Incubate Fund

Incubate Fund is a venture capital firm established in 2010 and headquartered in Tokyo, Japan, with an additional office in Singapore. The firm specializes in seed, startup, and early-stage investments across various sectors, including media, entertainment, gaming, online commerce, logistics, medical, financial, real estate, and housing. It primarily targets mobile, social, and web services with the potential for global expansion, focusing its investments in North America, Japan, and Asia. Incubate Fund India, a subsidiary founded in 2016 and based in Bengaluru, India, concentrates on pre-seed and seed-stage startups, co-managing investments with its parent firm. The typical investment range for the firm is between $200,000 and $3 million, providing capital and support to emerging technology entrepreneurs.

Tohru Akaura

Co-Founder & General Partner

Yuuki Aono

Associate

Masahiko Honma

Co-Founder & Partner

Ryota Kamiya

Associate

Dave Kwong

Principal

Paul McInerney

General Partner

Masaya Minamide

Associate

Yusuke Murata

Co-Founder & General Partner

Kyosuke Seto

Associate

Niki Takahiro

Associate

Shizuki Tanaka

Associate

Keisuke Wada

General Partner

Shuhei Yoshida

Controller

Past deals in Japan

UUUO

Series A in 2020
UUUO, Inc. is involved in the planning, development, and operation of a fish market in Japan. Founded in July 2016 and headquartered in Hiroshima, the company focuses on connecting fisheries and wholesale companies through its innovative platform. UUUO facilitates the shipment of fresh fish from its dedicated shipping base, referred to as UUUO Base, directly to various consumption markets. This approach aims to enhance the efficiency of fish distribution and ensure the availability of high-quality seafood to its clients.

Paytner

Seed Round in 2020
Paytner is a Tokyo-based company that develops and operates a platform designed to support freelancers and small to medium-sized enterprises (SMEs) in securing financing. Founded in 2019, the company addresses the challenges faced by the growing freelance population in Japan, including issues related to funding and workplace harassment. Paytner's platform enables clients to receive rewards on the same day they register invoice information sent to their business partners, streamlining the payment process. By focusing on improving the working environment for freelancers and SMEs, Paytner aims to alleviate various obstacles that hinder their financial and professional growth.

Paytner

Venture Round in 2019
Paytner is a Tokyo-based company that develops and operates a platform designed to support freelancers and small to medium-sized enterprises (SMEs) in securing financing. Founded in 2019, the company addresses the challenges faced by the growing freelance population in Japan, including issues related to funding and workplace harassment. Paytner's platform enables clients to receive rewards on the same day they register invoice information sent to their business partners, streamlining the payment process. By focusing on improving the working environment for freelancers and SMEs, Paytner aims to alleviate various obstacles that hinder their financial and professional growth.

AVA Intelligence

Seed Round in 2019
AVA Intelligence Inc. designs and develops an artificial intelligence based software solution that proposes travel destination based on user's personality. The company was founded in 2018 and is based in Tokyo, Japan with an additional office in Shibuya, Japan.

INNOVIA Japan

Venture Round in 2019
Innovia Corporation develops a cloud-based human resource development support system. The company is based in Tokyo, Japan.

iCARE

Venture Round in 2019
iCARE Co., Ltd. is a Tokyo-based company established in 2011 that specializes in health management systems. It operates a cloud-based platform designed to manage and store health information for employees. iCARE is recognized as the leading health and labor cloud service in Japan, catering to the needs of both small and medium-sized enterprises experiencing workforce challenges, as well as large corporations seeking to expand globally. The company's focus on health consulting and the development of effective health management solutions positions it as a key player in the evolving landscape of employee health services.

Future Standard

Series C in 2019
Future Standard Co., Ltd. is a Tokyo-based company that specializes in image processing and analytics, particularly for advertising purposes. Founded in March 2014, the firm operates a comprehensive platform that offers a range of services from image capture to data acquisition. By focusing on research and development, Future Standard aims to enhance the effectiveness of visual content in advertising through advanced image analytics solutions.

Enowa Japan

Venture Round in 2019
Enowa Japan, established in 2013 and based in Namerikawa, Toyama, specializes in IoT and AI technology for agricultural consulting. The company focuses on smart agriculture solutions, including the development of agricultural IoT systems and e-commerce services for agricultural products. Enowa has developed a paddy field technology that automates water management for rice farmers, allowing for remote control of water levels and enabling efficient irrigation management. This innovation helps farmers significantly reduce water management costs while contributing to sustainable farming practices.

Hosty Inc.

Venture Round in 2019
Hosty Inc. owns, operates, and manages a chain of unmanned hotel under the brand name Mizuka. The company was founded in 2015 and is based in Fukuoka, Japan.

PoliPoli

Venture Round in 2019
PoliPoli is a next-generation politics co-creation platform where you can participate like a game. Politicians from all over Japan post their policies in an easy-to-understand manner, and those who sympathize can enjoy working on the "missions" necessary to realize the policies.

Joyz Inc.

Series B in 2018
Joyz Inc. develops an application that helps English learners to correct their pronunciation and grammar. The company is based in Tokyo, Japan.

PoliPoli

Venture Round in 2018
PoliPoli is a next-generation politics co-creation platform where you can participate like a game. Politicians from all over Japan post their policies in an easy-to-understand manner, and those who sympathize can enjoy working on the "missions" necessary to realize the policies.

Axel Mark

Venture Round in 2018
Axel Mark Inc. engages in the planning and development of games in Japan. It develops console games and related content; and provides advertising services. The company was incorporated in 1994 and is based in Tokyo, Japan.

Panair

Series D in 2018
Panair is the pioneer company in Japan using just cloud technology to build a core system for energy.

UUUO

Venture Round in 2018
UUUO, Inc. is involved in the planning, development, and operation of a fish market in Japan. Founded in July 2016 and headquartered in Hiroshima, the company focuses on connecting fisheries and wholesale companies through its innovative platform. UUUO facilitates the shipment of fresh fish from its dedicated shipping base, referred to as UUUO Base, directly to various consumption markets. This approach aims to enhance the efficiency of fish distribution and ensure the availability of high-quality seafood to its clients.

iCARE

Venture Round in 2018
iCARE Co., Ltd. is a Tokyo-based company established in 2011 that specializes in health management systems. It operates a cloud-based platform designed to manage and store health information for employees. iCARE is recognized as the leading health and labor cloud service in Japan, catering to the needs of both small and medium-sized enterprises experiencing workforce challenges, as well as large corporations seeking to expand globally. The company's focus on health consulting and the development of effective health management solutions positions it as a key player in the evolving landscape of employee health services.

Joyz Inc.

Series A in 2017
Joyz Inc. develops an application that helps English learners to correct their pronunciation and grammar. The company is based in Tokyo, Japan.

Panair

Series C in 2017
Panair is the pioneer company in Japan using just cloud technology to build a core system for energy.

Panair

Series B in 2017
Panair is the pioneer company in Japan using just cloud technology to build a core system for energy.

INNOVIA Japan

Venture Round in 2016
Innovia Corporation develops a cloud-based human resource development support system. The company is based in Tokyo, Japan.

Panair

Series A in 2016
Panair is the pioneer company in Japan using just cloud technology to build a core system for energy.

iCARE

Seed Round in 2016
iCARE Co., Ltd. is a Tokyo-based company established in 2011 that specializes in health management systems. It operates a cloud-based platform designed to manage and store health information for employees. iCARE is recognized as the leading health and labor cloud service in Japan, catering to the needs of both small and medium-sized enterprises experiencing workforce challenges, as well as large corporations seeking to expand globally. The company's focus on health consulting and the development of effective health management solutions positions it as a key player in the evolving landscape of employee health services.

TerraTalk

Seed Round in 2016
TerraTalk is a Japanese startup aimed at helping English learners correct their pronunciation and grammar.

Future Standard

Venture Round in 2016
Future Standard Co., Ltd. is a Tokyo-based company that specializes in image processing and analytics, particularly for advertising purposes. Founded in March 2014, the firm operates a comprehensive platform that offers a range of services from image capture to data acquisition. By focusing on research and development, Future Standard aims to enhance the effectiveness of visual content in advertising through advanced image analytics solutions.

vinclu Inc.

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

Bizer

Venture Round in 2015
Bizer is a Tokyo-based company that specializes in providing cloud-based back-office services tailored for small and medium enterprises. Its online platform supports the establishment of essential operational functions, offering tax and legal advisory services. Through its services, Bizer enables businesses to automatically generate necessary documents and forms for government applications, streamlining administrative processes and enhancing efficiency.

Joyz Inc.

Seed Round in 2015
Joyz Inc. develops an application that helps English learners to correct their pronunciation and grammar. The company is based in Tokyo, Japan.

GameWith

Series B in 2015
gamewith.jp is hints & tips community for smartphone games in japan.

Mikawaya21

Venture Round in 2015
Mikawaya21 Co., Ltd., established on August 10, 2012, in Tokyo, Japan, specializes in developing IoT devices aimed at enhancing the lives of elderly individuals. The company offers a range of services, including the MAGO button, which provides essential support for seniors. Additionally, Mikawaya21 delivers food parcels to elderly households in rural areas using drones, ensuring that those in sparsely populated regions receive necessary supplies. The company is committed to creating a society where seniors can live with peace of mind, offering affordable services such as house cleaning, general home assistance, and furniture moving to further support the elderly population.

FABRIC TOKYO

Seed Round in 2014
FABRIC TOKYO is a Japanese startup provides a direct-to-consumer custom-made apparel brand. (former-company name Lifestyle Design Co., Ltd.). It enables customers to save their sizes, idea fabrics, and favorite designs, allowing them to make their original clothing later. FABRIC TOKYO was founded in 2012 by Yuichiro Mori and is based in Tokyo, Japan.

Kids Color

Seed Round in 2014
Kids Color provides baby sitting website services. It began operation on December 27, 2010, with its headquarters in Tokyo in Japan.

Wanderlust

Venture Round in 2014
Wanderlust is a Japanese startup company which mission is "Generate more "Wanderlust" around the world, by making more connections between the boarders." They are developing the online social travel guide, "Compathy", where local people can recommend what they like and travelers can find them. They suggested Japanize! to organize this event to make places people who have different backgrounds can exchange what they recommends for foreign people offline and figure out how people want to communicate about their home countries.

GameWith

Series A in 2014
gamewith.jp is hints & tips community for smartphone games in japan.

SummerTimeStudio

Seed Round in 2014
SummerTimeStudio Co.,Ltd. is engage in tablet, smartphone, game development and operation of next-generation AR hard. The company was founded in June, 2011 and is based in Okinawa, Japan.

Fukurou Labo

Pre Seed Round in 2014
Fukurou Labo is a Tokyo-based marketing solutions for smartphone apps company. Fukuro Labo offers the official version with a twist in distribution tactics since they learned there are very few deep link-enabled apps in Japan.

Kompeito

Seed Round in 2014
Kompeito operates an online platform based in Tokyo, Japan, that focuses on delivering fresh vegetables and healthy meals to office workers. The platform allows users to conveniently order a variety of vegetables and on-demand healthy prepared meals from convenience stores and restaurants, promoting better health management among employees. By facilitating the delivery of nutritious food options, Kompeito aims to support a healthier lifestyle for individuals in corporate environments.

Timers

Venture Round in 2013
Timers Inc., based in Tokyo, Japan, develops a variety of mobile applications aimed at enhancing social connections. The company operates 'Pairy', a social networking service designed specifically for couples, facilitating communication and relationship management. Additionally, Timers offers applications focused on matchmaking for singles, broadening its appeal in the dating landscape. Another aspect of their portfolio includes a family-oriented application that allows users to create and share photos and albums, particularly for child-rearing families. This platform enables families to compile monthly calendars and share memories with friends and relatives, fostering deeper familial connections.

Beyond

Venture Round in 2013
Beyond, Inc. is a company based in Tokyo, Japan, that specializes in the development of websites and web applications, alongside providing IT consultation services. Established in 2008, Beyond also offers support for smart speaker development and smartphone application services. The company's diverse portfolio positions it as a comprehensive solution provider in the technology sector.

GameWith

Seed Round in 2013
gamewith.jp is hints & tips community for smartphone games in japan.

Youtfit

Venture Round in 2013
Youtfit Inc. engages in the development and management of travel media platform for people who love traveling. The company also publishes and manages JAPAN STYLE, an e-fashion magazine application for smartphones that allows users to share and publish Japanese style fashion. It also engages in the development and operation of Internet services; and operates in virtual currency related businesses. The company was founded in 2011 and is based in Tokyo, Japan.

Wanderlust

Seed Round in 2013
Wanderlust is a Japanese startup company which mission is "Generate more "Wanderlust" around the world, by making more connections between the boarders." They are developing the online social travel guide, "Compathy", where local people can recommend what they like and travelers can find them. They suggested Japanize! to organize this event to make places people who have different backgrounds can exchange what they recommends for foreign people offline and figure out how people want to communicate about their home countries.

Japan Info

Seed Round in 2012
Japan Info provides genuine information about Japan. Japan Info make every effort to ensure that this site does not violate any rights, but if you would like to file a damage report etc.

STORYS.JP

Series A in 2012
STORYS.JP is a storytelling platform that partners with major publishers in Japan and Fuji Television to turn real life stories into books, television shows, and short stories.

Aiming

Series A in 2011
Aiming Inc. is a Japanese company founded in 2011 and headquartered in Tokyo, specializing in the production and development of online games for various platforms, including PCs, browsers, smartphones, and home consoles. With a dedicated team of over 200 members, Aiming focuses on creating browser-based and social games, leveraging over a decade of experience in the online gaming industry. The company has developed a diverse library of titles, including Browser Three Kingdoms, Sengoku IXA, and Hero Quest, and is recognized for its notable release of Blade Chronicle, a 3D-MMORPG. Aiming aims to capitalize on the rapid growth of mobile technology and the increasing demand for accessible gaming experiences, positioning itself for success in the global gaming market.

Aiming

Seed Round in 2011
Aiming Inc. is a Japanese company founded in 2011 and headquartered in Tokyo, specializing in the production and development of online games for various platforms, including PCs, browsers, smartphones, and home consoles. With a dedicated team of over 200 members, Aiming focuses on creating browser-based and social games, leveraging over a decade of experience in the online gaming industry. The company has developed a diverse library of titles, including Browser Three Kingdoms, Sengoku IXA, and Hero Quest, and is recognized for its notable release of Blade Chronicle, a 3D-MMORPG. Aiming aims to capitalize on the rapid growth of mobile technology and the increasing demand for accessible gaming experiences, positioning itself for success in the global gaming market.

KIHEITAI

Seed Round in 2010
Kiheitai is a global communication platform that develops mobile application. Taptrip, which is a service that provides users with chances to feel free to communicate with foreigners and enjoy cultural shock. Nowadays, users from over 200 countries worldwide are enjoying their virtual trip on Taptrip. It was founded in 2010 and is headquartered in Tokyo, Japan.