About Newmo
Newmo is a company based in Minato (Japan) founded in 2024 by Naoki Aoyagi, Sokawa Keisuke, Kentaro Muto, Ryusuke Matsumoto, Haruna Noji, and Satoshi Miyazaki.. Newmo has raised $51.43 million across 4 funding rounds from investors including Mercari, MUFG Bank and Resona Group.
- Headquarter Minato, Japan
- Founders Naoki Aoyagi, Sokawa Keisuke, Kentaro Muto, Ryusuke Matsumoto, Haruna Noji, Satoshi Miyazaki
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Sectors
Transportation, Automotive & Logistics
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$51.43 M (USD)
in 4 rounds
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Latest Funding Round
$8.36 M (USD), Series A
Jul 02, 2025
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Investors
Mercari
& 39 more
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Employee Count
Employee Count
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Funding Insights of Newmo
Newmo has successfully raised a total of $51.43M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $8.36 million completed in July 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $8.4M
- First Round First Round
- Investors Count 40
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2025 | Amount | Series A - Newmo | Valuation |
investors |
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| Oct, 2024 | Amount | Series A - Newmo | Valuation | ANRI , Axiom Asia | |
| May, 2024 | Amount | Seed - Newmo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Newmo
Newmo has secured backing from 40 investors, including venture fund and institutional investors. Prominent investors backing the company include Mercari, MUFG Bank and Resona Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech-focused investments in Japan are made by ANRI.
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Founded Year | Domain | Location | |
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Private equity investments across Asia are managed by Axiom Asia.
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Founded Year | Domain | Location | |
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Incubator & VC firm Tech focused investing in primarily Japan & Taiwan
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Newmo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Newmo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Newmo Comparisons
Competitors of Newmo
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Newmo
When was Newmo founded?
Newmo was founded in 2024.
Where is Newmo located?
Newmo is headquartered in Minato, Japan. It is registered at Minato, Tokyo, Japan.
Who is the current CEO of Newmo?
Naoki Aoyagi is the current CEO of Newmo. They have also founded this company.
Is Newmo a funded company?
Newmo is a funded company, having raised a total of $51.43M across 4 funding rounds to date. The company's 1st funding round was a Seed of $1.95M, raised on Feb 01, 2024.
What does Newmo do?
Newmo was founded in 2024 in Minato, Japan, as a provider of ridesharing services within the transportation sector. Operations are centered on facilitating shared rides through a digital platform. The company is led by six co-founders, including Naoki Aoyagi as CEO. Services are targeted at urban mobility needs in the Japanese market, with a focus on efficient matching of riders and drivers.
Who are Newmo's investors?
Newmo has 40 investors. Key investors include Mercari, MUFG Bank, Resona Group, Hokuhoku Financial Group, and Shizuoka Financial Group.