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Top 50 Internet VC Funds & Investors in Japan (September 2026)

The most active venture capital funds investing in Japan Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Japan Internet startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
DNX Ventures
VC Fund
47 Japan, United States, Canada Seed, Series A, Series B Software, Information Technology, SaaS $574k–$42M
Global Brain Corporation
VC Fund
42 Japan, United States, United Kingdom Series A, Series B Software, Information Technology, Artificial Intelligence $2.3M–$53M
East Ventures
VC Fund
41 Japan, Indonesia, Singapore Seed, Series A Software, Information Technology, Internet $263k–$31M
Mizuho Capital
VC Fund
38 Japan, United States, Singapore Series A, Venture - Series Unknown, Series B Information Technology, Software, Artificial Intelligence $712k–$85M
SMBC Venture Capital
VC Fund
37 Japan, United States, Singapore Series A, Series B Information Technology, Software, Health Care $1.2M–$52M
Incubate Fund
VC Fund
37 Japan, United States, India Seed, Series A Software, Information Technology, E-Commerce $317k–$20M
Mitsubishi UFJ Capital
VC Fund
36 Japan, United States, Singapore Series A, Series B Information Technology, Software, Health Care $1.2M–$68M
ANRI
VC Fund
36 Japan, United States, Indonesia Seed, Series A, Venture - Series Unknown Software, Information Technology, Health Care $275k–$34M
JAFCO
VC Fund
28 Japan, United States, Israel Series A, Series B, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $1.3M–$71M
Nissay Capital
VC Fund
28 Japan, United States, Ethiopia Seed, Series A Health Care, Information Technology, Medical $457k–$28M
Genesia Ventures
VC Fund
21 Japan, Vietnam, Indonesia Seed, Series A, Venture - Series Unknown Information Technology, Software, Artificial Intelligence $404k–$11M
Coral Capital
VC Fund
20 Japan, United States, Denmark Seed, Series A, Series B Software, Information Technology, SaaS $468k–$184M
SBI Investment
VC Fund
19 Japan, South Korea, United States Series B, Series A Software, Information Technology, Financial Services $1.9M–$62M
Daiwa Corporate Investment
VC Fund
19 Japan, United States, France Venture - Series Unknown, Series A, Seed Software, Manufacturing, Task Management $310k–$43M
Archetype Ventures
VC Fund
17 Japan, United States Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $667k–$32M
ANOBAKA
VC Fund
16 Japan, United States, India Seed, Series A, Venture - Series Unknown Artificial Intelligence, Software, Information Technology $275k–$5M
500 Startups Japan
VC Fund
16 Japan, United States Seed, Series A, Venture - Series Unknown Internet, Software, Task Management $91k–$30M
BEENEXT
VC Fund
15 India, Japan, Indonesia Seed, Series A, Series B Software, E-Commerce, FinTech $453k–$50M
ITOCHU Technology Ventures
VC Fund
15 Japan, United States, Belgium Series A, Series B, Seed Software, Information Technology, E-Commerce $356k–$48M
Salesforce Ventures
VC Fund
14 United States, Japan, United Kingdom Series B, Series A, Series C Software, SaaS, Information Technology $4.2M–$270M
Japan Finance Corporation
VC Fund
12 Japan, Kenya, Hong Kong Debt Financing, Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $212k–$13M
STRIVE
VC Fund
12 Japan, India, Indonesia Seed, Series A, Series B Software, E-Commerce, SaaS $740k–$47M
Globis Capital Partners
VC Fund
11 Japan, United States, Israel Series A, Series B, Venture - Series Unknown Software, Information Technology, Internet $1.7M–$99M
Sony Innovation Fund
VC Fund
11 United States, Japan, United Kingdom Series A, Series B Artificial Intelligence, Software, Health Care $1.9M–$52M
Venture United
VC Fund
11 Japan Seed, Series A, Venture - Series Unknown Software, Travel, Apps $82k–$21M
Nippon Venture Capital
VC Fund
11 Japan, United States, Indonesia Series A, Series B Software, Health Care, Information Technology $1.4M–$50M
Mobile Internet Capital
VC Fund
11 Japan, United States, China Seed, Series A Software, Information Technology, Mobile $793k–$50M
Monex Ventures
VC Fund
11 Japan, United States, China Seed, Series A, Venture - Series Unknown Software, Financial Services, FinTech $318k–$17M
W ventures
VC Fund
11 Japan, Indonesia, United States Seed, Series A Information Technology, Content, Internet $382k–$37M
VOYAGE VENTURES
VC Fund
10 Japan, China, Germany Venture - Series Unknown, Seed Software, Internet, Content $200k–$7.1M
DOGAN beta
VC Fund
10 Japan, United States Seed, Series A, Venture - Series Unknown Apps, Software, Information Technology $273k–$21M
MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
VC Fund
10 Japan, United States, India Seed, Series B Software, Information Technology, Health Care $482k–$17M
Delight Ventures
VC Fund
10 Japan, United States, South Korea Seed, Series A, Series B Software, Artificial Intelligence, Information Technology $556k–$19M
DBJ Capital
VC Fund
9 Japan, United States, Australia Series A, Series B, Venture - Series Unknown Software, Health Care, Biotechnology $1.1M–$184M
UNITED
VC Fund
9 Japan, Nigeria, Indonesia Seed, Series A, Venture - Series Unknown Apps, Software, Information Technology $645k–$43M
iSGS Investment Works
VC Fund
9 Japan, United States, Hong Kong Seed, Series A, Venture - Series Unknown E-Commerce, Internet, Software $351k–$52M
UTEC - The University of Tokyo Edge Capital Partners
VC Fund
8 Japan, United States, India Seed, Series A, Series B Health Care, Biotechnology, Medical $900k–$27M
Miraidoa
VC Fund
8 Japan, United States, Myanmar Venture - Series Unknown, Seed, Series A Manufacturing, Health Care, Information Technology $96k–$16M
B Dash Ventures
VC Fund
8 Japan, Taiwan, Switzerland Seed, Venture - Series Unknown Information Technology, Apps, Internet $267k–$28M
MIRAISE
VC Fund
8 Japan, United States, Estonia Seed, Pre-Seed Information Technology, Artificial Intelligence, Consulting $183k–$4M
Hakuhodo DY Ventures
VC Fund
8 Japan, Australia, Singapore Series A, Series B Marketing, Health Care, Information Technology $1.8M–$14M
XTech Ventures
VC Fund
8 Japan, Italy, United Arab Emirates Seed, Series A, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $480k–$11M
Accord Ventures
VC Fund
8 Japan, Malaysia, United States Seed, Series A, Venture - Series Unknown Internet, Software, Artificial Intelligence $518k–$28M
Headline Asia (formerly Infinity Ventures)
VC Fund
8 Japan, China, United States Seed, Series A, Series B Software, FinTech, Internet $661k–$41M
Antler
VC Fund
7 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $108k–$28M
Primal Capital
VC Fund
7 Japan, Spain, Switzerland Seed, Pre-Seed Software, Information Technology, Internet $862k–$18M
GMO VenturePartners
VC Fund
7 Japan, United States, India Seed, Series A, Series B FinTech, Financial Services, Finance $665k–$49M
D4V
VC Fund
7 Japan, United States, Singapore Seed, Series A, Venture - Series Unknown Software, Financial Services, E-Commerce $443k–$18M
DIMENSION
VC Fund
7 Japan, India, Romania Series A, Series B Artificial Intelligence, Content, Manufacturing $895k–$79M
YJ Capital
VC Fund
7 Japan, United States, Indonesia Venture - Series Unknown, Series A, Seed Software, Information Technology, Content $63k–$47M
Access all 888 VC funds in Japan Internet startups.

Access 48,091 investors

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

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Investor list

DNX Ventures
VC Fund · San Mateo, California, United States · 47 investments in Japan Internet 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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Global Brain Corporation
VC Fund · Tokyo, Tokyo, Japan · 42 investments in Japan Internet 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: 777
  • 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.
  • Eyeota — Engage your best customers with trusted audience data | enrich insights, enhance personalization and transform audience targeting.
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East Ventures
VC Fund · Tokyo, Tokyo, Japan · 41 investments in Japan Internet 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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Mizuho Capital
VC Fund · Tokyo, Tokyo, Japan · 38 investments in Japan Internet 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, Artificial Intelligence
  • Stage:Series A, Venture - Series Unknown, Series B
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 526
  • Round size: Series A $1.5M–$52M; Series B $2.4M–$85M; Venture - Series Unknown $712k–$11M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — raised $92M in 2020

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.
  • bestat — bestat is a developer of platforms for 3D data creation, management, and utilization using AI and offers digital twins services.
  • 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.
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SMBC Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 37 investments in Japan Internet 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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Incubate Fund
VC Fund · Tokyo, Tokyo, Japan · 37 investments in Japan Internet 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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Mitsubishi UFJ Capital
VC Fund · Tokyo, Tokyo, Japan · 36 investments in Japan Internet 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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ANRI
VC Fund · Tokyo, Tokyo, Japan · 36 investments in Japan Internet 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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JAFCO
VC Fund · Tokyo, Tokyo, Japan · 28 investments in Japan Internet 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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Nissay Capital
VC Fund · Tokyo, Tokyo, Japan · 28 investments in Japan Internet 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: 297
  • 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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Access 48,091 investors

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

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Genesia Ventures
VC Fund · Tokyo, Tokyo, Japan · 21 investments in Japan Internet 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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Coral Capital
VC Fund · Tokyo, Tokyo, Japan · 20 investments in Japan Internet startups, 9 in the past 12 months

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, Denmark

Investor stats

  • Total investments: 107
  • Round size: Seed $468k–$8.5M; Series A $3.2M–$41M; Series B $7.6M–$184M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely actively investing — fresh fund, raised $6M in 2026

Portfolio highlights

  • Henry — Henry develops and provides a cloud-based electronic medical record and receipt system for small and medium-sized hospitals.
  • Ruten — Ruten is a brain-machine interface company that specializes in reconstructive treatments for infeasible and ineffective conditions.
  • Tokenz — Tokenz is a global payment platform designed to help digital content creators and businesses scale their revenue seamlessly. Supporting payment methods worldwide, Tokenz enables brands to build customizable web stores, optimize conversions, and expand direct-to-consumer sales. As a Merchant of Record (MoR), Tokenz ensures global tax compliance,fraud protection, and multi-currency transactions—allowing businesses to sell with confidence across international markets.
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SBI Investment
VC Fund · Minato, Chiba, Japan · 19 investments in Japan Internet 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: Software, Information Technology, Financial Services
  • Stage:Series B, Series A
  • Geography: Japan, South Korea, United States

Investor stats

  • Total investments: 448
  • Round size: Series A $1.9M–$44M; Series B $4.5M–$62M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $77M in 2020

Portfolio highlights

  • Alxtal — Alxtal is a tech company who optimize the development, design, and manufacturing processes of the manufacturing industry with IT and AI.
  • Direava — Direava is a medical device company that manufactures, sells, leases, and maintains medical equipments along with consulting services.
  • Zerodoor HD — Zerodoor HD specializes in digital transformation in constructing industry.
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Daiwa Corporate Investment
VC Fund · Tokyo, Tokyo, Japan · 19 investments in Japan Internet 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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Archetype Ventures
VC Fund · Tokyo, Tokyo, Japan · 17 investments in Japan Internet startups, 9 in the past 12 months

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

Investor stats

  • Total investments: 123
  • Round size: Seed $667k–$11M; Series A $1.3M–$32M; Series B $4.7M–$28M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2018

Portfolio highlights

  • Dioseve — Dioseve is providing novel possibilities for all life.
  • LOOV — LOOV is a video platform that helps in creating professional and data-driven videos for salesmen and marketers to boost conversion metrics.
  • RoboTruck — RoboTruck develops autonomous driving technologies for huge trucks, as well as practical applications.
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ANOBAKA
VC Fund · Shibuya, Kanagawa, Japan · 16 investments in Japan Internet startups, 14 in the past 12 months

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

Investor stats

  • Total investments: 176
  • Round size: Seed $275k–$1.9M; Series A $944k–$5M; Venture - Series Unknown $365k–$2.8M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $31M in 2018

Portfolio highlights

  • IGU — IGU is a professional team dedicated to designing, refining, and delivering exceptional entertainment experiences. With a strong focus on creativity, quality, and innovation, IGU brings together talented professionals who transform ideas into engaging and memorable experiences.
  • PIMTO — PIMTO Corporation is a technology company that provides digital solutions for location and facility management. Through its PIMT-0 service, it supports airports, stations, commercial facilities, hotels, factories, and public organizations in improving operations, profitability, and customer satisfaction. The company also focuses on addressingsocial challenges such as overtourism, regional revitalization, remote work creation, and improving access to essential services.
  • NexusAdvisors — NexusAdvisors operates AvaCareer, an AI-powered recruitment platform that leverages intelligent AI agents to support both companies and job seekers by streamlining hiring processes, enhancing candidate matching, and improving recruitment efficiency.
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500 Startups Japan
VC Fund · San Francisco, California, United States · 16 investments in Japan Internet 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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BEENEXT
VC Fund · Singapore, Central Region, Singapore · 15 investments in Japan Internet 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, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: India, Japan, Indonesia

Investor stats

  • Total investments: 390
  • Round size: Seed $453k–$5M; Series A $2.1M–$15M; Series B $5.5M–$50M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely still investing — raised $1M in 2023

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.
  • 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.
  • Kita Technologies — Kita Technologies uses computer vision and vision language models to transform unstructured documents into structured underwriting data.
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ITOCHU Technology Ventures
VC Fund · Tokyo, Tokyo, Japan · 15 investments in Japan Internet 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, Information Technology, E-Commerce
  • Stage:Series A, Series B, Seed
  • Geography: Japan, United States, Belgium

Investor stats

  • Total investments: 152
  • Round size: Seed $356k–$48M; Series A $2.8M–$43M; Series B $3.4M–$47M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $93M in 2019

Portfolio highlights

  • CMerTV — CMer TV is a platform that connects advertisers with newspapers, magazines, and specialized media by video
  • Link Therapeutics — Link Therapeutics specializes in developing therapeutic methods for targeting autoantibodies and identifying pathogenic autoantibodies.
  • Pixie Dust Technologies — Pixie Dust Technologies is a developer of computational technologies, including its ultrasonic phased array system with which one can generate force in mid-air; transport things in mid-air without touching anything; target and deliver different sounds from person to person in a crowd; direct guide-dogs; and even apply this in agricultural farming.
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Salesforce Ventures
VC Fund · San Francisco, California, United States · 14 investments in Japan Internet startups

100% invested in enterprise cloud companies.

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Investment focus

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

Investor stats

  • Total investments: 937
  • Round size: Series A $4.2M–$40M; Series B $5M–$96M; Series C $20M–$270M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $1B in 2023

Portfolio highlights

  • SRE.ai — AI-Powered Delivery for Modern Enterprise Software Teams
  • Lovable — Build apps, websites, and digital products faster using Lovable's AI-powered platform, no deep coding skills required.
  • Hubbl Technologies — Hubbl Technologies helps businesses maximize Salesforce performance and uncover hidden efficiencies with advanced process discovery and org audits.
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Japan Finance Corporation
VC Fund · Tokyo, Tokyo, Japan · 12 investments in Japan Internet 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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STRIVE
VC Fund · Tokyo, Tokyo, Japan · 12 investments in Japan Internet 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, E-Commerce, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 147
  • Round size: Seed $740k–$6.6M; Series A $1.2M–$43M; Series B $3.3M–$47M
  • Lead/follow: 32% lead, 68% 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.
  • Recompound — Recompound is a financial services startup that acts as a personal investment advisor for individuals to grow their stock market portfolios.
  • 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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Globis Capital Partners
VC Fund · Tokyo, Tokyo, Japan · 11 investments in Japan Internet 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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Sony Innovation Fund
VC Fund · Tokyo, Tokyo, Japan · 11 investments in Japan Internet startups, 18 in the past 12 months

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 A, Series B
  • Geography: United States, Japan, United Kingdom

Investor stats

  • Total investments: 221
  • Round size: Series A $1.9M–$25M; Series B $6.9M–$52M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely actively investing — fund raised in 2026

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.
  • FLASH — FLASH is an entertainment and technology startup.
  • Yellow Card — Yellow Card is a licensed stablecoin payments infrastructure provider powering global money movement across USD and 50+ local currencies. Talk to us.
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Venture United
VC Fund · Tokyo, Tokyo, Japan · 11 investments in Japan Internet 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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Nippon Venture Capital
VC Fund · Tokyo, Tokyo, Japan · 11 investments in Japan Internet startups, 14 in the past 12 months

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, Information Technology
  • Stage:Series A, Series B
  • Geography: Japan, United States, Indonesia

Investor stats

  • Total investments: 183
  • Round size: Series A $1.4M–$50M; Series B $3.3M–$33M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: Likely still investing — raised $15M in 2023

Portfolio highlights

  • Space BD — Space BD aims to become a one-stop shop to respond to all issues related to industrialization of space, and alleviate the work of businesses that are developing new technologies.
  • KUZEN — KUZEN provides enterprise-grade chatbot technologies, especially the bot framework and NLP, via a visual UI without coding. The company is utilizing technology to develop a system that broadens the scope of dialogue. They use technology to provide their customers with next-generation standard procedures that broaden the possibilities ofconversation, resulting in unprecedented business practices.
  • Neusignal Therapeutics — Neusignal Therapeutics is a medical company that develops therapeutic medicines for dementia and psychiatric illnesses.
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Mobile Internet Capital
VC Fund · Tokyo, Tokyo, Japan · 11 investments in Japan Internet startups, 8 in the past 12 months

Mobile Internet Capital (MIC) keeps up on the latest developments of Mobile Internet technologies and services at a high level, and continues to be a venture capital with both technical expertise and execution capability.

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Investment focus

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

Investor stats

  • Total investments: 126
  • Round size: Seed $793k–$14M; Series A $1.1M–$50M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: May invest from a new fund soon — raised $99M 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.
  • Grafenary — Graphenary creates unique graphene optical devices using graphene materials with a variety of remarkable features.
  • Trash Technologies — Trash Technologies is an AI-powered sustainability company focusing on sourcing recycled materials with cost-offsetting benefits.
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Monex Ventures
VC Fund · Minato, Chiba, Japan · 11 investments in Japan Internet 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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W ventures
VC Fund · Shibuya, Kanagawa, Japan · 11 investments in Japan Internet startups

W Ventures is a Berlin based Venture Design and Venture Capital company that offers a complete framework for the acceleration of digital business ideas.

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Investment focus

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

Investor stats

  • Total investments: 76
  • Round size: Seed $382k–$14M; Series A $1.3M–$37M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $45M in 2019

Portfolio highlights

  • Anaguma — Anaguma handles business development based on the philosophy of helping people with a sustainable structure. The company's business objective is to eliminate concerns about purchases and reservations, and it delivers before-sales social networks. It also provides matching services exclusively for housekeepers' personal contracts. Thecompany also offers influencer marketing services with a focus on removing waste completely from advertising and realizing a world in which good products can be sold regardless of advertising costs.Anaguma was founded in January 2016 and is headquartered in Tokyo, Japan.
  • Ness — Ness is a tech company that offers 3 service websites and analytic tools for NFT marketing tool, TikTok product and NFT holders.
  • Visual Bank — Visual Bank operates a stock photo business and provides an AI data platform. It aims to create a society in which the value of Japanese creations is maximized and optimized.
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VOYAGE VENTURES
VC Fund · Tokyo, Tokyo, Japan · 10 investments in Japan Internet startups

Voyage Ventures is the venture capital arm of Voyage Group specializing in seed and early-stage investments. The firm seeks to make investments in the internet and mobile internet industry. It invests from JPY1 million ($.01million) to JPY to 10 million ($.12 million) in its portfolio companies. The firm typically invests in Japan, China, and othergrowing Asian markets. Voyage Ventures, Inc., formerly known as EC Navi Ventures Company, was founded on March 25, 2011, and is based in Tokyo, Japan.

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Investment focus

  • Industry: Software, Internet, Content
  • Stage:Venture - Series Unknown, Seed
  • Geography: Japan, China, Germany

Investor stats

  • Total investments: 71
  • Round size: Seed $200k–$7.1M; Venture - Series Unknown $275k–$2.7M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • pickupon — Pickupon is a SaaS product that automatically records and inputs calls.
  • Bravesoft — bravesoft is a software company that operates events and in-house product for contract development and events. The company offering services such as UI / UX design, application consignment development service, appvisor push, and technical research service.
  • ventus Japan — ventus is an Media and Entertainment based company.ventus aiming to be an entertainment company that provides technology that all fans can enjoy.
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DOGAN beta
VC Fund · Fukuoka, Fukuoka, Japan · 10 investments in Japan Internet startups

They believe that the fundamental challenge facing the local economy is the lack of employment diversity. Although it is a simple example, it is easier to understand if you compare the Tokyo metropolitan area with Kyushu and list the companies that can achieve annual income of 10 million yen at the age of 30 (probably with a head office in KyushuMost companies with the highest annual income will be infrastructure company

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Investment focus

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

Investor stats

  • Total investments: 48
  • Round size: Seed $273k–$5.4M; Series A $1.3M–$21M; Venture - Series Unknown $279k–$9.9M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — raised $23M in 2020

Portfolio highlights

  • Foodcam — Foodcam aims to build a comprehensive overseas distribution infrastructure for Japanese food products, enabling manufacturers and suppliers to efficiently expand into international markets through streamlined logistics, supply chain management, and global distribution solutions.
  • EUV Photon — EUV Photon is an irradiation services company that conducts processing, evaluation, and measurement of materials for EUV lights.
  • 12 Pharmacy — 12 Pharmacy is a pharmaceutical company that specializes in manufacturing and providing medicines and services for veterinary hospitals.
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MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
VC Fund · Tokyo, Tokyo, Japan · 10 investments in Japan Internet 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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Delight Ventures
VC Fund · Shibuya, Kanagawa, Japan · 10 investments in Japan Internet 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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DBJ Capital
VC Fund · Otemachi, Tokyo, Japan · 9 investments in Japan Internet startups, 11 in the past 12 months

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, Health Care, Biotechnology
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Japan, United States, Australia

Investor stats

  • Total investments: 163
  • Round size: Series A $2.4M–$57M; Series B $4.6M–$184M; Venture - Series Unknown $1.1M–$9.5M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Creattura — Creatura assists companies in reducing greenhouse gas emissions by generating and distributing carbon credits and promoting the adoption of renewable energy sources.
  • 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.
  • Kyoto Fusioneering — Kyoto Fusioneering is a research & development, design, and manufacture of parts related to fusion reactors.
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UNITED
VC Fund · Shibuya, Kanagawa, Japan · 9 investments in Japan Internet startups

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

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Investment focus

  • Industry: Apps, Software, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Nigeria, Indonesia

Investor stats

  • Total investments: 89
  • Round size: Seed $645k–$4.4M; Series A $868k–$43M; Venture - Series Unknown $1.1M–$30M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • WAKA — WAKA is a studio that produces metaverse games and specializes in contract development for domestic businesses.
  • Rehabilitation 3.0 — Rehabilitation 3.0 focuses on a preventive medical system that provides AI assessment and tracking on health, exercise, mood, and wellness.
  • Movus Technologies — Movus Technologies Indonesia is automotive company that provides car ownership rental services.
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iSGS Investment Works
VC Fund · Tokyo, Tokyo, Japan · 9 investments in Japan Internet startups

iSGS Investment Works is Japan-based venture capital firm.

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Investment focus

  • Industry: E-Commerce, Internet, Software
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, Hong Kong

Investor stats

  • Total investments: 58
  • Round size: Seed $351k–$8.5M; Series A $1.3M–$52M; Venture - Series Unknown $625k–$12M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • SOUNDRAW — Your personal AI music generator.
  • Inter Holding — Inter delivers solutions for global difficulties using vacuum technology, which uses a particular check valve to maintain a 99.5% vacuum rate.
  • Better Place — Better place vision is to create a world in which kind people can continue to be kind, as well as a society in which people can work in their own way without worrying about money.
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UTEC - The University of Tokyo Edge Capital Partners
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Internet 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, Series B
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 204
  • Round size: Seed $900k–$14M; Series A $2.3M–$18M; Series B $3.1M–$27M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fresh fund, raised $326M in 2025

Portfolio highlights

  • Mujin — At Mujin, we design automation platforms to enhance any robot, enable advanced capabilities and lower operating costs.
  • Sinumy — Sinumy develops touchless identity authentication technology and high-speed, high-precision position measurement technology.
  • X Mile — Corporate Site:https://www.xmile.co.jp/ Service Site:https://x-work.jp/
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Miraidoa
VC Fund · Kyoto, Kyoto, Japan · 8 investments in Japan Internet startups, 10 in the past 12 months

Future Venture Capital Co., Ltd. is a venture capital firm specializing in early stage investment. The firm invests in diversified investment in a broad range of industrial sectors. It seeks to invest in Japan. The firm prefers to be the lead investor in its portfolio companies. Future Venture Capital Co., Ltd. was founded in 1998 and is based inKyoto, Japan with offices in Tokyo, Aomori, Iwate, Yamagata, Kanazawa, Mie, Sakai, Kobe, and Ehime.

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Investment focus

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

Investor stats

  • Total investments: 165
  • Round size: Seed $338k–$5.3M; Series A $1.2M–$16M; Venture - Series Unknown $96k–$4.6M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $2.5M in 2020

Portfolio highlights

  • Naorai — Naorai is a food and beverage firm that manufactures wine, beer, spirits, and non-alcoholic beverages.
  • Sinumy — Sinumy develops touchless identity authentication technology and high-speed, high-precision position measurement technology.
  • Dioseve — Dioseve is providing novel possibilities for all life.
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B Dash Ventures
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Internet startups

B Dash Ventures does seed to late stage tech investments in Japan, Asia Pacific, and the U.S. LPs include Japan's largest technology companies and financial institutions including NTT Docomo, Mitsubishi UFJ Capital, GREE, NEC BIGLOBE, Fuji Television, and the Japanese government. B Dash Ventures also operates an incubation space inpartnership with Mori Building Co. and holds the invitation-based B Dash Camp conference.

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Investment focus

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

Investor stats

  • Total investments: 93
  • Round size: Seed $804k–$28M; Venture - Series Unknown $267k–$9.5M
  • Lead/follow: 25% lead, 75% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Spike Studio — Spike Studio Inc., established in November 2023, is a Tokyo-based company specializing in generative AI and large language models. Their mission is to enhance Japan’s labor productivity tenfold by integrating advanced AI solutions into client operations and services. The company offers customized AI solutions, system integration, data analysis,predictive modeling, and training programs to help clients leverage generative AI effectively. Co-founded by CEO Shigeru Kuroyanagi and COO Hirohide Sano, Spike Studio aims to address challenges such as declining international competitiveness, an aging population, and labor shortages in Japan.
  • Yosemite — Yosemite is a wellness company that provides health and wellness products, supplements, skincare, and personal care items.
  • Innovative Space Carrier — Innovative Space Carrier is a aerospace company that offers space transportation systems, planning, drafting and technology strategies.
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MIRAISE
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Internet 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: 52
  • Round size: Seed $183k–$4M; Pre-Seed $1.3M–$1.9M
  • Lead/follow: 17% lead, 83% follow
  • Last fund: May invest from a new fund soon — raised $4.6M in 2019

Portfolio highlights

  • Plainer — Plainer is an IT company that provides software development, data management, and SaaS solutions.
  • Packative — Platform to design and order custom packaging online
  • CareLink — CareLink is an app that connects people looking for one-time part-time work in nursing and welfare.
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Hakuhodo DY Ventures
VC Fund · Minato, Chiba, Japan · 8 investments in Japan Internet startups

Hakuhodo DY Ventures is a corporate venture capital firm.

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Investment focus

  • Industry: Marketing, Health Care, Information Technology
  • Stage:Series A, Series B
  • Geography: Japan, Australia, Singapore

Investor stats

  • Total investments: 74
  • Round size: Series A $1.8M–$12M; Series B $4.6M–$14M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Creator's X — Creator's X is an anime production firm that focuses on developing animation production assistance tools using AI.
  • Knowledge Work — Knowledge Work specializes in the development and sales of software for companies.
  • Third Intelligence — Third Intelligence is an AI research and development firm dedicated to producing a new type of intelligence and achieving artificial general intelligence (AGI). Through cutting-edge research, advanced algorithm development, and large-scale computing capabilities, the company aims to push the boundaries of machine cognition, enabling systems thatcan reason, learn, and adapt across diverse domains.
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XTech Ventures
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Internet 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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Accord Ventures
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Internet startups

Accord Ventures is a venture capital firm that believes in and supports the potential of Asian entrepreneurs. It has invested in more than 50 startups in Japan, the United States, Taiwan, and Southeast Asia, and new technologies that bring new value to society, such as IoT, AI, and fintech, with a focus on platform businesses that utilize ITtechnology. And new services are supported.

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Investment focus

  • Industry: Internet, Software, Artificial Intelligence
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, Malaysia, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $672k–$21M; Series A $1.3M–$28M; Venture - Series Unknown $518k–$11M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Opt Fit — Opt Fit is a fitness industry that provides fitness, wellness and health-care services.
  • Yondemy — Yondemy is an online platform for children reading books.
  • Thinkfree — Deploy a self-hosted productivity suite inside your own infrastructure. Thinkfree offers on-premise online office, private cloud storage, and LLM-integrated document workflows for enterprise and SaaS platforms.
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Headline Asia (formerly Infinity Ventures)
VC Fund · Tokyo, Tokyo, Japan · 8 investments in Japan Internet startups

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

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Investment focus

  • Industry: Software, FinTech, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Japan, China, United States

Investor stats

  • Total investments: 151
  • Round size: Seed $661k–$10M; Series A $2M–$41M; Series B $2.2M–$34M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely actively investing — fresh fund, raised $145M in 2025

Portfolio highlights

  • Recri — Recri works for the entertainment industry and specializes in operations management tasks like ticketing for stage, film, and music shows.
  • 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.
  • AI Mage — AI Mage is an IT company that provides AI solutions for anime production business industries.
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Antler
VC Fund · Singapore, Central Region, Singapore · 7 investments in Japan Internet startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 1821
  • Round size: Seed $186k–$4.6M; Pre-Seed $108k–$755k; Series A $4.6M–$28M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • Deja — Modern Rituals & Natural Products from the Ancient Science of Ayurveda
  • Enoki Inc — Multiplayer-enabled tools for developers. Enoki has 18 repositories available. Follow their code on GitHub.
  • Homethings — Single-use plastic is bonkers. Homethings makes cleaning products that make sense. No more shipping water in plastic bottles. We send non toxic cleaning tabs so that you can refill over and over again using your tap.
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Primal Capital
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Internet 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, Pre-Seed
  • Geography: Japan, Spain, Switzerland

Investor stats

  • Total investments: 32
  • Round size: Seed $862k–$18M; Pre-Seed $1.2M–$2.5M
  • 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.
  • xCARE — xCARE specializes in the development and commercialization phases of the pharmaceutical and medical device industries.
  • Bizibl Technologies — Bizibl Technologies provides SaaS services for recruitment events.
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GMO VenturePartners
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Internet 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: 168
  • Round size: Seed $665k–$43M; Series A $2M–$15M; Series B $3M–$49M
  • Lead/follow: 10% lead, 90% follow
  • Last fund: May invest from a new fund soon — raised $27M in 2018

Portfolio highlights

  • 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.
  • Sharing Energy — Sharing Energy is providing energy supply and energy management services.
  • 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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D4V
VC Fund · Minato, Chiba, Japan · 7 investments in Japan Internet startups, 8 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, E-Commerce
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Japan, United States, Singapore

Investor stats

  • Total investments: 86
  • Round size: Seed $443k–$7M; Series A $1.2M–$18M; Venture - Series Unknown $823k–$14M
  • Lead/follow: 14% lead, 86% follow
  • Last fund: May invest from a new fund soon — raised $46M in 2018

Portfolio highlights

  • Sazo — Sazo specializes in constructing a global e-commerce and logistics network with AI.
  • Dioseve — Dioseve is providing novel possibilities for all life.
  • Genba Hub — Genba Hub specializes in providing business management systems for construction and maintenance enterprises.
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DIMENSION
VC Fund · Kasumigaseki, Tokyo, Japan · 7 investments in Japan Internet startups

DIMENSION is an investment fund management company.

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Investment focus

  • Industry: Artificial Intelligence, Content, Manufacturing
  • Stage:Series A, Series B
  • Geography: Japan, India, Romania

Investor stats

  • Total investments: 57
  • Round size: Series A $2.1M–$79M; Series B $895k–$52M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • 400F — 400F develops services to solve problems related to people's lives and assets. It was founded in 2017 and is headquartered in Tokyo.
  • Utaite — Utaite is an operator of an entertainment platform that focuses on planning, production, and development of entertainment content.
  • Rocket Link Technology — Rocket Link Technology is a product development company that specializes in designing LTP rockets for space travel.
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YJ Capital
VC Fund · Tokyo, Tokyo, Japan · 7 investments in Japan Internet 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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Internet VC funding in Japan at a glance

Stats across 891 deals from 888 investors.

888
investors
in Japan Internet startups
891
deals
in Japan Internet startups
$3.4M
median round
in Japan Internet startups
36%
lead investors
lead at least one round
24%
Venture - Series Unknown
most common funding stage

Access all 888 VC funds in Japan Internet startups.

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