About Honda Xcelerator Ventures
Honda Xcelerator Ventures is a venture capital firm founded in 2015. It is primarily based out of Mountain View, United States. As of Aug 2026, Honda Xcelerator Ventures is an active investor, having invested in 17 companies, with 1 new investment in the last 12 months. It primarily invests in Series B round in United States based startups. Its investments are spread across a wide range of sectors from High Tech to Auto Tech and Enterprise Applications. Most recently it participated in the $***** Series C round of Nexeon Overall, Honda Xcelerator Ventures portfolio has seen 3 IPOs and 3 acquisitions including key companies like Grab, SoundHound and SES Technologies. A lot of funds co-invest with Honda Xcelerator Ventures, with names like SoftBank Group sharing a substantial percentage of its portfolio. Honda Xcelerator Ventures has team of 14 people including 5 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A, Series B & 3 more
Portfolio IPOs
Portfolio Acquisitions
Deals in last 12 months
Honda Xcelerator Ventures' List of Top Investments
Honda Xcelerator Ventures has a portfolio of 17 companies. Their most notable investments are in INERATEC and SiLC Technologies.Their portfolio spans across United States, Germany, Israel and 3 more locations. They have invested in High Tech, Auto Tech, Enterprise Applications and 12 other sectors, across stages such as Series A, Series B and 3 more. Here is the list of top investments by Honda Xcelerator Ventures:1. Grab
Operator of a platform providing ride-hailing, food delivery, and payment services. The platform offers options for transportation, on-demand delivery, and various financial solutions. It facilitates connections between consumers, drivers, and merchants. The platform also provides tools and resources for business and enterprise clients.
Key facts about Grab
- Founded Year: 2012
- Location: Singapore (Singapore)
- Annual Revenue: SGD 1B+ as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $10.4B
- Employee Count: 57,733 as on Jul 31, 2026
- Investors: Glean Management, Toyota and 108 Others
- Latest Funding Round: Post IPO, Jul 27, 2021, $*****
- Highlight: Public
2. SoundHound
Provider of cloud and AI-based sound recognition solutions for multiple applications. It is a mobile application for consumers to search and discover music via voice control. The engine is based on its proprietary technologies speech-to-meaning and deep meaning understanding, it allow users to ask multiple questions and filter results. Features include natural language understanding, speech recognition, audio and music identification, multi-lingual text-to-speech, and more. It offers applications for iOS and Android users.
Key facts about SoundHound
- Founded Year: 2005
- Location: Santa Clara (United States)
- Annual Revenue: $100M - $500M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $191M
- Employee Count: 780 as on Sep 30, 2026
- Investors: Walden Venture Capital, Global Catalyst Partners and 27 Others
- Latest Funding Round: Post IPO, Feb 22, 2024, $*****
- Highlight: Public
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Developer of Li-Metal batteries and AI-powered battery management solutions. The company focuses on electric transportation applications, including electric vehicles, urban air mobility, and drones. It offers hardware products and software solutions for battery material discovery and safety. The company's technology aims to improve battery performance and predict battery health.
Key facts about SES Technologies
- Founded Year: 2012
- Location: Woburn (United States)
- Annual Revenue: $10M - $50M as on Dec 31, 2025
- Stage: Public
- Total Funding till date: $336M
- Employee Count: 169 as on Aug 31, 2026
- Investors: Vertex Holdings, Temasek and 16 Others
- Latest Funding Round: Grant (prize money), Feb 08, 2023, $*****
- Highlight: Public
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Provider of 4D vision sensing solutions. Its product utilizes frequency modulated continuous wave technology to serve the consumer, industrial, robotics and security applications. Its sensing solution uses coherent light detection technology enabling low power operation and simultaneous measurement of instantaneous velocity. It caters to telecom and data-center applications with a primary application in range-extended eye-safe integrated LiDAR applications.
Key facts about SiLC Technologies
- Founded Year: 2018
- Location: Monrovia (United States)
- Stage: Series B
- Total Funding till date: $78.6M
- Employee Count: 87 as on Sep 30, 2026
- Investors: Dell Technologies Capital, Honda Xcelerator Ventures and 16 Others
- Latest Funding Round: Series B, Sep 10, 2024, $*****
- Highlight: Editors' Pick
5. INERATEC
Provider of chemical reactor technology to converts gases into liquid fuels. It develops multiple conversion processes, such as gas-to-liquid technology that can convert associated natural gas, flared gas, and renewable gas into synthetic hydrocarbons and fuels, power-to-gas technology that can convert hydrocarbon and carbon dioxide into synthetic natural gas, and power-to-liquid technology that converts renewable electricity and carbon dioxide into liquid, fuels, and chemical feedstocks.
Key facts about INERATEC
- Founded Year: 2015
- Location: Germany
- Stage: Series B
- Total Funding till date: $149M
- Employee Count: 144 as on Aug 31, 2026
- Investors: Samsung Venture Investment, Honda Xcelerator Ventures and 20 Others
- Latest Funding Round: Venture Debt, Jan 29, 2025, $*****
- Highlight: Editors' Pick
Honda Xcelerator Ventures' Year-on-Year Investment Trends
Honda Xcelerator Ventures has invested in 17 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. In 2025, it made 1 investment, while as of Aug 2026, it has made 1 investment in this year. Its most recent first time investment was in Nexeon and most recent follow-on round was in Helm.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 1 | 0 | 1 |
2024 | 3 | 0 | 3 |
2023 | 3 | 0 | 3 |
2022 | 2 | 1 | 3 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 1 | 0 | 1 |
2018 | 1 | 0 | 1 |
Honda Xcelerator Ventures' Investments by Stage
Honda Xcelerator Ventures has made 5 investments in Series A stage with an average round size of $29.1M, 3 investments in Series B stage with an average round size of $26.8M, 3 investments in Series C stage with an average round size of $85.6M, 2 investments in Seed stage with an average round size of $12M and 1 investment in Series F stage with an average round size of $750M.Stage of entry | No. of Investments |
|---|---|
Series A | 5 |
Series B | 3 |
Series C | 3 |
Seed | 2 |
Series F | 1 |
Note: We have considered here, only first round of investments
Honda Xcelerator Ventures' Investments by Sector
Honda Xcelerator Ventures has a diverse portfolio, with companies operating in the High Tech, Sustainability Tech, Energy Tech, Auto Tech and Environment Tech. Notably, it has invested in 15 Enterprise (B2B) companies, 15 Tech companies, 5 Software companies and at least 4 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 9 |
Sustainability Tech | 7 |
Energy Tech | 6 |
Auto Tech | 5 |
Environment Tech | 5 |
Others | 18 |
Note: We have considered here, only first round of investments
Honda Xcelerator Ventures' Investments by Geography
Honda Xcelerator Ventures has made most investments in United States (6), followed by Germany where it has made 4 investments.Country | No. of Investments |
|---|---|
United States | 6 |
Germany | 4 |
Israel | 1 |
Japan | 1 |
Singapore | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
Honda Xcelerator Ventures' recent investments
Honda Xcelerator Ventures has made 1 investments in 2026 so far - Nexeon.Here are the most recent investments by Honda Xcelerator Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 31, 2026 | United Kingdom | Series C | 2578 | ||
Jan 23, 2025 | United States | Series B | 1731 | [+3] | |
Nov 12, 2024 | Germany | Seed | 8830 | [+5] | |
Sep 13, 2024 | Germany | Series A | 5609 | ||
Sep 10, 2024 | United States | Series B | 7288 | - |
IPOs and Publicly Listed companies in Honda Xcelerator Ventures' Portfolio
3 of Honda Xcelerator Ventures' portfolio companies have become public. SoundHound got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Apr 2022 at marketcap of $1.41B and SES Technologies got listed on the New York Stock Exchange (NYSE).Here are Honda Xcelerator Ventures' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Apr 28, 2022 | - | - | 5035 | |
Feb 04, 2022 | - | - | 2463 | |
Dec 01, 2021 | Sep 20, 2016 | Series F | 6885 |
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Acquired companies in Honda Xcelerator Ventures' Portfolio
3 companies from Honda Xcelerator Ventures' portfolio have been acquired. The most recent acquisition was DeepMap in Jun 2021 by Nvidia for $*****.Here are Honda Xcelerator Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 10, 2021 | Jan 10, 2018 | Series A | 1047 | |
Jan 25, 2021 | Mar 05, 2019 | Series C | 4474 | |
Oct 07, 2019 | 2015 | Seed | 6406 |
Team profile of Honda Xcelerator Ventures
Honda Xcelerator Ventures has a team of 14 members including 5 Partners, 1 Venture Partner and 6 Principals located in United States, Japan and 1 more location. Honda Xcelerator Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Honda Xcelerator Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Mountain View | - | ||
Partner | - | - | ||
Partner | - | - | ||
Partner | United States | - | ||
Partner | Japan | - | ||
Venture Partner | Berlin | - | ||
Principal | San Jose | - | ||
Principal | Germany | - | ||
Principal | Tokyo | - | ||
Principal | Mountain View | - | ||
Principal | Tokyo | - |
Co-investors of Honda Xcelerator Ventures
Over the past 11 years, 191 investors have co-invested in Honda Xcelerator Ventures's portfolio companies. This includes funds and angels.
- Invested before Honda Xcelerator Ventures: Extantia, Possible Ventures and 94 others have invested in rounds before Honda Xcelerator Ventures. There are 2 companies where Extantia has invested before Honda Xcelerator Ventures and 2 companies where Possible Ventures has invested before Honda Xcelerator Ventures.
- Top Co-investors of Honda Xcelerator Ventures: 28 investors entered a company along with Honda Xcelerator Ventures. These include investors like SoftBank Group (1 company).
- Invested after Honda Xcelerator Ventures: A total of 67 investors have invested in Honda Xcelerator Ventures's portfolio after their investments. Top Investors include Honda (2 companies), MUFG Innovation Partners (1 company) and TIS (1 company).
Recent News related to Honda Xcelerator Ventures
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UK's Nexeon Secures €116.7 Million in Funding Round with National Wealth Fund BackingEU-Startups•Aug 31, 2026•Nexeon, Honda Xcelerator Ventures, Korean Development Bank
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Honda Xcelerator Ventures Welcomes Sonocharge Energy To Its PortfolioHonda Xcelerator Ventures•Jan 22, 2025•Honda Xcelerator Ventures, Sonocharge Energy, Cycle Capital, Khosla Ventures and 2 others
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Honda Xcelerator Ventures Invests in tozero in Seed FundingHonda Xcelerator Ventures•Nov 12, 2024•Honda Xcelerator Ventures, tozero, NordicNinja, JGC Holdings Corporation and 6 others
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Honda Xcelerator Ventures Invests In Reverion In Series A FundingHonda Xcelerator Ventures•Sep 13, 2024•Reverion, Honda Xcelerator Ventures, Energy Impact Partners, Europa and 11 others
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Seurat Technologies secures $99 million in Series CStartbase•Nov 01, 2023•Seurat, nVentures, Capricorn, NVentures and 17 others
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Honda Startup Introduces Striemo Three-Wheel e-Scooter With Stabilizer TechCarscoop•Jun 14, 2022•Honda Xcelerator Ventures
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ConnectedTravel® Partners With Honda To Debut Next Generation Mobile Infotainment And Rewards System For Honda Vehicles, Drivers And Passengers - Honda Dream DrivePR Newswire•Jan 09, 2019•Connected Travel, Honda Xcelerator Ventures, Honda
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Phillips 66 Company collaborates with Honda Developer Studio to offer in-vehicle fuel paymentPR Newswire•Jan 03, 2019•Phillips 66, Honda Xcelerator Ventures, Honda
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Honda Advances its Global Open Innovation Initiative with New VC PartnersHonda of Lincoln•Dec 05, 2018•Honda Xcelerator Ventures, 360 Capital Partners, SOSV, Yunqi Partners and 1 other
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Honda “Xcelerates” Startup Collaborations Globally to Drive Open InnovationWebwire•Nov 09, 2017•Honda Xcelerator Ventures
