# Joyo Industrial Research Institute

> Joyo Industrial Research Institute is a VC fund in Mito backing Manufacturing and Software. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Mito, Japan
- Total investments: 7
- Last investment: Mar 2021
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.jir-web.co.jp

Joyo Industrial Research Institute is a VC fund in Mito focused on Manufacturing and Software. Joyo Industrial Research Institute is provides consulting services to local governments training and human resource development.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Manufacturing | 3 | 43% |
| Software | 2 | 29% |
| Legal | 1 | 14% |
| Drones | 1 | 14% |
| Mobile | 1 | 14% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 3 | 43% |
| Series B | 1 | 14% |
| Series C | 1 | 14% |
| Private Equity | 1 | 14% |
| Venture - Series Unknown | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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. |  | Venture - Series Unknown | Mar 16, 2021 |  |
| Photosynth | Photosynth is a powerful set of tools for capturing and viewing the world in 3D. | $33M | Private Equity | Aug 07, 2020 |  |
| BeBit | BeBit is a consulting firm that provides customer experience management and user-centered design support services. | $368.5M |  | Jul 27, 2020 |  |
| Metcela | Metcela is a clinical-stage biotech startup providing patients with an innovative and alternative treatment option for heart disease. The company's lead asset, MTC001 is a cell therapy based on VCAM-1-positive Cardiac Fibroblast (VCF) that re-established a favorable microenvironment and repaired damaged heart tissues in preclinical studies.Metcela's therapy uses a specific fibroblast cell that is obtained from the patient's heart and instead of replacing them, it repairs the damage by enhancing the cells' ability to heal, providing patients with an effective and reasonably-priced cure for heart failure.It was founded on March 9, 2016, and is headquartered in Kawasaki, Japan. | $4M | Series B | Mar 18, 2020 |  |
| yasaikobo | yasaikobo is astart-up to operate a fully artificial light plant plant factory. | $34M |  | Aug 28, 2018 |  |
| AeroEdge | AeroEdge manufactures equipment for the aerospace industry. It specializes in automobile, hydraulic equipment, construction machinery, and aerospace. The company was founded in 2015 and is headquartered in Tokyo, Japan. | $311.8M |  | Mar 27, 2018 |  |
| Fuller | Fuller is a software development company that builds mobile phone applications and provides internet media services. The company’s products include App Ape Analytics and App Ape Lab.App Ape Analytics is a trend research and analysis app that investigates the usage of Android terminal, and offers the viewing rate data; the number of active usersof the application; and user attribute information such as the user’s age gender, the user who is in possession of the application, and more.App Ape Lab analyzes the trends and offers real-time information of the app market.Fuller was founded in 2011 and is based in Chiba, Japan. | $4.2M | Series C | Jul 20, 2016 |  |

7 of 7 investments shown.

## Co-investors
- Asigin Research institute Ltd. — VC Fund, 2 deals together
- Japan Lifeline — VC Fund, 2 deals together
- Joyo Bank — VC Fund, 2 deals together
- [Dentsu Group](https://shizune.co/investors/profile/dentsu-group) — VC Fund, 1 deal together
- [Development Bank of Japan](https://shizune.co/investors/profile/development-bank-of-japan) — VC Fund, 1 deal together
- [Drone Fund](https://shizune.co/investors/profile/drone-fund) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

## FAQ

### What does Joyo Industrial Research Institute invest in?

Joyo Industrial Research Institute invests primarily in Manufacturing, Software and Legal startups, most often at Funding Round and Series B stage. Most of the 7 investments tracked by Shizune back companies in Japan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Joyo Industrial Research Institute last invest?

The most recent investment recorded for Joyo Industrial Research Institute closed in Mar 2021. Shizune tracks 7 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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