ABCDEFGHIJKLMNOPQRSTUVWXYZAAAB
1
This List was Created by Scaling Japan PodcastInvestment HistoryInvestment HistoryStages FundedIndustries Funded
2
3
Company/Fund name with linkTypes of Investment Done (1)Types of Investment Done (2)ContactedRespondedHas Invested in Foreigner Founding TeamHas Invested in Foreigner + Japanese Founding TeamLead InvestorStage : Pre-SeedStage : SeedStage : EarlyStage : MiddleStage : LateFinance/FintechLogistics & Supply Chain & Smart CitiesHealth/bioLifestyleTechnologyEducationMediaSaasDXSustainabilityMobilityForeigner Led Companies in their PortfolioWhere does company need to be incorporated inAdditional Details
4
ABBALabAcceleratorVenture CapitalYesNoQurate, Chiptip Technology,Couldn't find contact form on the website. Reached out through Linkedin -- 3/13/23
5
31 Ventures CVCYesNoYesYesSpeakBUDDY, ViSenze
6
GMO VenturesCVCYesNoYesAgatha
7
SMBC Venture CapitalCVCYesNoYesZehitomo,
8
GREE VenturesCVCYesNoYesScene
9
Bonds Investement Group (BIG)OtherYesNoYesRemote. it, integrate,
10
World Innovation Lab (WiL)OtherYesNoAmbieEmail address does not exist -- 3/13/23
11
Airbus VentureVenture CapitalYesNoYesYesInfostellar
12
Coral CapitalVenture CapitalYesNoYesYesZehimoto, InfostellarWe invest $500K – $5m from Seed to Series A, then follow on up to $20m
13
DG (Digital Garage) VenturesVenture CapitalYesNoYesCopado
14
East VenturesVenture CapitalYesNoYesConnectfree, Scene
15
EEIVenture CapitalYesNoYesTellus
16
Eight Roads Japan VentureVenture CapitalYesNoYesPeatix
17
Global BrainVenture CapitalYesNoYesLuxola
18
ICMG PartnersVenture CapitalYesNoYesYesInfostellar
19
Miyako CapitalVenture CapitalYesNoYesTellus
20
Mobile Internet CapitalVenture CapitalYesNoYes
21
One Capital Venture CapitalYesNoYesTonari, Aghata,
22
SG CapitalVenture CapitalYesNoYesAmbii, holotch,
23
Skyland VenturesVenture CapitalYesNoYesHolotch
24
TIS IncVenture CapitalYesNoYesCredify
25
Universal Materials IncubatorVenture CapitalYesNoYesYesBMG inc., Citrine Informatics
26
DroneFund Venture CapitalYesNoYesYesSkyScape
27
Apricot VenturesVenture CapitalYesNoYesScene
28
Headline AsiaVenture CapitalYesNoYesZaiko, Bokksu
29
Monex VenturesVenture CapitalYesNoYesZaikoVC focusing on seed-stage and early-stage startups worldwide.
30
Bitkraft VenturesVenture CapitalYesNoYesplaybrain and 555 ComicsInvests in gaming, Web3, and immersive technology
31
Strive VenturesVenture CapitalYesNoYesZenportWe work with startups in seed, series A, series B,
32
Yazawa VenturesVenture CapitalYesNo
33
MiraiseVenture CapitalYesNoYesGig-A
34
HikevcVenture CapitalYesNo
35
MistletoeVenture CapitalYesNo
36
Sony Innovation FundVenture CapitalYesNo
37
Cyber Agent CapitalVenture CapitalYesNo
38
G-StartupVenture CapitalYesNo
39
Arts & Biz FundVenture CapitalYesNo
40
500 GlobalAcceleratorYesYesNo InvestmentNo InvestmentAccelerator program does accept foreign lead companies500 Global does not financial invest in accerlerator participants
41
AntlerAcceleratorVenture CapitalYesYesYesYesTempoJapanDay 0 investor (applicants don't need a team or company yet to get in), runs a 10-week incubation/acceleration program twice a year with investment at the end (based on investment committee decision), investment amount during residency program as of September 2024 is JPY 28mm for 12% equity (JPY 233mm valuation)
42
Founder InstituteAcceleratorYesYesNo InvestmentNo Investment
43
Open Network LabAcceleratorVenture CapitalYesYesGiftpack, Tupac Bio, LocariseWe carry out training and investment programs for overseas entrepreneurs. For startups who want to localize to Japan, collaborate with Japanese companies and work with Japanese people.
44
Plug and Play JapanAcceleratorYesYesYesYesEdgeCortixPlug and Play does not financial invest in accerlerator participants > it is free, no equity need to be given
They also accept early - later stage companies as they can help with making partnerships with Japanese corporations
Has specific accelerators : mobility, smart cities, new materials, fintech, energy, Food&beverage, Fintech, Insurtech
45
YakumiAngel SyndicateYesYesYesYesPlayCo, Bokksu, Finless Foods, Naro, Aquila, TupacBio, Braid, ListenField, and KalkulNo additional comments
46
Ryota MatsuzakiAngel InvestorYesYesYesSection L (based in Tokyo but run by an international management team)
ModuleQ (Bay Area)
Flown (UK)

Paidy (Acquired by PayPal) and CrowdWorks (IPO)
LP in 500 Global (fka 500 Startup) and HCVC (fka Hardware Club)
47
Colin MagneAngel InvestorYesYesYesMedian check-size: US$10k

Finless Foods, Amai Proteins, Kalkul, Phase, Revealit, 555comic, Divigas, Pulse Industrial, Mirai Foods, Yasai, EnergyX, Braid, Naro, etc. (over 40 companies so far)
48
DeepcoreVenture CapitalYesYesYesYesAquila Systems, Credify, Noetic Digital, YStory, Uplift Labs
Builder.ai, PREVU3D, Senseye, ambi Robotics, integral ai, salezilla
Japan
Delaware > strongly prefer Japan
We invest in pre-seed, seed, and early stage companies looking to transform their markets using AI and related technologies. Any business area is welcome. We support entrepreneurs in the following three ways.

- Venture capital investment
Normal investment. Please use the contact form or write to Capitalist.

- KERNEL Global Startup Camp
Accelerator program to support entrepreneurs aiming for the global market from Japan
https://deepcore.jp/posts-1/en-20220922

- KERNEL Membership
AI x entrepreneurial community for those who plan to start a business, are preparing to start a business, or are in the early stages of business
https://deepcore.jp/posts-1/en-20230530

If you do not yet have a fundraising plan, please consider KERNEL membership.
49
MUFG Innovation PartnersCVCYesYesYesYesToggle AI, SymphonyLooking to invest in companies that can provide a financial return and a strategic return for the parent company. This includes FinTech solutions like credit tech, wealth asset management, trading, but will also consider investing in companies that provide digital transformation solutions and companies connected with their ESG and SDGs goals. For example, startups that can help them improve their operations or offerings to clients. They can also aid with re-selling the service in Japan.

Has 3 funds. Sweetspot is series A and B (has done some later stage investment, and very few early stage)
Check sizes of $1 - 10 million US (has gone up to $20 million) + Rarely leads a round
50
ITOCHU Technology VenturesVenture CapitalYesYesYesSentinelOne, TriNetX,
51
Monozukuri VenturesVenture CapitalYesYesYesYesEdgeCortix, Load & Road Inc (Teplo Tea, https://teplotea.com)Venture capital firm specializing in hardware and manufacturing tech in Japan and North America, supporting prototyping to mass production and business development, in order to contribute to the creation of new industries through startups.
We’re focused on funding entrepreneurs in the fastest growing industries: robotics, AI, clean energy, wearables, space tech, IIoT, healthcare and more.
We co-invest with incubators, accelerators and VCs, and have a due diligence process that results in funding a first round of manufacturing. We also provide business management consulting and advisory services to those in whom we invest. You can raise capital with us if you are a seed/early stage hardware startup incorporated either in Japan or in the US.
We provide financing services such as equity investment and debt financing. For example, we invest in common stock, preferred stock, convertible note, SAFE and KISS.
52
Plug and Play JapanVenture CapitalYesYesYesOpen to all industries but has many in insuratech, fintech, e-commerce, and those that want to expand globally
53
Lifetime VenturesVenture CapitalYesYesYesYesEkei labs and AquaAgeJapan (non-OIST grads)
Delaware (OIST grads only)
The fund has a strategic partnership with Okinawa Institute of Science and Technology where >80% of PhDs and >60% of Faculty are foreigners. The fund also invests in non-OIST-related startups.
54
Scrum VenturesVenture CapitalYesYesYessee rightHas invested in 15 Japanese founders in Japan. Have not invested in foreign lead companies in Japan, but are open to it. US VC network + Connections with most big Japanese corporations + major US VCs (~200)
55
Shizen Capital Venture CapitalYesYesYesYesAi.detect, Aquila Systems, Authentic Indication, Braid, Callback, Guide Robotics, ModernZen, Naro, Nozomi MedAlliance, Seya, Signtime, Smartpay, Totemo, Viila, Vouch, ZooKeepJapan
We've invested in more than 30 foreign-led startups in Japan. The co-founders of Shizen Capital are former entrepreneurs with successful exits globally. Shizen Capital is also one of the most prolific Lead VC funds in Japan.

https://markbivens.com/m/archives/our-investment-sweet-spot-redux
56
SOSVVenture CapitalYesYesYesBisu, Streimo, Lexxpluss
57
UTECVenture CapitalYesYesYesYesInternational Companies with Japan Presence : Tellus, 908 Devices, Fyusion, Tricog Health, Bugworks Research, Oxford Quantum Circuits & Eureka Robotic,
Founded in Japan : Mujin, ACSL, Wassha,
One of Asia's largest deep tech fund : invests in domestic and international companies aiming to break into Japan

An independent VC firm linked with academic institutes such as The University of Tokyo, investing in Japanese and global deep-tech startups. UTEC has raised 5 funds and backed 140+ startups with 18 IPOs and 15 M&As. Supports researchers through some the gains from the fund.

Actively serves as a lead, can help with gaining corporate venture capital, can help with go to market strategy with corporate partnerships, and has connections with Japanese and foreign governments.
58
Chiba Dojo FundVenture CapitalYesYesYesYesPanalyt, Shaka Guide, Day One Tech, Manabie, CurvegridJapan
May consider other country if there is a very strong Japan case for their business
Chiba Dojo Fund has a two unique entity based in Tokyo.

1) Entrepreneurial Community - CHIBA DOJO:
- Japan‘s leading entrepreneurial community of more than 80 startups. The community has built strong relationships among entrepreneurs through strict confidentiality and a spirit of peer support, and has produced several exits, including M&A and IPOs. Through biannual training camps and regular study sessions, we provide entrepreneurs with the best learning environment.

2) Community based Venture Capital - CHIBA DOJO FUND:
- Japan's only entrepreneurial community fund, managed mainly by people with entrepreneurial experience. As a fund by entrepreneurs for entrepreneurs, it provides close support. Aiming for solid returns by investing not only in seed and early stage startups, but also in later stage companies with high growth potential and high IPO probability among the startups participating in CHIBA DOJO.
59
D4V(Design for Ventures) NEWVenture Capital555 Comics, Evolany, more
60
Finesse VenturesVenture CapitalYesYesYesDream Drive, 3DPC, Factorize, tapco10,000,000 - 50,000,000 yen investment in seed / early stage. Makes 3 - 5 investments a year but very hands on supporting companies to grow and scale
61
Incubate FundVenture CapitalYesYesYesBraid Technologies, Visual Alpha, Woodstock, Japan
Delaware
Open to other countries, but Japan case must be strong
Has multiple funds within them and it affects the total | Pre-seed : $500,000 - $3 million / $5 million
They have a team of more than 40 staff | on their 5th fund | Leads and co-lead rounds
Experts at B2B businesses, but they will accept a few B2C companies | Very hands on approach, meets weekly |
62
UB VenturesVenture CapitalYesYesYesRealm, Cloudpick, Precious Technologies, VeerUB Ventures is a venture capital firm that specialises IOT, SAAS, Metaverse
- open to preseed but depends on the team | - all of their team members have operational experience in startups, so they can help in the 0 > 1 phase | They are very strong in Asia as the GP has a lot of connections and experience to go overseas but also in Japan
63
KDDI Green FundYesYes
64
MinamiVenture CapitalVCYesYesYesYesSceneJapan
Delaware / New York
> maybe open to other US cities
We usually do not lead rounds | Evaluation period : about 1 month | 5 - 10 million yen ticket size | Board set not needed

Main business is a driving school and learning solutions for driving | Also invests in businesses
Education / Hardware / Robotics / Mobility in the driving space are their strength to support and invest
65
Genesia VenturesVenture CapitalVCYesYesYesYesInternational Companies with Japan Presence : Docquity, Anime Metaverse, amplified.ai

Founded in Japan : Linc, Zenport, Meetscare, Yourniture, PSYGIG, dreamstock, FUNEE, Tensor Energy, Funfo
66
Podcast episode on Accelerators - Click hereAccelerator
67
Podcast episode on Angel investors - Click hereAngel Investor
68
Podcast episode on CVCs - Click hereCVC
69
Let me help you scale your business in Japan (a 500 Global Resident Mentor) > see advisory & marketing tabsVenture Capital
70
Episode on Investments - Click hereVenture Capital
71
Article on Venture Capital - Click hereVenture Capital
72
Below are VCs we heard have invested in foreign founder but have not been able to confirm this because they have not respondeed
73
Inclusion Japan
74
75
Helpful links
76
Japan Lead InvestorsShows list of leading investment made by VCs in Japan in 2022
77
Seminar Recordings for Running a Business in Japan
78
Startup Investment in 2022
79
Podcast : Disrupting Japan Podcast
80
Podcast : Scaling Japan Podcast
81
82
83
https://hoxin.vc/
84
85
Gotō VenturesVenture CapitalYesNo