# PXP

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/pxp

- Industry: Industrial Machinery
- Headquarters: Sagamihara, Japan
- Website: www.pxpco.jp
- Total disclosed funding: $19M
- Latest round: Series B (Jul 9, 2026)
- Investors on record: 15

## About

Founded in 2020 and based in Kanagawa, Japan, PXP Corporation d.b.a PXP is led by CEO Satoru Kuriyagawa and focuses on the research, development, manufacturing, and sale of next-generation photoelectric conversion devices, including advanced solar cell technologies. In July 2026, PXP raised JPY 1.56 billion in series B funding from Tokyo Century Corporation, NAGOYA ELECTRIC WORKS CO., LTD., Mitsubishi UFJ Capital, ShinMaywa Industries, Nakajima Industrial Co., Ltd., Alconix Ventures, Softbank, Mitsubishi HC Capital, Automotive Fund, SOLABLE Inc. and TARO Ventures.

PXP Corporation specializes in the development and manufacturing of flexible solar cells and flexible solar panels, designed for versatile solar energy. The company’s lightweight products can be integrated into various applications, such as portable energy solutions and building-integrated photovoltaics. As of 2024, the firm serves a global client across North America, Europe, and parts of Asia.

The company plans to use the July 2026 funding to build a mass-production plant for PXP’s solar technology, enabling scale-up, stable product supply, and expansion of renewable energy services.

## Funding rounds

- Series B, Jul 9, 2026, $9.7M — Mitsubishi UFJ Capital, Mitsubishi HC Capital, TARO Ventures, Tokyo Century Corporation, Nakajima Industrial Co., Ltd., Alconix Ventures, Softbank, Automotive Fund, ShinMaywa Industries, SOLABLE Inc., NAGOYA ELECTRIC WORKS CO., LTD.
- Series A, Dec 4, 2024, $9.8M — Toyota Tsusho, Yokohama Capital, Mitsubishi HC Capital, TARO Ventures, J&TC Frontier, Softbank, Automotive Fund, SOLABLE Inc., Kowa Optronics Co.,Ltd.

## Investors

- Toyota Tsusho — Series A
- Yokohama Capital (https://capitalatlas.ai/funds/yokohama-capital) — Series A
- Mitsubishi HC Capital — Series A, Series B
- TARO Ventures (https://capitalatlas.ai/funds/taro-ventures) — Series A, Series B
- J&TC Frontier — Series A
- Softbank — Series A, Series B
- Automotive Fund (https://capitalatlas.ai/funds/automotive-fund) — Series A, Series B
- SOLABLE Inc. — Series A, Series B
- Kowa Optronics Co.,Ltd. — Series A
- Mitsubishi UFJ Capital (https://capitalatlas.ai/funds/mitsubishi-ufj-capital) — Series B
- Tokyo Century Corporation — Series B
- Nakajima Industrial Co., Ltd. — Series B
- Alconix Ventures (https://capitalatlas.ai/funds/alconix-ventures) — Series B
- ShinMaywa Industries — Series B
- NAGOYA ELECTRIC WORKS CO., LTD. — Series B