Japan EM Catalogue
Table view
ID
Name
Founded Year
AUM (JPY)
Asset Class
Style
Description English
1
2023
¥157,208,000,000
Equities
Engagement
Founded by former Carlyle Group employee Hiroyuki Otsuka in July 2023, Japan Activation Capital is a Japan-based hedge fund manager. The firm invests in listed Japanese equities using an activist approach to support the growth of the companies it invests in. Newton Investment Partners is made up of experienced professionals from a variety of backgrounds who can provide an outside perspective on strategic planning, management and investment decisions to maintain management objectivity.
2
2022
N/A
Multiple Assets
Multi Strategy
AIQ Index is a Japanese company specializing in the creation and management of financial indices. The firm focuses on developing innovative index solutions that cater to the needs of investors and financial institutions.
3
2022
¥592,000,000
Equities
Bottom-up
Cadira Capital Management is an investment management company established in Japan in 2022, with the mission of "Connecting the Investment Chain and Beyond". Cadira is a word that means "chair" and reflects our desire to always have a place for our stakeholders. We manage our listed Japanese equity investment strategy with the aim of contributing to solve global environmental and social challenges while delivering high quality returns to our clients
4
2022
¥1,500,000,000
Multiple Assets
Multi Strategy
Vertex Investment Solutions is an asset management company established in August 2022 as a wholly owned subsidiary of Dai-ichi Life Holdings, Inc., with the founding philosophy of "providing investment solutions using technology." Vertex is a word that refers to the top of a mountain or the summit. We liken the long-term asset formation that our customers undertake throughout their lives to mountain climbing, and we named it with the desire to walk alongside them as their partner. Our mission is to continue to evolve as "investment professionals," carry out our work sincerely, and contribute to our customers reaching the summit of their asset formation goals as a long-term, trusted asset management partner.
5
2022
¥15,000,000,000
Private Equity
Leveraged Buyout
Based in Japan, Frontier Capital Inc. operates as a comprehensive debt resolution, human resources investment, and consulting solutions company.
6
2021
<¥40,000,000,000
Private Equity
Leveraged Buyout
IA Partners is a Tokyo-based private equity firm targeting 'global niche top' and mid-cap Japanese companies with international competitiveness. The firm was established by advisory professionals from DBJ Investment Advisory (DBJ-IA), a subsidiary of Development Bank of Japan (DBJ), which provides value-up support to the portfolio companies of DBJ. It focuses on carve-out investments and roll-up strategy while taking a flexible investment approach catering to the needs of Japanese companies. The firm invests across a wide range of industry sectors, including electronics, chemicals, healthcare, logistics as well as consumer goods.
7
2021
¥13,362,000,000
Equities
Long Only
NVP is one of the few independent asset management companies in Japan. In North America, a financially developed country, independent asset management companies with high expertise have a strong presence as long-term partners that are close to asset owners. Independent asset management companies have a competitive advantage in achieving performance. These characteristics include alignment of interests with clients, an investment management-centered organization, uniqueness and entrepreneurial corporate culture through direct shareholding, an interest in building a robust franchise, and the ability to respond to generational change.* As an independent asset management company with expertise in Japanese equity value management, NVP aims to be a long-term partner that is close to clients.
8
2021
¥11,003,000,000
Equities
Impact
We invest in listed companies and through our proprietary NextGen ESG methodology, we help them drive financial performance through ESG drivers. We also source early-stage opportunities from our global network and partner with the world’s best sustainable tech venture firms. Our team brings decades of successful venture-building expertise and global leadership in sustainability best practices.
9
2021
¥254,000,000
Other
Global Macro
Founded in 2021, Bastion Quant is a Tokyo-based hedge fund manager. The firm manages an index futures focus fund using a quantitative model that takes into account macroeconomic events such as global monetary policy, fiscal policy/fiscal risk, and crises. In addition to fund management, Bastion Quant also provides financial services such as modelling, portfolio valuation support and data analysis.
10
2021
¥34,400,000,000
Private Equity
Leveraged Buyout
D Capital is a Tokyo-based private equity firm that targets SMEs in Japan and improve their values through digital transformation.
11
2021
¥11,600,000,000
Venture Capital
Early-stage
KUSABI is a venture capital firm based in Tokyo, Japan. The firm aims to create more than 10 decacorns valued at over JPY 1 trillion in Japan. It focuses on venture companies in Japan and invests across a wide range of sectors and stages.
12
2021
¥630,000,000
Venture Capital
Venture Capital
TNBI is a venture capital firm based in Tokyo, Japan. The firm seeks to contribute to the development of IPO market in Japan by investing in later stage venture companies through its venture capital funds and providing comprehensive advisory services to its portfolio companies utilizing its network and financial expertise. It invests across a wide range of sectors except for biotechnology and cutting-edge technologies.
13
2021
¥100,000,000
Private Equity
SME support
Marathon Capital Partners is an independent private equity firm based in Tokyo. The firm specializes in Japanese small and micro-cap companies and supports its portfolio companies through succession support, digital transformation, PR/marketing, and network for expansion into Asia.
14
2020
¥5,500,000,000
Equities
Engagement
Established in Q2 of 2020, Ariake Capital is a Tokyo-based hedge fund manager led by Mr. Katsunori Tanaka who has over 20 years experience as an investment analyst with Goldman Sachs. It is registered as an investment manager for Qualified Institutional Investors(QII) under Financial Service Agency in 2021. The firm launched its first hedge fund in Q4 of 2021, which employs an engagement strategy against regional banks to improve its business productivity.
15
2020
¥11,003,000,000
Equities
Equity Long / Short
Investment Lab is a Tokyo-based venture capital and consulting firm. The firm targets Japanese venture companies in the late/expansion stage and is interested in a variety of industries.
16
2020
¥758,000,000
Multiple Assets
Global Macro
GO Fund is a Tokyo-based independent hedge fund manager. It is an emerging firm founded and led by Go Tanuma with the past experience of asset management at Bayview Asset Management. GO Fund aims to achieve long term stable high performance by sophisticatedly designed mathematical model.
17
2020
¥3,860,000,000
Private Equity
Growth capital
Fiducia is staffed with professionals including industry veterans who provide optimal fundraising support while overseeing the entire capital market, people with experience in business management and restructuring, and experts and scientists who understand the fundamentals of technology. We will assist venture companies as their growth strategy partner
18
2020
¥1,000,000
Venture Capital
corporate venture capital
Japan Energy Capital is a private equity firm setup through a joint venture between ENECHANGE and Looop. The firm manages private equity funds which plan to invest in energy sector companies and startups in emerging countries. The firm also looks into infrastructure and natural resources opportunities.
19
2020
¥6,287,000,000
Private Equity
Private Equity
Japan PMI Partners is a Tokyo-based healthcare-focused private equity firm that targets Japanese SMEs within the healthcare sector. The firm provides its portfolio companies with post-merger integration and digital transformation support.
20
2020
¥240,000,000,000
Venture Capital
Crossover
Headquartered in Tokyo, Minerva Growth Partners is a venture capital firm focused on investing in late/expansion stage Japanese venture tech companies. The firm partners with Pleiad Investment Advisors and jointly co-manages a venture capital fund.
21
2020
¥12,000,000,000
Equities
Equity Long / Short
With our main office in Tokyo, Japan, PRC operates in a highly regulated environment that instills trust and peace of mind in our partners as well as in local and foreign investors. We manage assets for both new and seasoned investors who wish to take advantage of our highly qualified investment Portfolio Managers’ and advisers’ resources, expertise, and insight.
22
2020
¥1,500,000,000
Venture Capital
Fund of Funds
EnFi Inc. is a venture capital firm and an investment company based in Tokyo, Japan. The firm specializes in Entertainment and Games and seeks investments globally.
23
2020
¥1,000,000,000
Venture Capital
Sector focused (Food)
kemuri ventures is an independent venture capital firm headquartered in Tokyo. The firm specializes in FoodTech and invests in Japanese venture companies that are tackling to solve issues surrounding food and food related businesses.
24
2020
¥7,400,000,000
Venture Capital
Impact
GLIN Impact Capital is a Tokyo-based venture capital firm. The firm specializes in impact and ESG investments and also provides advisory services. The firm targets US and Japanese social ventures in the growth stage.
25
2019
¥78,596,000,000
Equities
Long Only
Established in 2019, TriVista Capital is a Tokyo-based long only hedge fund manager that runs a concentrated portfolio of 15-25 qualified businesses sourced through deep fundamental research with a wide margin of safety between value and price.
26
2019
¥34,006,000,000
Equities
Equity Long / Short
Established in 2019. SILQ Capital is a Tokyo-based independent hedge fund manager. It is led by Hideki Kinuhata who has over 20 years experience of in asset management at Goldman Sachs. It manages a master-feeder fund domiciled in the Cayman Islands employing an equity long/short strategy, which is for institutional investors.
27
2019
N/A
Venture Capital
Incubater / Accelarater
ABBALab is a Tokyo-based seed accelerator founded in 2015. The firm focuses on hardware prototyping related to the Internet-of-Things (IoT) domain. It manages venture funds targeting pre-seed and seed-stage Japanese companies.
28
2019
N/A
Venture Capital
corporate venture capital
Founded in 2019, Digital Base Capital is a Tokyo-based venture capital firm specialized in seed stage investments in Real Estate Tech venture companies in Japan. The firm promotes open innovation and digital transformation in real estate and financial service industries in the country.
29
2019
¥26,722,000,000
Equities
Engagement
Japan Catalyst, Inc. was established as a part of Monex Group with the goal of transforming the Japanese capital market and corporate sector. In order to respond to an ever-changing business environment, changes in corporate management are required, and companies are trying to realize the changes. We will be a catalyst for the changes in Japanese companies by supporting them through investment and engagement based on a long-term view
30
2019
¥12,316,000,000
Equities
Long Only
Solaris is an investment management firm based in Japan that manages a Cayman-domiciled fund with an investment focus on Japan equities and bonds.
31
2019
¥15,500,000,000
Venture Capital
Venture Capital
DIMENSION is a Tokyo-based venture capital firm formerly owned by Dream Incubator, a Japanese consulting firm, the firm targets seed, early-stage, and pre-IPO Japanese venture companies across a diverse range of industry sectors. In October 2021, DIMENSION became an independent entity from Dream Incubator as a result of MBO.
32
2019
¥1,400,000,000
Private Equity
Venture Capital
UNCOVERED FUND INC. is a Tokyo-based venture capital firm with a focus on Africa and other emerging markets. The firm targets early-stage venture companies with innovative digital transformation technologies and services. The firm also considers investing outside of Africa on a case-by-case basis.
33
2019
N/A
Private Equity
Venture Capital
New Ecosystem for Startups is a Japan-focused venture capital firm established by Legend Partners in collaboration with Sumitomo Mitsui Trust Bank. The firm started working in partnership with Shinkin Central Bank. The firm primarily targets seed-stage startups in the domestic area and provides hands-on support, industry knowledge, and connections through its vast network globally.
34
2019
N/A
Private Equity
Venture Capital
BlackCrow Capital is a Tokyo-based venture capital firm. It aims to tackle declining labor force and aging population through Information Technologies and innovative services. The firm invests in seed and early stage startups internationally with technologies and IT-based services that can enhance the livelihoods of elderly people.
35
2019
¥8,000,000,000
Multiple Assets
Impact
BrickLayers Asset Management is an independent fund manager located in Shizuoka, Japan. It contributes to decarbonize the fuel at the global level by investing in Gas Emission Trading Credit. It purchases carbon credits issued by the state of California and trades them on US commodity futures market.
36
2018
¥7,545,000,000
Equities
Equity Market Neutral
Schweitzer Investment is a Tokyo-based hedge fund manager established in 2018. The firm focuses on Japanese small- and mid-cap companies and manages Master Feeder hedge funds domiciled in the Cayman Islands.
37
2018
¥15,500,000,000
Equities
Equity Long / Short
Bushido Asset Management (BAM) is a hedge fund manager based in Tokyo, Japan. The The main investment strategies BAM employs to achieve long-term absolute returns are equity long short and market neutral. The firm invests in Japanese listed companies based on a fundamental approach, utilized to pick up small- and mid-cap equities expected to outperform.
38
2018
¥27,000,000,000
Equities
Equity Long / Short
Established in 2018, MuTaka Capital is a Tokyo-based hedge fund manager led by Takashi Muto, a former employee of Point72. To generate absolute returns under any market conditions, it employs long short strategies focused on Japanese listed equities with fundamental bottom-up analysis combined with a global macro overview.
39
2018
>10,000,000,000
Digital Assets
Other
Established in 2018, Hyperithm is Tokyo and Korea-based cryptocurrency firm founded by Lloyd Lee. It manages a multi- strategy digital asset hedged fund In Japan: Hyperithm Digital Asset Quant Fund IBTC. The company also operates investments in Web3 business and headhunting services.
40
2018
N/A
Private Equity
Search fund
Japan Search Fund Accelerator is a Tokyo-based private equity firm specializing in creating and managing search funds, providing support to searchers, and introducing companies to searchers.
41
2018
¥7,077,000,000
Venture Capital
corporate venture capital
Medical Incubator Japan is a Tokyo-based venture capital fund that specializes in the healthcare and life science sectors. The firm targets early-stage ventures with advanced medical technologies that can revolutionize healthcare services and pharmaceutical research and development. The firm is geographically agnostic and would make its investment globally.
42
2017
¥7,891,000,000
Equities
Equity Long / Short
Established in Q3 of 2017, HOKU is a Japan-based hedge fund. It is entrusted by foreign asset managers to manage capitals from ultimate institutional investors. It invests in Japanese equities and aims to achieve absolute returns employing various range of hedge fund strategies.
43
2017
¥30,000,000,000
Private Equity
Venture Capital
HiJoJo Partners is a private equity fund of funds manager that invests in pre-IPO, late stage companies and unicorns in Japan and overseas.
44
2017
¥22,100,000,000
Venture Capital
Venture Capital
DRONE FUND is a Tokyo-based independent venture capital firm specializes in investing in early stage venture companies researching and developing drone and air mobility related technologies and products. While the firm primarily makes investments in Japan, it also makes investments to companies around the world.
45
2016
¥40,000,000
Other
Global Macro
Services include investment advisory business, investment human resource development support, and investment organization development support
46
2016
¥3,200,000,000
Private Equity
Venture Capital
Founded in 2016, iSGS Investment Works is a Tokyo-based venture capital firm that primarily targets internet-related startups in Japan. Formerly known as iStyle Capital, the firm was originally established in 2014 as the corporate venture capital (CVC) arm of istyle Inc., a Tokyo-based marketing services provider specializing in beauty products. It spun off from istyle in 2016 and now operates as an independent venture capital firm managing third-party capital from external investors. iSGS Investment Works focuses on areas where the internet is transforming or is expected to transform existing businesses and industries. The firm is industry-agnostic and invests in startups at all stages of development. It may also consider direct secondary investments, including acquiring stakes from other venture capital firms or shareholders.
47
2015
¥12,600,000,000
Private Equity
Venture Capital
Tokyo-based venture capital firm targeting technology ventures in fintech, meditech, ai, autonomous vehicle, eletric vehicle, and aerospace sectors
48
2015
¥19,300,000,000
Private Equity
Leveraged Buyout
New Frontier Japan Investment (NFJI) is a private equity firm based in Tokyo that seeks buyout opportunities in Japan, arising from succession, spin-off and recapitalization needs. The firm invests in Japanese SMEs across diversified industries except financial services and real estate.
49
2015
¥33,600,000,000
Private Equity
corporate venture capital
Universal Materials Incubator (UMI) is a Tokyo-based venture capital firm that aims to foster exceptional material and chemical industries in Japan by bridging academic research and commercial production. The firm focuses its investment on venture companies with post-R&D stage technologies. The firm receives capital and management resources from the Innovation Network Corporation of Japan (INCJ).
50
2015
¥15,200,000,000
Private Equity
Venture Capital
Angel Bridge is a Tokyo-based venture capital firm that mainly focuses on seed to early stage startups in Japan. The firm targets world-class startups founded by entrepreneurs with a strong passion for transforming the world with competitive technologies/business models. In addition to investing in IT businesses, it intends to invest in Deep Tech companies (e.g., life science, food tech) and university-launched startups. With a wide business network and the expertise of firm members who have worked for consulting firms and investment banks, the company provides value-up support to its portfolio companies, including strategic advice (e.g., business strategy, finance strategy), introducing potential customers, and top management level talent to them.
51
2014
¥4,300,000,000
Private Equity
University Venture Capital
Innovations and Future Creation, also known as MIRAI SOUZOU, is a Japan-based venture capital firm seeking opportunities in the technology-related sectors. In partnership with the Tokyo Institute of Technology (TIT), the firm mainly targets venture companies associated with TIT. It would also consider venture companies affiliated with other Japanese universities or research institutes as well.
52
2008
1,273,000,000
Equities
Equity Long / Short
Established in 2008 by founder and CEO Atsuko Tsuchiya, Atom Capital Management is a Tokyo-based hedge fund manager. The firm focuses on Japanese equities. It currently manages ATOM No.1 Japan Long Short Fund.
53
2017
¥200,000,000
Equities
Equity Long / Short
Established in 2015. Kiwame Investment is an independent asset management firm lead by Taira Watanabe who has been investing in Japanese equities more than 20 years. It manages separately managed accounts for its clients employing 3 main strategies of market neutral, event driven and small- and mid- cap equity strategy.
54
2019
¥6,657,000,000
Multiple Assets
Global Macro
Established in 2017 and headquartered in Tokyo, Japan. Red Phoenix Investments is a multi-family office that used to operate as a hedge fund manager. However, it has completely moved away from managing hedge funds and is now focused on managing wealth for its high-net-worth clients.
55
2022
¥13,000,000,000
Equities
Impact
The Commons Impact Fund invests from a long-term perspective in domestic listed companies that actively work on creating social impact, based on the key focus themes of ESG investment as envisioned by its asset owner, Kanpo Life Insurance Co., Ltd. (hereafter, Kanpo Life). Additionally, Commons Asset Management Co., Ltd. (hereafter, Commons Asset Management) has partnered with Ridilover Co., Ltd. (hereafter, Ridilover) to set, measure, and evaluate impact indicators for the invested companies.
56
2020
¥17,000,000,000
Venture Capital
Early-stage
One Capital's investment strategy involves managing a VC fund focused on early-stage startups, particularly in B2B SaaS and B2C subscription models. We provide digital transformation advisory services to established companies and develop products tailored for entrepreneurs
57
2024
N/A
Venture Capital
Deep tech
A VC fund aiming to create a sustainable ecosystem for deep tech startups in both space and non-space sectors. Japan's first open innovation fund, receiving LP investment from a national research and development agency, aims to create, nurture, and expand a sustainable startup ecosystem in both space and non-space fields. By involving stakeholders from industry, government, and academia, the fund focuses on hands-on investments in deep tech startups, particularly in seed and early-stage companies.
58
2023
N/A
Venture Capital
Sector focused (Carbon Neutral)
ONE Innovators is a Tokyo-based venture capital firm that focuses on making hands-on investments in startups with decarbonization-related technologies rooted in universities and research institutes. It offers mid- and long-term support to seed and early stage Japan-based startups as well as overseas startups that have collaborations with Japanese corporations.
59
2023
N/A
Private Debt
Venture Debt
Funds Startup is a venture debt firm, is a 100% subsidiary of Funds. they focus on found management and support for venture debt to financial institution. In the future, they plan to diversify the financing methods and improve the environment for startups as an investment banking division specializing in startups.
60
2022
N/A
Venture Capital
Impact
SIIF Impact Capital (SIIFIC) is the venture capital arm of the Social Innovation and Investment Foundation (SIIF), a government-backed foundation working with various organizations to solve social issues via investment in new ecosystems. SIIFIC aims to nurture sustainable development through impact investments and the implementation of IMM practices.
61
2021
¥200,000,000
Equities
Crossover
Founded in 2021, Fundnote is a Tokyo-based hedge fund manager founded by Kawai-Naoya, a former fund manager at Sumitomo Mitsui DS Asset Management, and Katsuma Watanabe, a former Equity sales at Nomura. The firm started its fund-managing service through the establishment of its first fund, KxShare No. 1. This is a long-biased hedge fund targeting Japanese small-cap stocks and late-stage ventures.
62
2020
N/A
Private Equity
Growth capital
ABF Capital is a private equity firm based in Tokyo, Japan. The firm aims to support craftsmen and technical experts across Japan through funds that accelerate growth and maximize value.
63
2018
¥1,008,000,000
Venture Capital
Angel / Entreprenuer fund
MIRAISE is a Tokyo-based venture capital firm to encourage entrepreneurship among computer/software engineers. The firm seeks to invest in seed-stage companies especially those launched by engineers and software developers.
64
2017
N/A
Venture Capital
Early-stage
The firm focuses on investing in early-stage companies with high growth potential, particularly in the technology, healthcare, and consumer sectors. Spiral Capital aims to support innovative startups through capital investment and strategic guidance, helping them to scale and achieve their business goals. The firm is known for its active involvement in nurturing portfolio companies and leveraging its extensive network to drive growth and success.
65
2023
¥30,000,000,000
Private Equity
Infrastructure
Japan Extensive Infrastructure (JEXI) is a Japan-based infrastructure firm jointly established by Sumitomo Mitsui Trust Bank and Mercuria Holdings. The firm provides investment advice for infrastructure investments in Japan with the goal of facilitating the circulation of infrastructure funds and assets in its domestic market. Apart from traditional infrastructure, it targets opportunities in green transformation and digital transformation across Japan.
66
2023
¥500,000,000
Venture Capital
Seed / Pre-seed stage
SSS Capital is a Tokyo-based venture capital firm, that invests in early/seed-stage startups. The company supports startups through its expertise in finance, strategic planning, and networking. It is sector agnostic but is particularly interested in startups that make use of technology to address digital and green transformation.
67
2023
¥500,000,000
Venture Capital
Seed / Pre-seed stage
Venture capital firm that seeks to invest in pre-seed and seed-stage startups. The firm is sector agnostic and extends its services to a diversified set of entrepreneurs and startups in Japan
68
2022
N/A
Venture Capital
Seed / Pre-seed stage
Light Up Ventures is a Tokyo-based private equity firm that invests in BtoB IT startups and university-launched tech ventures in the Kansai Region.
69
2021
¥720,000,000
Venture Capital
Seed / Pre-seed stage
Zero-Ichi Capital is a Tokyo-based venture capital firm that specializes in seed and pre-seed stage investments. The firm targets startups and entrepreneurs in Japan that can bring a significant impact on people's daily lives. The firm looks to invest in E-commerce, Entertainment, Digital Health, SaaS, Artificial Intelligence, and deep tech.
70
2020
¥500,000,000
Venture Capital
Seed / Pre-seed stage
DRG is a Tokyo-based independent venture capital firm specializing in seed stage Japanese venture companies. The firm also provides follow-on investments to its portfolio companies across Japan.
71
2020
¥5,000,000
Venture Capital
Seed / Pre-seed stage
Based in Hokkaido, Japan, POLAR SHORTCUT is a venture capital firm that targets local venture companies based in Hokkaido. The firm also offers incubation services to help early-stage venture companies to launch their businesses.
72
2019
¥5,000,000,000
Venture Capital
Seed / Pre-seed stage
Quantum Leaps Ventures is a Tokyo-based venture capital firm that spun off from Quantum Leaps Corporation. The firm targets pre-seed and seed-stage internet and technology companies in Japan that are striving to expand globally and disrupt the legacy industries.
73
2019
¥600,000,000
Venture Capital
Seed / Pre-seed stage
Tokyo-based venture capital firm that aims to create new industries by investing in pre-seed stage ventures operating in the IT domain: particularly AR/VR, eSports, and internet-enabled services targeting end consumers. The firm will provide financial expertise, networking, and marketing support to its investees across Japan
74
2018
¥5,200,000,000
Venture Capital
Venture Capital
Established in January 2018, Apricot Ventures is a Tokyo-based venture capital firm founded by Tomoki Shirakawa. The firm primarily targets seed-stage Japanese venture companies in Information Technology. It also operates a co-working office and provides mentoring service as well as networking opportunities for Japanese entrepreneurs.
75
2018
¥7,500,000,000
Venture Capital
corporate venture capital
Previously known as Full Commit Partners, Partners Fund is a venture capital firm based in Tokyo, Japan, focused on seed investments. The firm targets seed-stage start-ups in Japan working on the reform of traditional industries by cost transformation, application of IT and new technologies, and collaboration with the governments.
76
2017
¥2,698,000,000
Venture Capital
University Venture Capital
Formerly known as IF Lifetime Ventures, Lifetime Ventures (LtV) is an independent Tokyo-based venture capital firm that spun off from Incubate Fund. The firm specializes in pre-seed to seed stage investments in start-ups with a focus on areas such as digital health, enterprise Saas/PaaS, cross-border e-commerce, and remittance.
77
2017
¥800,000,000
Venture Capital
corporate venture capital
IDATEN Ventures is a private equity firm based in Tokyo, Japan, specializing in investments in seed stage start-ups in B2B start-ups for the manufacturing and logistics industries.
78
2018
¥6,600,000,000
Other
consultant
Tasku Inc. is a Japanese company specializing in digital solutions and technology consulting. The firm focuses on providing services that enhance operational efficiency and drive digital transformation for businesses. Tasku Inc. offers a range of solutions including software development, IT consulting, and system integration. They are dedicated to helping organizations leverage technology to improve their processes and achieve their business objectives.
79
2023
¥2,400,000,000
Equities
Long Only
Nakano Asset Management is a Japanese asset management firm founded in 2023, focused on providing long-term investment services. The company aims to help clients achieve financial independence through careful investment strategies. They differentiate themselves from major domestic companies by building a strong brand in cumulative investment and fostering customer loyalty.
80
2024
N/A
Venture Capital
Growth capital
Boost Capital is a Japan-based private equity firm involved in venture capital investment. It provides business support, acquisition support, and talent support to IT companies of all stages
81
2024
N/A
Venture Capital
University Venture Capital
Vertex Ventures Japan is a Japan-based private equity firm involved in venture capital investments. The firm invests in early-stage Japanese startups that focus on technology areas such as Deeptech, Digital Transformation (DX), AI, and the creator economy across Japan. Vertex Ventures Japan is part of the Vertex family of funds, which operates in China, Israel, Southeast Asia, India, and the US.
82
2023
N/A
Venture Capital
Impact
&Capital is a venture capital firm that focuses on impact investments in the African continent without sacrificing financial returns. The firm encourages Japanese corporations to tap into Africa and contribute to the growth of the continent. It targets venture capital firms, as well as mainly post series A startups in financial services, food/agriculture, healthcare, and energy fields that aim to address social issues in Africa, covering the “Big 4” countries, Nigeria, South Africa, Kenya, and Egypt, and other fast-growing countries.
83
2023
N/A
Venture Capital
Angel / Entreprenuer fund
Angel Round is a Tokyo-based venture capital firm that invests domestically. It seeks venture capital opportunities in early-stage startups in the ICT field. It also operates an online by-invitation-only community, UooVo, for young entrepreneurs to exchange information and support one another.
84
2023
N/A
Venture Capital
corporate venture capital
GOLDEN EGG Ventures is the venture capital arm of Japan-based Egg Forward, a consulting firm with experience supporting over 1000 companies. The firm provides an open ecosystem for startup co-creation, offering startups investment capital, management consulting, network access, and a co-working space for incubation.
85
2023
N/A
Private Equity
Sector focused (Construction)
Renovia Partners is a Tokyo-based private equity firm. The firm focuses on investing in small and medium-sized construction/architecture companies across Japan.
86
2023
N/A
Venture Capital
Seed / Pre-seed stage
waypoint venture partners is a Tokyo-based venture capital firm that invests in seed stage, domestic start-ups that are involved in broad themes such as city development, sustainable growth of industry, or personal empowerment.
87
2024
¥25,000,000,000
Venture Capital
Fund of Funds
UTokyo Innovation Platform, also known as UTokyo IPC, is a Tokyo-based venture capital firm and incubator focusing on venture businesses born out of the University of Tokyo. As a public-private fund backed by the Japanese government, the firm is dedicated to promoting innovation by funding and supporting entrepreneurs and business seeds in partnership with the private sector. UTokyo IPC invests across all stages of development, across diversified sectors and different regions and countries, but only in businesses that are related to the University of Tokyo or other public universities in Japan (i.e. businesses using research outcomes, intellectual properties, or technologies developed at such universities). It makes LP investments in other Japan-based venture capital funds with a similar investment focus as a means to cultivate venture capital businesses and ecosystems in Japan. As well, it invests in curve-out and joint venture opportunities in collaboration with Japanese corporate businesses.
88
2024
N/A
Other
Activist
They are interested in getting involved with shareholder activism in Japan. Want a selective (3-5 companies) portfolio. 'Will hold off applying for an FSA license for now. Will apply for licenses when LP or the fund business requires
89
2023
N/A
Venture Capital
Impact
Impact Capital Co., Ltd. is a venture capital firm specializing in impact investing, which focuses on investing in companies that contribute to solving social issues. The company aims to maximize social impact as well as generate returns, supporting the growth of its investee companies.
90
2023
N/A
Venture Capital
Seed / Pre-seed stage
Asu Capital Partners is a seed-stage focused venture capital firm. The firm focuses on supporting startups in Japan and other countries globally.
91
2023
N/A
Private Equity
SME support
PE fund focused on small / micro cap. Are pursuing deals on fund by fund basis. Ticket size sweet spot US $5-15mm, niche market where alpha can be generated. Co-investments, Secondaries, Direct Investments with Hybrid Structures. Can do buy-out. Exit strategies include m&a and / or iPO
92
2023
N/A
Venture Capital
Venture Capital
Dual Bridge Capital Co., Ltd. is a unique venture capital firm with a mission to nurture and support the next generation of business leaders. The company accelerates the growth of startup companies by providing not only funding but also programs and networks for leadership development.
93
2023
N/A
Venture Capital
Secondary
RG Capital Management Inc. is a Japanese investment firm specializing in asset management and financial advisory services. The company offers a range of investment solutions, including fund management and portfolio management services, designed to meet the diverse needs of their clients. RG Capital Management focuses on delivering strategic investment opportunities and tailored financial solutions to help clients achieve their financial goals.
94
2023
¥15,000,000,000
Venture Capital
Early-stage
This is an independent venture capital firm established by entrepreneur Tomoko Namba and members with experience in entrepreneurship and management. Through overwhelming support focused on entrepreneurs based on practical experience, we fully support entrepreneurs who tackle major challenges to thrive globally.
95
2022
N/A
Private Equity
Private Equity
a private equity company which focuses on investments in Japanese SMEs, in the end of 2022 along with ex-Representative Director & CFO of Tokyo Electron, a CEO who runs a souvenier shop (succeeded the family business as 2nd generation) at Fukuoka Airport, and ex-Chairman of The Securities Analysts Association of Japan (and Board member of Nomura Holdings). While the CEO Tom Noguchi is the only member with a buyout fund manager experience, each of the members has deep experience in different areas which can be utilized in the SME buyout investments.
96
2022
N/A
Venture Capital
Early-stage
GHOVC is a venture capital firm dedicated to investing in and supporting Japanese technology startups in their global expansion. They provide hands-on support in areas like talent acquisition, product-market fit, and securing additional funding.
97
2022
¥53,000,000,000
Venture Capital
ESG Investment
ANRI is a Japanese venture capital firm focused on investing in early-stage startups with high growth potential. The firm supports innovative companies across various sectors by providing capital, strategic guidance, and resources. ANRI aims to partner with visionary entrepreneurs to help them scale their businesses and achieve significant milestones. They are known for their commitment to fostering growth and success in the startup ecosystem.
98
2021
¥1,000,000,000
Infrastructure
Renewable Energy
Z Energy is a Japan-based infrastructure firm founded by nine companies. The firm focuses on investing and managing renewable energy and power generation assets in Japan, managing a fund that focuses on clean energy.
99
2021
¥21,000,000,000
Venture Capital
Early-stage
Carbide Ventures is a venture capital firm that invests in early-stage technology companies, focusing on enterprise software, SaaS, and cloud infrastructure. The firm is committed to helping startups scale and succeed in global markets, particularly between Japan and the United States. With a team of experienced investors and entrepreneurs, Carbide Ventures provides both capital and strategic guidance to help companies navigate the complexities of international growth.
100
2020
¥700,000,000
Venture Capital
Seed / Pre-seed stage
Yazawa Ventures is a Japanese venture capital firm dedicated to investing in early-stage startups. The firm focuses on supporting innovative businesses across diverse sectors, including technology and healthcare. Yazawa Ventures provides not only capital but also strategic support and mentorship to help startups grow and succeed. They aim to partner with visionary entrepreneurs and companies that have the potential to make a significant impact in their industries.
101
2019
N/A
Venture Capital
corporate venture capital
Double Feather Partners is an international venture capital firm that invests in start-up companies in diversified sectors.
102
2019
N/A
Venture Capital
Early-stage
Venture capital whose investment theme is human augmentation
103
2018
¥3,400,000,000
Venture Capital
Seed / Pre-seed stage
The Seed Ventures is a venture capital firm that invests in early-stage startups with a focus on innovative technology and high-growth potential. Based in Japan, the firm is dedicated to supporting entrepreneurs and startups by providing not only capital but also strategic support, mentorship, and resources to help them succeed. The Seed Ventures seeks to partner with dynamic teams and disruptive ideas that have the potential to make a significant impact in their respective industries.
104
2017
¥3,000,000,000
Venture Capital
Bio / Healthcare
D3 LLC is a professional firm focused on advancing global health by discovering, developing, and deploying innovative technologies. The company operates through venture capital investments in early-stage biotech and digital healthcare startups and offers consulting services in growth strategy, new business development, and investment advisory.
105
2017
¥4,000,000,000
Venture Capital
Deep tech
Abies Ventures is a Japanese venture capital firm that invests in early-stage startups across various sectors, including technology and healthcare. Their focus is on supporting companies with innovative ideas and strong growth potential. Abies Ventures provides both financial backing and strategic support to help startups achieve their goals.
106
2016
¥15,000,000,000
Venture Capital
Seed / Pre-seed stage
Genesia Ventures is a Tokyo-based venture capital firm that focuses on seed and early-stage investments in innovative digital startups across Asia. Founded in 2016, the firm aims to support the growth of startups in sectors like technology, media, and consumer services by providing capital, strategic guidance, and access to a wide network of industry experts. The firm operates with a strong emphasis on fostering the next generation of entrepreneurs, particularly in Japan and Southeast Asia.
107
2016
¥10,700,000,000
Venture Capital
Early-stage
D4V LLC (Design for Ventures) is a Japanese venture capital firm that specializes in design-driven investments. They focus on startups that integrate design thinking into their business models to drive innovation and growth. D4V supports early-stage companies with a strong emphasis on design and user experience, providing funding and strategic guidance to help them scale.
108
2014
¥6,600,000,000
Venture Capital
ESG Investment
Inclusion Japan is a company dedicated to promoting innovation and entrepreneurship in Japan. It supports the growth of startups by providing access to resources, mentorship, and networks both within Japan and internationally. The company plays a significant role in fostering a vibrant startup ecosystem, helping entrepreneurs navigate challenges and scale their businesses.
109
2024
Venture Capital
Crossover
UntroD Capital is a Tokyo-based venture capital firm specialized in seed to early-stage investments in the deep tech domain. Backed by a few Japanese corporations, it seeks to support research-driven startups to develop cutting-edge technologies that are expected contribute to solving social issues. Its investments focus on Japan and verticals such as robotics, electronics, biotechnology, agriculture, energy, materials, aerospace, big data, artificial intelligence (AI) and Internet of Things (IoT). Formerly known as Euglena SMBC Nikko Leave-a-Nest Capital, Real Tech Japan was founded as a joint venture between Euglena Investment Co., Ltd., SMBC Nikko Securities Inc., and Leave a Nest Co., Ltd. Real Tech Holdings was rebranded to UntroD Capital in July 2024.(Preqin)
110
2016
¥2,250,000,000
Venture Capital
Impact
Capital Medica Ventures (CMV) is the corporate venture capital arm of Capital Medica, a Tokyo-based hospital management and consulting firm, aiming to promote healthcare-related innovations. The firm invests in healthcare venture opportunities ranging from early stage (with prototypes) to Pre-IPO, including but not limited to products and services in medical, prevention, health, elderly care. In October 2017, CMV has been elected as the general partner for the Healthcare New Frontier Fund set up by the Kanagawa Prefecture of Japan.(Preqin)
111
2018
¥19,460,000,000
Private Equity
Growth capital
Our company was established with the aim of supporting medium-sized and small enterprises that aspire to "reform and growth," by members who have extensive practical experience in private equity investment, M&A, and finance. We primarily operate in the buyout and growth market, with a focus on the mid-to-small cap sector, and manage our activities independently. We believe there are abundant investment opportunities in the buyout and growth investment sector for mid-to-small cap markets, particularly with increasing transactions related to business succession challenges due to a lack of successors, as well as carve-out transactions involving subsidiaries or business divisions of corporations driven by the need for business reorganization. Beyond just providing risk capital, we fully leverage our networks, skills, know-how, experience, and insights, committing ourselves wholeheartedly to our portfolio companies without adopting a top-down approach, but rather working side-by-side with them. By collaborating with regional financial institutions, we aim to identify region-specific opportunities, becoming the best owners for companies that pursue "reform and growth," while also contributing to regional revitalization, economic and social development, and invigorating businesses in Japan.
112
2022
¥25,000,000,000
Private Equity
Growth capital
The company was established with the goal of supporting medium-sized and small enterprises that aspire to "reform and growth," by members with extensive practical experience in private equity investment, M&A, and finance. We primarily focus on the buyout and growth market, particularly in the mid-to-small cap sector, and operate independently. We believe that there are abundant investment opportunities in buyout and growth investments in the mid-to-small cap market, with an increasing number of transactions related to business succession challenges due to a lack of successors, as well as carve-out transactions of subsidiaries or business divisions driven by the need for business reorganization.
113
2017
¥87,200,000,000
Private Equity
Leveraged Buyout
Nippon Investment Company is a Tokyo-based independent private equity firm. The firm focuses on providing necessary resources, including hands-on management support, marketing advice, and strategy implementation to foster sustained growth for domestic Japanese middle and mid-market size, buyout , succession companies. Its clients include resorts, dining establishments, eyewear companies, and construction management facilities. The firm invests in diversified industries across Japan.
114
2017
¥2,700,000,000
Private Equity
Growth capital
GrowthPoint Equity is a Tokyo-based private equity firm that employs both growth and buyout strategies. For its buyout strategy, the firm targets mature Japanese SMEs with hands-on management support. For growth, the firm considers investing in early to growth-stage companies around the world. In both strategies, the firm does not have an industry preference. The firm provides support for international expansion.
115
2024
N/A
Venture Capital
Venture Capital
ON&BOARD is a Tokyo-based venture capital firm. The firm majority invests in pre-seed / seed stage companies in Global and Japan.
116
2019
¥7,300,000,000
Venture Capital
Early-stage
i-nest capital is a Tokyo-based venture capital firm,It aims to create new industries and solve social issues by providing support to seed to late-stage venture businesses focusing on Entertainment, Lifestyle, and Information Technology.
117
2020
¥9,515,000,000
Venture Capital
Seed / Pre-seed stage
ANOBAKA is a Tokyo-based venture capital firm targeting internet start-ups primarily in Japan. It focuses on seed-stage investments, providing hands-on support to IT start-ups operating in the areas such as mobile apps, social media, e-commerce, cloud computing as well as Fintech. The firm also invests overseas, particularly in the US, Southeast Asia, and India. Previously known as KLab Venture Partners and KVP, ANOBAKA was established in 2015 as a wholly owned subsidiary of KLab Inc., a Tokyo-based online mobile gaming company. KLab launched its venture capital business in 2011 through a joint venture co-founded with SBI Holdings, called Klab Venture. Klab Venture invested out of its maiden fund, SBI-KLab Startup Fund I, co-managed with SBI Investment.ANOBAKA became independent through a management buyout (MBO) announced in November 2020, where its management, Hirokazu Nagano, acquired 70% of shares from KLab.
119
2018
¥149,000,000
Venture Capital
Early-stage
XTech Ventures is a Tokyo-based venture capital firm established in 2018. The firm mainly targets seed and early-stage Japanese venture companies founded by seasoned professionals across diverse backgrounds. XTech Ventures has a sister company, XTech, which manages private equity fund management service (excluding venture capital).
121
2019
N/A
Venture Capital
Growth capital
GxPartners is a private equity firm based in Fukuoka, Japan. The firm focuses on seed and early-stage opportunities in companies operating in Fukuoka Prefecture. The firm seeks to promote open innovation by supporting collaboration between its portfolio start-ups and corporate investors investing in their funds. In February 2023, GXPartners formed an MOU with Singapore-based Origgin, to support the growth of global startups between Japan and Singapore.
122
2022
N/A
Venture Capital
Incubater / Accelarater
01Booster Capital is a Tokyo-based venture capital firm wholly owned by 01Booster. The firm seeks to utilize its fund, 01Booster 1st Investment, to invest in startups in the seed to the middle-late stages. The firm also aims to support businesses that have utilized 01Booster's accelerator programs as well as domestic and overseas startups that have the potential to expand globally. The firm mainly provides growth support to businesses in the industries of Blockchain, HealthTech, Renewable Energy, Education, and others that accelerate creativity.
123
2019
N/A
Venture Capital
Incubater / Accelarater
It seeks seed to early-stage opportunities in consumer-oriented start-ups in Japan. The firm targets B2C, B2B2C, C2C, and D2C businesses in the lifestyle, entertainment, and sports sectors as well as technology start-ups supporting such businesses.
124
2017
¥6,000,000,000
Venture Capital
Artificial Inelligence
Deepcore is a Tokyo-based incubator and venture capital firm wholly owned by Softbank Group, specializing in seed to early-stage investments in AI startups. It seeks to drive disruptive innovation by providing capital and hands-on support to AI startups primarily in Japan.
125
2022
N/A
Venture Capital
Seed / Pre-seed stage
New Commerce Ventures is a venture capital firm based in Tokyo. The firm aims to utilize its funds to provide growth support to Japanese startups that are in the industries of retail, distribution, digital transformation(DX), and sustainability transformation(SX).
126
2017
N/A
Venture Capital
Seed / Pre-seed stage
Basepartners is a Tokyo-based venture capital firm focused on early to mid-stage investments in Japan. The firm provides venture capital and hands-on support to entrepreneurs with scarce resources or networks.
127
2018
N/A
Venture Capital
Venture Capital
Based in Tokyo, Japan, FIRSTLIGHT Capital is a venture capital arm of Uzabase, a Japanese business information provider. The firm primarily targets early-stage companies in B2B SaaS and subscription businesses. It would consider investing in Japan-based companies as well as companies based outside of Japan.
128
2022
¥17,600,000,000
Private Equity
SME support
Prosper Co., Ltd. is a venture capital firm focused on supporting the growth of Japanese companies through strategic investments. It aims to foster sustainable development by addressing various social issues and promoting innovation in the market.
129
2022
¥300,000,000
Venture Capital
Sector focused (Entertainment)
WONDERTAINER FUND I is a debut venture capital fund of FIREBUG, specializing in the empowerment of entertainers and the digital transformation (DX) of the entertainment sector. The fund targets seed to early stage start-ups that are creating business opportunities for entertainers or that are expected to accelerate growth by collaborating with celebrities and/or entertainment businesses partnering with the fund.
130
2016
¥2,700,000,000
Venture Capital
Seed / Pre-seed stage
Based in Fukuoka, Japan, F Ventures is a venture capital firm focused on seed investments in Internet start-ups. The firm targets primarily entrepreneurs from Fukuoka, start-ups based in Fukuoka, or Asian start-ups with strong ties with Fukuoka. The firm's investment focus areas include logistics, healthcare, and agriculture.
131
2018
¥12,500,000,000
Venture Capital
Early-stage
NOW is a Tokyo-based venture capital firm established in 2017 by Kazuma Ieiri and Ryosuke Kajitani. The firm targets seed and early stage start-ups in the technology field including AI, IoT, Blockchain, Social Media, AV/VR, SaaS, and E-commerce.
132
2015
N/A
Venture Capital
Seed / Pre-seed stage
Skyland Ventures is venture capital firm based in Japan. The firm primarily targets domestic seed and early opportunities as well as follow-on rounds in Internet-related sectors. Skyland Ventures is also investing in virtual reality (VR), chatbot, drones, and fintech.
133
2024
N/A
Private Equity
Fund of Funds
Luca Inc. is a company that simplifies alternative investments for a broader range of investors, aiming to make the investment process faster and more accessible. It focuses on providing innovative solutions to enhance investment opportunities.
134
2022
¥3,400,000,000
Private Equity
PIPE/Crossover
We established Growth Partners Co., Ltd. to provide management advice and growth capital to support the acceleration of growth for unlisted ventures to small and mid-sized listed companies. Utilizing our experience in investing in approximately 40 companies with a cumulative investment amount of 100 billion yen, we offer growth capital for purposes such as M&A, capital investment, and marketing investment. We also provide comprehensive management know-how in areas such as business (M&A, global expansion, new business planning, marketing, cost reduction, PR/IR, human resource system reform, DX, etc.), finance (fundraising, maximizing investment effectiveness, working capital efficiency), tax (M&A structuring), and legal matters (contract negotiation, labor management), all aimed at supporting the acceleration of company growth.
135
2013
¥6,700,000,000
Venture Capital
Early-stage
Japan's first independent VC specializing in B2B tech. We invest in the seed-plus stage, often referred to as the "valley of death," and provide hands-on support to our portfolio companies.
136
2022
¥6,000,000,000
Venture Capital
Early-stage
The operating entity, Animal Spirits Fund I Limited Liability Partnership, is led by partners Yusuke Asakura and Shota Araki. It was established based on the analysis that Japan lacks "entrepreneur-minded investors" who promote the sustainable growth of startups. Leveraging their experience as entrepreneurs, executives of listed companies, and investors, they aim to address the challenge in Japan's market environment where startups, facing difficulties in raising funds in the later stages, often opt for an early IPO before achieving sufficient growth. They support and nurture startups from the seed and early stages, with the intention of facilitating large-scale fundraising in the later stages.
137
2023
¥150,000,000
Venture Capital
Impact
We invest in companies that aim to solve social issues in Okinawa through business, striving to achieve both economic returns and the resolution of social challenges. We conduct impact assessment and management to visualize the changes and effects on society and the environment.
138
2023
¥5,000,000,000
Venture Capital
Sector focused (Femtech)
Asia's first fund dedicated to women's well-being. It invests not only in women's health but also in areas that enhance women's quality of life (QOL). The fund is led by two individuals with backgrounds from D4V.
139
2023
¥3,000,000,000
Venture Capital
SME support
A Sendai-based venture capital firm aiming to create new industries and promote regional development through the co-creation of local communities and startups.
141
2024
¥1,530,000,000
Venture Capital
Seed / Pre-seed stage
X& providing services to its clients such as providing solution for individuals looking to establish their own venture funds, capital anchoring, fund management, management of financial transactions, and definition of venture brands.
142
2025
Digital Assets
Managed Futures / CTA
SPEQTRA is a Systematic CTA investment firm specializing in digital assets. It employs a disciplined, rules-based approach to capitalize on market volatility while effectively managing risk. Leveraging advanced quantitative models and a resilient technological infrastructure, SPEQTRA executes data-driven, emotion-free trading strategies that systematically exploit market inefficiencies shaped by cognitive biases.
143
2022
Venture Capital
Managed Futures / CTA
Sunny Side Venture Partners invests in ambitious early-stage startups, primarily in North Africa, with potential coverage extending to the Middle East and Sub-Saharan Africa. The firm focuses on sectors such as retail, consumer, fintech, enterprise applications, and food and agriculture technology.
144
2023
Multiple Assets
consultant
Liberta Investment Partners Co., Ltd., established in January 2023 and headquartered in Tokyo, is a licensed Japanese asset management firm specializing in private equity and fund-of-funds strategies, offering client-first investment solutions guided by a team with over 160 years of combined industry experience.
145
2021
Private Equity
Small buyout
REVA is a Tokyo-based private equity firm founded in 2021, focused on control investments in Japanese SMEs and mid-cap companies, leveraging operational expertise and digital transformation strategies to enhance enterprise value.
146
2021
Private Debt
Startup Debt
SDF Capital is a Japanese independent private debt fund that provides non-dilutive financing to startups through tailored debt solutions, aiming to support their growth without equity dilution.
147
2024
Equities
Equity Long / Short
TIGER GATE CAPITALemploys a market-neutral long/short equity strategy focused on Japanese equities, integrating fundamental analysis with global macro perspectives
148
2021
Venture Capital
corporate venture capital
Ignition Point Venture Partners is a Tokyo-based corporate venture capital firm established in 2021, focusing on early-stage investments in sectors such as digital transformation, business innovation, and succession planning for Japanese SMEs.
149
2021
Venture Capital
Venture Capital
Globe Advisors Ventures is an asset management firm that focuses on a long-term, fundamentals-driven investment strategy, targeting growth-stage companies with strong scalability potential, and aims to generate sustainable returns by combining strategic capital allocation with active support in business development, governance, and market expansion.
150
2022
Private Equity
Small buyout
Topaz Regional Partners is an asset management firm that employs a hands-on investment strategy, providing equity-based solutions to address challenges faced by regional mid-sized and small enterprises, aiming to enhance their corporate value and support sustainable growth through management and financial restructuring.
151
2024
Venture Capital
Sector focused (Entertainment)
Big Bull Co., Ltd. is a Tokyo-based venture capital firm that manages the Big Bull Fund No. 1, focusing on investments ranging from ¥5 million to ¥50 million in startups from seed to pre-IPO stages, with a particular emphasis on entertainment and consumer-facing sectors. The firm actively leads investments and provides follow-on funding, aiming to foster innovative cultural and lifestyle ventures in Japan and globally.
152
2024
Private Equity
Leveraged Buyout
Atlas Capital is a Tokyo-based private equity firm founded in 2024 that specializes in long-term investments in Japanese small and medium-sized enterprises (SMEs), focusing on business succession, operational improvement, and strategic growth through hands-on support.
153
2021
Equities
PIPE/Crossover
Iyasaka Asset Management is an investment firm that focuses on concentrated, long-term investments in Japanese companies with strong growth potential, aiming to enhance corporate value through ongoing dialogue with management and providing reliable Japan equity opportunities for high-net-worth investors.
154
2023
Private Equity
Search fund
Rocketstar Inc. is a Tokyo-based investment firm that operates search funds to acquire and grow small and medium-sized Japanese enterprises, empowering aspiring entrepreneurs to become CEOs and enhance corporate value through hands-on management and strategic support.
155
2023
Equities
Equity Long / Short
Bell Investments Inc. is a Tokyo-based hedge fund that employs a long-biased investment strategy, focusing on identifying undervalued Japanese companies through fundamental research and aiming to capitalize on discrepancies between intrinsic value and market price while maintaining systematic risk management.
156
2023
Private Equity
Credit Distressed
Brighten Japan is an asset management firm that focuses on turning around distressed Japanese companies through strategic restructuring and hands-on investment support.
157
2024
Private Equity
Bio / Healthcare
Mountain Capital is a Tokyo-based investment firm that specializes in revitalizing Japan's healthcare and eldercare sectors through a dedicated fund focused on scaling operations, adopting care technologies, improving workforce conditions, and fostering regional collaboration.
158
2021
Private Equity
Search fund
Fore Bridge Co., Ltd. is a Japanese private equity firm that employs a "Japanese-style search fund" model to facilitate business succession in small and medium-sized enterprises (SMEs) facing leadership shortages, by identifying and nurturing next-generation entrepreneurs ("NextPreneurs") who acquire and manage these businesses, thereby preserving employment and contributing to the national economy.
159
2019
Venture Capital
Early-stage
epiST Ventures Inc. is an independent Japanese venture capital firm that invests in seed to Series A stage tech startups—particularly those originating from universities—focused on AI, data science, robotics, GreenTech, HealthTech, and digital transformation, offering hands-on support in areas such as data strategy, R&D collaboration, talent acquisition, and business development to foster data-driven innovation and global scalability.
160
2019
Venture Capital
Early-stage
Gazelle Capital Inc. is a Japanese venture capital firm that specializes in pre-seed and seed-stage investments in startups aiming to digitally transform traditional industries such as manufacturing, construction, healthcare, and real estate, providing up to ¥50 million per company along with hands-on support to foster high-growth "gazelle companies" that drive employment and innovation.
161
2024
Venture Capital
Seed / Pre-seed stage
TeamMake Capital is a Japanese venture capital firm specializing in pre-seed and seed-stage investments across all industries, distinguished by its unique integration of HR expertise to support early-stage startups in rapidly building effective teams through tailored recruitment strategies and operational assistance.
162
2017
Venture Capital
Bio / Healthcare
Axil Capital Advisors is a Tokyo-based venture capital firm specializing in life sciences, investing from seed to crossover stages in areas such as biopharmaceuticals, medical devices, digital health, and healthcare services, with a focus on fostering global biotech innovation and creating synergies between Japan and international markets.
163
2024
Venture Capital
Seed / Pre-seed stage
Abelia Capital is a Japan-based venture capital firm that provides seed funding to startups.
164
2022
Venture Capital
Venture Capital
BIG Impact Inc. is an independent Japanese venture capital firm that invests in early-stage startups with the potential to drive significant social transformation, focusing on sectors such as AI, IoT, robotics, manufacturing DX, healthcare, and environment, while fostering regional innovation through initiatives like the Hyogo Kobe Startup Fund.
165
2019
Venture Capital
Bio / Healthcare
Catalys Pacific is a Tokyo-based venture capital firm specializing in early-stage life sciences investments, employing a transpacific "venture creation" model that establishes and funds biotech startups in Japan and the U.S., focusing on asset-centric companies to develop innovative therapies for unmet medical needs.
166
2025
Private Equity
Leveraged Buyout
Dears CAPITAL is a Tokyo-based private equity firm that invests in Japanese small and medium-sized enterprises (SMEs), focusing on unlocking their untapped potential through a human-centric approach, with a particular emphasis on promoting women's participation in the workforce.
167
2018
Venture Capital
Sector focused (AI)
Deep30 is a Tokyo-based venture capital firm operated by affiliates of the University of Tokyo's Matsuo Laboratory, specializing in early-stage investments in startups leveraging deep learning and AI technologies, with a hands-on approach that includes technical guidance and support for business planning to facilitate the practical application of advanced research.
168
2022
Venture Capital
Seed / Pre-seed stage
HAKOBUNE is a Tokyo-based independent venture capital firm that invests in pre-seed and seed-stage startups led by "mavericks" or "outliers" within organizations, focusing on three types of transformative change: solving industry-specific problems (Vertical SaaS/B2B), creating new values and cultures (toC/ESG/Web3.0), and leveraging cutting-edge technologies (AI, 5G, MR), while providing hands-on support and fostering a culture of mature entrepreneurship.
169
2017
Venture Capital
Bio / Healthcare
Healthcare Innovation Inc. is a Tokyo-based venture capital firm that addresses gaps in Japan's biotech ecosystem by investing predominantly in pre-IPO-stage bio-ventures (70% of its portfolio) and early-stage startups with groundbreaking technologies (30%), providing funding for proof-of-concept trials to enhance company value and facilitate exits through IPOs or acquisitions.
170
2024
Venture Capital
Sector focused (AI)
Hyperion Inc. is a Tokyo-based venture capital firm that invests in pre-seed and seed-stage startups applying AI technologies to transform traditional industries, offering hands-on support and, in some cases, co-founding ventures to drive innovation in sectors such as healthcare, fintech, and regulated industries.
171
2020
Venture Capital
Early-stage
MIRAITRONC is a Tokyo-based venture capital firm that invests in early- to mid-stage technology startups specializing in computer science, with a focus on data acquisition, visualization, analysis, and application, aiming to drive the realization of Society 5.0 through the social implementation of advanced technologies.
172
2020
Venture Capital
Seed / Pre-seed stage
Mirai Nihon Ventures is a Tokyo-based venture capital firm that invests in unlisted Japanese companies from seed to pre-IPO stages, focusing on sectors such as IT/DX, environment, lifestyle, and healthcare, and providing hands-on support including co-founding, spin-out investments, and growth assistance to drive innovation and value creation.
173
2020
Venture Capital
Early-stage
Pacific Bays Capital is a Tokyo-based venture capital firm that invests globally in early- to late-stage startups, focusing on deep-tech sectors such as aerospace, robotics, and high-tech industries, with a mission to foster the next generation of unicorns by combining Japanese innovation with Silicon Valley's entrepreneurial spirit.
174
2018
Private Equity
Small buyout
Quzilla Capital is a Tokyo-based private equity firm that invests in small to medium-sized enterprises (SMEs) in Japan, focusing on revitalizing traditional businesses through digital transformation and globalization strategies. Their approach includes providing hands-on support to modernize operations, enhance brand positioning, and implement technological solutions, all while preserving existing workforces and respecting the unique cultures of each enterprise.
175
2021
Venture Capital
Early-stage
Shizen Capital is a Tokyo-based independent venture capital firm founded by former entrepreneurs, investing in pre-seed to Series A startups across sectors like AI, IoT, XR, and enterprise software, with a mission to support ambitious projects driving digital transformation in Japan through financial, operational, and strategic backing.