# D2C&Co.

> D2C&Co. is a VC fund in Tokyo backing Beauty, Cosmetics and Manufacturing. See 4 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tokyo, Japan
- Total investments: 4
- Last investment: Dec 2020
- Lead investor: 0%
- Last updated: Aug 2026
- Website: https://www.d2c.company

D2C&Co. is a VC fund in Tokyo focused on Beauty and Cosmetics. D2C&Co. provides human resources store management and customer service.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Beauty | 2 | 50% |
| Cosmetics | 2 | 50% |
| Manufacturing | 2 | 50% |
| Coffee | 1 | 25% |
| Fashion | 1 | 25% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Funding Round | 1 | 25% |
| Venture - Series Unknown | 1 | 25% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| PostCoffee | PostCoffee is an online coffee platform that provides coffee subscription and delivery services. |  | Seed | Dec 01, 2020 |  |
| Mellia | Mellia is a beauty company that provides cosmetics, body care products, and supplements. | $42.5M |  | Oct 16, 2020 |  |
| UNNATURALLY NATURAL | UNNATURALLY NATURAL offers development, manufacturing and sales services of cosmetics products. | $14.2M | Seed | Oct 08, 2020 |  |
| DINETTE | DINETTE is a cosmetics manufacturing company that engages in the advertising, marketing, and production of beauty and skin care products. | $2.8M | Venture - Series Unknown | May 07, 2020 |  |

4 of 4 investments shown.

## Co-investors
- [Ceres](https://shizune.co/investors/profile/ceres-inc-) — VC Fund, 2 deals together
- [POLA Orbis Holdings](https://shizune.co/investors/profile/pola-orbis-holdings) — VC Fund, 2 deals together
- [Akatsuki Games Inc.](https://shizune.co/investors/profile/akatsuki-3) — VC Fund, 1 deal together
- [East Ventures](https://shizune.co/investors/profile/east-ventures) — VC Fund, 1 deal together
- [LINE Ventures](https://shizune.co/investors/profile/line-ventures) — VC Fund, 1 deal together
- [MARUI GROUP](https://shizune.co/investors/profile/marui-group) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [Mitsubishi UFJ Capital](https://shizune.co/investors/profile/mitsubishi-ufj-capital) — VC Fund
- [SMBC Venture Capital](https://shizune.co/investors/profile/smbc-venture-capital) — VC Fund
- [Mizuho Capital](https://shizune.co/investors/profile/mizuho-capital) — VC Fund

## Featured in investor lists
- [Food and Beverage VC Funds in Japan](https://shizune.co/investors/food-and-beverage-vc-funds-japan)

## FAQ

### What does D2C&Co. invest in?

D2C&Co. invests primarily in Beauty, Cosmetics and Manufacturing startups, most often at Seed and Funding Round stage. Most of the 4 investments tracked by Shizune back companies in Japan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did D2C&Co. last invest?

The most recent investment recorded for D2C&Co. closed in Dec 2020. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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