# Primal Capital

> Primal Capital is a VC fund backing Software and Information Technology. See 32 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Tokyo, Japan
- Total investments: 32
- Last investment: Sep 2025
- Lead investor: 19%
- Fund size: $42M
- Last fund: Nov 2014
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/primal-capital-gmbh/
- Website: http://primalcap.com/
- Facebook: https://www.facebook.com/primalcapital

Primal Capital is a VC fund in Tokyo focused on Software and Information Technology. 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

## Contacts

5 contacts available for Primal Capital. Shizune tracks 1 team members at Primal Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/primal-capital-2?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $768k–$18M |
| Venture - Series Unknown | $415k–$17M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 5 | 16% |
| Information Technology | 4 | 13% |
| Internet | 3 | 9% |
| E-Commerce | 3 | 9% |
| FinTech | 2 | 6% |

64 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 17 | 53% |
| Funding Round | 5 | 16% |
| Venture - Series Unknown | 3 | 9% |
| Pre-Seed | 2 | 6% |
| Series A | 1 | 3% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Japan | 20 | 63% |
| Spain | 1 | 3% |
| Switzerland | 1 | 3% |
| United States | 1 | 3% |
| The Netherlands | 1 | 3% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Hiroshi Sasaki | General Partner | 9 | https://shizune.co/investors/profile/hiroshi-sasaki-2 |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Bizibl Technologies | Bizibl Technologies provides SaaS services for recruitment events. | $1.4M |  | Sep 10, 2025 |  |
| RemitAid | RemitAid is a fintech company that operates an overseas payment platform for cross-border transactions between companies. | $1M | Seed | Aug 20, 2024 |  |
| xCARE | xCARE specializes in the development and commercialization phases of the pharmaceutical and medical device industries. | $862.5K | Seed | Feb 13, 2024 |  |
| Hivello | Hivello engages in DePIN (Decentralised Physical Infrastructure Networks) protocols for Web3 applications without any specialized technical knowledge. | $2.5M | Pre-Seed | Dec 14, 2023 |  |
| Degas | Degas develops solutions to improve the productivity of small-scale farmers in Africa. | $6.8M | Venture - Series Unknown | Dec 13, 2023 |  |
| Rand App | Rand is a fintech firm that offers banking services, savings, deposits, and account opening. |  | Seed | Apr 20, 2023 |  |
| Auros | Auros designs and develops cutting-edge proprietary trading technology for cryptocurrency markets. | $17M | Venture - Series Unknown | Mar 21, 2023 |  |
| BluWhale | BluWhale's mission is to leverage AI and ML to allow game developers to focus on ways to improve the game rather than wrangling and making sense of astronomical amounts of data. BluWhale's smart automation will do the heavy lifting usually reserved for data analysts and data scientists all in the background, and surface actionable insight |  | Seed | Mar 11, 2023 |  |
| Mawari | Mawari is a pioneer in cloud rendering and streaming technology for interactive AR experiences. Mawari provides an AR-focused streaming SDK that renders 3D content in the cloud and delivers it efficiently to devices. Core to the AR Streaming SDK is Mawari’s unique, patent-pending compression technology that minimizes the weight of 3D content andenables real-time rendering and streaming to smartphones and AR glasses. | $6.5M | Seed | Feb 08, 2023 |  |
| xCARE | xCARE specializes in the development and commercialization phases of the pharmaceutical and medical device industries. |  | Seed | May 01, 2022 |  |

10 of 32 investments shown.

## Co-investors
- [Incubate Fund](https://shizune.co/investors/profile/incubate-fund) — VC Fund, 5 deals together
- [Primal Capital](https://shizune.co/investors/profile/primal-capital-48b8) — VC Fund, 4 deals together
- [White Loop Capital](https://shizune.co/investors/profile/white-loop-capital) — VC Fund, 3 deals together
- [Animal Spirits Ltd.](https://shizune.co/investors/profile/animal-spirits-ltd) — VC Fund, 2 deals together
- [ANRI](https://shizune.co/investors/profile/anri) — VC Fund, 2 deals together
- [Blockchange Ventures](https://shizune.co/investors/profile/blockchange-ventures) — VC Fund, 2 deals together

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## FAQ

### What does Primal Capital invest in?

Primal Capital invests primarily in Software, Information Technology and Internet startups, most often at Seed and Funding Round stage. Most of the 32 investments tracked by Shizune back companies in Japan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Primal Capital's check size?

Primal Capital typically joins rounds of $768k–$18M at Seed and $415k–$17M at Venture - Series Unknown. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Primal Capital participates in.

### How do I contact Primal Capital?

Public channels for Primal Capital include LinkedIn, the website linked on this profile and Facebook. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Primal Capital?

The team at Primal Capital includes Hiroshi Sasaki (General Partner). The Team section lists each member with their title, investment count and links.

### 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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