# The Norinchukin Bank

> The Norinchukin Bank is a VC fund in Tokyo backing Finance and Agriculture. See 43 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Tokyo, Japan
- Total investments: 43
- Last investment: May 2026
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/%E8%BE%B2%E6%9E%97%E4%B8%AD%E5%A4%AE%E9%87%91%E5%BA%AB/
- Website: https://www.nochubank.or.jp/en/
- Facebook: https://www.facebook.com/pages/%E8%BE%B2%E6%9E%97%E4%B8%AD%E5%A4%AE%E9%87%91%E5%BA%AB/146145792091412

The Norinchukin Bank is a VC fund in Tokyo focused on Finance and Agriculture. Norinchukin Bank is a commercial bank that provides deposits, settlements, securities investment, and other banking services for Japan's system of agricultural, forestry, and fishery cooperatives. The firm also provides corporate finance and securities investment services; short-term money market transactions; foreign exchange transactions;financial derivatives, and various other financial products trading services.Norinchukin Bank was established in 1912 and is headquartered in Tokyo, Japan.

## Contacts

5 contacts available for The Norinchukin Bank. Shizune tracks 7 team members at The Norinchukin Bank. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/the-norinchukin-bank?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Finance | 6 | 14% |
| Agriculture | 6 | 14% |
| Food and Beverage | 6 | 14% |
| Financial Services | 6 | 14% |
| AgTech | 5 | 12% |

78 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 10 | 23% |
| Series C | 6 | 14% |
| Funding Round | 6 | 14% |
| Debt Financing | 4 | 9% |
| Venture - Series Unknown | 4 | 9% |

11 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Japan | 28 | 65% |
| United States | 2 | 5% |
| United Arab Emirates | 2 | 5% |
| Egypt | 1 | 2% |
| India | 1 | 2% |

12 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Hidetoshi Hasegawa | Global Head of Credit and Alternative Investments | 1 | — |
| Katsuhiko Ushikubo | Chief Investment Officer, Director, and Senior Managing Executive Officer | 0 | — |
| Oku Kazuto | CEO, Representative Director and President | 0 | — |
| Stephen Gruppo | Independent Member US Risk Committee | 0 | — |
| Tatsuya Otsubo | Alternative Investments (Private Equity) Manager | 1 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ACCIONA | ACCIONA is one of the foremost Spanish business corporations, leader in the development and management of infrastructure, renewable energy, water and services. Listed on the selective Ibex-35 stock exchange index, it is a benchmark for the market. The Company was set up over a century ago and is made up of more than 30,000 employees and has apresence in more than 30 countries on five continents. See more at: http://www.acciona.com | $170.4M | Post-IPO Debt | May 11, 2026 |  |
| Estie | Estie is a Development of AI / machine learning algorithm and new business in real estate company. |  |  | Apr 10, 2026 |  |
| Subaru Corporation | Subaru Corporation, formerly known as Fuji Heavy Industries, Ltd. from 1953 to 2017, is a Japanese multinational corporation and conglomerate primarily involved in both terrestrial and aerospace transportation manufacturing. It is best known for its line of Subaru automobiles. The company's aerospace division serves as a defense contractor tothe Japanese government, manufacturing Boeing and Lockheed Martin helicopters and airplanes under license. This same division is a global development and manufacturing partner to both companies. | $628M | Post-IPO Debt | Mar 31, 2026 |  |
| Digital Securities Preparatory | Digital Securities Preparatory is a fintech company offering financial products to the real estate industry. | $1.9M | Series A | Dec 26, 2025 |  |
| Yuime | Yuime is an HR consulting firm that offers agricultural staffing, contract farming, and recruitment services. | $5.2M | Series B | Apr 14, 2025 |  |
| Hakki Africa | HAKKI AFRICA provides microfinance services for SMEs. | $12.7M | Series C | Feb 03, 2025 |  |
| Yuime | Yuime is an HR consulting firm that offers agricultural staffing, contract farming, and recruitment services. | $2.8M | Series B | Jan 20, 2025 |  |
| EarthOptics | GroundTruth Ag is a soil cloud creator specializing in sustainable agricultural management. GroundTruth offers insights into soil management and health as well as near-real-time actionable data layers that cover the physical, chemical, and biological characteristics of the soil. This technology allows farmers to obtain accurate soil informationwhile also offering carbon creditors low-cost, hyper-accurate verification. | $24M | Venture - Series Unknown | Nov 19, 2024 |  |
| Red Sea Wind Energy | Red Sea Wind Energy is a joint-stock company that constructs and operates a greenfield wind farm. | $106M | Debt Financing | Nov 19, 2024 |  |
| Agrolend | Agrolend was born to revolutionize the agribusiness sector for small and medium size farmers in Brazil, giving them access to sustainable credit that is needed to finance the development of their production and incentivize investment in equipment/technology. We help farmers to increase their productivity and profitability. Using cutting edgetechnology and an innovative credit analysis, Agrolend provides loans without any physical guarantees such as farms or grains. Our target is to avoid the slowness of the traditional banking system as this is a major problem for farmers looking for additional credit. | $52.7M | Series C | Oct 18, 2024 |  |

10 of 43 investments shown.

## Co-investors
- [Global Brain Corporation](https://shizune.co/investors/profile/global-brain-corporation) — VC Fund, 8 deals together
- [SMBC Venture Capital](https://shizune.co/investors/profile/smbc-venture-capital) — VC Fund, 4 deals together
- [Sumitomo Mitsui Banking Corporation](https://shizune.co/investors/profile/sumitomo-mitsui-banking-corporation) — VC Fund, 4 deals together
- [Sumitomo Mitsui Trust Bank](https://shizune.co/investors/profile/sumitomo-mitsui-trust-bank) — VC Fund, 4 deals together
- [National Federation of Agricultural Cooperative Associations](https://shizune.co/investors/profile/national-federation-of-agricultural-cooperative-associations) — VC Fund, 3 deals together
- [SBI Investment](https://shizune.co/investors/profile/sbi-investment-2) — VC Fund, 3 deals together

## Similar investors

### 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

## FAQ

### What does The Norinchukin Bank invest in?

The Norinchukin Bank invests primarily in Finance, Agriculture and Food and Beverage startups, most often at Series A and Series C stage. Most of the 43 investments tracked by Shizune back companies in Japan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact The Norinchukin Bank?

Public channels for The Norinchukin Bank 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 The Norinchukin Bank?

The team at The Norinchukin Bank includes Hidetoshi Hasegawa (Global Head of Credit and Alternative Investments), Katsuhiko Ushikubo (Chief Investment Officer, Director, and Senior Managing Executive Officer) and Oku Kazuto (CEO, Representative Director and President), among 7 team members tracked by Shizune. 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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