About MPower Partners
MPower Partners is a venture capital firm founded in 2021. It is primarily based out of Tokyo, Japan. As of Jun 2026, MPower Partners is an active investor, having invested in 32 companies, with 13 new investments in the last 12 months. It primarily invests in Series B round in Japan based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Environment Tech and High Tech. Most recently it participated in the $***** Seed round of Ikura Overall, MPower Partners portfolio has seen 1 acquisition, namely HistoSonics. A lot of funds co-invest with MPower Partners, with names like Mizuho Capital sharing a substantial percentage of its portfolio. MPower Partners has team of 13 people including 2 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series B, Seed & 5 more
Portfolio Acquisitions
Portfolio Soonicorns
Deals in last 12 months
MPower Partners' List of Top Investments
MPower Partners has a portfolio of 32 companies. Their most notable investments are in Cyto-Facto and SHE.Their portfolio spans across Japan, United States, Indonesia and 1 more locations. They have invested in Enterprise Applications, Environment Tech, High Tech and 20 other sectors, across stages such as Series B, Seed and 5 more. Here is the list of top investments by MPower Partners:
Developer of wireless communication infrastructure using nanosatellites. It provides users with a wireless communication infrastructure using nanosatellites. It utilizes laser-based systems to transmit data over long distances, offering alternative to traditional fiber optic cables.
Key facts about Transcelestial
- Founded Year: 2016
- Location: Singapore (Singapore)
- Annual Revenue: SGD 0 - 1M as on Dec 31, 2021
- Stage: Series B
- Total Funding till date: $34.7M
- Employee Count: 56 as on Jun 30, 2026
- Investors: EDBI, Partech Partners and 33 Others
- Latest Funding Round: Series B, Nov 12, 2025, $*****
- Highlight: Editors' Pick
Online mineral recovery from mining waste platform. It has developed technologies to remediate tailings ponds by extracting new ores and basic metals from bauxite residue. It is on a mission for zero waste and zero carbon emission resulting in reducing production costs. It eradicates metals such as alumina, iron, scandium, silica, and more. The offering sectors include cell phones, autos, aircraft, biotechnology, and more.
Key facts about Phoenix Tailings
- Founded Year: 2019
- Location: Woburn (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $149M
- Employee Count: 135 as on Jun 30, 2026
- Investors: Toba Capital, Old Silver VC and 21 Others
- Latest Funding Round: Venture Debt, Feb 19, 2026, $*****
- Highlight: Editors' Pick
3. HistoSonics
HistoSonics is developing Histotripsy technology, licensed from the University of Michigan. It is a non-invasive, image guided therapeutic ultrasound system that excises tissue. Uses pulsed sound waves to induce cavitation that mechanically destroys tissue, tumors and plaque at the cellular level. Application areas include cardiovascular, oncology, neurology and urology.
Key facts about HistoSonics
- Founded Year: 2009
- Location: Ann Arbor (United States)
- Last Known Valuation: $*****
- Stage: Acquired
- Total Funding till date: $566M
- Employee Count: 420 as on Jun 30, 2026
- Investors: Founders Fund, Health Quest Capital and 26 Others
- Latest Funding Round: Series E, Jun 22, 2026, $*****
- Highlight: Acquired
Platform offering predictive analytics solution. It offers weather forecasts, analytics, and risk management solutions. It leverages artificial intelligence and machine learning that predicts risks from the weather and the probability of extreme temperatures and flooding. It provides solutions for flood and heat score and climate score intelligence platforms. It caters to various sectors such as enterprise, finance, public, manufacturing, mining, retail, real estate, and more.
Key facts about Jupiter Intelligence
- Founded Year: 2017
- Location: San Mateo (United States)
- Stage: Series C
- Total Funding till date: $86M
- Employee Count: 83 as on Jun 30, 2026
- Investors: Elemental, DCVC and 18 Others
- Latest Funding Round: Series C, Sep 04, 2021, $*****
- Highlight: Editors' Pick
5. Mitsumore
Provider of lead generation platform for multiple services. The platform automates the process of receiving project requests from clients and provides cost estimates. It offers multiple services including wedding photographers, patent attorneys, video production, website design, tax consultants, business photographers, and gardeners.
Key facts about Mitsumore
- Founded Year: 2017
- Location: Tokyo (Japan)
- Stage: Series B
- Total Funding till date: $43.6M
- Employee Count: 77 as on Jun 30, 2026
- Investors: World Innovation Lab, Eight Roads Ventures and 9 Others
- Latest Funding Round: Series B, Apr 20, 2026, $*****
- Highlight: Editors' Pick
MPower Partners' Year-on-Year Investment Trends
MPower Partners has invested in 32 companies over the last 5 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 10 investments, while as of Jun 2026, it has made 9 investments in this year. Its most recent first time investment was in Ikura and most recent follow-on round was in EX-Fusion.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 0 | 9 |
2025 | 7 | 3 | 10 |
2024 | 5 | 1 | 6 |
2023 | 2 | 0 | 2 |
2022 | 6 | 0 | 6 |
2021 | 2 | 0 | 2 |
MPower Partners' Investments by Stage
MPower Partners has made 12 investments in Series B stage with an average round size of $13M, 7 investments in Seed stage with an average round size of $2.19M and 4 investments in Series C stage with an average round size of $29.1M.Stage of entry | No. of Investments |
|---|---|
Series B | 12 |
Seed | 7 |
Series C | 4 |
Series A | 3 |
Series E | 3 |
Others | 2 |
Note: We have considered here, only first round of investments
MPower Partners' Investments by Sector
MPower Partners has a diverse portfolio, with companies operating in the Enterprise Applications, Business Services, High Tech, Consumer and Environment Tech. Notably, it has invested in 17 Tech companies, 14 Enterprise (B2B) companies, 7 Consumer (B2C) companies and at least 7 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 9 |
Business Services | 6 |
High Tech | 4 |
Consumer | 3 |
Environment Tech | 3 |
Others | 29 |
Note: We have considered here, only first round of investments
MPower Partners' Investments by Geography
MPower Partners has made most investments in Japan (25), followed by United States where it has made 4 investments.Country | No. of Investments |
|---|---|
Japan | 25 |
United States | 4 |
Indonesia | 1 |
Singapore | 1 |
Note: We have considered here, only first round of investments
MPower Partners' recent investments
MPower Partners has made 9 investments in 2026 so far. Ikura and HistoSonics are the latest among them.Here are the most recent investments by MPower Partners:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 25, 2026 | United States | Seed | 1127 | ||
Jun 22, 2026 | United States | Series E | 6838 | [+1] | |
Apr 21, 2026 | Japan | Series B | 9051 | ||
Apr 21, 2026 | Japan | Series B | 2426 | [+1] | |
Apr 02, 2026 | Japan | Series A | 7968 |
Acquired companies in MPower Partners' Portfolio
1 company from MPower Partners' portfolio has been acquired. The most recent acquisition was HistoSonics in Aug 2025 by K5 Global for $*****.Here are MPower Partners' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Aug 07, 2025 | Jun 22, 2026 | Series E | 9028 |
Team profile of MPower Partners
MPower Partners has a team of 13 members including 2 Partners and 3 Principals located in Japan. MPower Partners' team does not sit on the board of any company as of now.Here is a list of top team members in MPower Partners:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Tokyo | - | ||
Partner | Tokyo | - | ||
Principal | Tokyo | - | - | |
Principal | Tokyo | - | ||
Principal | Tokyo | - |
Co-investors of MPower Partners
Over the past 5 years, 322 investors have co-invested in MPower Partners's portfolio companies. This includes funds and angels.
- Invested before MPower Partners: SMBC Venture Capital, Mitsubishi UFJ Capital and 179 others have invested in rounds before MPower Partners. There are 6 companies where SMBC Venture Capital has invested before MPower Partners and 5 companies where Mitsubishi UFJ Capital has invested before MPower Partners.
- Top Co-investors of MPower Partners: 110 investors entered a company along with MPower Partners. These include investors like Mizuho Capital (3 companies).
- Invested after MPower Partners: A total of 31 investors have invested in MPower Partners's portfolio after their investments. Top Investors include Moon Creative Lab (2 companies), Nomura (1 company) and SMBC Edge (1 company).
Recent News related to MPower Partners
•
•
Japan Cyber Defense raises 1 billion yen in seed roundStartup Log•Nov 11, 2025•MPower Partners, Cyber Defense Research Institute, DBJ Capital
•
•
Bgrass raises 125 million yen in pre-series A round for women's IT career support service "WAKE Career"Startup Log•Aug 19, 2025•Bgrass, NextBlue, JFC, CyberAgent and 2 others
•
EX-Fusion Raises Approximately 2.6 Billion Yen in Series A Funding RoundStartup Log•Jun 05, 2025•XFusion, Osaka University, MPower Partners, Shoko Chukin Bank and 8 others
•
RABO Secures 800 Million Yen in FundingStartup Log•Feb 21, 2025•Catlog, Moon Creative Lab, Canon, United Ventures and 3 others
•
SHE Inc., operator of online career school for women "SHElikes," raises a total of 1.75 billion yen in Series C fundingStartup Log•Feb 17, 2025•, Moon Creative Lab, Marui-Group, SHE and 4 others
•
HQ Inc., provider of remote work support platform "Remote HQ," raises 2 billion yen in Series B fundingStartup Log•Dec 12, 2024•HQInc, Global Brain, MPower Partners, NTT DATA Smart Sourcing and 4 others
•
Taxi and ride-sharing service operator newmo Inc. raises JPY 6.3 billion in additional Series A fundingStartup Log•Oct 31, 2024•Newmo, ANRI, Axiom Asia, B Dash Ventures and 23 others
•
