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Top 10 Wine and Spirits VC Funds & Investors in Japan (June 2026)

The most active venture capital funds investing in Japan Wine And Spirits startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Japan Wine And Spirits startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Nissay Capital
VC Fund
2 Japan, United States, Ethiopia Seed, Series A Health Care, Information Technology, Medical $709k–$77M
Money Forward Venture Partners
VC Fund
2 Japan, United States, Hong Kong Seed, Series A Information Technology, Software, Artificial Intelligence $1.8M–$928M
Challenjers Capital
VC Fund
1 China, United States, Japan Series A, Angel, Seed Manufacturing, E-Commerce, Food and Beverage $425k–$11M
JAFCO Group
VC Fund
1 Japan, United States Series B, Series C Information Technology, Software, E-Commerce $49M–$1.7B
Makuake
VC Fund
1 Japan, United States Product Crowdfunding, Equity Crowdfunding, Seed E-Commerce, Manufacturing, Food and Beverage $79k–$68M
CITIC Agriculture
VC Fund
1 China, Japan Series A, Series B, Series C Wine and Spirits, Food and Beverage, Drones $2.9M–$113M
MAKOTO Capital
VC Fund
1 Japan Series A, Series B Medical, Manufacturing, Software $13M–$283M
Ningxia State Investment
VC Fund
1 Japan Series A Manufacturing, Wine and Spirits
Spiral Ventures
VC Fund
1 Japan, India, Indonesia Seed, Series A, Series B E-Commerce, Internet, Information Technology $500k–$103M
DOGAN beta
VC Fund
1 Japan Seed, Series A Information Technology, Health Care, Internet $37k–$700M
Access all 23 VC funds in Japan Wine And Spirits startups.

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Investor list

Nissay Capital
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Wine And Spirits startups

Nissay Capital is a venture capital Company specializing in seed, start-up, growth capital, middle stage, and later stage investment.

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Investment focus

  • Industry: Health Care, Information Technology, Medical
  • Stage:Seed, Series A
  • Geography: Japan, United States, Ethiopia

Investor stats

  • Total investments: 223
  • Round size: Seed $709k–$43M; Series A $2.7M–$77M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Todoker — Todoker is a baggage delivery convenient service providing company.
  • CREO Bioscience — Cleo Bioscience is a Biotechnology company.
  • Fabric Tokyo — FABRIC TOKYO is a Japanese startup provides a direct-to-consumer custom-made apparel brand. (former-company name Lifestyle Design Co., Ltd.). It enables customers to save their sizes, idea fabrics, and favorite designs, allowing them to make their original clothing later.FABRIC TOKYO was founded in 2012 by Yuichiro Mori and is based in Tokyo,Japan.
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Money Forward Venture Partners
VC Fund · Tokyo, Tokyo, Japan · 2 investments in Japan Wine And Spirits startups

Money Forward Venture Partners operates HIRAC FUND, a seed fund specializing in seed and early-stage startups.

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Investment focus

  • Industry: Information Technology, Software, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Japan, United States, Hong Kong

Investor stats

  • Total investments: 44
  • Round size: Seed $1.8M–$213M; Series A $18M–$928M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $419M in 2020

Portfolio highlights

  • AiCAN — AiCAN provides system planning and development, data analysis, IT, and consulting services related to child welfare.
  • 3S — 3S is a SaaS developer platform that provides and operates 24-hour home nursing care services through technology.
  • CI Partners — CI Partners mission is to "eliminate the word 'disability' from this country," and with the message "Everyone is a star."
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Challenjers Capital
VC Fund · Beijing, Beijing, China · 1 investments in Japan Wine And Spirits startups

Challenjers Capital invests in China, and help build iconic brands of tomorrow. They determined to invest in the start-ups, which create authentic products and services, instead of companies, which inflate their margins with marketing fees.

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Investment focus

  • Industry: Manufacturing, E-Commerce, Food and Beverage
  • Stage:Series A, Angel, Seed
  • Geography: China, United States, Japan

Investor stats

  • Total investments: 44
  • Round size: Seed $4M–$10M; Angel $425k–$1.5M; Series A $1.4M–$11M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • AromeManpo — AromeManpo is a brand of aromatherapy skin care. AromeManpo pioneered the skin care system with aromatherapy + biological fermentation, restoring the skin's health barrier on multiple levels.
  • Tiaohai Tavern — Tiaohai Tavern is a community tavern service provider.
  • Shangbai Global — Shangbai Global specializes in cross-border e-commerce for products like bed sheets, duvet covers, pillowcases, blankets, and cushions.
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JAFCO Group
VC Fund · 1 investments in Japan Wine And Spirits startups

JAFCO Group is a venture capital firm that primarily invests in domestic and foreign private companies.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Series B, Series C
  • Geography: Japan, United States

Investor stats

  • Total investments: 37
  • Round size: Series B $59M–$1.7B; Series C $49M–$857M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Parallel — Parallel is the hangout app where you can enjoy games, videos, music, and more with friends.
  • Blue Laser Fusion — Blue Laser Fusion is a commercial fusion company. Blue Laser Fusion is a laser startup to commercialize laser fusion by inventing its own laser and fusion reactor.
  • Nanofiber Quantum Technologies — Discover how NanoQT builds the foundation for scalable quantum computing with nanofiber cavity-QED technology and high-fidelity quantum connectivity.
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Makuake
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Japan Wine And Spirits startups

Makuake is a operation of various support services centered on the cloud funding platform "Makuake".It is a product production support project utilizing R & D technology.

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Investment focus

  • Industry: E-Commerce, Manufacturing, Food and Beverage
  • Stage:Product Crowdfunding, Equity Crowdfunding, Seed
  • Geography: Japan, United States

Investor stats

  • Total investments: 41
  • Round size: Seed $170k–$68M; Equity Crowdfunding $79k–$3.3M; Product Crowdfunding $312k–$15M
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Now Do — Now Do provides online growth revolution platform.
  • Wakaze — Wakaze is a Japanese sake brewing startup.
  • Minimal - Bean to Bar Chocolate — Minimal - Bean to Bar Chocolate is a Chocolate startup
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CITIC Agriculture
VC Fund · Beijing, Beijing, China · 1 investments in Japan Wine And Spirits startups

CITIC Agriculture serves as the only platform to plan and execute CITIC Limited’s agriculture investment strategy. CITIC Agriculture focuses on agricultural biotechnology with a mission of upgrading China’s agricultural industry. Leveraging CITIC Limited's advantages in capital, branding and internationalisation, CITIC Agriculture today isbuilding and shaping globally competitive agricultural companies.

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Investment focus

  • Industry: Wine and Spirits, Food and Beverage, Drones
  • Stage:Series A, Series B, Series C
  • Geography: China, Japan

Investor stats

  • Total investments: 7
  • Round size: Series B $2.9M–$113M
  • Lead/follow: 71% lead, 29% follow

Portfolio highlights

  • Xige Estate — Xige Estate operates a wine estate that has more than 30,000 acres of its own vineyards. It has advanced production equipment, including fermentation tanks, intelligent temperature-controlled brewing systems, pre-processing equipment, filling lines, and vineyard intelligent agricultural control systems.The company was founded in 2017 and isheadquartered in Qingtongxia, Ningxia, China.
  • Qihe Biotech — Qihe Biotech develops novel genome editing technologies with an emphasis on making them autonomous and programmable.
  • Xige Guanlan Group — Xige Guanlan Group is a manufacturer of Chinese vine bottles.
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MAKOTO Capital
VC Fund · Sendai, Miyagi, Japan · 1 investments in Japan Wine And Spirits startups

MAKOTO Capital engages in VC business, venture studio business, and management consulting business.

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Investment focus

  • Industry: Medical, Manufacturing, Software
  • Stage:Series A, Series B
  • Geography: Japan

Investor stats

  • Total investments: 21
  • Round size: Series A $47M–$75M; Series B $13M–$283M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $110M in 2018

Portfolio highlights

  • Wakaze — Wakaze is a Japanese sake brewing startup.
  • Cogsmart — Cogsmart provides services for brain function research and development. In hopes of helping prevent dementia and maintain and improve other cognitive functions, they manufacture and sell software for medical and healthcare devices.
  • ElevationSpace — ElevationSpace offers high quality & well equipped workspaces giving tenants a nurturing environment .
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Ningxia State Investment
VC Fund · Ningxiang, Hunan, China · 1 investments in Japan Wine And Spirits startups

Ningxia State Investment is an investment firm.

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Investment focus

  • Industry: Manufacturing, Wine and Spirits
  • Stage:Series A
  • Geography: Japan

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Xige Guanlan Group — Xige Guanlan Group is a manufacturer of Chinese vine bottles.
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Spiral Ventures
VC Fund · Singapore, Central Region, Singapore · 1 investments in Japan Wine And Spirits startups

Our former entity “IMJ Investment Partners” was established in 2012 by IMJ Corporation (“IMJ”), a major digital marketing company, as an independent venture capital subsidiary in Japan. After IMJ was acquired by Culture Convenience Club (“CCC”) in 2013, we continued our investment activities independently, and eventually relocated our office toSingapore to change our strategy and start a venture capital fund for the Southeast Asia market. In 2015, we established the Japan office and started a venture capital fund for the Japanese market.In tandem with the expansion of our business, we left the CCC Group, changed our name to “Spiral Ventures” in 2017, and made a fresh start as an independent venture capital firm.taken from https://spiral-ventures.com/en/group-info/

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Investment focus

  • Industry: E-Commerce, Internet, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Japan, India, Indonesia

Investor stats

  • Total investments: 99
  • Round size: Seed $500k–$4.5M; Series A $1.5M–$72M; Series B $10M–$103M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Fragaria — Discover innovative farming practices and high-quality, year-round fruits in India with Fragaria's advanced agricultural technology.
  • VeXeRe.Com — Founded in 2013, VeXeRe.com is the largest online bus ticket platform in Vietnam. They help passengers book bus tickets conveniently thanks to their 1,000+ bus companies network and coverage for trips within Vietnam and from Vietnam to neighbor countries. Their payment channels include online payment, payment at 24/7 convenience stores, banktransfers, and other channels that provide customers with convenient booking experience.
  • Instapay Technologies — Instapay is the only e-wallet in Malaysia to offer a corporate portal. It enables you to self-manage the salary payment process with greater visibility. It serves to streamline payroll processing within organizations while promoting finances.
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DOGAN beta
VC Fund · Fukuoka, Fukuoka, Japan · 1 investments in Japan Wine And Spirits startups

They believe that the fundamental challenge facing the local economy is the lack of employment diversity. Although it is a simple example, it is easier to understand if you compare the Tokyo metropolitan area with Kyushu and list the companies that can achieve annual income of 10 million yen at the age of 30 (probably with a head office in KyushuMost companies with the highest annual income will be infrastructure company

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Investment focus

  • Industry: Information Technology, Health Care, Internet
  • Stage:Seed, Series A
  • Geography: Japan

Investor stats

  • Total investments: 39
  • Round size: Seed $37k–$10M; Series A $1.5M–$700M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • AGRIST — AGRIST Co., Ltd. is a venture company that solves agricultural problems with technology. An automatic harvesting robot solves the problem of a shortage of farmers who are aging and harvesting agricultural products.
  • Digireha — Digireha is an IT company that provides a tool for rehabilitation by combining digital art and sensors.
  • Medmain — To create a world where medical services can be accessed with technology anywhere,anytime-As a supporting partner to medical practitioners throughout the world, Medmain develops and operates PidPort, an analytical system for pathological image diagnosis that makes use of Deep Learning, as well as Medteria, a specialized cloud-based service for medical students.
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Wine and Spirits VC funding in Japan at a glance

Stats across 16 deals from 23 investors.

23
investors
in Japan Wine And Spirits startups
16
deals
in Japan Wine And Spirits startups
$25M
median round
in Japan Wine And Spirits startups
35%
lead investors
lead at least one round
31%
Seed
most common funding stage

Access all 23 VC funds in Japan Wine And Spirits startups.

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