

### Does Honda lead rounds?

Yes: it led 1 of its 5 investments on record (20%).

### Where does Honda invest?

Most of the companies it backs are in Germany (40%), Japan (20%) and the United Kingdom (20%).

### Is Honda investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

### What kind of investor is Honda?

Honda is an investment firm based in Lahore, Pakistan.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=honda) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=honda)