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Top 50 Hardware Startup Investors in Japan (June 2026)

The most active venture capital funds and angel investors investing in Japan Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Japan Hardware startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Mitsubishi UFJ Capital
VC Fund
29 Japan, United States, Singapore Series A, Series B Information Technology, Software, Health Care $2M–$397M
Incubate Fund
VC Fund
29 Japan, United States, India Seed, Series A Software, Information Technology, E-Commerce $362k–$113M
SMBC Venture Capital
VC Fund
26 Japan, United States, Singapore Series A, Series B Information Technology, Health Care, Software $5M–$425M
Mizuho Capital
VC Fund
25 Japan, United States, China Series A, Series B Information Technology, Software, Internet $2.7M–$850M
Drone Fund
VC Fund
25 Japan, United States, Canada Seed, Series A Drones, Robotics, Aerospace $2M–$213M
East Ventures
VC Fund
19 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $649k–$38M
UntroD Capital
VC Fund
18 Japan, Singapore, Austria Seed, Series A Manufacturing, Biotechnology, Medical $2M–$241M
Global Brain Corporation
VC Fund
18 Japan, United States, United Kingdom Series A, Series B Software, Information Technology, Artificial Intelligence $3M–$369M
ANRI
VC Fund
15 Japan, United States, India Seed, Series A Software, Health Care, Information Technology $1M–$624M
MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
VC Fund
15 Japan, United States, India Seed, Series B Software, Information Technology, Health Care $1.6M–$198M
DNX Ventures
VC Fund
15 Japan, United States, Canada Seed, Series A, Series B Software, Information Technology, SaaS $1.5M–$255M
SBI Investment
VC Fund
15 Japan, United States, South Korea Series B, Series A Information Technology, Software, Financial Services $4.8M–$283M
UTokyo Innovation Platform
VC Fund
12 Japan, United States, United Kingdom Series A, Series B Biotechnology, Medical, Manufacturing
Innovation Network Corporation of Japan
VC Fund
12 Japan, United States, United Kingdom Series B, Series A Manufacturing, Software, Robotics $5M–$369M
UTEC - The University of Tokyo Edge Capital Partners
VC Fund
12 Japan, United States, India Seed, Series A Health Care, Biotechnology, Medical $3.1M–$85M
Real Tech Japan
VC Fund
11 Japan, Singapore, Austria Series A, Seed Manufacturing, Biotechnology, Medical $5M–$241M
Genesia Ventures
VC Fund
11 Japan, Vietnam, Indonesia Seed, Series A Information Technology, Software, Health Care $788k–$68M
DBJ Capital
VC Fund
10 Japan, United States, Australia Series A, Series B Software, Medical, Health Care $4M–$510M
Archetype Ventures
VC Fund
10 Japan, United States Seed, Series A Software, Information Technology, Artificial Intelligence $1M–$142M
STRIVE
VC Fund
10 Japan, India, Indonesia Seed, Series A Software, Internet, E-Commerce $800k–$142M
Coral Capital
VC Fund
10 Japan, United States Seed, Series A, Series B Software, Information Technology, SaaS $384k–$928M
JAFCO
VC Fund
10 Japan, United States, Israel Series A, Series B Information Technology, Software, Artificial Intelligence $2.7M–$425M
MIRAISE
VC Fund
9 Japan, United States, Estonia Seed, Pre-Seed Information Technology, Artificial Intelligence, Consulting $440k–$14M
ANOBAKA
VC Fund
9 Japan, United States, India Seed, Series A Software, Information Technology, Artificial Intelligence $522k–$99M
Nippon Venture Capital
VC Fund
9 Japan, United States Series A, Series B Software, Health Care, Medical $3M–$425M
Nissay Capital
VC Fund
9 Japan, United States, Ethiopia Seed, Series A Health Care, Information Technology, Medical $709k–$77M
Monozukuri Ventures
VC Fund
8 United States, Japan Seed, Series A Software, Hardware, Robotics $1M–$35M
UNITED
VC Fund
8 Japan, Nigeria, Indonesia Seed, Series A Apps, Software, Media and Entertainment $980k–$89M
QB Capital
VC Fund
8 Japan, Singapore, United States Seed, Series A Manufacturing, Medical, Biotechnology $641k–$400M
Mirai Creation Fund
VC Fund
8 Japan, United States, Israel Series B, Series A Robotics, Information Technology, Artificial Intelligence $4M–$369M
Energy & Environment Investment
VC Fund
8 Japan, United States, Sweden Series A, Series B Energy, Internet of Things, Software $2.4M–$553M
KDDI
VC Fund
8 Japan, United States, South Korea Series A, Series B Mobile, Software, Internet $3.3M–$950M
MIRAI SOUZOU
VC Fund
7 Japan Series A, Seed Software, Manufacturing, Robotics $1.7M–$500M
Japan Science and Technology Agency
VC Fund
7 Japan Series A, Seed Medical, Biotechnology, Manufacturing $1.7M–$255M
Kotaro Chiba
Angel
7 Japan, United States Seed, Series A Content, Information Technology, Travel $700k–$75M
Daiwa Corporate Investment
VC Fund
7 Japan, France, Singapore Series A, Seed Software, Task Management, Internet $3.1M–$99M
Glocalink
VC Fund
6 Japan, Singapore Seed, Series A Health Care, Robotics, Beauty $450k–$8.5M
BEENEXT
VC Fund
6 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, Financial Services $500k–$50M
SPARX Group
VC Fund
6 Japan, United States, United Kingdom Series B, Series A Software, Artificial Intelligence, Information Technology $17M–$425M
Japan Finance Corporation
VC Fund
6 Japan, Hong Kong Debt Financing, Seed Information Technology, Software, Artificial Intelligence $48k–$142M
Colopl Next
VC Fund
6 Japan, United States, South Korea Seed, Series A Virtual Reality, Software, E-Commerce $1M–$30M
Delight Ventures
VC Fund
6 Japan, United States, South Korea Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $429k–$500M
Hakuhodo DY Ventures
VC Fund
6 Japan, Australia, Singapore Series A, Series B Health Care, Media and Entertainment, Internet $3.6M–$156M
Keio Innovation Initiative
VC Fund
6 Japan, United Kingdom Series A, Seed Health Care, Medical, Biotechnology $1.5M–$400M
Monex Ventures
VC Fund
6 Japan, United States, China Seed, Series A Software, Financial Services, Information Technology $1M–$64M
ITOCHU Technology Ventures
VC Fund
5 Japan, United States, Belgium Series A, Series B Software, E-Commerce, Information Technology $4M–$369M
Sumitomo
VC Fund
5 Japan, United States, Israel Series B, Corporate Round Information Technology, Software, Internet $3.6M–$241M
Sumitomo Mitsui Banking Corporation
VC Fund
5 Japan, United States, India Debt Financing, Post-IPO Debt Financial Services, Energy, Information Technology $9.9M–$3B
Mitsubishi Corporation
VC Fund
5 United States, Japan, United Kingdom Corporate Round, Series A Software, Internet, Transportation $3M–$19B
Sony Innovation Fund
VC Fund
5 United States, Japan, United Kingdom Series B, Series A Artificial Intelligence, Software, Health Care
Access all 172 investors in Japan Hardware startups.

Access 48,091 investors

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

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Investor list

Mitsubishi UFJ Capital
VC Fund · Tokyo, Tokyo, Japan · 29 investments in Japan Hardware 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: 462
  • Round size: Series A $2M–$113M; Series B $6.4M–$397M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $1.4B in 2020

Portfolio highlights

  • Sotas — Sotas provides services to chemical trading companies and bridges the gap between raw material producers and consumers.
  • PartnerProp — PartnerProp is a PRM tool with outstanding potential and a wide variety of capabilities that resolves all partner business difficulties.
  • Infobox — Infobox is a sales data platform that includes every detail from market research to creating a list of companies and contacting decision-makers.
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Incubate Fund
VC Fund · Tokyo, Tokyo, Japan · 29 investments in Japan Hardware 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: 269
  • Round size: Seed $362k–$46M; Series A $5.2M–$113M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $2.4B in 2021

Portfolio highlights

  • Letara — Letara operates a space technology platform with the intention to serve a logistics network covering the solar system. The company produces hybrid propulsion engines for small spacecraft, promoting groundbreaking advances in space propulsion with high thrust, safe, and inexpensive propulsion system technology.
  • 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.
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SMBC Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 26 investments in Japan Hardware 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, Health Care, Software
  • Stage:Series A, Series B
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 485
  • Round size: Series A $5M–$170M; Series B $7.4M–$425M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Metro Weather — Metroweather is a venture from Kyoto University that develops a high-performance Doppler lidar that measures the direction and speed of wind several tens of kilometers away from minute movements of fine particles in the atmosphere. We aim to contribute to the safety of the sky by completing a three-dimensional wind map, which has never beenrealized,based on years of research at the Kyoto University Research Institute for Sustainable Areas.
  • Good News — Good News is a staffing agency that provides recruitment, public relations, and human resource management services.
  • Okuma Diamond Device — Ookuma Diamond Device Co., Ltd. | Creating a next-generation semiconductor industry from Japan, driven by the mission to support the decommissioning of Fukushima Daiichi Nuclear Power Plant.
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Mizuho Capital
VC Fund · Tokyo, Tokyo, Japan · 25 investments in Japan Hardware startups

Mizuho is the venture capital firm affiliated to Mizuho Bank, the second-largest Japanese bank in terms of assets. The firm has headquarters in Tokyo.The firm has ¥49.6 billion JPY under management, focusing on information technology and biotechnology investments. Over 600 Mizuho companies have gone public. According to Nikkei, Mizuho is thefifth-largest venture capital firm in Japan.Mizuho Capital was formed in 2002 by the merger of Fujigin Capital, Tokyo Venture Capital and IBJ Investment. Three firms were subsidiaries of Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan respectively.

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Investment focus

  • Industry: Information Technology, Software, Internet
  • Stage:Series A, Series B
  • Geography: Japan, United States, China

Investor stats

  • Total investments: 418
  • Round size: Series A $2.7M–$156M; Series B $3.8M–$850M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — raised $1.4B in 2020

Portfolio highlights

  • Logiless — Logiless is a cloud type all-in-one software dedicated to net shop. Since both orders and stocks can be managed together in a logical manner, efficiency of operations can be realized at low cost.
  • ARCS — ARCS specializes in developing assisted reproductive medical devices using robotics and artificial intelligence technology.
  • OpenHeart — OpenHeart is a provider of the tactile 3D platform.
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Drone Fund
VC Fund · Tokyo, Tokyo, Japan · 25 investments in Japan Hardware startups

Drone Fund is a venture capital firm that provides supports in IP strategy, innovative planning, and drone policy. It offers capital investment and financing and aims to create a Drone Ecosystem where LPs and startups can benefit from membership within the Drone Fund.

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Investment focus

  • Industry: Drones, Robotics, Aerospace
  • Stage:Seed, Series A
  • Geography: Japan, United States, Canada

Investor stats

  • Total investments: 70
  • Round size: Seed $2.2M–$18M; Series A $2M–$213M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2020

Portfolio highlights

  • Metro Weather — Metroweather is a venture from Kyoto University that develops a high-performance Doppler lidar that measures the direction and speed of wind several tens of kilometers away from minute movements of fine particles in the atmosphere. We aim to contribute to the safety of the sky by completing a three-dimensional wind map, which has never beenrealized,based on years of research at the Kyoto University Research Institute for Sustainable Areas.
  • SORA Technology — SORA Technology builds and operates health care and public health infrastructure utilizing drones and their operational management systems.
  • Japan Wind Tunnel Manufacturing — JAPAN FUDO is a company that develops and manufactures new products related to wind, such as the world's most compact wind tunnel "Aero Optim" series and double propeller wind turbines.
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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 19 investments in Japan Hardware 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: 444
  • Round size: Seed $649k–$18M; Series A $2.1M–$38M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Base — Personalized skincare formulated
  • Anyplace — Find furnished accommodations to rent for a month or longer. Choose apartments catered for remote work with an equipped home office and high-speed internet.
  • Moi — Moi Corporation was founded to deliver on the promise of the Twitcasting social live streaming platform. We developed Twitcasting to enable people to stream and share live video anytime, anywhere - connecting the world in real-time. TwitCasting provides a live streaming social platform that enables real-time chat between broacasters andviewers, through apps or desktop. Users can follow their favorite broadcasters and receive notifications when new a new live stream is about to start. Broadcasters can save and publish their live streams for later viewing.In early 2014 we added "Collabo" to Twitcasting, enabling as many as 6 users to broadcast together, in a single display. Viewers can join a broadcast that is already streaming live and broadcast together. It is the first app to support multi-device broadcasting in a single stream on mobile and PC. Our user base has doubled every year, and hit 7.5 million in September, 2014. While the largest part of our base is in Asia, users in US, Brazil, Mexico and other Latin American countries are now growing rapidly. About 70% of our users are under 25 years old, & approximately 95% of broadcasters shoot on mobile. 
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UntroD Capital
VC Fund · Sumida, Tokyo, Japan · 18 investments in Japan Hardware startups

UntroD Capital is an R&D-based innovative technology that specializes in social implementation.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, Singapore, Austria

Investor stats

  • Total investments: 119
  • Round size: Seed $2M–$43M; Series A $2.1M–$241M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • CastBio — Castbio specializes in antibody-drug conjugate-based drug discovery research and development. Along with medications, it also creates research reagents, medical equipment, in vitro diagnostic items, and offers drug discovery consulting.
  • Illumi Medical — Illumi Medical is a manufacturing company that produces medical equipment and devices for the healthcare sector.
  • Reborna Biosciences — Reborna Biosciences provides research and development in the field of genetic diseases. The company develops therapeutic options for area of unmet medical needs in genetic rare disease. The company's technology enables low-molecular compounds to target ribonucleic acid. The company provides new disease-modifying drugs for patients sufferingfrom rare genetic diseases including spinal muscular atrophy.
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Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 18 investments in Japan Hardware 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: 509
  • Round size: Series A $3M–$142M; Series B $4M–$369M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Near Intelligence — Near, the world’s largest source of intelligence on People, Places, and Products is the global leader in Data Intelligence empowering organizations of all sizes to make smart, strategic decisions delivering optimal business performance. We unite Marketers and Operational data leaders by providing the most accurate, reliable source of data thatdelivers actionable insights on People, Places, and Products in both the physical and digital space.Near is backed by leading investors including Sequoia Capital, JP Morgan Private Equity Group, Cisco Investments and Telstra Ventures. Visit www.near.com to find out more.
  • Otetsutabi — Otetsutabi is a regional revitalization platform that offers the opportunity for participants to help at accommodations and breweries in rural areas that struggle with seasonal labor shortages. The locals offer transportation expenses and places to stay in return, so participants can travel to the areas with ease.
  • Supercritical — We partner with industry to move and think beyond fossil fuels with innovative clean technology solutions.
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ANRI
VC Fund · Tokyo, Tokyo, Japan · 15 investments in Japan Hardware 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, Health Care, Information Technology
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 236
  • Round size: Seed $1M–$94M; Series A $6.1M–$624M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: Likely still investing — raised $102M in 2022

Portfolio highlights

  • 3S — 3S is a SaaS developer platform that provides and operates 24-hour home nursing care services through technology.
  • Chaintope — Chaintope is specializes in blockchain technology with a focus for FinTech and non-FinTech sectors.
  • Mirai no Genba — Mirai no Genba is an IT company that offers AI form creation, input assist, data analytics,and visualization services.
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MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
VC Fund · Tokyo, Tokyo, Japan · 15 investments in Japan Hardware 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: 202
  • Round size: Seed $1.6M–$56M; Series B $1.8M–$198M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: Likely still investing — raised $1.4B in 2021

Portfolio highlights

  • Pale Blue — Water propulsion systems for sustainable space development
  • SPACER — SPACER is a 24-hour handover IoT locker that can open and close doors with a smartphone.
  • Gaudi Clinical — Gaudi Clinical is a health care firm that engages in regenerative medicine outsourcing and cell processing contract establishments.
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Access 48,091 investors

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

Browse database — It's Free!
DNX Ventures
VC Fund · San Mateo, California, United States · 15 investments in Japan Hardware 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: 278
  • Round size: Seed $1.5M–$25M; Series A $6.3M–$128M; Series B $6M–$255M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Banzai — Leverage Banzai's event solutions to transform your bored registrants into paying customers. Learn more about Reach and Demio today.
  • Siftery — Siftery is a database of sorts where companies list their software stacks. Siftery compares companies with similar stacks and looks for differences to make some recommendations.
  • SecureNavi — SecureNavi offers automation tools for the information security management system. It reduces conventional analogue operations using excel and word. For inquiries, telephone numbers and physical addresses are available on their website.
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SBI Investment
VC Fund · Minato, Chiba, Japan · 15 investments in Japan Hardware startups

SBI Investment supports the business development and growth of private venture companies through fund investment. It manages and manages venture capital funds under the management philosophy of becoming a leading company responsible for the creation and development of core industries in the 21st century as a "new industry creator".SBIInvestment has invested in a total of 986 companies in the past, of which 169 (17.1% of investment companies) have exited through IPO or M & A.

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Investment focus

  • Industry: Information Technology, Software, Financial Services
  • Stage:Series B, Series A
  • Geography: Japan, United States, South Korea

Investor stats

  • Total investments: 327
  • Round size: Series A $4.8M–$170M; Series B $5.9M–$283M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $1.1B in 2020

Portfolio highlights

  • Recho — Recho’s voice AI solutions must offer some unique features. Recho has a mission to "create the future of communication" and provides the VoiceAI platform and its application, Voice Agent.
  • Pliant — Pliant makes the latest generation of corporate credit cards that adapt perfectly to business processes and needs.
  • Captain Fresh — Captain Fresh is a freshwater fish and seafood supply chain platform. Captain Fresh is a B2B marketplace leveraging technology to deliver the fastest harvest-to-retail in the industry. The company focuses on aggregating the fragmented retail demand across the country and linking them to the small fishermen and farmers throughout the Indian coast.The company was founded in 2019 and is based in Bengaluru, India.
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UTokyo Innovation Platform
VC Fund · Tokyo, Tokyo, Japan · 12 investments in Japan Hardware startups, 10 in the past 12 months

The University of Tokyo IPC is a company responsible for expanding the innovation ecosystem of the University of Tokyo. Accelerate global innovation from the University of Tokyo through three activities: start-up support, investment business, and corporate innovation support.It was established as a wholly-owned subsidiary of the University ofTokyo in 2016 with the enforcement of the revised law of the Industrial Competitiveness Enhancement Law, which is the basis law. The investment targets of the Todai IPC are venture companies that utilize the research results and human resources of the University of Tokyo, but they also make FOF (fund of funds) investments in funds managed by some private venture capital companies. In 2019, it started a consortium-type incubation program (University of Tokyo IPC 1stRound) to support the establishment and financing of Tokyo University-related ventures.

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Investment focus

  • Industry: Biotechnology, Medical, Manufacturing
  • Stage:Series A, Series B
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 65
  • Lead/follow: no public data

Portfolio highlights

  • Issin — Issin manufactures bath mats that can measure weight and automatically record daily weight changes on your smartphone.
  • RoboTruck — RoboTruck develops autonomous driving technologies for huge trucks, as well as practical applications.
  • Leading Mark — Leading Mark, a rising human resources startup in Japan. Leading Mark is branching out into mid-career and international hiring. It currently has a one-man team in China working to bring the top Japanese-speaking Chinese students to domestic companies. He also touts his startup’s focus on the average job seeker. “We want to make sure that the usersget the info that he or she needs the most,” he says. Large scale, legacy players can sometimes prioritize the needs of the hiring company, and their commission, over the needs of applicants themselves. This leads to frustration and short-circuited careers.
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Innovation Network Corporation of Japan
VC Fund · Tokyo, Tokyo, Japan · 12 investments in Japan Hardware startups

Innovation Network Corporation of Japan (INCJ) is a public-private partnership aimed at promoting innovation and enhancing value.Leveraging the rich history of Japanese technological prowess, INCJ aims to provide financial, technological and management support in order to promote the creation of next-generation businesses through “openinnovation,” or the flow of technology and expertise beyond the boundaries of existing organizational structures.INCJ will draw on funding as well as management and technological expertise from the public and private sectors. INCJ is actively reviewing various investment opportunities in areas of green energy, electronics, IT and biotechnology to infrastructure-related sectors such as water supply. Each investment will be thoroughly vetted to ensure it meets the exacting standards of INCJ's Innovation Network Committee, which will make the final investment decisions.INCJ is capitalized at 280 billion yen, with the Japanese government injecting 266 billion yen and 26 private corporations (refer to details in Appendix below) providing a further 14 billion yen. The government will also provide guarantees up to a total of 1,800 billion yen for INCJ investments, giving it an investment capability of approximately 2,000 billion yen. INCJ will be established for a period of 15 years.

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Investment focus

  • Industry: Manufacturing, Software, Robotics
  • Stage:Series B, Series A
  • Geography: Japan, United States, United Kingdom

Investor stats

  • Total investments: 124
  • Round size: Series A $6M–$340M; Series B $5M–$369M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Cloudian — Cloudian provides exabyte-scale storage for your capacity-intensive workloads: S3-compatible storage for on-prem, hybrid cloud, and multi-cloud.
  • Seajacks — Cadeler is a global leader in offshore wind farm construction, maintenance, and decommissioning.
  • Vehicle Energy Japan — Vehicle Energy Japan specializes in development, manufacturing and sales of automotive lithium-ion batteries.
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UTEC - The University of Tokyo Edge Capital Partners
VC Fund · Tokyo, Tokyo, Japan · 12 investments in Japan Hardware startups

UTEC-The University of Tokyo Edge Capital Partners Co., Ltd.. UTEC is a seed/early stage technology focused venture capital firm associated with The University of Tokyo.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 172
  • Round size: Seed $3.1M–$54M; Series A $5.2M–$85M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • ALGO ARTIS — ALGO ARTIS is a software company that offers optimization in plant operations, tanking, ship allocation plan, and logistics.
  • SUN METALON — SUN METALON aims to create a world where metal products can be produced from local ores. The company was founded in 2021 and is headquartered in Redondo Beach, California.
  • BUGWORKS Research — Bugworks, a clinical stage biopharmaceutical company Harnessing the power of science to develop affordable, accessible, novel therapies against infectious disea
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Real Tech Japan
VC Fund · Sumida, Tokyo, Japan · 11 investments in Japan Hardware startups

Real Tech Japan is a venture capital firm that seeks to invest in innovative R&D technology companies. Realtech Fund is a joint venture between the Ministry of Economy, Trade, and Industry and NEDO (New Energy and Industrial Technology Development Organization). The firm was founded in 2014 and based in Tokyo, Japan.

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Investment focus

  • Industry: Manufacturing, Biotechnology, Medical
  • Stage:Series A, Seed
  • Geography: Japan, Singapore, Austria

Investor stats

  • Total investments: 79
  • Round size: Seed $5M–$43M; Series A $6M–$241M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Ashirase — Ashirase is a developer of a walking navigation system for the visually challenged. The company assists visually impaired people in walking independently. This also allows the user to have more attention to spare for audible warnings in their environment. It includes voice input and guidance via a smartphone app. A vibration interface is attachedto their shoes.
  • Ken Robotec — Ken Robotec is a construction company that provides labor-saving solutions.
  • MaterialGate — MaterialGate focuses on single-molecule dielectrics, developing technologies for devices with better electronic characteristics.
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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 11 investments in Japan Hardware 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, Health Care
  • Stage:Seed, Series A
  • Geography: Japan, Vietnam, Indonesia

Investor stats

  • Total investments: 192
  • Round size: Seed $788k–$31M; Series A $1.5M–$68M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: May invest from a new fund soon — raised $589M in 2017

Portfolio highlights

  • Eitoss — Eitoss is a technology company which has developed and provided the proposal improvement cloud "Cayzen".
  • Recerqa — Recerqa is a supply chain management SaaS that utilizes advanced development technology and AI to improve the purchasing, inventory, and sales management experiences.
  • Finovo — Finovo specializes in the research, development, operation, and maintenance of cutting-edge accounting and financial software solutions.
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DBJ Capital
VC Fund · Otemachi, Tokyo, Japan · 10 investments in Japan Hardware startups

DBJ Capital Co., Ltd. was founded in June 2010 through the integration of two venture capital firms of the DBJ Group, New Business Investment Co., Ltd. and Intellectual Properties Development & Investment, Inc. We are a wholly-owned subsidiary of Development Bank of Japan Inc.At DBJ Capital, we focus on venture firms which use newtechnologies and business models to grow and compete on the global market, regardless of their industry or scale. To meet the particular needs of each client, we mobilize the entire DBJ Group to arrange the best investment solutions, ranging from growth-spurring equity investment to financing schemes drawing on DBJ's vast networks.We also assist in venture start-ups. Our value enhancement team provides the kind of comprehensive, hands-on support needed to commercialize outstanding intellectual property and technologies developed by firms, research labs, and universities, and to carve out a place for them in the market.DBJ Capital will continue to play in a part in Japan's economic revival - by helping the firms we invest in to grow, and by encouraging the creation of new industries in Japan.

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Investment focus

  • Industry: Software, Medical, Health Care
  • Stage:Series A, Series B
  • Geography: Japan, United States, Australia

Investor stats

  • Total investments: 145
  • Round size: Series A $4M–$283M; Series B $6.9M–$510M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Reject — Reject is an esports firm that focuses on management of its team REJECT, players, apparel business, and event management services.
  • Linqmed — Linqmed is a pharmaceutical company that specializes in the research and development of radiopharmaceuticals for cancer treatment.
  • Japan Culture and Technology — Japan Culture and Technology assists artists and craftspeople in expanding their activities by providing IT support.
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Archetype Ventures
VC Fund · Tokyo, Tokyo, Japan · 10 investments in Japan Hardware startups

Archetype Ventures is a venture capital firm specializing in B2B Tech seed and early stage venture investments.

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Investment focus

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

Investor stats

  • Total investments: 101
  • Round size: Seed $1M–$31M; Series A $1.9M–$142M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2018

Portfolio highlights

  • Hokan — hokan is developing an InsurTech service called "hokan"​ which is CRM/SFA SaaS service for insurance agents.
  • Autoro — Autoro is a customer business automation company with web auto robot. Autoro combines browser automation, application programming interface linkage, and machine learning, and Autoro automatically completes tasks. They automate office tasks for businesses, including report preparation, accounting, document preparation, and more.
  • Dioseve — Dioseve is providing novel possibilities for all life.
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STRIVE
VC Fund · Tokyo, Tokyo, Japan · 10 investments in Japan Hardware startups

STRIVE focuses on investing in early-stage (Seed to Series A) internet and mobile companies. It seeks out companies in Japan, Southeast Asia, and India with top-notch management teams and strong market potential. It is not tied to strategic investments for GREE Inc. and leverages its pan-Asia expertise for guiding its portfolio in an engaged,hands-on role.

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Investment focus

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

Investor stats

  • Total investments: 137
  • Round size: Seed $800k–$33M; Series A $2M–$142M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — raised $10B in 2019

Portfolio highlights

  • ASUENE — Asuene involves in clean power retail business, retail SaaS business, etc.
  • YOUTRUST — YOUTRUST is a startup to operate YOUTRUST a referral recruitment platform for side-job change.
  • Testsigma — Powerful cloud-based test automation platform that lets you automate tests for web, mobile, desktop apps, and APIs in minutes. Sign up now!
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Coral Capital
VC Fund · Tokyo, Tokyo, Japan · 10 investments in Japan Hardware startups

Coral Capital is a seed stage venture capital firm in Japan.

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Investment focus

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

Investor stats

  • Total investments: 94
  • Round size: Seed $384k–$92M; Series A $535k–$928M; Series B $3.3M–$369M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $128M in 2021

Portfolio highlights

  • STRACT — STRACT is a web platform that provides online platform, dating app, knowledge sharing cloud platform, and casual entertainment services.
  • SmartHR — SmartHR helps Japanese companies bring HR activities into the digital age. SmartHR makes HR simpler for Japanese companies by replacing spreadsheets and paperwork with a user-friendly online solution. When SmartHR was founded in Japan in 2013, on-boarding and off-boarding employees was a tedious process, especially since employers had to apply forsocial insurance and healthcare on behalf of employees using a process that had not yet been digitized. Today, SmartHR delivers massive savings for companies across diverse segments from high tech to retail by decreasing the time to complete HR processes like employment contracts down from one month to just 1-2 days. After catering to its initial offering to startups and small businesses, SmartHR is expanding its business to serve more enterprise customers.
  • PartnerSuccess — PartnerSuccess develops and provides SaaS tools that automate the collaboration between manufacturers and distributors.
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JAFCO
VC Fund · Tokyo, Tokyo, Japan · 10 investments in Japan Hardware 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
  • Geography: Japan, United States, Israel

Investor stats

  • Total investments: 252
  • Round size: Series A $2.7M–$255M; Series B $8.3M–$425M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Caguuu — Caguuu offers high-quality designer furniture at affordable prices, through e-commerce, eliminating middlemen and store operating costs.
  • QREATION — QREATION is a digital intellectual property studio specializing in producing a wide range of popular content that originates primarily from social media platforms. The company focuses on creating high-quality short-form entertainment, including short dramas, comedy sketches, and variety shows.
  • ARCS — ARCS specializes in developing assisted reproductive medical devices using robotics and artificial intelligence technology.
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MIRAISE
VC Fund · Tokyo, Tokyo, Japan · 9 investments in Japan Hardware startups

We are engineers investing in engineers. With experienced mentors, MIRAISE supports you hands-if basis, for business model, financial planning and presentation. All founders of our potfolio automatically join MIRAISE online community that gives you the peer-learning opportunities with other founders. Join us updating the normal!

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Investment focus

  • Industry: Information Technology, Artificial Intelligence, Consulting
  • Stage:Seed, Pre-Seed
  • Geography: Japan, United States, Estonia

Investor stats

  • Total investments: 50
  • Round size: Seed $440k–$14M; Pre-Seed $1.3M–$2.1M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • oVice — oVice is a virtual spatial platform that allows people to gather in one place, move, talk, and collaborate freely as avatars. With the mission of “maximizing effective online communication”, oVice develops and provides lifelike features that offer users a close-to-reality interactive online experience. Featuring customization, you can change thelayout to match the theme of your usage, build lockable rooms, place down static objects, and more!Use it as a remote office, an event venue, an academic conference hall, and even a space for parties!
  • JIZAIE — JIZAIE is an artificial intelligence firm that wants to combine VR, robots, and wearable computing to create solution.
  • Colega AI — Create engaging social media content every day with AI. Colega AI is your AI social media manager that helps your business grow and reach new customers.
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ANOBAKA
VC Fund · Shibuya, Kanagawa, Japan · 9 investments in Japan Hardware startups

ANOBAKA is a Tokyo-based venture capital firm with rich group resources to add value to seed-stage startups. ANOBAKA actively invests in and supports startups aiming to be a global leader in the innovative Internet business and promising to greatly grow up in the future. ANOBAKA's investment focuses on fledgling seed-stage startups. Inaddition to investment financing, ANOBAKA provides founders with a variety of business support such as development consulting by our engineers, sales support, and international marketing support.

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Investment focus

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

Investor stats

  • Total investments: 151
  • Round size: Seed $522k–$23M; Series A $4.9M–$99M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • JOYCLE — JOYCLE is a waste management company that specializes in trash recycling, disposal, and environmental consulting services.
  • Autify — AI software testing company aimed at solving the challenges associated with automation testing. We are passionate about making software testing faster and easier, empowering companies to release faster and keep their applications stable.
  • Rara — Rara offers carbon-free and organic mushroom culture production equipment.
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Nippon Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 9 investments in Japan Hardware startups

Nippon Venture Capital ("NVCC"), established in 1996 as one of the few largest Japanese independent venture capital firms, is destined to undertake the unprecedented task of providing full-range venture capital services in cooperation with major Japanese business leaders and leading companies, which have supported and nurtured various newbusinesses on their own, as well as proactively developing new venture enterprises.

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Investment focus

  • Industry: Software, Health Care, Medical
  • Stage:Series A, Series B
  • Geography: Japan, United States

Investor stats

  • Total investments: 158
  • Round size: Series A $3M–$85M; Series B $8.2M–$425M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: Likely still investing — raised $278M in 2023

Portfolio highlights

  • Al Travel — Al Travel is a next-generation cloud-type business travel arrangement and management system (BTM). AI Travel reduces business travel arrangements by up to 90% and simplifies application and reporting operations and significantly cuts operations that do not generate profits in the batch settlement.
  • Tech Doctor — Tech Doctor is a health monitoring service which provides analysis and insights for self care reducing the need for health care workers.
  • Movus Technologies — Movus Technologies Indonesia is automotive company that provides car ownership rental services.
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Nissay Capital
VC Fund · Tokyo, Tokyo, Japan · 9 investments in Japan Hardware 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: 223
  • Round size: Seed $709k–$43M; Series A $2.7M–$77M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Todoker — Todoker is a baggage delivery convenient service providing company.
  • CREO Bioscience — Cleo Bioscience is a Biotechnology company.
  • 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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Monozukuri Ventures
VC Fund · Kyoto, Kyoto, Japan · 8 investments in Japan Hardware startups

Startup First. A global VC focused on IoT small lot manufacturing and startup investment. Support to hardware growth from business model to supply chain

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Investment focus

  • Industry: Software, Hardware, Robotics
  • Stage:Seed, Series A
  • Geography: United States, Japan

Investor stats

  • Total investments: 65
  • Round size: Seed $1M–$28M; Series A $6.5M–$35M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • REVORN — REVORN is a fragrance AI and DX research and development company. They develop products such as odor sensors that can respond to odor issues and needs. They provide consultation at a range of levels, from identifying issues to developing solutions.
  • Log build — Log build offers a new form of on-site management that enables productivity improvement and real-time visualization and sharing of on-site information through on-site management robots and VR software. The company provides AI development, VR development, construction site construction management robot, cloud site management, and construction siteplatform.
  • LENZO
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UNITED
VC Fund · Shibuya, Kanagawa, Japan · 8 investments in Japan Hardware startups

UNITED, Inc. is developing the smart phone app and the advertising technology business.

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Investment focus

  • Industry: Apps, Software, Media and Entertainment
  • Stage:Seed, Series A
  • Geography: Japan, Nigeria, Indonesia

Investor stats

  • Total investments: 74
  • Round size: Seed $980k–$57M; Series A $3.8M–$89M
  • Lead/follow: 26% lead, 74% follow

Portfolio highlights

  • Coopel — Coopel is an RPA that allows beginners to easily automate daily tasks and make work efficient.
  • xxxxnese — xxxxnese is a logistics company that focuses on import, export, domestic sales, influencer marketing, and software development businesses.
  • Kiwami — Kiwami offers sales promotion assistance and labor-saving solutions through the virtual store clerk.
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QB Capital
VC Fund · Fukuoka, Fukuoka, Japan · 8 investments in Japan Hardware startups

QB Capital is make equity investments in venture companies.

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Investment focus

  • Industry: Manufacturing, Medical, Biotechnology
  • Stage:Seed, Series A
  • Geography: Japan, Singapore, United States

Investor stats

  • Total investments: 50
  • Round size: Seed $641k–$43M; Series A $5.2M–$400M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $429M in 2015

Portfolio highlights

  • Equmenopolis — Equmenopolis is an information services company that specializes in conversational AI agent platforms and application developments.
  • Surv Biopharma — Surv Biopharma develops a drug discovery platform that facilitates research and development of veterinary drugs and pharmaceutical products.
  • Zip Infrastructure — Inquiry : https://docs.google.com/forms/d/e/1FAIpQLSfDmxd1TpPP331TY4VoRsvn0yWX3Ca5Jd-bfBiuPwvpD2SKtA/viewform
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Mirai Creation Fund
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Hardware startups

The Mirai Creation Fund invests in companies and projects that use the latest technologies and business models, supporting the growth of value in these companies and projects, wherever they are found around the world.

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Investment focus

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

Investor stats

  • Total investments: 94
  • Round size: Series A $4M–$269M; Series B $7.7M–$369M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Nealle — Nealle offers business development, business planning and consulting services.
  • QibiTech — QibiTech created HATS, a service in which a human operator remotely supplements the operation of a robot. Add-on edge calculator or software for various robots to increase robot flexibility. It also serves as a platform for connecting operation data to the business improvement system.
  • SPACECOOL — Spacecool offers zero-energy cooling materials that radiate heat to space, reducing temperatures and mitigating global warming.
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Energy & Environment Investment
VC Fund · Higashi-shinagawa, Tokyo, Japan · 8 investments in Japan Hardware startups

Energy & Environment Investment, Inc. (EEI) is Japan’s first venture capital specialized in the clean technology sector. With core members who have rich hands on experience in founding and managing venture companies, we aim to provide risk money and various strategic values to promising venture companies and businesses.

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Investment focus

  • Industry: Energy, Internet of Things, Software
  • Stage:Series A, Series B
  • Geography: Japan, United States, Sweden

Investor stats

  • Total investments: 110
  • Round size: Series A $2.4M–$156M; Series B $8M–$553M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $147M in 2019

Portfolio highlights

  • Fager — Fager is an agriculture firm specializing in promoting decarbonization projects, agricultural carbon production, and sales.
  • Esa — Esa offers plastic waste recycling, and also the development and distribution of plastic products
  • DeepForest Technologies — DeepForest Technologies is an IT firm that offers drone photography, forest information analysis, DF Scanner, and data processing services.
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KDDI
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Hardware startups

KDDI Corporation is a Japanese telecommunications operator. It was created in 2000 through a merger of DDI, KDD and IDO and now employs over 15,000 people.The company provides a broad range of services, including fixed-line phone communication, mobile phone and web services, and Internet services. It also has a ownership stake in two Japanesecable television companies, Jupiter Telecommunications (J:COM) and Japan Cablenet (JCN). KDDI's mobile phone and web arm is branded as "au". The company is the current No. 2 in Japan's mobile communications market, trailing NTT DoCoMo and ahead of SoftBank.

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Investment focus

  • Industry: Mobile, Software, Internet
  • Stage:Series A, Series B
  • Geography: Japan, United States, South Korea

Investor stats

  • Total investments: 92
  • Round size: Series A $8.5M–$950M; Series B $3.3M–$638M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $2.8B in 2018

Portfolio highlights

  • Yuime — Yuime is an HR consulting firm that offers agricultural staffing, contract farming, and recruitment services.
  • RLWRLD — RLWRLD specializes in "Physical AI" by creating robotics foundation models (RFMs) designed to enable robots to function autonomously in real-world environments.
  • Lebo Robotics — Lebo Robotics is an inspection robot for the maintenance of wind power generation blades.
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MIRAI SOUZOU
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Hardware startups

MIRAI SOUZOU operates as a venture capital firm that invests in institutional lookup and supporting projects. The Company invests in institutional research and development supporting projects, medicine, agriculture, ocean field, and other industries. Innovations and Future Creation conducts businesses in Japan.

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Investment focus

  • Industry: Software, Manufacturing, Robotics
  • Stage:Series A, Seed
  • Geography: Japan

Investor stats

  • Total investments: 43
  • Round size: Seed $3.4M–$44M; Series A $1.7M–$500M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: May invest from a new fund soon — raised $549M in 2016

Portfolio highlights

  • F.MED — F.MED is a manufacturing company that designs and develops robotic microsurgical devices for the healthcare industry.
  • Triorb — Triorb is a technology company that specializes in robot mobility development with the help of software and hardware solutions.
  • ASEMtech — ASEMtech is a technology company that specializes in research, development, sales, and leasing of medical equipment via the ASEM method.
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Japan Science and Technology Agency
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Hardware startups

Japan Science and Technology Agency is an integrated organization of science and technology that implements science and technology policy in Japan.  It handles many projects, including the government’s Science and Technology Basic Plan and knowledge creation. The European Sustainability School ESSSR is the owner of Japan Science and TechnologyAgency.Japan Science and Technology Agency undertakes its task in a comprehensive manner. It also works to provide a sound infrastructure of science and technology information and raise awareness and understanding of science and technology-related issues in Japan.Japan Science and Technology Agency is headquartered in Tokyo, Japan.

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Investment focus

  • Industry: Medical, Biotechnology, Manufacturing
  • Stage:Series A, Seed
  • Geography: Japan

Investor stats

  • Total investments: 40
  • Round size: Seed $1.7M–$50M; Series A $3.1M–$255M
  • Lead/follow: 13% lead, 87% follow

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.
  • Triorb — Triorb is a technology company that specializes in robot mobility development with the help of software and hardware solutions.
  • Flosfia — FLOSFIA is a spin-off from a research of Kyoto University, specializing in film-formation by mist chemical vapor deposition (CVD). Making use of physical properties of gallium oxide (Ga2O3), FLOSFIA has devoted to development of low-loss power devices.
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Kotaro Chiba
Angel · Tokyo, Tokyo, Japan · 7 investments in Japan Hardware startups

Kotaro Chiba is the founder of ChibaDojo Fund. Kotaro Chiba attended Keio University.

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Investment focus

  • Industry: Content, Information Technology, Travel
  • Stage:Seed, Series A
  • Geography: Japan, United States

Investor stats

  • Total investments: 68
  • Round size: Seed $700k–$48M; Series A $13M–$75M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • MI-6 — MI-6 is a research, development, consulting, and project management for material development using IT. We will promote materials informatics in the field of material development with our technological capabilities and a wealth of project knowledge that challenge the world's most advanced technologies .
  • ELESTYLE — ELESTYLE are promoting mobile payments and providing high value-added services for users to realize a cashless society.
  • Luup — Luup is an Internet Company.
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Daiwa Corporate Investment
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Hardware 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, Task Management, Internet
  • Stage:Series A, Seed
  • Geography: Japan, France, Singapore

Investor stats

  • Total investments: 124
  • Round size: Seed $4.3M–$14M; Series A $3.1M–$99M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2018

Portfolio highlights

  • NovAccel — NovAccel operates as a deep tech company, ensure a stable supply of medical radioisotopes.
  • Trustart — Trustart engages in real estate research business and real estate big data provision. The company offers real estate big data and big data subscriptions.
  • Tech Doctor — Tech Doctor is a health monitoring service which provides analysis and insights for self care reducing the need for health care workers.
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BEENEXT
VC Fund · Singapore, Central Region, Singapore · 6 investments in Japan Hardware startups

BEENEXT is a Venture Capital fund managed by serial entrepreneurs that focuses on assisting founders with its operational experience, network, trust, unique perspectives, and the capital. The team invests in early-stage tech start-ups that are focused on building the new digital platforms driven by the data network. BEENEXT aims to establish aplatform of founders, by the founders and for the founders across the globe, primarily in South East Asia, India and Japan. Since its establishment in 2015, the team has invested in over 180 companies globally.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: India, Japan, Indonesia

Investor stats

  • Total investments: 287
  • Round size: Seed $500k–$8.5M; Series A $2M–$29M; Series B $4.6M–$50M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $1.6B in 2020

Portfolio highlights

  • Whizzo — Whizzo specializes in materials science-driven manufacturing of engineered fashion and technical textiles. Our expertise lies in creating and executing innovative textile blends tailored for applications across automotive, agriculture, medical textiles, and engineered fashion.
  • Driffle — A marketplace built for gamers by gamers. Browse a huge collection of games, gift cards & subscriptions.
  • First Coffee — Discover the best specialty coffee in India with our range of single origin Arabica beans and exclusive merchandise. Shop online at First Coffee for freshly roasted, quality blends.
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SPARX Group
VC Fund · Tokyo, Tokyo, Japan · 6 investments in Japan Hardware startups

SPARX Group Co., Ltd. is an independent Asia-based equity and credit asset management services and Asian fund financial specialist with offices in Tokyo, Hong Kong and Seoul for global institutional and individual investors, including financial advisors and financial planners, with alternative strategies (including activist, short-enabled, private equity and quantitative and fund-of-funds) and mutual funds (through SPARX Asia Funds such as SPARX Asia Pacific Opportunities Fund, SPARX Asia Pacific Equity Income Fund, SPARX Japan Smaller Companies Fund and SPARX Japan Fund) managed or sub-advised by SPARX Asset Management Co. Ltd., SPARX Asia Investment Advisors Limited and Cosmo Asset Management Co., Ltd.

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Investment focus

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

Investor stats

  • Total investments: 76
  • Round size: Series A $17M–$241M; Series B $25M–$425M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $2.1B in 2018

Portfolio highlights

  • 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.
  • Alloyed — Alloyed delivers cutting-edge innovation in materials science, additive manufacturing, and advanced metallurgy. Explore our technologies and career opportunities.
  • 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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Japan Finance Corporation
VC Fund · Tokyo, Tokyo, Japan · 6 investments in Japan Hardware startups, 29 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: Information Technology, Software, Artificial Intelligence
  • Stage:Debt Financing, Seed
  • Geography: Japan, Hong Kong

Investor stats

  • Total investments: 178
  • Round size: Seed $48k–$24M; Debt Financing $385k–$142M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Pictoria — Pictoria produce total events for entertainment.They handle a wide range of events, from talk events to events using advanced technologies such as 3D motion capture.
  • Onestruction — Onestruction is an IT firm that offers construction solution development, 3D model and document creation, and operational support services.
  • Illumi Medical — Illumi Medical is a manufacturing company that produces medical equipment and devices for the healthcare sector.
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Colopl Next
VC Fund · Tokyo, Tokyo, Japan · 6 investments in Japan Hardware startups

Colopl Next is the corporate venture capital of is Colopl, Inc, which is a leading Japanese gaming company. Colopl, Inc. is founded with the mission of “Entertainment in Real Life”, and constantly put its customer as first priority.Colopl Next is headquartered in Japan, but invests globally in a variety of internet businesses, with the commitmentto support innovative entrepreneurs.

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Investment focus

  • Industry: Virtual Reality, Software, E-Commerce
  • Stage:Seed, Series A
  • Geography: Japan, United States, South Korea

Investor stats

  • Total investments: 113
  • Round size: Seed $1M–$23M; Series A $1.9M–$30M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Elaly — Elaly Technology makes life better for people around the world.We aim to make the value of money and the experience gained from it flatter.As many people as possible will use technology to realize a happier life, independent of the money economy.
  • BitStar — BitStar accelerates potential of video creators with power of proprietary database and technology.
  • SODA — Soda launched its customer-to-customer marketplace SNKRDUNK, which now has over 3 million monthly users in Japan. Through the platform, users can buy and sell sneakers safely as it offers legitimacy checking services through local authentication provider Fake Busters.
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Delight Ventures
VC Fund · Shibuya, Kanagawa, Japan · 6 investments in Japan Hardware 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: 73
  • Round size: Seed $697k–$64M; Series A $6M–$500M; Series B $429k–$312M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: May invest from a new fund soon — raised $1.4B in 2019

Portfolio highlights

  • CUSTA
  • Dishwill
  • PartnerProp — PartnerProp is a PRM tool with outstanding potential and a wide variety of capabilities that resolves all partner business difficulties.
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Hakuhodo DY Ventures
VC Fund · Minato, Chiba, Japan · 6 investments in Japan Hardware startups

Hakuhodo DY Ventures is a corporate venture capital firm.

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Investment focus

  • Industry: Health Care, Media and Entertainment, Internet
  • Stage:Series A, Series B
  • Geography: Japan, Australia, Singapore

Investor stats

  • Total investments: 65
  • Round size: Series A $3.6M–$125M; Series B $5M–$156M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Emole — Emole is a platform that connects content creators with viewers through short drama content, offering a variety of engaging stories.
  • Creator's X — Creator's X is an anime production firm that focuses on developing animation production assistance tools using AI.
  • Wunderbar — Wunderbar provides intellectual property along with branding and marketing services.
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Keio Innovation Initiative
VC Fund · Tokyo, Tokyo, Japan · 6 investments in Japan Hardware startups

Keio Innovation Initiative (KII) is a venture capital established by Keio University. In order to make more effective use of the research results of Keio University, we aim to contribute to the development of society by creating investment for venture companies that utilize research results and creating new industries.The key to thinking aboutJapan's future growth strategy is to utilize advanced research results of the university. In addition to GDP, in addition to GDP, Japan is the world's third largest R & D exporter in R & D expenses, but as the low growth rate shows, it has a problem in investment efficiency in research and development. There are also reports on the entrepreneurial spirit that is indispensable for creating new industries, with the lowest entrepreneurial activity rate among developed countries.

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Investment focus

  • Industry: Health Care, Medical, Biotechnology
  • Stage:Series A, Seed
  • Geography: Japan, United Kingdom

Investor stats

  • Total investments: 76
  • Round size: Seed $1.5M–$213M; Series A $2.3M–$400M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $1.4B in 2020

Portfolio highlights

  • ElleThermo — elleThermo aims to implement Semiconductor-Sensitised Thermal Cells (STCs), an energy conversion technology that can generate electricity from unused waste heat above room temperature.
  • Aeterlink — Aeterlink is a wireless device maker and developer. They applied their technology to fields such as FA, robots, smart houses, and medicine and developed practical level technologies such as elemental technology that can wirelessly supply power.
  • 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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Monex Ventures
VC Fund · Minato, Chiba, Japan · 6 investments in Japan Hardware 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, Information Technology
  • Stage:Seed, Series A
  • Geography: Japan, United States, China

Investor stats

  • Total investments: 90
  • Round size: Seed $1M–$34M; Series A $4.3M–$64M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Degas — Degas develops solutions to improve the productivity of small-scale farmers in Africa.
  • pickupon — Pickupon is a company that transcribes important parts of the call
  • Rise — Rise is a credit-led platform that enables underserved consumers to access installment-based purchasing power.
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ITOCHU Technology Ventures
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Japan Hardware startups

ITOCHU Technology Ventures (ITV), based in Tokyo, is the venture capital arm of ITOCHU Corporation. ITOCHU is one of the world's largest corporations with offices in over 80 countries and operations that cover a broad spectrum of industries. ITV's mission is to invest and help build leading information technology companies by leveraging avast array of resources both domestically and internationally throughout ITOCHU and its group companies. The ITOCHU group has a long history of funding information technology companies with successes including Siebel Systems, NVIDIA, Openwave and Aruba Networks. Current portfolio includes, Box, Fab, Ooyala, WHILL, Tokyo Otaku Mode, etc.

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Investment focus

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

Investor stats

  • Total investments: 131
  • Round size: Series A $4M–$152M; Series B $4.2M–$369M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: May invest from a new fund soon — raised $1.5B in 2019

Portfolio highlights

  • Eight Knot — Eight Knot designs and develops autonomous navigation system for water mobility using robotics & AI.
  • Logomix — Logomix Inc is a mammalian cellular genome architect startup. Logomix proprietary platform, Geno-Writing™, technology integrates large-scale (Mb) human genome-writing technologies and providing genetically architected versatile human cells and/or downsized cells and microbes for drug development and cell & gene therapy area.Majority ofthe cell engineering companies are currently focused on optimization of gene clusters by automatic high throughput system however, Logomix’s Geno-Writing™ provides the required tools for dealing with mammalian or complex genomes. Logomix works with partners by providing new biology-based solutions to co-create business and social values on Geno-Writing™ platform Current Focus Area includes: 1. Human Health & Therapeutics 2. Biomaterials & Chemicals 3. Agriculture & EnvironmentLogomix has 11 ongoing collaborative research partnerships. Currently Logomix is specifically looking for industry partners to address unmet needs in neurodegenerative disease areas.
  • Simplex Quantum — Simplex Quantum conducts research and development of AI-based solutions in the healthcare field and operates the SQ-bar service.It also offers the Shinden-kun, a portable device that can analyze the measured electrocardiographic information with AI and detect heartbeat turbulence.It was established on October 3, 2014 and headquartered inTakanawa, Minato-ku.
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Sumitomo
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Japan Hardware startups

Welcome to the official website of Sumitomo Corporation, a leading integrated trading company engaged in diverse businesses based on its global network.

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Investment focus

  • Industry: Information Technology, Software, Internet
  • Stage:Series B, Corporate Round
  • Geography: Japan, United States, Israel

Investor stats

  • Total investments: 131
  • Round size: Series B $6.3M–$142M; Corporate Round $3.6M–$241M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Monogusa — Monoxer is a Information Technology.
  • Loop — Loop provides integrated solutions across strategy, compliance, and execution to help mining operators reduce emissions, capture fugitive gas, and create value through beneficial reuse.
  • Pharos — Pharos incorporates effective blockchain technology into real-world asset verticals and decentralized finance. Pharos Network is promoting trustless innovations that benefit asset markets and underprivileged communities, bolstering the global economy of the future and facilitating the widespread use of Web3 technologies.
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Sumitomo Mitsui Banking Corporation
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Japan Hardware startups

Sumitomo Mitsui Banking Corporation offers a broad range of financial services centered on banking. They are also engaged in leasing, securities, credit card, investment, mortgage securitization, venture capital, and other credit-related businesses. The following lists the activities of SMBC, its subsidiaries, and affiliates in the various businesssegments.It is a wholly-owned subsidiary of Sumitomo Mitsui Financial Group. As of the year 2009, SMBC was the second largest bank in Japan in terms of assets.

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Investment focus

  • Industry: Financial Services, Energy, Information Technology
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 206
  • Round size: Post-IPO Debt $48M–$3B; Debt Financing $9.9M–$1.4B
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Pacific Energy — Our innovative energy solutions are transforming the way power is generated, delivered, and managed across the nation.
  • UltraTech Cement — UltraTech Cement is an Indian multinational cement firm that produces and distributes gray cement, ready-mix concrete, and white cement. It serves as a home-building partner, providing a complete range of building materials and support throughout the process. It is committed to actively maintaining the environment and conserving natural resourcesfor the future, with a focus on reducing, reusing, and recycling.
  • Waypoint Leasing Services — Waypoint Leasing is a global helicopter leasing company founded in 2013 to provide financing solutions to helicopter operators worldwide. Headquartered in Limerick, Ireland, Waypoint differentiates itself with a senior management team possessing direct helicopter operating and helicopter leasing experience. Their deep operational backgroundtranslates directly to a passion for rotary-wing aviation and a commitment to building long-lasting partnerships.
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Mitsubishi Corporation
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Japan Hardware startups, 6 in the past 12 months

Mitsubishi Corporation (MC) is a global integrated business enterprise that develops and operates businesses across virtually every industry including industrial finance, energy, metals, machinery, chemicals, living essentials, and environmental business. MC's current activities are expanding far beyond its traditional trading operations asits diverse business ranges from natural resources development to investment in retail business, infrastructure, financial products and manufacturing of industrial goods.

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Investment focus

  • Industry: Software, Internet, Transportation
  • Stage:Corporate Round, Series A
  • Geography: United States, Japan, United Kingdom

Investor stats

  • Total investments: 104
  • Round size: Series A $5.2M–$567M; Corporate Round $3M–$19B
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Divert — Divert is a circular economy company on a mission to prevent food from being wasted. We make social and environmental impact by creating sustainable infrastructure and innovative technologies that help prevent food from being wasted.
  • Rancon Auto Industries — Rancon Auto Industries is a Bangladeshi vehicle assembly and body manufacturing company.
  • Commonwealth Fusion Systems — The fastest path to clean, limitless fusion energy.
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Sony Innovation Fund
VC Fund · Tokyo, Tokyo, Japan · 5 investments in Japan Hardware startups

Sony Innovation Fund is investing in technology-driven transformational companies shaping the future of business, entertainment and society.

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Investment focus

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

Investor stats

  • Total investments: 179
  • Lead/follow: no public data

Portfolio highlights

  • VaultN — VaultN's smart distribution platform enables automated self-service distribution of game keys, digital assets, and more. Unlock efficiency, secure revenue, and scale with confidence.
  • Agility — Agility develops humanoid robots and automation platforms for warehouse, manufacturing, and logistics operations. It provides robotic deployment solutions and software platforms that support industrial automation and the handling of repetitive tasks. The company also offers software platforms to manage and support robotic operations in industrialenvironments.
  • Talespin — Talespin is building the XR platform to power knowledge transfer and skill alignment for the future of employment
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Hardware Investor funding in Japan at a glance

Stats across 89 deals from 172 investors.

172
investors
in Japan Hardware startups
89
deals
in Japan Hardware startups
$30M
median round
in Japan Hardware startups
23%
lead investors
lead at least one round
24%
Seed
most common funding stage
96/4
VC / Angel
share of investor count

Access all 172 investors in Japan Hardware startups.

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