Incubate Fund

Incubate Fund is an independent venture capital firm founded in 2010 and based in Tokyo, Japan. It specializes in seed and early-stage investments in technology startups, backing entrepreneurship across Asia. The firm has built a portfolio of more than 300 companies and has delivered multiple exits, including 12 initial public offerings and 20 mergers and acquisitions since its inception. It maintains a broad sector focus that spans business products and services, consumer products and services, information technology and the Internet of Things, as well as media, entertainment, games, commerce, logistics, medical, financial services, real estate, automobiles, and housing-related innovation. Through its regional presence in Asia, the firm supports founders from early development through scaling, aiming to back ambitious teams with potential for significant growth.

Tohru Akaura

General Partner

Yuuki Aono

Associate

Gotoh Katsunari

Professional Partner

Masahiko Homma

General Partner

Haruki Imaizumi

Associate

Past deals in Asia

GreenFortune

Seed Round in 2025
GreenFortune is an Indian company specializing in window and door systems. It offers a tech-driven approach, combining global expertise from India, Germany, and Japan, to deliver high-quality, affordable products. The company serves as a preferred partner to fabricators and customers, providing a wide range of services including design, manufacturing, and installation. GreenFortune's platform also enables real-time project updates and document history, enhancing efficiency in construction projects. The company is backed by international investors from Japan and Singapore, facilitating its international partnerships and commitments to supporting its fabricator network.

KOMPEITO

Series D in 2024
KOMPEITO is a Tokyo-based platform that provides an office welfare service by enabling employees to order and receive fresh vegetables, fruits, and healthy foods delivered to their workplace. The online platform supports corporate health programs by offering on-demand fruit and vegetable delivery as well as healthy prepared meals sourced from convenience stores and restaurants, helping office workers eat healthily during the workday. Founded in 2012, the company focuses on convenient access to produce and nutritious options at the office, streamlining how employers support employee wellbeing.

Paytner

Venture Round in 2024
Paytner is a company focused on providing financial support services specifically tailored for freelancers in Japan. As the freelance workforce continues to grow, the company addresses various challenges faced by this demographic, including funding issues and workplace harassment. Paytner has developed an online invoicing platform that allows freelancers to sell their invoices to business partners for immediate payment, typically within an hour. By facilitating the purchase of invoice information before deposits are made, Paytner enables clients to access funds quickly while managing their payment cycles more effectively. This innovative approach aims to enhance the financial stability of freelancers and improve the overall working environment in the evolving landscape of freelance employment.

EV Motors Japan

Series D in 2024
EV Motors Japan specializes in the sales and service of commercial electric vehicles within the automotive industry.

Pale Blue

Series B in 2023
Pale Blue is a technology company focused on water-based propulsion systems and satellite mobility infrastructure for the aerospace industry. It designs and manufactures thrusters for microsatellites, including water resistojet, water ion, and hybrid propulsion devices. The propulsion systems use water instead of hazardous propellants like hydrazine, supporting sustainable space operations and in-orbit maneuvers for small satellites. The company was founded in 2020 and is based in Kashiwa, Japan.

Paytner

Series B in 2023
Paytner is a company focused on providing financial support services specifically tailored for freelancers in Japan. As the freelance workforce continues to grow, the company addresses various challenges faced by this demographic, including funding issues and workplace harassment. Paytner has developed an online invoicing platform that allows freelancers to sell their invoices to business partners for immediate payment, typically within an hour. By facilitating the purchase of invoice information before deposits are made, Paytner enables clients to access funds quickly while managing their payment cycles more effectively. This innovative approach aims to enhance the financial stability of freelancers and improve the overall working environment in the evolving landscape of freelance employment.

GreenFortune

Seed Round in 2023
GreenFortune is an Indian company specializing in window and door systems. It offers a tech-driven approach, combining global expertise from India, Germany, and Japan, to deliver high-quality, affordable products. The company serves as a preferred partner to fabricators and customers, providing a wide range of services including design, manufacturing, and installation. GreenFortune's platform also enables real-time project updates and document history, enhancing efficiency in construction projects. The company is backed by international investors from Japan and Singapore, facilitating its international partnerships and commitments to supporting its fabricator network.

Meleap

Series C in 2022
Meleap is a Japanese company founded in 2014 that specializes in developing innovative gaming experiences. It offers an augmented reality (AR) sport called HADO, which combines physical activity with technology. Players wear head-mounted displays and armband sensors to compete in teams, using 'energy balls' or 'shields' to earn points.

AI Medical Service

Series C in 2022
AI Medical Service specializes in developing artificial intelligence that combines Japanese endoscopic specialists' expertise to enhance global endoscopic medical care.

KOMPEITO

Series C in 2022
KOMPEITO is a Tokyo-based platform that provides an office welfare service by enabling employees to order and receive fresh vegetables, fruits, and healthy foods delivered to their workplace. The online platform supports corporate health programs by offering on-demand fruit and vegetable delivery as well as healthy prepared meals sourced from convenience stores and restaurants, helping office workers eat healthily during the workday. Founded in 2012, the company focuses on convenient access to produce and nutritious options at the office, streamlining how employers support employee wellbeing.

Linc'well

Series C in 2021
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

Pale Blue

Series A in 2021
Pale Blue is a technology company focused on water-based propulsion systems and satellite mobility infrastructure for the aerospace industry. It designs and manufactures thrusters for microsatellites, including water resistojet, water ion, and hybrid propulsion devices. The propulsion systems use water instead of hazardous propellants like hydrazine, supporting sustainable space operations and in-orbit maneuvers for small satellites. The company was founded in 2020 and is based in Kashiwa, Japan.

Paytner

Series A in 2021
Paytner is a company focused on providing financial support services specifically tailored for freelancers in Japan. As the freelance workforce continues to grow, the company addresses various challenges faced by this demographic, including funding issues and workplace harassment. Paytner has developed an online invoicing platform that allows freelancers to sell their invoices to business partners for immediate payment, typically within an hour. By facilitating the purchase of invoice information before deposits are made, Paytner enables clients to access funds quickly while managing their payment cycles more effectively. This innovative approach aims to enhance the financial stability of freelancers and improve the overall working environment in the evolving landscape of freelance employment.

Thirdverse

Series B in 2021
Founded in 2016, Thirdverse is a Japanese game studio specializing in multiplayer virtual reality (VR) games. It combines blockchain technology to create economic zones and immersive gaming experiences.

Ispace Technologies

Series C in 2021
Ispace Technologies is a Tokyo-based company specializing in space resource exploration, particularly focused on developing micro-robotic technology to facilitate the identification, extraction, and transportation of lunar resources, such as ice, essential for sustaining human life in space. Founded in 2013, Ispace is recognized for its innovative approach, utilizing 3D printing and commercially available products to create efficient and cost-effective solutions. The company is also involved in the Google Lunar XPRIZE Competition through its Team HAKUTO, which has gained recognition for its advancements in mobility and aims to land a privately funded robot on the Moon. Ispace’s micro-robots are designed to explore larger lunar areas quickly and economically, making significant strides towards establishing a sustainable presence in outer space.

Catallaxy

Series A in 2021
Catallaxy is a platform and services company that provides metal parts procurement, cloud business management, and consulting. It operates Mitsuri, a trading platform for web quotes of metal custom parts linked to suppliers, including processing for industrial machinery, factory automation equipment, and facility equipment, and it also runs Fabit, a platform for manufacturing media. The company coordinates with processing companies and partner factories to streamline procurement, production, and distribution of metal parts, enabling customers to receive materials and improve operational efficiency.

Sharing Energy

Series A in 2021
Founded in 2018, Sharing Energy is a Tokyo-based company specializing in the research and development of energy management services. It provides innovative solutions for storing and utilizing energy, offering users sustainable power supply options through its Share Denki service.

Parame

Seed Round in 2020
Founded in 2020, Parame Inc. specializes in employee referral platform development. It offers services such as Parame Agent for talent search, Parame Recruit for reference checks, and Parame Magazine for company information.

Ax Robotix

Seed Round in 2020
Ax Robotix is a Tokyo-based sleep technology company that develops robotic sleep-aid products and smart bed solutions to improve sleep quality. The company designs devices and services around integrated sleep systems, including a mattress with a belt deformation mechanism that interfaces with the body to regulate sleep and enhance restfulness. Its product lineup has included robotic sleep-aid concepts such as pixx and bexx, reflecting ongoing efforts in hardware-enabled sleep optimization. Founded in 2019, Ax Robotix aims to advance sleep health through multidisciplinary development across product design and user experience.

Thirdverse

Series A in 2020
Founded in 2016, Thirdverse is a Japanese game studio specializing in multiplayer virtual reality (VR) games. It combines blockchain technology to create economic zones and immersive gaming experiences.

Ispace Technologies

Series B in 2020
Ispace Technologies is a Tokyo-based company specializing in space resource exploration, particularly focused on developing micro-robotic technology to facilitate the identification, extraction, and transportation of lunar resources, such as ice, essential for sustaining human life in space. Founded in 2013, Ispace is recognized for its innovative approach, utilizing 3D printing and commercially available products to create efficient and cost-effective solutions. The company is also involved in the Google Lunar XPRIZE Competition through its Team HAKUTO, which has gained recognition for its advancements in mobility and aims to land a privately funded robot on the Moon. Ispace’s micro-robots are designed to explore larger lunar areas quickly and economically, making significant strides towards establishing a sustainable presence in outer space.

Pale Blue

Seed Round in 2020
Pale Blue is a technology company focused on water-based propulsion systems and satellite mobility infrastructure for the aerospace industry. It designs and manufactures thrusters for microsatellites, including water resistojet, water ion, and hybrid propulsion devices. The propulsion systems use water instead of hazardous propellants like hydrazine, supporting sustainable space operations and in-orbit maneuvers for small satellites. The company was founded in 2020 and is based in Kashiwa, Japan.

Linc'well

Series B in 2020
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

Paytner

Seed Round in 2020
Paytner is a company focused on providing financial support services specifically tailored for freelancers in Japan. As the freelance workforce continues to grow, the company addresses various challenges faced by this demographic, including funding issues and workplace harassment. Paytner has developed an online invoicing platform that allows freelancers to sell their invoices to business partners for immediate payment, typically within an hour. By facilitating the purchase of invoice information before deposits are made, Paytner enables clients to access funds quickly while managing their payment cycles more effectively. This innovative approach aims to enhance the financial stability of freelancers and improve the overall working environment in the evolving landscape of freelance employment.

MagicPod Japan

Seed Round in 2020
TRIDENT Inc. specializes in automation tools and software aimed at enhancing software development and testing processes. Founded in 2012 and headquartered in Chuo, Japan, the company offers Magic Pod, a cloud-based test automation service that leverages artificial intelligence technologies. By focusing on automation, TRIDENT seeks to improve software quality while addressing the common challenges of increased costs and extended timelines associated with traditional development methods.

Catallaxy

Venture Round in 2020
Catallaxy is a platform and services company that provides metal parts procurement, cloud business management, and consulting. It operates Mitsuri, a trading platform for web quotes of metal custom parts linked to suppliers, including processing for industrial machinery, factory automation equipment, and facility equipment, and it also runs Fabit, a platform for manufacturing media. The company coordinates with processing companies and partner factories to streamline procurement, production, and distribution of metal parts, enabling customers to receive materials and improve operational efficiency.

AgroDesign Studios

Seed Round in 2020
AgroDesign Studio Inc. is a Japanese company established in 2018 and headquartered in Tsukuba, Ibaraki Prefecture. The company specializes in the research and development of agrochemicals, including pesticides and fertilizers, with a focus on sustainable agricultural practices. AgroDesign Studio is dedicated to creating biochemical-based pesticides that utilize active ingredient compounds, particularly molecular-targeted nitrification inhibitors. These innovative products are designed to suppress the activity of ammonia-oxidizing bacteria, allowing farmers to employ safer fertilizers for efficient agricultural production. Through its commitment to agricultural biotechnology, AgroDesign Studio aims to contribute significantly to sustainable farming solutions.

ENDROLL

Venture Round in 2020
ENDROLL is a Japan-based company that develops immersive entertainment content using augmented reality and extended reality to turn spaces into entertainment venues. Since its founding in 2017 and based in Shibuya-ku, Tokyo, it offers content planning and development services, including tie-up content with companies and venues, contracts for AR-based content development, and game development to enable immersive AR entertainment.

KiteRa

Venture Round in 2019
KiteRa Co., Ltd. is a technology company based in Minato, Japan, founded in 2019. It specializes in developing a cloud-based software as a service (SaaS) solution designed for regulation management. The KiteRa platform allows organizations to diagnose, create, and publish employment and internal rules online, facilitating compliance with evolving legal standards. It also helps companies navigate revisions that occur due to changes in legislation. By streamlining the process of creating and managing work regulations, KiteRa enhances operational efficiency and supports companies in implementing work style reforms effectively.

PostCoffee

Seed Round in 2019
Founded in Tokyo in 2018, PostCoffee is an online platform offering personalized coffee subscription services. It provides a curated selection of high-quality beans from around the world, delivering them directly to customers' doorsteps based on their preferences and a comprehensive coffee diagnosis.

Paytner

Venture Round in 2019
Paytner is a company focused on providing financial support services specifically tailored for freelancers in Japan. As the freelance workforce continues to grow, the company addresses various challenges faced by this demographic, including funding issues and workplace harassment. Paytner has developed an online invoicing platform that allows freelancers to sell their invoices to business partners for immediate payment, typically within an hour. By facilitating the purchase of invoice information before deposits are made, Paytner enables clients to access funds quickly while managing their payment cycles more effectively. This innovative approach aims to enhance the financial stability of freelancers and improve the overall working environment in the evolving landscape of freelance employment.

AVA Intelligence

Seed Round in 2019
AVA Intelligence is a Tokyo-based artificial intelligence software company that develops a platform for personalized travel planning. The platform analyzes user characteristics and travel conditions to propose destinations and activities tailored to individual interests, and provides comprehensive travel information including sightseeing spots, restaurants, hotels, and experiences. It supports searching for airline tickets and accommodations and enables users to save destination information and past searches to streamline planning and comparison across sources. The company focuses on delivering tailored travel suggestions and consolidated travel information to reduce time spent consulting multiple sites.

Readhub

Venture Round in 2019
ReadHub Inc. is an online platform established in 2019 and based in Minato-ku, Japan, that focuses on enhancing the reading experience through social interaction. The company offers a space for users to share book reviews, exchange comments, and discover new interpretations and ideas related to reading. By facilitating discussions and connections among users with similar interests, ReadHub enables individuals to find books that resonate with them and enrich their literary journeys. As a developer of Internet media and applications, ReadHub aims to create a community that fosters a deeper appreciation for literature.

Payme

Corporate Round in 2019
Payme, Inc. is a software company based in Tokyo, Japan, founded in 2017. It specializes in developing a mobile application that provides payroll prepayment services, allowing users to access their earned wages in cash through their smartphones. The company focuses on creating digital platforms to streamline mobile payments and salary advance services, aiming to enhance financial accessibility for users.

Togetter

Venture Round in 2019
Togetter is a web-based service that allows users to compile and organize tweets from Twitter into coherent summaries. Launched over a decade ago, the platform has gained significant popularity, producing more than 100,000 pieces of content daily. It serves as a valuable resource for documenting various events in Japan, particularly during crises like the Great East Japan Earthquake, where it plays a crucial role in information distribution alongside Twitter. Users can freely assemble tweets around specific themes, add comments, and curate their own collections, enhancing the way information is shared and experienced online. Togetter continues to innovate and adapt, delivering unique and engaging content to its audience.

iCare

Venture Round in 2019
iCare Co., Ltd., established in 2011 and headquartered in Tokyo, Japan, specializes in health management solutions. It operates a cloud-based platform that consolidates and securely stores employee health information, including check-up results, stress levels, work hours, and consultation records. iCare's platform is designed to alleviate administrative burdens from businesses, enabling them to better manage employee health and well-being. The company is recognized as the leading health and labor cloud solution provider in Japan, catering to both small and medium-sized enterprises and large corporations expanding globally.

Linc'well

Seed Round in 2019
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

Crezit

Pre Seed Round in 2019
Founded in Japan in 2019, Crezit offers a comprehensive suite of financial products and services through its mobile application. It aims to revolutionize consumer credit by providing transparency and a seamless user experience.

Satori

Venture Round in 2019
Satori Inc., founded in 2015 and based in Tokyo, Japan, specializes in developing a comprehensive marketing automation tool. This tool encompasses various functionalities, including lead management, lead generation, lead nurturing, lead qualification, and reporting. Satori aims to deliver creative and effective solutions tailored to their clients' needs, ensuring projects are completed on time and within budget. The company emphasizes a holistic approach to communications, offering a range of services in-house to meet diverse client requirements.

PoliPoli

Venture Round in 2019
PoliPoli is an innovative political co-creation platform based in Japan that facilitates social decision-making for political parties. It allows politicians to present their policies in a clear and accessible format, encouraging public engagement. Users can participate by supporting these policies and taking part in "missions" aimed at bringing them to fruition. The platform also enables users to ask questions and provide suggestions, fostering a collaborative environment between politicians and the public. By gamifying the political process, PoliPoli enhances civic involvement and empowers citizens to play an active role in shaping policy decisions.

LAPRAS

Series C in 2018
LAPRAS Inc., established in 2016 and based in Tokyo, Japan, specializes in career-matching technology. It operates two primary services: LAPRAS, which uses machine learning to analyze publicly available online data and generate personalized profiles for individuals, and LAPRAS SCOUT, designed to help companies find suitable candidates by searching through these profiles. The company's core business lies in facilitating efficient connections between engineers and potential employers using automated, objective analysis of technical skills and preferences.

Meleap

Series B in 2018
Meleap is a Japanese company founded in 2014 that specializes in developing innovative gaming experiences. It offers an augmented reality (AR) sport called HADO, which combines physical activity with technology. Players wear head-mounted displays and armband sensors to compete in teams, using 'energy balls' or 'shields' to earn points.

Farmally

Seed Round in 2018
Farmally is aiming to make agricultural production more efficient and realize sustainable agriculture through the agricultural machinery marketplace business. It lists all the machines and equipment necessary for agricultural production, including used agricultural machines that are hard to find in stock. According to the customer's request, Pharmay will consistently handle purchasing, sales, delivery, and maintenance. The company was founded in 2018 and is headquartered in Tokyo, Japan.

PoliPoli

Venture Round in 2018
PoliPoli is an innovative political co-creation platform based in Japan that facilitates social decision-making for political parties. It allows politicians to present their policies in a clear and accessible format, encouraging public engagement. Users can participate by supporting these policies and taking part in "missions" aimed at bringing them to fruition. The platform also enables users to ask questions and provide suggestions, fostering a collaborative environment between politicians and the public. By gamifying the political process, PoliPoli enhances civic involvement and empowers citizens to play an active role in shaping policy decisions.

AI Medical Service

Series A in 2018
AI Medical Service specializes in developing artificial intelligence that combines Japanese endoscopic specialists' expertise to enhance global endoscopic medical care.

Rehab

Venture Round in 2018
Rehab for Japan Co., Ltd. is a Tokyo-based company that specializes in providing Software-as-a-Service (SaaS) solutions for nursing care facilities. Established in 2016, the company focuses on developing a unique rehabilitation platform specifically designed for day service operations. Through its cloud support services, Rehab for Japan aims to enhance the efficiency and effectiveness of rehabilitation processes in nursing care establishments, addressing the growing demand for innovative healthcare solutions in the region.

Aldock

Seed Round in 2018
ALDOCK, Inc. is a Japan-based company founded in 2016 that specializes in the development of health management services utilizing micro RNA measurement technology. The company focuses on creating innovative risk tests for the early detection of cancer, employing machine learning to enhance the accuracy of its biomarker analyses. ALDOCK is also engaged in constructing a next-generation sequencing (NGS) analysis pipeline to further improve its testing capabilities. In addition to its testing services, the company offers a secure API and SDK for integration with other applications, allowing users to access and verify their inspection results conveniently. By providing a user-friendly screening mechanism, ALDOCK aims to facilitate better cancer treatment outcomes for patients.

Axel Mark

Venture Round in 2018
Founded in Tokyo, Japan in 1994, Axel Mark specializes in game planning and development for consoles, along with advertising services.

Linc'well

Pre Seed Round in 2018
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

Payme

Series A in 2018
Payme, Inc. is a software company based in Tokyo, Japan, founded in 2017. It specializes in developing a mobile application that provides payroll prepayment services, allowing users to access their earned wages in cash through their smartphones. The company focuses on creating digital platforms to streamline mobile payments and salary advance services, aiming to enhance financial accessibility for users.

TownWiFi

Venture Round in 2018
TownWiFi Inc. is a Japanese technology company founded in 2015 and headquartered in Tokyo, with additional offices in Taiwan, Hong Kong, and Macau. It specializes in developing mobile software that automates WiFi connectivity for users. The TownWiFi app enables users to seamlessly connect to nearby WiFi networks without the need for manual registration or authentication, streamlining the process of accessing the internet in various locations around the world. Through its innovative solution, TownWiFi enhances user convenience by eliminating the hassles typically associated with connecting to public WiFi networks.

EmbodyMe

Venture Round in 2018
Founded in Tokyo in 2016, EmbodyMe specializes in developing innovative mobile applications that leverage deep learning and virtual reality technologies. Its flagship products include Xpression, which generates realistic fake videos using deep facial expressions of celebrities, and EmbodyMe, a platform creating 3D model avatars that mimic users' movements in VR space based on hand gestures.

iCare

Venture Round in 2018
iCare Co., Ltd., established in 2011 and headquartered in Tokyo, Japan, specializes in health management solutions. It operates a cloud-based platform that consolidates and securely stores employee health information, including check-up results, stress levels, work hours, and consultation records. iCare's platform is designed to alleviate administrative burdens from businesses, enabling them to better manage employee health and well-being. The company is recognized as the leading health and labor cloud solution provider in Japan, catering to both small and medium-sized enterprises and large corporations expanding globally.

Meleap

Series A in 2017
Meleap is a Japanese company founded in 2014 that specializes in developing innovative gaming experiences. It offers an augmented reality (AR) sport called HADO, which combines physical activity with technology. Players wear head-mounted displays and armband sensors to compete in teams, using 'energy balls' or 'shields' to earn points.

Pixie Dust Technologies

Series A in 2017
Pixie Dust Technologies develops computational technologies focused on ultrasonic phased array systems and digital fabrication. Its offerings include an ultrasonic phased array system capable of generating forces in mid-air, moving objects without contact, and delivering differentiated sounds to individuals in crowds, with implications for guiding dogs and agricultural applications. The company also provides a platform that integrates ultrasonic phased array technology with sound-absorbing materials and spatial analysis tools to enhance accessibility, efficiency, and user experience across industries such as healthcare, architecture, and digital transformation. Based in Tokyo, Japan, the company was founded in 2015.

Olly Smart Credit Card

Seed Round in 2017
Olly is a digital credit card for India's working masses and young people. Today, Olly has come full-circle in Egypt extending the product offering to the youth market here and its been well received by the Egyptian student audience.

Saleshub

Venture Round in 2017
Founded in Tokyo in 2014, Saleshub operates an online platform facilitating connections between individuals seeking side jobs, businesses looking for customers, and customers aiming to make referrals. The platform enables users to earn rewards by introducing acquaintances to relevant business opportunities.

Co-LABO MAKER

Seed Round in 2017
Co-LABO MAKER is a Japanese company that operates a sharing platform for laboratory equipment and related technologies. Founded in 2017 and based in Sendai, it enables researchers and laboratories to access underutilized tools at lower cost by matching equipment owners with users. The company supports experiments, prototyping, and the creation of samples, providing end-to-end assistance from planning and fundraising to implementation of research and development projects that utilize its technology. Through its platform, it aims to streamline access to resources and maximize utilization of laboratory assets, helping researchers advance projects without significant upfront investment.

Payme

Seed Round in 2017
Payme, Inc. is a software company based in Tokyo, Japan, founded in 2017. It specializes in developing a mobile application that provides payroll prepayment services, allowing users to access their earned wages in cash through their smartphones. The company focuses on creating digital platforms to streamline mobile payments and salary advance services, aiming to enhance financial accessibility for users.

TYFFON

Convertible Note in 2017
TYFFON is a Tokyo-based developer of immersive mixed reality, virtual reality, and augmented reality entertainment content. The company creates mobile apps such as ZombieBooth and related image transformation tools, and has expanded to immersive experiences that blend 3D animation with social interaction. TYFFON operates Free Roam location-based virtual reality venues under the TYFFONIUM brand, offering guests multi-sensory, hyper-real environments that can be explored freely. Founded in 2011, TYFFON has pursued strategic partnerships and international expansion, including participation in Disney’s accelerator program in 2014 and a collaboration with Disney, as well as opening TYFFONIUM stores in Japan with plans for overseas locations. The company focuses on delivering magical reality experiences across its mobile apps and location-based venues by combining VR and AR technologies with imaginative content.

Wantedly

Funding Round in 2017
Wantedly is a Tokyo-based startup that operates a social recruiting platform designed to connect job seekers with companies based on shared passions and values rather than solely on financial incentives. By leveraging social graphs, Wantedly enables users to discover interesting job opportunities that align with their personal and professional interests. The platform facilitates meaningful interactions between individuals and organizations, fostering a unique environment where work is approached as an exciting and fulfilling endeavor. Through its innovative service, Wantedly aims to transform the traditional job search experience into one that prioritizes personal connection and professional satisfaction.

Schoo

Venture Round in 2017
Founded in Tokyo, Japan in 2011, Schoo offers an online video learning platform, Schoo Web Campus. It provides free live lessons and radio-type lessons, aiming to enhance learning experiences through sound. The company also explores integrating its learning videos into university education and providing free information to newspaper owners and freelancers.

qdopp

Venture Round in 2017
qdopp operates an online media platform focused on anime, manga, and video games. It offers otaku-related information, covers global events through a diverse writer network, and enables publishing companies to post original novels.

Ispace Technologies

Seed Round in 2016
Ispace Technologies is a Tokyo-based company specializing in space resource exploration, particularly focused on developing micro-robotic technology to facilitate the identification, extraction, and transportation of lunar resources, such as ice, essential for sustaining human life in space. Founded in 2013, Ispace is recognized for its innovative approach, utilizing 3D printing and commercially available products to create efficient and cost-effective solutions. The company is also involved in the Google Lunar XPRIZE Competition through its Team HAKUTO, which has gained recognition for its advancements in mobility and aims to land a privately funded robot on the Moon. Ispace’s micro-robots are designed to explore larger lunar areas quickly and economically, making significant strides towards establishing a sustainable presence in outer space.

TownWiFi

Seed Round in 2016
TownWiFi Inc. is a Japanese technology company founded in 2015 and headquartered in Tokyo, with additional offices in Taiwan, Hong Kong, and Macau. It specializes in developing mobile software that automates WiFi connectivity for users. The TownWiFi app enables users to seamlessly connect to nearby WiFi networks without the need for manual registration or authentication, streamlining the process of accessing the internet in various locations around the world. Through its innovative solution, TownWiFi enhances user convenience by eliminating the hassles typically associated with connecting to public WiFi networks.

Aquwa

Seed Round in 2016
Founded in Tokyo in 2014, Aquwa specializes in YouTube video production and consulting. They offer web marketing and internet video production services, focusing on data analysis to enhance video content and increase viewership.

TYFFON

Venture Round in 2016
TYFFON is a Tokyo-based developer of immersive mixed reality, virtual reality, and augmented reality entertainment content. The company creates mobile apps such as ZombieBooth and related image transformation tools, and has expanded to immersive experiences that blend 3D animation with social interaction. TYFFON operates Free Roam location-based virtual reality venues under the TYFFONIUM brand, offering guests multi-sensory, hyper-real environments that can be explored freely. Founded in 2011, TYFFON has pursued strategic partnerships and international expansion, including participation in Disney’s accelerator program in 2014 and a collaboration with Disney, as well as opening TYFFONIUM stores in Japan with plans for overseas locations. The company focuses on delivering magical reality experiences across its mobile apps and location-based venues by combining VR and AR technologies with imaginative content.

EmbodyMe

Venture Round in 2016
Founded in Tokyo in 2016, EmbodyMe specializes in developing innovative mobile applications that leverage deep learning and virtual reality technologies. Its flagship products include Xpression, which generates realistic fake videos using deep facial expressions of celebrities, and EmbodyMe, a platform creating 3D model avatars that mimic users' movements in VR space based on hand gestures.

WealthNavi

Venture Round in 2016
WealthNavi Inc., established in 2015 and based in Tokyo, Japan, specializes in developing and delivering a cloud-based online platform for asset management and risk management. This platform offers robo-advisory services, enabling users to discover diversified investment opportunities globally. The company's core offering is a risk management algorithm-driven platform designed to assist asset managers in their decision-making processes.

VISITS Technologies

Venture Round in 2016
VISITS Technologies Inc. is an internet-based company based in Tokyo, Japan, established in 2014. The company specializes in designing and developing a career formation platform that connects students and alumni. VISITS Technologies has developed a patented consensus-building algorithm known as ideagram, which uniquely quantifies creativity, discerning ability, and the inherent value of ideas. This innovative technology allows for the measurement of intangible assets such as skills, senses, and personal connections. By integrating blockchain technology, VISITS Technologies facilitates the transfer of value, enhancing the capabilities of its platform and providing users with a comprehensive tool for career development and networking.

EmbodyMe

Debt Financing in 2016
Founded in Tokyo in 2016, EmbodyMe specializes in developing innovative mobile applications that leverage deep learning and virtual reality technologies. Its flagship products include Xpression, which generates realistic fake videos using deep facial expressions of celebrities, and EmbodyMe, a platform creating 3D model avatars that mimic users' movements in VR space based on hand gestures.

SQUEEZE

Series A in 2016
SQUEEZE Inc. is a technology company based in Tokyo, Japan, that specializes in providing innovative solutions for the lodging business. Founded in 2014, SQUEEZE develops a range of software products aimed at enhancing the management of vacation rentals, hotels, and ryokans. Its offerings include Mister Suite, a comprehensive management system; SuiteBook, which facilitates operations for vacation and short-term rental properties; and Mister Suite Lab, a demand analysis tool that leverages market data for improved decision-making. Additionally, SQUEEZE provides the igloohome smart keybox, a Bluetooth-enabled device designed for secure key exchanges in various settings, and Minn, a hospitality technology platform that enhances guest accommodation experiences. The company focuses on streamlining operations for the hospitality industry, allowing operators to efficiently manage guest information and service requests while optimizing revenue.

Mansion Market

Venture Round in 2016
Mansion Market operates an online real estate platform facilitating the buying and selling of properties. Its application offers efficient management of online securities, reducing transaction fees and enabling clients to leverage the internet for cost savings.

iCare

Seed Round in 2016
iCare Co., Ltd., established in 2011 and headquartered in Tokyo, Japan, specializes in health management solutions. It operates a cloud-based platform that consolidates and securely stores employee health information, including check-up results, stress levels, work hours, and consultation records. iCare's platform is designed to alleviate administrative burdens from businesses, enabling them to better manage employee health and well-being. The company is recognized as the leading health and labor cloud solution provider in Japan, catering to both small and medium-sized enterprises and large corporations expanding globally.

vinclu

Seed Round in 2016
Vinclu designs, develops, and manufactures smartphone accessories. The company is based in Tokyo, Japan.

Car-nol

Venture Round in 2016
Carnol Inc. is a Tokyo-based company established in 2013 that specializes in management consulting services related to the automotive sector. The firm focuses on the planning, development, and management of internet business strategies for automobiles, encompassing marketing, promotion, and content production. Additionally, Carnol operates a custom automobile information platform designed to assist customers in selecting vehicles. This platform provides tailored photos and parts information, enabling users to test drive cars and make informed purchasing decisions.

Go Game Japan

Venture Round in 2015
Go Game Japan is a mobile game publisher established in 2015, with its headquarters in Singapore and additional offices in the Philippines, Thailand, and Indonesia. As a subsidiary of SEGA, the company focuses on developing and publishing engaging mobile games for a diverse audience. Its presence in various Southeast Asian markets allows it to cater to a broad range of players, leveraging regional insights to enhance user experiences and drive growth in the competitive mobile gaming industry.

Bizer

Venture Round in 2015
Bizer, headquartered in Tokyo, Japan, specializes in streamlining back-office operations for small businesses. It offers a cloud-based platform that automates the generation of necessary documents and forms for tax and legal advisory services, facilitating smoother interactions with government agencies.

Coincheck

Venture Round in 2015
Founded in Tokyo, Japan in 2012, Coincheck operates a cryptocurrency exchange platform. It facilitates trading of various cryptocurrencies like Bitcoin and Ethereum, offers payment services, and develops trading software.

WealthNavi

Seed Round in 2015
WealthNavi Inc., established in 2015 and based in Tokyo, Japan, specializes in developing and delivering a cloud-based online platform for asset management and risk management. This platform offers robo-advisory services, enabling users to discover diversified investment opportunities globally. The company's core offering is a risk management algorithm-driven platform designed to assist asset managers in their decision-making processes.

GameWith

Series B in 2015
Founded in 2013, GameWith is a Japanese company specializing in online game information communities. It offers strategy guides and tips for smartphone games, catering to the rapidly expanding mobile gaming market.

Pixie Dust Technologies

Seed Round in 2015
Pixie Dust Technologies develops computational technologies focused on ultrasonic phased array systems and digital fabrication. Its offerings include an ultrasonic phased array system capable of generating forces in mid-air, moving objects without contact, and delivering differentiated sounds to individuals in crowds, with implications for guiding dogs and agricultural applications. The company also provides a platform that integrates ultrasonic phased array technology with sound-absorbing materials and spatial analysis tools to enhance accessibility, efficiency, and user experience across industries such as healthcare, architecture, and digital transformation. Based in Tokyo, Japan, the company was founded in 2015.

Sprocket

Seed Round in 2015
Founded in Tokyo, Japan in 2014, Sprocket develops a web-based customer development platform. It offers a tool for optimizing digital communication across user touchpoints, integrating real-time personalization, multi-channel messaging, behavioral data analysis, and AI-driven insights.

Open8

Seed Round in 2015
Open8 Inc is a Tokyo-based content technology company founded on April 10, 2015. It specializes in providing marketing services through smart devices and offers a suite of solutions including software as a service (SaaS), application programming interfaces (API), and machine learning as a service (MLaaS). Open8 has developed a video editing cloud platform designed to simplify the creation of video content for businesses, allowing users to produce promotional videos without the need for specialized knowledge. By leveraging artificial intelligence, the platform enables the efficient generation and distribution of various video materials across multiple platforms, helping businesses reduce costs and enhance their marketing efforts.

Toyokumo

Venture Round in 2015
Toyokumo, Inc. is a Tokyo-based company that specializes in the development and provision of cloud services tailored for businesses. Founded in 2010, Toyokumo offers a range of services designed to enhance operational efficiency and streamline workflows. Its product lineup includes Safety Confirmation Service 2, an automatic safety confirmation system; Form Bridge, which allows users to create web-based forms; Print Creator, which prints forms using data from the kintone application; kViewer, a service for publishing linked content; kMailer, an email dispatch system compatible with kintone; Data Collect, a collaboration tool for kintone users; kBackup, a data preservation service; and Timestamp, which facilitates the saving of electronic documents. Toyokumo's solutions aim to simplify processes and improve productivity for its clients.

ClipLine

Seed Round in 2015
ClipLine provides a video-based service for businesses with multiple locations, facilitating management across diverse industries such as retail, nursing care, transportation, and factories. Launched in 2014, ClipLine serves approximately 15,000 stores and 420,000 users, promoting digital transformation and enhancing organizational execution.

Schoo

Seed Round in 2015
Founded in Tokyo, Japan in 2011, Schoo offers an online video learning platform, Schoo Web Campus. It provides free live lessons and radio-type lessons, aiming to enhance learning experiences through sound. The company also explores integrating its learning videos into university education and providing free information to newspaper owners and freelancers.

Mikawaya21

Venture Round in 2015
Mikawaya21, established in 2012 and headquartered in Tokyo, specializes in elderly care services and IoT devices. The company aims to create a society where seniors can live with peace of mind, particularly in Japan's aging and declining birthrate context. Mikawaya21 offers a range of services, including the MAGO button, an IoT device for the elderly, and a drone-based food delivery system for remote areas. Their core service, "Magokoro Support," addresses minor daily challenges faced by seniors, with local providers resolving over 10,000 requests monthly. Mikawaya21 also provides IoT products and services, such as an easy-to-use IoT watch for seniors.

Fabric Tokyo

Seed Round in 2014
FABRIC TOKYO Inc. is a Tokyo-based company that specializes in custom-made fashion, focusing on direct-to-consumer apparel. Founded in 2012, the company was previously known as Lifestyle Design Co., Ltd. and rebranded in March 2019. FABRIC TOKYO offers a range of products, including two-piece and three-piece suits, jackets, slacks, shirts, chinos, jeans, and various accessories. Its innovative platform allows customers to save their measurements, preferred fabrics, and design ideas, facilitating the creation of personalized clothing. The company aims to provide high-quality, made-to-measure men's fashion, ensuring that customers receive tailored garments delivered directly to their homes.

Mansion Market

Venture Round in 2014
Mansion Market operates an online real estate platform facilitating the buying and selling of properties. Its application offers efficient management of online securities, reducing transaction fees and enabling clients to leverage the internet for cost savings.

QLL

Venture Round in 2014
QLL (Quick Language Learning) Pte. Ltd. is a company specialized in developing language learning apps, they are based in Taiwan and registered in Singapore. 2007, they launched a break-through Chinese learning gadget, “Pocket Chinese Tutor”, it is an Mp4 player with Chinese speech assessment function, it can help learner correct their accent of speaking Chinese.

Inzen Studio

Series A in 2014
Inzen Studio is a Singapore-based game development studio founded in 2012 that creates mobile entertainment experiences for iOS devices. It develops animated gaming applications and a suite of mobile games centered on manga-inspired characters, offering a story-driven experience and personalized entertainment for players worldwide. The team spans Singapore, Uruguay, and China, reflecting an international approach to immersive gameplay and stylized visuals drawn from Asian manga and anime influences. The company focuses on accessible, shareable mobile games that blend narrative content with interactive play, aiming to provide engaging entertainment through character-led experiences.

Caster Biz

Seed Round in 2014
Caster, Inc. is a Tokyo-based company that specializes in providing virtual assistant services. Founded in 2014, it offers a wide range of support, including research and analytical tasks, recruitment assistance, customer service, appointment management, and mail handling. The company also provides accounting and human resource services, aiming to simplify daily business operations for its clients. Caster's assistants are equipped with proficiency in essential software tools such as Word, Excel, and PowerPoint, allowing them to effectively manage various administrative tasks. By leveraging online communication channels, Caster facilitates easy access to its services, enhancing productivity and efficiency for businesses looking to streamline their operations.

SQUEEZE

Seed Round in 2014
SQUEEZE Inc. is a technology company based in Tokyo, Japan, that specializes in providing innovative solutions for the lodging business. Founded in 2014, SQUEEZE develops a range of software products aimed at enhancing the management of vacation rentals, hotels, and ryokans. Its offerings include Mister Suite, a comprehensive management system; SuiteBook, which facilitates operations for vacation and short-term rental properties; and Mister Suite Lab, a demand analysis tool that leverages market data for improved decision-making. Additionally, SQUEEZE provides the igloohome smart keybox, a Bluetooth-enabled device designed for secure key exchanges in various settings, and Minn, a hospitality technology platform that enhances guest accommodation experiences. The company focuses on streamlining operations for the hospitality industry, allowing operators to efficiently manage guest information and service requests while optimizing revenue.

Misoca

Seed Round in 2014
Misoca Inc. is a Japan-based company that specializes in designing and developing a cloud-based invoice management platform. Founded in 2011 and originally known as StandFirm Inc., Misoca focuses on optimizing transactions between businesses by providing comprehensive invoice management services. The platform allows users to create, edit, and manage invoices, quotations, and receipts efficiently, enabling businesses to streamline their invoicing processes and save time.

Ietty

Series A in 2014
Ietty Inc. is a Japan-based real estate portal that connects home seekers with property agents. The Ietty platform differentiates itself by utilizing information from users' Facebook profiles, allowing agents to suggest properties based on pre-selected criteria, which streamlines the search process. Unlike traditional estate agents, who require users to repeatedly input their preferences, Ietty’s approach enhances user experience and efficiency. Additionally, the platform incentivizes property visits by rewarding users with JPY1,000 for each visit they make to a property, further encouraging engagement between agents and potential buyers.

Wovn Technologies

Seed Round in 2014
Wovn Technologies, Inc. is a Japanese company that specializes in website localization software solutions. Founded in 2014 and based in Minato, Japan, the company provides services to help clients translate their websites into multiple languages, addressing both localization and translation needs. Wovn Technologies assesses client websites and implements tailored translation services, ensuring that the localization process is straightforward and accessible for various users, from website developers to bloggers. In addition to its core services, the company offers ongoing customer support, follow-ups, and expert advice to enhance the user experience and effectiveness of its solutions. Originally named Minimal Technologies, Inc., the company rebranded to Wovn Technologies, Inc. in April 2018.

Double Standard

Seed Round in 2014
Founded in Tokyo, Japan in 2012, Double Standard is a business support company specializing in big data solutions for enterprises. It offers services including big data provision utilizing various information sources and service planning development using technology cultivated in its data generation process.

BitFlyer

Seed Round in 2014
BitFlyer, Inc. is a virtual currency exchange and blockchain development service provider based in Minato-ku, Japan. Established in 2014, it specializes in facilitating transactions in various digital currencies, including Bitcoin, Ethereum, and Litecoin, among others. BitFlyer offers a comprehensive platform that enables customers to buy, sell, and spend cryptocurrencies securely. It features multiple markets, including a Bitcoin marketplace and altcoin exchanges, along with advanced services such as an application programming interface for custom account management. Additionally, BitFlyer provides e-commerce payment solutions that allow businesses to accept Bitcoin, enhancing the overall trading experience. The company also operates fundFlyer, a crowdfunding platform designed to support projects through Bitcoin funding.

byus

Seed Round in 2014
byus & Co., Ltd is a Japan-based company that offers a specialized platform for customized news services. The platform integrates various facts and opinions, providing users with a comprehensive overview of current events and topics of interest. Additionally, byus operates a question-and-answer site that allows users to access tailored news descriptions, enhancing their ability to stay informed about relevant issues. Through its innovative approach, byus aims to simplify information retrieval and improve user engagement with news content.
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