# Hulic

> Hulic is a VC fund in Tokyo backing Aerospace, Space Travel and Manufacturing. See 9 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tokyo, Japan
- Total investments: 9
- Last investment: Apr 2026
- Lead investor: 11%
- Last updated: Aug 2026
- Website: https://www.hulic.co.jp

Hulic is a VC fund in Tokyo focused on Aerospace and Space Travel. Hulic operates a real estate and marketable securities investment business.

## Round sizes

| Stage | Round size |
| --- | --- |
| Series B | $6.5M–$23M |
| Series C | $15M–$92M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Aerospace | 2 | 22% |
| Space Travel | 2 | 22% |
| Manufacturing | 2 | 22% |
| Energy | 1 | 11% |
| Medical | 1 | 11% |

28 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 2 | 22% |
| Series B | 2 | 22% |
| Series C | 2 | 22% |
| Seed | 1 | 11% |
| Series E | 1 | 11% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Japan | 8 | 89% |
| Singapore | 1 | 11% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Magic Shields | Magic Shields develops impact-absorbing flooring solutions designed to reduce injuries from falls in care environments. The company produces cushioning floor materials that use a structured design to balance softness for safety with firmness for everyday mobility, supporting both residents and caregivers. Its products are used in settings such asnursing homes and healthcare facilities, where fall-related injuries are a concern.The flooring system is engineered to absorb shock during a fall while maintaining stability for walking and the use of equipment like wheelchairs or carts. This approach aims to help reduce the severity of injuries without disrupting daily operations.Magic Shields also conducts research and testing to evaluate the effectiveness of its materials, contributing data to support adoption in care settings and inform ongoing product development. | $6.5M | Series B | Apr 21, 2026 |  |
| RECOTECH | RECOTECH is a ClimateTech firm that collects and shares data to maximize resource value throughout its life cycle, offering circular solutions to organizations and municipalities in Japan and beyond. |  | Series A | Feb 27, 2026 |  |
| 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. | $15.4M | Series C | Jan 23, 2026 |  |
| Manabie | Manabie is an Education Technology start-up company on a mission to provide a new style of online & offline merged learning around the world. It provides students with everything they need for efficient learning, learning materials, learning environments, and personal coaches. The company integrates online and offline learning. | $23M | Series B | Apr 30, 2025 |  |
| 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. | $2.5M | Seed | Sep 05, 2024 |  |
| GRA&GREEN | GRA&GREEN is an agribio startup that creates the next era of food and agriculture. They produce crops using the same amount of space and resources. The company aims to maximize output through a variety of approaches, such as increasing crop yields and improving storage stability. The goal of GRA&GREEN is to increase crops' use offertilizer while increasing their resistance to pests and environmental challenges. | $4.1M | Series C | Jun 21, 2024 |  |
| HarvestX | HarvestX manufactures fully automatic robots which contributes to the shortage of agricultural human resources and stable food production | $2.7M | Series A | Mar 20, 2024 |  |
| Astroscale | Astroscale is one of the few companies in the world proposing to aid in the removal of orbital debris through the provision of End of Life (EOL) and Active Debris Removal (ADR) services. In addition to providing a technical solution, Astroscale is helping to define the business case for this service and are working with national space agencies,international institutions, non-profit organizations, insurance companies and satellite operators to develop norms, regulations and incentives that contribute to the responsible use of space. | $51M | Series E | Oct 13, 2020 |  |
| EcoNaviSta | Eco Navista Corporation is a bio & IT company that creates solutions for ICT systems based on medical research such as fatigue and sleep. |  | Corporate Round | Feb 21, 2020 |  |

9 of 9 investments shown.

## Co-investors
- [Mizuho Capital](https://shizune.co/investors/profile/mizuho-capital) — VC Fund, 5 deals together
- [Mitsubishi UFJ Capital](https://shizune.co/investors/profile/mitsubishi-ufj-capital) — VC Fund, 4 deals together
- [Energy & Environment Investment](https://shizune.co/investors/profile/energy-environment-investment) — VC Fund, 2 deals together
- [JIC Venture Growth Investments](https://shizune.co/investors/profile/jic-venture-growth-investments) — VC Fund, 2 deals together
- [Mercuria Investment](https://shizune.co/investors/profile/mercuria-investment) — VC Fund, 2 deals together
- [Spiral Innovation Partners](https://shizune.co/investors/profile/spiral-innovation-partners) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [Lowercarbon Capital](https://shizune.co/investors/profile/lowercarbon-capital) — VC Fund
- [Breakthrough Energy Ventures](https://shizune.co/investors/profile/breakthrough-energy-ventures) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — 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
- [General Catalyst](https://shizune.co/investors/profile/general-catalyst-partners) — VC Fund

### Similar country
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [East Ventures](https://shizune.co/investors/profile/east-ventures) — VC Fund
- [IDG Capital](https://shizune.co/investors/profile/idg-capital-partners) — VC Fund

## Featured in investor lists
- [Renewable Energy Investors in Japan](https://shizune.co/investors/renewable-energy-investors-japan)
- [Renewable Energy VC Funds in Asia](https://shizune.co/investors/renewable-energy-vc-funds-asia)

## FAQ

### What does Hulic invest in?

Hulic invests primarily in Aerospace, Space Travel and Manufacturing startups, most often at Series A and Series B stage. Most of the 9 investments tracked by Shizune back companies in Japan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Hulic's check size?

Hulic typically joins rounds of $6.5M–$23M at Series B and $15M–$92M at Series C. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Hulic participates in.

### When did Hulic last invest?

The most recent investment recorded for Hulic closed in Apr 2026. Shizune tracks 9 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co