Spiral Capital

Spiral Capital LLP is a venture capital firm based in Tokyo, Japan, focused on investing in startups across various stages, including seed, early, mid, and late-stage ventures. Established in 2015, the firm specializes in sectors such as healthcare, industrials, transportation, air freight, logistics, and emerging technologies like artificial intelligence, the Internet of Things, and blockchain. Spiral Capital primarily targets investment opportunities in East Asia and Japan. The firm was previously known as Spiral Ventures Japan LLP and has evolved to adapt its strategies, aligning its investments with the dynamic landscape of technology and innovation in the region.

Takashi Chiba

Principal

Ryusuke Hirota

Partner

Tomokazu Okuno

Representative Partner

Shota Takamoto

Associate

Miho Tateishi

Associate

Past deals in Vietnam

VeXeRe.Com

Venture Round in 2018
Founded in 2013, VeXeRe.com is the largest online bus ticket platform in Vietnam. They help passengers book bus tickets conveniently thanks to their 1,000+ bus companies network and coverage for trips within Vietnam and from Vietnam to neighbor countries. Their payment channels include online payment, payment at 24/7 convenience stores, bank transfers, and other channels that provide customers with convenient booking experience.

SwipeRx

Series A in 2017
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.

SwipeRx

Seed Round in 2014
mClinica develops mobile platforms that strengthen the pharmaceutical supply chain, generate data, improve patient adherence to medication, and build the capacity of the pharmacy workforce. Since 2017, mClinica has connected 150,000 pharmacy professionals and 40,000 pharmacies through a single digital channel. Their users reach approximately 150 million patients each month. mClinica currently operates across Indonesia, Philippines, Vietnam, Cambodia, Thailand, Malaysia, and Singapore with capacity for expansion. Their team is composed of over 120 team members including experts in public health, data science, and pharmacy. mClinica is supported by impact investors like the Global Innovation Fund (backed by USAID, UKAID, DFAT, Swedish Government, and the Omidyar Network) and Patamar Capital (formerly Unitus Impact) as well as other investors from the US, Europe, and Asia. mClinica implements projects both digitally and on the ground to connect the world’s pharmacies and transform global health. mClinica follows a social enterprise business model in which they seek double-bottom line returns – maximizing both financial returns and social impact. mClinica’s rapid growth and success is increasingly recognized. mClinica was the recipient of the Data Driven Apps Award of the World Government Summit in 2019, USAID-FHI360 Data for Resilience Award, Pierre Fabre Foundation Prize for eHealth Innovation, and Hack Osaka. The company has consistently been recognized as one of the most innovative startups in healthcare in Asia Pacific.