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Top 50 B2B Startup Investors in Japan (September 2026)

The most active venture capital funds and angel investors investing in Japan B2B startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Japan B2B startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Global Brain Corporation
VC Fund
7 Japan, United States, United Kingdom Series A, Series B Software, Information Technology, Artificial Intelligence $2.3M–$53M
ANRI
VC Fund
5 Japan, United States, Indonesia Seed, Series A, Venture - Series Unknown Software, Information Technology, Health Care $275k–$34M
Mitsubishi UFJ Capital
VC Fund
4 Japan, United States, Singapore Series A, Series B Information Technology, Software, Health Care $1.2M–$68M
XTech Ventures
VC Fund
4 Japan, Italy, United Arab Emirates Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $480k–$11M
SMBC Venture Capital
VC Fund
4 Japan, United States, Singapore Series A, Series B Information Technology, Software, Health Care $1.2M–$52M
DNX Ventures
VC Fund
4 Japan, United States, Canada Seed, Series A, Series B Software, Information Technology, SaaS $574k–$42M
500 Startups Japan
VC Fund
3 Japan, United States Seed, Series A, Venture - Series Unknown Internet, Software, Task Management $91k–$30M
Globis Capital Partners
VC Fund
3 Japan, United States, Israel Series A, Series B, Venture - Series Unknown Software, Information Technology, Internet $1.7M–$99M
Daiwa Corporate Investment
VC Fund
3 Japan, United States, France Venture - Series Unknown, Series A, Seed Software, Manufacturing, Task Management $310k–$43M
East Ventures
VC Fund
3 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $263k–$31M
JAFCO
VC Fund
3 Japan, United States, Israel Series A, Series B, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $1.3M–$71M
Delight Ventures
VC Fund
3 Japan, United States, South Korea Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $556k–$19M
Tsuneishi Capital Partners
VC Fund
2 Japan Seed, Series A, Series C Drones, Information Technology, Energy $269k–$2.4M
MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
VC Fund
2 Japan, United States, India Seed, Series B Software, Information Technology, Health Care $482k–$17M
Osaka University Venture Capital
VC Fund
2 Japan Seed, Venture - Series Unknown, Series A Biotechnology, Health Care, Medical $480k–$17M
Shogo Kawada
Angel
2 Japan, United States Seed, Angel Software, SaaS, Mobile $182k–$14M
Gazelle Capital
VC Fund
2 Japan, China, Singapore Seed, Series A, Series B Software, Apps, SaaS $268k–$3.5M
FFG Venture Business Partners
VC Fund
2 Japan, Indonesia, United States Series A, Venture - Series Unknown, Seed Software, Artificial Intelligence, Health Care $547k–$50M
aSTART
VC Fund
2 Japan Seed, Series C, Series A Aerospace, Information Technology, B2B $308k–$80M
YJ Capital
VC Fund
2 Japan, United States, Indonesia Venture - Series Unknown, Series A, Seed Software, Information Technology, Content $63k–$47M
Spiral Ventures
VC Fund
2 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Information Technology, Internet $500k–$30M
Nissay Capital
VC Fund
2 Japan, United States, Ethiopia Seed, Series A Health Care, Information Technology, Medical $457k–$28M
Christine Herron
Angel
2 United States, Japan Seed, Series A, Series B E-Commerce, Social Media, Personalization $1.3M–$21M
Japan Finance Corporation
VC Fund
2 Japan, Kenya, Hong Kong Debt Financing, Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $212k–$13M
Monex Ventures
VC Fund
2 Japan, United States, China Seed, Series A, Venture - Series Unknown Software, Financial Services, FinTech $318k–$17M
Incubate Fund
VC Fund
2 Japan, United States, India Seed, Series A Software, Information Technology, E-Commerce $317k–$20M
Agribusiness Investment Development
VC Fund
2 Japan Series A, Series B, Seed Food and Beverage, Agriculture, Manufacturing $1.4M–$31M
Venture United
VC Fund
2 Japan Seed, Series A, Venture - Series Unknown Software, Travel, Apps $82k–$21M
Genesia Ventures
VC Fund
2 Japan, Vietnam, Indonesia Seed, Series A, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $404k–$11M
Lotte Ventures Japan
VC Fund
2 Japan Seed, Series A Food and Beverage, Restaurants, B2B $621k–$4.4M
Primal Capital
VC Fund
1 Japan, Spain, Switzerland Seed, Venture - Series Unknown Software, Information Technology, Internet $415k–$18M
Recruit Strategic Partners
VC Fund
1 United States, Japan, India Series A, Seed, Series B E-Commerce, Software, FinTech $100k–$57M
Spiral Capital
VC Fund
1 Japan, United Kingdom Series A, Series B, Seed Software, Information Technology, Internet $768k–$63M
GMO VenturePartners
VC Fund
1 Japan, United States, India Seed, Series A, Series B FinTech, Financial Services, Finance $1.3M–$170M
JAFCO Group
VC Fund
1 Japan, United States Series B, Series C Information Technology, Software, E-Commerce $3.1M–$283M
Carbide Ventures
VC Fund
1 Japan, United States, Canada Seed, Series A, Series B Software, Artificial Intelligence, SaaS $535k–$25M
Scrum Ventures
VC Fund
1 United States, Japan, China Seed, Series A Software, Artificial Intelligence, Information Technology $1.3M–$31M
Yamauchi-No.10 Family Office
VC Fund
1 Japan, United States, India Series A, Series F, Series B Information Technology, Aerospace, Space Travel $16M–$230M
Hirogin Capital Partners
VC Fund
1 Japan Series A Carbon Capture, Environmental Consulting
West Japan Railway
VC Fund
1
JMTC Capital
VC Fund
1 Japan, United States Series C, Series A Robotics, Environmental Consulting, Medical Device
Ikemori Venture Support
VC Fund
1 Japan, India, Kenya Seed, Series A Finance, Manufacturing, Task Management $3M–$11M
Vela Partners
VC Fund
1 United States, Germany, Japan Seed, Series A Software, Information Technology, Artificial Intelligence $1.9M–$32M
Spiral Regional Innovation Fund
VC Fund
1 Japan Series B, Seed, Series A Artificial Intelligence, Apps, Robotics $1.4M–$27M
D4V
VC Fund
1 Japan, United States, Singapore Seed, Series A Software, Financial Services, Apps $992k–$89M
Mitsubishi UFJ
VC Fund
1 Japan, United States, Malaysia Debt Financing, Series A Financial Services, Artificial Intelligence, Information Technology
Kyoto Capital Partners
VC Fund
1 Japan Series C Retail, Medical, Elder Care
Sansan
VC Fund
1 Japan, Indonesia Seed, Series A, Series C SaaS, B2B, Legal $1.6M–$2.5M
Vertex Ventures Japan
VC Fund
1 Japan Seed B2B, Medical, Software
WASEDA University Ventures
VC Fund
1 Japan, United States Seed, Convertible Note Laser, Commercial, Manufacturing
Access all 248 investors in Japan B2B startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan B2B startups

Global Brain Corporation is a venture capital firm that invests in companies from seed or early to pre-IPO startups. Global Brain has invested in 300+ startups from seed/early to pre-IPO startups and achieved 25 IPOs and 61 M&As as a result of providing hands-on support services and resources to its portfolio startups. Global Brain hasmanaged a pure investment fund as well as multiple corporate venture capital funds partnered together with tier 1 public companies of telecom, real estate development, financial service, beverages, agriculture food, logistics, and electronic devices.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 776
  • Round size: Series A $2.3M–$31M; Series B $3.5M–$53M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fresh fund, raised $65M in 2025

Portfolio highlights

  • NBT — NBT specializes in the development of wind farms in the field of renewable energy in emerging markets.
  • Josys — Stop letting runaway SaaS costs & unsecured SaaS access ruin your day. Josys is the only SaaS Management Platform that provides true 360-degree control.
  • Deeping Source — Real-time Video Analytics based on Data Anonymization. High-accuracy computer vision for large-scale spaces: hypermarkets, shopping malls, convention centers, hospitals, logistics warehouses, construction sites, etc.
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ANRI
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Japan B2B startups

ANRI is a Japanese venture capital firm that mainly invests in seed and early-stage startups.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, Indonesia

Investor stats

  • Total investments: 306
  • Round size: Seed $275k–$10M; Series A $967k–$34M; Venture - Series Unknown $731k–$28M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $102M in 2022

Portfolio highlights

  • HANAMII — HANAMII is a creative and marketing company that offers digital marketing, branding, business support services, and social media marketing.
  • Any Style — Any Style develops a messaging app from voice actors that regularly sends messages via subscription. It also engages in the planning and production of audio content and the VTuber production business.
  • Arrowsmith — Arrowsmith is committed to unlocking the full potential of bacteriophages to revolutionize the treatment of bacterial infectious diseases. Through transformative science, Arrowsmith strive to create a world free from the pain and fear caused by antimicrobial resistance.
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Mitsubishi UFJ Capital
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Japan B2B startups

Mitsubishi UFJ Capital is a venture capital firm focusing on life science, ICT, and high technology investments.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Series A, Series B
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 656
  • Round size: Series A $1.2M–$29M; Series B $3.5M–$68M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $94M in 2020

Portfolio highlights

  • ADiXi — Adixi is a tech-driven business that supports the idea that people and technology may work together. It strives to open doors by utilizing cutting-edge technology, such as artificial intelligence, to promote long-term, sustainable corporate and societal progress.
  • Caguuu — Caguuu offers high-quality designer furniture at affordable prices, through e-commerce, eliminating middlemen and store operating costs.
  • Link Therapeutics — Link Therapeutics specializes in developing therapeutic methods for targeting autoantibodies and identifying pathogenic autoantibodies.
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XTech Ventures
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Japan B2B startups

XTech Ventures aims to achieve dramatic growth for investee companies by supporting entrepreneurship, multifaceted management support, and IPO support for the excellent middle class who are enthusiastic about entrepreneurship.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Italy, United Arab Emirates

Investor stats

  • Total investments: 119
  • Round size: Seed $480k–$3.7M; Series A $1.1M–$7.8M; Venture - Series Unknown $549k–$11M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: May invest from a new fund soon — raised $27M in 2018

Portfolio highlights

  • Yondemy — Yondemy is an online platform for children reading books.
  • Yokohama Vanilla — Yokohama Vanilla is a Company which operates Yokohama-based gift sweets brand.
  • Zeal Boxing Fitness — Zeal Boxing Fitness combines power of sports with the power of technology to provide a service that allows to enjoy fitness.
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SMBC Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 4 investments in Japan B2B startups

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. The following lists the activities of SMBC, its subsidiaries andaffiliates in the various business segments.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Series A, Series B
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 641
  • Round size: Series A $1.2M–$52M; Series B $2.3M–$40M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • LQUOM — QWAVE offers cryptography communication technology.
  • Etaily — Etaily provides e-commerce and retail solutions in the Philippines, enabling brands with end-to-end services, from store management to fulfillment.
  • Josan-shes — Josan shes is web start up that offers nursing service to women and babies.
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DNX Ventures
VC Fund · San Mateo, California, United States · 4 investments in Japan B2B startups

DNX Ventues is an early stage VC firm focusing on B2B Startups that are shaping industries and transforming the way we live and work.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States, Canada

Investor stats

  • Total investments: 387
  • Round size: Seed $574k–$11M; Series A $2.2M–$31M; Series B $2.8M–$42M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely actively investing — fresh fund, raised $20M in 2026

Portfolio highlights

  • Kauli — Kauli is an Online Ad Network Management System pioneered in Japan. Kauli supports Real Time Bidding. This service allows advertisers to place bids for their ads in real time and according to users' characteristics.Kauli frequently reviews Ad Networks so that the Ad Network with the best expected ad revenue will be selected. As aresult, every ad frame always has the best expected ad revenue.
  • Knostic — Knostic provides need-to-know access controls for Large Language Models (LLMs). Its knowledge-centric capabilities enable enterprises to expedite the deployment of LLMs and drive AI-powered innovation while maintaining value, security, and safety.
  • FLUX — FLUX provide “FLUX Header Bidding Solution” that creates fair competition opportunities and significantly increases advertising revenue within the header bidding server, ad requests are sent to SSPs and ad exchanges all at once, so it is possible to have a pure price competition without prioritization, and to determine the highest bid amount andvalue of the advertising space. I can. Then, the price of the highest bid ad in the header bidding and the ad set in the ad server are competed, and the ad with the higher bid is delivered.
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500 Startups Japan
VC Fund · San Francisco, California, United States · 3 investments in Japan B2B startups

500 Startups is the most active seed VC in the world. 500 Startups Japan is a $35M regional fund focusing on Japan.

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Investment focus

  • Industry: Internet, Software, Task Management
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States

Investor stats

  • Total investments: 48
  • Round size: Seed $275k–$7.8M; Series A $3.6M–$30M; Venture - Series Unknown $91k–$1.6M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2015

Portfolio highlights

  • Noin — Noin specializes in cosmetics and delivers content that accurately captures trends like videos that solve girls worries.
  • GITAI — GITAI is the world’s leading space robotics startup, aiming to provide safe and affordable means of labor in space and reduce operational costs by 100 times. GITAI is developing highly capable, safe, and reliable robots to help build and maintain satellites, space stations, lunar bases, and cities on Mars.
  • Connected Robotics — Connected Robotics is an information technology company that designs and manufactures robotic arms for enterprises. The company's product, OctoChef, provides cooking services. It caters to individual restaurants, shopping malls, stations, service areas, amusement centers, and large-scale events. The company was founded in 2014 and is basedin Koganei-shi, Japan.
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Globis Capital Partners
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan B2B startups, 17 in the past 12 months

Globis Capital Partners (GCP) is a venture capital firm in Japan. With its combination of local business presence through Globis Group and the experience of Western VC experience, GCP has set new VC standards in Japan, with hands-on, and in-depth industry expertise.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Japan, United States, Israel

Investor stats

  • Total investments: 199
  • Round size: Series A $2M–$47M; Series B $4.4M–$99M; Venture - Series Unknown $1.7M–$22M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fresh fund, raised $51M in 2026

Portfolio highlights

  • Taian — Taian, which specializes in bridal industry services and software. They also provide ''Concept Marry,'' which allows couples to design invites and seating charts that match their wedding theme, as well as display guest information on Oiwaii.
  • RoboTruck — RoboTruck develops autonomous driving technologies for huge trucks, as well as practical applications.
  • Knowledge Work — Knowledge Work specializes in the development and sales of software for companies.
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Daiwa Corporate Investment
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan B2B startups

Daiwa Corporate Investment is a private investment firm of Daiwa Securities Group that has been engaged in overseas VC investments by taking advantage of an extensive business network in Japan and foreign countries, long experience and professional knowledge, and by supporting the growth of a number of overseas portfolio companies and their stockexchange listings.

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Investment focus

  • Industry: Software, Manufacturing, Task Management
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Japan, United States, France

Investor stats

  • Total investments: 136
  • Round size: Seed $310k–$2.8M; Series A $1.1M–$43M; Venture - Series Unknown $710k–$11M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $90M in 2018

Portfolio highlights

  • NovAccel — NovAccel operates as a deep tech company, ensure a stable supply of medical radioisotopes.
  • AstroX — AstroX is a private space startup company that develops satellite launch vehicles for space development. It utilizes the rockoon method for developing launch vehicles and small rockets to help clients easily use space.
  • Sonire Therapeutics — SONIRE Therapeutics Inc. (SONIRE) is working on a next-generation high-intensity focused ultrasound (HIFU) therapy system that will employ acoustic engineering (ultrasound) technologies developed through cutting-edge academic research. SONIRE has been working on a next-generation high-intensity focused ultrasound (HIFU) treatment system as a noveltherapeutic modality with the goal of giving cancer patients and their families a new future.
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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan B2B startups

East Ventures is an early stage venture capital (VC) focused on Southeast Asia, Indonesia & Japan. Success cases include Tokopedia, Traveloka, and Mercari.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Series A
  • Geography: Japan, Indonesia, Singapore

Investor stats

  • Total investments: 632
  • Round size: Seed $263k–$7M; Series A $2M–$31M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $150M in 2022

Portfolio highlights

  • Hyper8 — Hyper8 has been expanding Mespo through profits earned by operating social events.
  • Sisuta — Sisuta is a purpose-driven organization committed to addressing fundamental social issues by seamlessly integrating human insight with advanced technology, creating innovative solutions that empower individuals, strengthen communities, and unlock the full potential of both people and digital tools to drive sustainable social impact.
  • BASE — BASE provides web-based services that develop and build e-commerce platforms. The company provides its services across Japan, such as net shop creation, development of shopping applications, development of online payment, and other services.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
JAFCO
VC Fund · Tokyo, Tokyo, Japan · 3 investments in Japan B2B startups

Since its founding in 1973, JAFCO has always worked with leading-edge entrepreneurs. The total capital commitments of its investment funds in Japan and overseas have exceeded 1 trillion yen and the number of portfolio IPOs to date has reached over 1,000. In addition to venture investment, JAFCO also carries out buyout investment and commit to thecreations of innovative technologies and services worldwide. As entrepreneurs’ closest partner in bringing their visions to life, JAFCO provides support in areas of HR, marketing/ sales, and back-office operations, in addition to providing financing.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Japan, United States, Israel

Investor stats

  • Total investments: 324
  • Round size: Series A $2.5M–$71M; Series B $5.5M–$41M; Venture - Series Unknown $1.3M–$27M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $567M in 2019

Portfolio highlights

  • CaTe — CaTe is based in Tokyo. CaTe develops and manufactures a Digital Therapeutic (DTx) for remote cardiac rehabilitation. Their invention allows heart disease patients to safely and successfully complete cardiac rehabilitation utilizing standing exercise in a confined space, such as at home, without the use of ergometers or similar instruments.
  • ADiXi — Adixi is a tech-driven business that supports the idea that people and technology may work together. It strives to open doors by utilizing cutting-edge technology, such as artificial intelligence, to promote long-term, sustainable corporate and societal progress.
  • Yokohama Vanilla — Yokohama Vanilla is a Company which operates Yokohama-based gift sweets brand.
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Delight Ventures
VC Fund · Shibuya, Kanagawa, Japan · 3 investments in Japan B2B startups

Delight Ventures is a venture capital firm that thoroughly reduces the hurdles of entrepreneurship in Japan and supports entrepreneurs in the world. Entrepreneurship is taken as a natural career path, and we aim to be a society where both successful and unsuccessful people can continue to take on challenges.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States, South Korea

Investor stats

  • Total investments: 87
  • Round size: Seed $556k–$4.3M; Series A $1.9M–$15M; Series B $3.1M–$19M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $93M in 2019

Portfolio highlights

  • Ababa — Ababa provides recruitment and employment solutions.
  • CraftBank — CraftBank, Inc. is the start-up that operates online matching platform between constructors with having relations with 22k specialty constructors (10% coverage in the market). The company was succeeded in Management BuyOut in April 2021.
  • Josh Collaboration — Josh Collaboration is a software company that provides mailing, fax transmission, and partner management services.
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Tsuneishi Capital Partners
VC Fund · Hiroshima, Hiroshima, Japan · 2 investments in Japan B2B startups

Tsuneishi Capital Partners is a company that formulates and operates investment partnerships.

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Investment focus

  • Industry: Drones, Information Technology, Energy
  • Stage:Seed, Series A, Series C
  • Geography: Japan

Investor stats

  • Total investments: 12
  • Round size: Seed $269k–$1.1M; Series A $1.1M–$2.4M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • GooPass — GooPass is a subscription-based camera equipment rental platform that offers users cameras, interchangeable lenses, and drones. It also allows users to buy or rent photography equipment by reserving it online.
  • Gojo & Company — We are enabling financial inclusion for everyone by partnering with financial service providers.
  • POWERNEXT — POWERNEXT provides electric power supply & demand management, rate calculation, customer management & environmental value trading services.
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MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

MSIVC is a venture capital firm that invests in Japanese and global startups scaling to IPO. It focuses on startups in verticals of Fintech, SaaS, Healthcare, AI, E-Commerce, Foodtech, and Environment etc.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series B
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 314
  • Round size: Seed $482k–$12M; Series B $2.2M–$17M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $88M in 2021

Portfolio highlights

  • FullDepth — FullDepth is a company that creates marine drones to aid with underwater monitoring. The company's drones work in tandem with marine navigation technology, which monitors and captures aquatic life, communicates data to connected devices, and provides infiltration information that can be freely used with a cloud service, allowing customers towitness and study marine life for educational and recreational purposes.FullDepth is a company that creates marine drones to aid with underwater monitoring. The company's drones work in tandem with marine navigation technology, which monitors and captures aquatic life, communicates data to connected devices, and provides infiltration information that can be freely used with a cloud service, allowing customers to witness and study marine life for educational and recreational purposes.
  • Peco Free — Peco Free is a school meal pre-order service that is selected using a smartphone.
  • Smart Craft —
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Osaka University Venture Capital
VC Fund · Osaka, Osaka, Japan · 2 investments in Japan B2B startups

Osaka University Venture Capital is a venture capital firm that focuses on early-stage ventures in the fields of life innovation, green innovation, and platform technology. The firm was founded in 2014 and based in Osaka, Japan.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Seed, Venture - Series Unknown, Series A
  • Geography: Japan

Investor stats

  • Total investments: 92
  • Round size: Seed $480k–$4.5M; Series A $1.5M–$17M; Venture - Series Unknown $685k–$4.6M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $92M in 2021

Portfolio highlights

  • JiMED — JiMED designs & develops AI based brain-computer interface for implant in ALS patients to improve communication.
  • LQUOM — QWAVE offers cryptography communication technology.
  • Toregem BioPharma — Toregem BioPharma is a startup from Kyoto University that develops a treatment for congenital adentia. Toregem BioPharma is headquartered in Kyoto, Japan.
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Shogo Kawada
Angel · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

Shogo Kawada is Co-founder and Adviser of DeNA, a global Internet company focused on a social games platform, social games, e-commerce and other Web services for mobile devices and PCs.

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Investment focus

  • Industry: Software, SaaS, Mobile
  • Stage:Seed, Angel
  • Geography: Japan, United States

Investor stats

  • Total investments: 22
  • Round size: Seed $182k–$14M; Angel $254k–$709k
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Sunblaze — sunblaze is a android-based smartphone users begin to experience stability issues after one to two years of use. For example, their device may get slower or they encounter unexpected app crashes. These stability issues also lead to security vulnerabilities.SUNBLAZE OS features essential functions only, meaning it does not have any unnecessaryfunctions. This allows the system to be more stable and secure, and users are able to use it for a longer period of time.
  • IVA — IVA ensures the safety of the market towards the threat of counterfeit goods.
  • Spider Labs — Spider AF is an ad fraud detection tool that detects, blocks, and protects web advertisements from fraudulent clicks and conversions. Advertisers can easily detect fraudulent activity across published ads using centralized fraud management and advanced automation. Spider AF provides complete transparency in digital advertising, allowing advertisersto track ad placement, identify fraudulent behaviors, and analyze clean - fraud-free data.The company was founded in 2011 and is based in Tokyo, Japan.
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Gazelle Capital
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

Gazelle Capital is a venture capital and investment firm.

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Investment focus

  • Industry: Software, Apps, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Japan, China, Singapore

Investor stats

  • Total investments: 18
  • Round size: Seed $268k–$2.2M; Series A $483k–$3.5M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Zevero — Carbon Accounting Software and Services. With Zevero optimise your carbon footprint management effortlessly. Take charge of sustainability today!
  • Lingble — Jumpstart your e-commerce with Lingble: a full-service solution for companies to effortlessly sell their products globally online.
  • Vlightup — Vlightup is a technology company dedicated to enhancing security and trust in the Web3 ecosystem. Vlightup develops innovative solutions that integrate blockchain technology to create transparent and fair digital economic infrastructures. Vlightup continues to develop cutting-edge technologies that reinforce digital security, empowering users toengage in blockchain transactions.
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FFG Venture Business Partners
VC Fund · Fukuoka, Fukuoka, Japan · 2 investments in Japan B2B startups

FFG Venture Business Partners is a large-scale enterprise that offers in traditional regional bank venture capital.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Venture - Series Unknown, Seed
  • Geography: Japan, Indonesia, United States

Investor stats

  • Total investments: 87
  • Round size: Seed $706k–$50M; Series A $1.2M–$8.9M; Venture - Series Unknown $547k–$10M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — raised $46M in 2020

Portfolio highlights

  • MW — MW is a smart home solution company that develops smart residential physical AI, robotics, and home design services.
  • InsightX — InsightX is a technology platform focused on empowering businesses by simplifying complex processes and enabling smarter, more personalized user experiences.
  • Neusignal Therapeutics — Neusignal Therapeutics is a medical company that develops therapeutic medicines for dementia and psychiatric illnesses.
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aSTART
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

aSTART is a venture capital firm that invests in tech companies. The firm invest in companies that have the potential to develop new services, contents, products and technologies by making full use of advanced technologies in each field

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Investment focus

  • Industry: Aerospace, Information Technology, B2B
  • Stage:Seed, Series C, Series A
  • Geography: Japan

Investor stats

  • Total investments: 20
  • Round size: Seed $308k–$27M; Series A $1.5M–$80M; Series C $3.1M–$44M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $569M in 2020

Portfolio highlights

  • Pale Blue — Water propulsion systems for sustainable space development
  • ZeamiCyberSecurity — ZeamiCyberSecurity develops and provides enterprise cybersecurity software as a service. The company offers Zeami Intelligence, a browser-based security intelligence platform that serves as a next-generation foundation for managing security information. Its services focus on helping organizations understand and monitor their security posture andinternal environments. ZeamiCyberSecurity targets enterprise customers that require structured security intelligence to support internal risk management and defense operations. The company delivers its offerings as SaaS, enabling deployment and use through standard web browsers.
  • Oceanic Constellations, Inc — Oceanic Constellations empowers ocean visualization with a network of autonomous surface drones and advanced marine monitoring technology.
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YJ Capital
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

YJ Capital is a Corporate Venture Capital of Yahoo Japan. Our value is to help global minded entrepreneurs build successful and lasting internet companies. We invest in all stages, all sectors in Asia, US and Israel.YJ Capital has a unique access to Yahoo Japan's operational experience and unparalleled Japan market entry support. Oursole LP allows us to focus only on our portfolio companies and make fast decision making.

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Investment focus

  • Industry: Software, Information Technology, Content
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: Japan, United States, Indonesia

Investor stats

  • Total investments: 115
  • Round size: Seed $63k–$7.1M; Series A $1.8M–$47M; Venture - Series Unknown $2.3M–$33M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $180M in 2018

Portfolio highlights

  • Brhino — Brhino provides planning, development, and management of web services. The company's product, Monokabu, is a site where people can buy and sell sneakers and things like stock. Brhino is headquartered in Tokyo, Japan.
  • LEAN BODY — Lean Body is an online platform for fitness videos.
  • Stacked — Stacked is a new membership platform where fans get the most out of their support for creators.
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 2 investments in Japan B2B startups

Our former entity “IMJ Investment Partners” was established in 2012 by IMJ Corporation (“IMJ”), a major digital marketing company, as an independent venture capital subsidiary in Japan. After IMJ was acquired by Culture Convenience Club (“CCC”) in 2013, we continued our investment activities independently, and eventually relocated our office toSingapore to change our strategy and start a venture capital fund for the Southeast Asia market. In 2015, we established the Japan office and started a venture capital fund for the Japanese market.In tandem with the expansion of our business, we left the CCC Group, changed our name to “Spiral Ventures” in 2017, and made a fresh start as an independent venture capital firm.taken from https://spiral-ventures.com/en/group-info/

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Investment focus

  • Industry: E-Commerce, Information Technology, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 104
  • Round size: Seed $500k–$4M; Series A $1.4M–$9.3M; Series B $2.9M–$30M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $64M in 2018

Portfolio highlights

  • Fragaria — Discover innovative farming practices and high-quality, year-round fruits in India with Fragaria's advanced agricultural technology.
  • SPUN — The most reliable online visa platform in Indonesia with 24/7 dedicated assistance and money-back guarantee.
  • Pruv Finance — The foundational layer for institutional-grade tokenization, bridging multichain ecosystems with DeFi-ready assets.
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Nissay Capital
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

Nissay Capital is a venture capital Company specializing in seed, start-up, growth capital, middle stage, and later stage investment.

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Investment focus

  • Industry: Health Care, Information Technology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, United States, Ethiopia

Investor stats

  • Total investments: 296
  • Round size: Seed $457k–$21M; Series A $1.3M–$28M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $92M in 2019

Portfolio highlights

  • OptQC — OptQC commercializes cutting-edge optical quantum computing technologies developed by the Furusawa-Endo Laboratory. Because optical quantum computers are more scalable than superconducting and other quantum computing implementations, OptQC's optical quantum computers should reach this scale. They also have benefits like faster processing andreduced power consumption, which makes optical quantum computers a possible long-term pinnacle of quantum technology.
  • Zeal Boxing Fitness — Zeal Boxing Fitness combines power of sports with the power of technology to provide a service that allows to enjoy fitness.
  • Fabric Tokyo — FABRIC TOKYO is a Japanese startup provides a direct-to-consumer custom-made apparel brand. (former-company name Lifestyle Design Co., Ltd.). It enables customers to save their sizes, idea fabrics, and favorite designs, allowing them to make their original clothing later.FABRIC TOKYO was founded in 2012 by Yuichiro Mori and is based in Tokyo,Japan.
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Christine Herron
Angel · San Francisco, California, United States · 2 investments in Japan B2B startups

Christine Herron is an early-stage investor and diversity advocate, and co-leads the Intel Capital Diversity Fund while leading investments in early-stage companies. She is responsible for diversity investing across Intel Capital sectors, to support technology companies founded or run by women, underrepresented minorities, LGBTQ, or veterans. AtIntel, Christine's direct portfolio includes 500 Friends (ACQ: Merkle), betaworks, Brit Media, E la Carte, Funders Club, Goldbely, Jelli, Movable Ink, SmartZip, Storenvy (ACQ: OpenSky), Two Bit Circus, and Yummly (ACQ: WHR), and Intel Education Accelerator companies Comprendio, Immersed Games, Sutori, and Vidcode.Previously, Christine was an investor with seed stage venture fund First Round Capital, working with Better Finance, Double Verify, Get Satisfaction (ACQ: Sprinklr), Mint (ACQ: INTU), and Xobni (ACQ: YHOO). At Omidyar Network, she developed the Media and Web 2.0 practice strategy and led deals such as Common Sense Media and Socialtext.At Geocapital Partners, Christine focused on early Internet and network technology, leading Series A funding for AXON Networks (ACQ: 3COM), D-Vision (ACQ: ADSK), FocusVision (MBO), Netcom (IPO: NETC), and ViaGrafix (IPO: VIAX). Christine was also a founder or early employee at GiftWorks (ACQ: FrontStream), Mercury2, and NetObjects (IPO: NETC).Christine earned an MBA from Stanford University and a BA from Columbia University. She is a founding advisor or mentor to 500 Startups, Bullpen Capital, and StartX, and serves on Alonzo King's LINES Ballet Board of Directors. She is active on @christine and a frequent speaker.

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Investment focus

  • Industry: E-Commerce, Social Media, Personalization
  • Stage:Seed, Series A, Series B
  • Geography: United States, Japan

Investor stats

  • Total investments: 23
  • Round size: Seed $1.3M–$3M; Series A $4M–$10M; Series B $10M–$21M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Roominate — Playing with the W77 online game site can certainly produce crazy jackpots to riches
  • Soldsie — Soldsie (formerly Centrally) is a payment system enabling merchants to monetize their Facebook page by allowing customers to purchase through comments.Customers register their payment information with Soldsie, and then comment on stores’ pages, channels and feeds to activate a charge to their account, and initiate the shipping process.Merchants use the Soldsie administrative dashboard track and manage inventory and shipping, and experience increased user comments, views and viral shares.
  • Tokyo Otaku Mode — The ultimate online destination for fans of Japanese pop culture.
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Japan Finance Corporation
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups, 64 in the past 12 months

Japan Finance provides a diversified portfolio of financial services to the small and medium enterprise sector.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Debt Financing, Seed, Venture - Series Unknown
  • Geography: Japan, Kenya, Hong Kong

Investor stats

  • Total investments: 363
  • Round size: Seed $281k–$1.6M; Debt Financing $212k–$13M; Venture - Series Unknown $635k–$11M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • HERP — HERP is a recruitment management platform.
  • Craif — Icaria's mission is to create a new society in which people will not lose their lives by using urine tests to provide "early, painless and accurate early diagnosis of cancer."It is known that detecting cancer early increases the survival rate 5 to 10 times and greatly improves the prognosis. However, it is not unusual for manycancers to have no subjective symptoms, and when they become aware they have progressed to a stage where treatment is impossible. The most effective way to detect cancer at an early stage that can be treated is to have regular and high-precision cancer diagnosis, but existing cancer diagnosis is painful and However, many of them are not accurate enough and are not suitable for regular diagnosis and early stage diagnosis.
  • Sincecore — Sincecore is a regtech and corporate governance company. It develops and operates a dialogue governance platform designed to standardize and support corporate compliance operations.
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Monex Ventures
VC Fund · Minato, Chiba, Japan · 2 investments in Japan B2B startups

Monex Ventures is a venture capital firm based in Japan that finances seed and early stage investments in startup companies.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, China

Investor stats

  • Total investments: 96
  • Round size: Seed $318k–$5.7M; Series A $1M–$17M; Venture - Series Unknown $473k–$2.2M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • HEAL-lll — HEAL-lll is a multifaceted firm that merges healthcare, technology, and gamification to promote individual and organizational well-being.
  • Pale Blue — Water propulsion systems for sustainable space development
  • Rise — Rise is a credit-led platform that enables underserved consumers to access installment-based purchasing power.
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Incubate Fund
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

Incubate Fund is an independent early-stage venture capital that specializes in providing capital to technology startups at the seed stage. The firm built a portfolio of over 300 companies in Asia, taking 12 companies to public and 20 companies to M&A exit since 2010.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 362
  • Round size: Seed $317k–$10M; Series A $2M–$20M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $127M in 2024

Portfolio highlights

  • Akari Hosho — Akari Hosho provides a group of trusted professionals, including lawyers and judicial scriveners. Akari Hosho provides a guarantee service.
  • Black Cat Carnival — Black Cat Carnival Inc. is a communication service development company.
  • Carbon CryoCapture — Carbon CryoCapture specializes in the carbon dioxide separation systems aimed at creating economically viable, energy-efficient, and genuinely sustainable CO2 separation and recovery technologies. The company is dedicated to deploying cost-effective, efficient systems for CO2 capture that integrate smoothly with current infrastructures, all whileenhancing energy consumption and production. This enables clients to attain zero emissions throughout the development and application of resources.
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Agribusiness Investment Development
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

Agribusiness Investment Development is a venture capital firm that offers agriculture investment for agricultural corporations. It was established in 2002 and is based in Tokyo, Japan.

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Investment focus

  • Industry: Food and Beverage, Agriculture, Manufacturing
  • Stage:Series A, Series B, Seed
  • Geography: Japan

Investor stats

  • Total investments: 19
  • Round size: Seed $1.4M–$1.4M; Series A $1.6M–$31M; Series B $2.6M–$12M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Ukka — Ukka is a Creating the ideal form of food and agriculture.
  • KAICO — KAICO is a pharmaceuticals, diagnostic drugs production company.
  • Newlocal — Newlocal offers planning, development, and consulting services related to real estate, construction, and community development sectors.
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Venture United
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

Venture United is a provider of venture capital for entrepreneurs, especially for internet-related businesses.

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Investment focus

  • Industry: Software, Travel, Apps
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan

Investor stats

  • Total investments: 50
  • Round size: Seed $82k–$21M; Series A $354k–$1.9M; Venture - Series Unknown $440k–$1.8M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • Zest — ZEST is an IT firm that offers consulting and management support services to its clients. It is based in Tokyo.
  • FamiOne — FamiOne is creating a society that will support the future of couples who want to receive children.
  • Meetcareer — Meetcareer offers a career programme. The users can understand their strengths and make use of them. The company identifies organizational issues for clients to investigate further, as well as issues based on hidden real intentions. The services help users consult with a professional career counsellor online and offer a text programme that isconducted by email, enabling clients to solve career development problems.
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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan B2B startups

Genesia Ventures is a venture capital firm focused on seed/early stage startups in Japan and Southeast Asia. Since it's inception in Dec 2016, Genesia Ventures has invested in over 90 companies in Japan, Indonesia, Vietnam, Singapore and the US. Genesia Ventures invests in various sectors: SaaS, marketplace, Media, Finance, Insurance,RealEstate, Healthcare, Medical, Travel, Education, Manufacturing, Construction, HR, Agriculture, Sports, Retail, Entertainment, etc.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Vietnam, Indonesia

Investor stats

  • Total investments: 238
  • Round size: Seed $462k–$4.8M; Series A $1.2M–$11M; Venture - Series Unknown $404k–$2.1M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $110M in 2022

Portfolio highlights

  • Taian — Taian, which specializes in bridal industry services and software. They also provide ''Concept Marry,'' which allows couples to design invites and seating charts that match their wedding theme, as well as display guest information on Oiwaii.
  • AI Mage — AI Mage is an IT company that provides AI solutions for anime production business industries.
  • Umami United — Umami United is a plant-based food brand with unique focus on Japanese food technologies and traditional ingredients to make delicious and healthy food to unite people at one table. The wide lineups are designed to be vegan-friendly, buddhist friendly, and halal friendly for all.
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Lotte Ventures Japan
VC Fund · Nishi, Tokyo, Japan · 2 investments in Japan B2B startups

Lotte Ventures Japan supports and collaborates with businesses that embrace challenges and strive to build a better society in the future.

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Investment focus

  • Industry: Food and Beverage, Restaurants, B2B
  • Stage:Seed, Series A
  • Geography: Japan

Investor stats

  • Total investments: 16
  • Round size: Seed $621k–$1.4M; Series A $2M–$4.4M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • CoA Nexus — CoA Nexus develops and operates a skillshare matching platform for human resource research and development.
  • Minnano Shashoku — Minnano Shashoku is a company cafeteria service based on restaurants and provides offices with daily and weekly menus.
  • Crisp — CRISP SALAD WORKS offers a focused menu of signature salads and grains made from fresh, high-quality raw ingredients, prepared using classic cooking methods on-site.
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Primal Capital
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

Primal Capital, an independent venture capital " incubator bait fund at ", served as the Associate than July 2012 Hiroshi was Sasaki is the venture capital fund that serves as the representative partner. Representative of Sasaki, the seed acceleration program "Incubate Camp" operated by Incubate bait fund is carried out a totalof four times of planning and management than in 2012, They have also engaged in support operations of portfolio companies. - See more at: https://www.crunchbase.com/organization/primal-capital#sthash.m2z1DCbt.dpuf

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Venture - Series Unknown
  • Geography: Japan, Spain, Switzerland

Investor stats

  • Total investments: 32
  • Round size: Seed $768k–$18M; Venture - Series Unknown $415k–$17M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $42M in 2014

Portfolio highlights

  • Gatebox — It is a research laboratory beyond dimension" which is researching and developing to realize "a world where you can live with a character". Therefore, Gatebox Co., Ltd. refers to itself as "Gatebox Lab" and conducts research and development beyond dimension in the area of ​​Akihabara day and night. Dreaming that day,coming to meet beyond dimension.
  • RemitAid — RemitAid is a fintech company that operates an overseas payment platform for cross-border transactions between companies.
  • Bizibl Technologies — Bizibl Technologies provides SaaS services for recruitment events.
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Recruit Strategic Partners
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

Recruit Strategic Partners is a venture capital firm that invests in innovative startups from all around the world. It is a corporate venture capital arm of Recruit Holdings that seeks to invest in education and financial technology, digital healthcare, and infrastructure sectors. It was established in 2008 and is headquartered in Tokyo, Japan.

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Investment focus

  • Industry: E-Commerce, Software, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United States, Japan, India

Investor stats

  • Total investments: 71
  • Round size: Seed $100k–$8.5M; Series A $3M–$57M; Series B $6M–$33M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $25M in 2019

Portfolio highlights

  • Blacklane — Blacklane is the global chauffeur service that offers safety, sustainability, and stress-free travel. Since 2017, the company has been carbon-neutral, combining a five-star guest experience with care for the planet. The customers can book their travels using Blacklane’s mobile app or website.Blacklane was co-founded by Jens Wohltorf and FrankSteuer and is headquartered in Berlin, Germany.
  • Steady — Home Page Steady Your Income Home Page Steady Your Income Home Page Steady Your Income
  • ZenBusiness — Start a new business today for $0 or grow your existing business with the ZenBusiness platform. Get to your first dollar faster without the stress.
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Spiral Capital
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups, 13 in the past 12 months

Spiral Capital is a venture capital fund.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Series A, Series B, Seed
  • Geography: Japan, United Kingdom

Investor stats

  • Total investments: 109
  • Round size: Seed $768k–$9.7M; Series A $1.1M–$63M; Series B $5.7M–$47M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $92M in 2020

Portfolio highlights

  • WAKA — WAKA is a studio that produces metaverse games and specializes in contract development for domestic businesses.
  • Mozu — MOZU operates a construction materials procurement platform.
  • AZUL Energy — AZUL Energy is a next-generation energy device that improves air battery performance, develops air battery-related products, and proposes eco-friendly and comfortable new lifestyles. They discovered that a catalyst electrode containing one of these pigments performed better than platinum carbon or existing catalyst electrode materials.
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GMO VenturePartners
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

An investment that restructures the value and quality.Supplying big capital is not an essential value of our firm.We have a strong attitude to input and drive critical thinking behind a new startup.After the problem is clarified and solution become established in the world,people could not imagine the society without that solution.An investment that innovates this world.We will become a real partner to execute the strategy together.INVENTION OF THE ESSENCE ----we will keep on doing it.

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Investment focus

  • Industry: FinTech, Financial Services, Finance
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 164
  • Round size: Seed $1.3M–$71M; Series A $2M–$41M; Series B $5.2M–$170M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — raised $415M in 2018

Portfolio highlights

  • Balus — Balus provides motion capture, Unity systems, and AR live permanent venues.The company provides character content infrastructure using real-time animation, we also support the production of original content. Balus provides the necessary technology for event planning, casting, VR events, recording and creation of production images, real-timemotion capture during live events, real-time transmission, event management, and systems that allow users to participate in the production.
  • Aperza — Aperza's mission is to contribute to redesigning the manufacturing industry by eliminating three barriers in the industry which are the barrier of information, transaction and communication which most of companies and people often face in this industry.Manufacturing industry is Japanese core industry. We would like to contribute to therebirth of this industry by those activities such as supporting those companies who challenges the global market and supporting those start-ups who tries brand-new industry trend such as Industry 4.0, smart factory or IoT. We believe that this lead to the increase of the people in this industry, and the growth of the industry eventually.
  • Monochrome — Monochrome is creating a home operating system in order to power the next generation of energy-producing homes and roofs. The company is based in Chuo Ward, Tokyo.
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JAFCO Group
VC Fund · 1 investments in Japan B2B startups

JAFCO Group is a venture capital firm that primarily invests in domestic and foreign private companies.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Series B, Series C
  • Geography: Japan, United States

Investor stats

  • Total investments: 37
  • Round size: Series B $3.7M–$283M; Series C $3.1M–$198M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Parallel — Parallel is the hangout app where you can enjoy games, videos, music, and more with friends.
  • Blue Laser Fusion — Blue Laser Fusion is a commercial fusion company. Blue Laser Fusion is a laser startup to commercialize laser fusion by inventing its own laser and fusion reactor.
  • Nanofiber Quantum Technologies — Discover how NanoQT builds the foundation for scalable quantum computing with nanofiber cavity-QED technology and high-fidelity quantum connectivity.
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Carbide Ventures
VC Fund · 1 investments in Japan B2B startups, 6 in the past 12 months

Carbide Ventures is a venture capital firm.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Japan, United States, Canada

Investor stats

  • Total investments: 24
  • Round size: Seed $623k–$7.5M; Series A $535k–$16M; Series B $3.3M–$25M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • zypl.ai — We help financial institutions, government entities make more accurate decisions
  • Lakefusion.ai — We are the only MDM platform that is specifically designed for Medallion. Our technology is centered around adopting the speed and scale of Databricks using their native platform. In addition, our engineers have been born and raised with Delta Lake and have implemented many with customers enabling them to understand the nitty gritty details of theDatabricks platform.
  • Magic Shields — Magic Shields is a manufacturer and seller of floors, nursing care, and welfare products.
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Scrum Ventures
VC Fund · San Francisco, California, United States · 1 investments in Japan B2B startups

Scrum Ventures is an early-stage venture firm that has invested in over 80 startups across a range of industries in the U.S. and Japan. Based in San Francisco with extensive experience and networks in both Silicon Valley and Japan, Scrum Ventures accelerates portfolio companies with global opportunities. Scrum Studios is reinventing the traditional accelerator -- taking a stage-agnostic approach in connecting best-in-class startups with leading Japanese corporations.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Japan, China

Investor stats

  • Total investments: 140
  • Round size: Seed $1.3M–$9.7M; Series A $6M–$31M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • BiPSEE — BiPSEE is a medical XR company that provides treatment support for children for the purpose of nurturing a sense of self-efficacy. They also deploy AR and VR animation with one button dentistry and medicine, whether outpatient or hospitalized in various situations your child's anxiety and pain relieve. It aims to reduce anxiety and pain inchildren in a wide range of medical fields such as dentistry, pediatrics, and dermatology.BiPSEE is abs ed in Tokyo, Japan.
  • SEQUENTIAL — 5,971 Followers, 1,054 Following, 268 Posts - See Instagram photos and videos from Sequential Skin (@sequential.skin)
  • Lume Health — Lume Health helps you balance cortisol and circadian rhythms with hormone-monitoring wearables for better sleep, stress resilience & daily energy.
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Yamauchi-No.10 Family Office
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

We are Yamauchi-No.10 Family Office. Our mission is making a contribution to the society through our activities.

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Investment focus

  • Industry: Information Technology, Aerospace, Space Travel
  • Stage:Series A, Series F, Series B
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 9
  • Round size: Series A $16M–$41M; Series F $109M–$230M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • WorkIndia — Our Vision: Work India’s vision is to provide sustainable livelihoods for the 23.7 Cr blue-collar individuals of India and now the 120 Cr blue-collar individuals in this World.WorkIndia is a technology venture based in the mixed collar space (between white and blue-collar space) of the recruitment industry. We aim to connect the right employersto the right employees.In the mixed collar space ( bpo jobs, delivery jobs, accountant jobs, retail jobs, back-office jobs, etc.) getting jobs in thane and getting employees in thane both is a tiresome process. The mixed collar space seeks a solution that simplifies the process for both the employer side and the employee side.Our Product: We have created a mobile application for candidates to apply for the job they would like to do and for Employers who seek their desired candidates. Candidates with this app can look for a suitable job and apply for it in a single click. Rest all the work of checking the eligibility of an employee until scheduling the interview is done by our 100% automated product.
  • Decart — We are an AI research lab building Live AI models and an ultra-fast infrastructure to power them
  • Gardens — Founded by designers of such award-winning indie titles as Journey, What Remains of Edith Finch, Dustforce, Blaseball, and more, Gardens Interactive is a game studio focused on the future of online play, growing lush, living spaces that need to be cared for by their communities, and fostering meaningful, memorable stories between players around theworld.
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Hirogin Capital Partners
VC Fund · Hiroshima-shi, Hiroshima, Japan · 1 investments in Japan B2B startups

Hirogin Capital Partners provides financial support through equity finance and management support centered on temporary staffing.

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Investment focus

  • Industry: Carbon Capture, Environmental Consulting
  • Stage:Series A
  • Geography: Japan

Investor stats

  • Total investments: 2
  • Lead/follow: no public data

Portfolio highlights

  • ByWill — ByWill creates and distributes environmental value while eventually becoming carbon neutral.
  • Medigle — Medigle is a consulting firm that provides medical consulting and B2B services.
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West Japan Railway
VC Fund · Osaka, Osaka, Japan · 1 investments in Japan B2B startups

West Japan Railway is one of the Japan Railways Group that operates in Western Honshu. The company is founded April 1, 1987, and is headquartered in Osaka, Japan.

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Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Newlocal — Newlocal offers planning, development, and consulting services related to real estate, construction, and community development sectors.
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JMTC Capital
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

JMTC Capital (JMTCキャピタル) is the venture capital arm of Japan Material Technologies Corporation. It focuses on investments in R&D-oriented hardware startups in areas such as robotics, drones, personal mobility, wearables, AR/VR, and sensing.

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Investment focus

  • Industry: Robotics, Environmental Consulting, Medical Device
  • Stage:Series C, Series A
  • Geography: Japan, United States

Investor stats

  • Total investments: 12
  • Lead/follow: no public data

Portfolio highlights

  • F.MED — F.MED is a manufacturing company that designs and develops robotic microsurgical devices for the healthcare industry.
  • BioPhenoMA — BioPhenoMA develops an AI-powered platform for detecting ultra-trace proteins that helps accelerate new drug discovery phases.
  • Spiral — Spiral is a game changer in providing autonomous drone solutions for indoor environments, most notably during non-GPS situations.
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Ikemori Venture Support
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

Ikemori Venture Support is an early-stage startup funding firm.

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Investment focus

  • Industry: Finance, Manufacturing, Task Management
  • Stage:Seed, Series A
  • Geography: Japan, India, Kenya

Investor stats

  • Total investments: 13
  • Round size: Seed $3M–$11M; Series A $5.3M–$7.8M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Mysa — Mysa is a unified finance and banking platform that automates bill payments, smart banking, AI-driven accounting, expense management, and treasury services for businesses.
  • NOMU — NOMU provides the personalized drinking experience with its proprietary reusable cup drink machine.
  • Mamy Eyewear — We offer high quality, stylish and affodable eyeglasses and sunglasses. Visit our branches in Nairobi and get your free eye-test.
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Vela Partners
VC Fund · San Francisco, California, United States · 1 investments in Japan B2B startups

Vela Partners is an AI-enabled venture investor based in San Francisco.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: United States, Germany, Japan

Investor stats

  • Total investments: 59
  • Round size: Seed $1.9M–$15M; Series A $6.3M–$32M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • ReFiBuy — The NC Tweener Fund, Powered by NC IDEA strategy is to build an index: smaller investments in a relatively large number of NC-based companies. At the current fund size, this translates to 10-15 investments a quarter, or 40-60 a year.
  • Mirelo AI — Mirelo AI offers AI-driven tools that generate custom sound effects and music to match video content through upload or API integration. It enables users to produce synced audio from silent footage and refine or edit audio tracks with an intuitive online editor. The platform also provides APIs and model fine-tuning options that let other productsembed its video-to-sound capabilities directly into their workflows. Mirelo’s technology is based on proprietary AI models designed to interpret visual media and automatically generate corresponding audio elements. The company sources and processes input files to output audio that aligns with visual action and creative intent.
  • Pensieve —
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Spiral Regional Innovation Fund
VC Fund · 1 investments in Japan B2B startups

Spiral Regional Innovation Fund is an investment fund.

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Investment focus

  • Industry: Artificial Intelligence, Apps, Robotics
  • Stage:Series B, Seed, Series A
  • Geography: Japan

Investor stats

  • Total investments: 20
  • Round size: Seed $2.1M–$27M; Series A $1.4M–$6.7M; Series B $1.6M–$24M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Lisse — Lisse offers legal business innovation through the use of AI.
  • MW — MW is a smart home solution company that develops smart residential physical AI, robotics, and home design services.
  • SAKANA Dream — Japanese fish and its cuisine are a treasure of Japan, On the other hand, the variety of fish consumed on a daily basis accounts for less than 1% of all fish living in Japanese waters. Although there are many underutilized fish that surpass the well-known fish, they are even discarded due to unstable catches and lack of name recognition. Aquaculture can provide a stable supply, however, it is not easy to keep fish in a small water cage and only a limited number of fish are delivered to the market. We, SAKANA Dream, select the most delicious fish from over 4,000 species in Japan, and make it possible to farm and produce them using the cutting edge technology. Our goal is to create the "world's most delicious fish" that no one has ever tasted before and deliver it to our customers.
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D4V
VC Fund · Minato, Chiba, Japan · 1 investments in Japan B2B startups, 6 in the past 12 months

D4V (Design for Ventures) is a Tokyo-based early-stage venture capital firm that invests in disruptive, consumer and enterprise technology startups.

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Investment focus

  • Industry: Software, Financial Services, Apps
  • Stage:Seed, Series A
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 80
  • Round size: Seed $992k–$33M; Series A $2.5M–$89M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $687M in 2018

Portfolio highlights

  • Dioseve — Dioseve is providing novel possibilities for all life.
  • Yuimedi — Yuimedi acquires, investigate, analyze medical data and provides accurate solutions.
  • Free Standard —
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Mitsubishi UFJ
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

We have the largest domestic and global customer base of any Japanese bank, consisting of a network of 500 offices in Japan and 40 other countries. We apply our values of integrity and responsibility by contributing to the improvement of the economic and social infrastructure wherever we do business.Our portfolio includes 40 million retailbanking accounts and 500,000 corporate customers. The extensive network that this represents is itself a valuable component of our financial role as part of the global social infrastructure.

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Investment focus

  • Industry: Financial Services, Artificial Intelligence, Information Technology
  • Stage:Debt Financing, Series A
  • Geography: Japan, United States, Malaysia

Investor stats

  • Total investments: 30
  • Lead/follow: no public data

Portfolio highlights

  • Tryeting — TRYETING provides an AI platform that integrates various types of software. One of the strengths of the company is materials informatics, a field that applies the techniques of informatics, such as AI and big data, to materials. This approach can significantly speed the development of new materials.
  • HelloWorld — EdTech, International Exchange between Schools
  • Japan Culture and Technology — Japan Culture and Technology assists artists and craftspeople in expanding their activities by providing IT support.
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Kyoto Capital Partners
VC Fund · Kyoto, Kyoto, Japan · 1 investments in Japan B2B startups, 6 in the past 12 months

Kyoto Capital Partners is an investment company affiliated with the Bank of Kyoto.

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Investment focus

  • Industry: Retail, Medical, Elder Care
  • Stage:Series C
  • Geography: Japan

Investor stats

  • Total investments: 16
  • Lead/follow: no public data

Portfolio highlights

  • Mui Lab — Mui is an aesthetically-pleasing wooden IoT device connected to a cloud service. By accessing information through natural wood, we can rethink a new type of lifestyle.
  • Cizucu — Cizucu is a stock photo community that helps creators and brands to create photos.
  • Xperisus — Xperisus provides solutions to government agencies and local governments, such as support for the development of value-added experiences.
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Sansan
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

Build your own company-wide business card-based contact network, uncover hidden opportunities, integrate with Salesforce, increase efficiency and make deals. Download a brochure or get in touch with us.

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Investment focus

  • Industry: SaaS, B2B, Legal
  • Stage:Seed, Series A, Series C
  • Geography: Japan, Indonesia

Investor stats

  • Total investments: 8
  • Round size: Seed $1.6M–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Lisse — Lisse offers legal business innovation through the use of AI.
  • Monit — Monit menggabungkan manajemen kas, pembayaran bisnis, kontrol pengeluaran, dan kartu kredit korporat dalam satu pengalaman terintegrasi
  • Pickleball One — Pickleball one is to become an enabler of the pickleball industry , spreading the joy of "Fun as one" to the world.
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Vertex Ventures Japan
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

We partner early with global-minded entrepreneurs who seek to disrupt large markets.

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Investment focus

  • Industry: B2B, Medical, Software
  • Stage:Seed
  • Geography: Japan

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • OPERe — OPERe is an IT company that specializes in the development of semi autonomous hospitalization guidance solutions.
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WASEDA University Ventures
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan B2B startups

WASEDA University Ventures (WUV) is a venture capital firm specialising in founding investments by creating new start-up companies that make use of academia and are based on "the practical application of scholarship". Our mission is to be a capitalist that implements academic knowledge and

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Investment focus

  • Industry: Laser, Commercial, Manufacturing
  • Stage:Seed, Convertible Note
  • Geography: Japan, United States

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • VETA — VETA strives to minimize friction caused by value differences in society through cutting-edge social science research.
  • Tres Alchemix — Tres Alchemix is an AI-driven biotechnology company focused on accelerating drug discovery, predicting drug efficacy, and developing novel therapeutic compounds using advanced machine learning and data-driven approaches.
  • Pestalozzi Technology — Pestalozzi Technology is a development and provision of educational products in the fields of physical education and club activities.
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B2B Investor funding in Japan at a glance

Stats across 166 deals from 248 investors.

248
investors
in Japan B2B startups
166
deals
in Japan B2B startups
$2.6M
median round
in Japan B2B startups
33%
lead investors
lead at least one round
26%
Seed
most common funding stage
89/11
VC / Angel
share of investor count

Access all 248 investors in Japan B2B startups.

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