Salowin Inc., established in 2019 and headquartered in Tokyo, Japan, operates a unique business model within the beauty industry. The company provides a share salon concept for beauticians, offering private rooms equipped with well-maintained facilities. Salowin supports its tenants through services such as prepayment systems for sales and comprehensive support, enabling beauticians to focus on their craft while benefiting from shared resources and increased income potential.
Founded in Tokyo in 2013 by Hidetsugu Ito, OpenLogi designs a cloud-based platform offering affordable outsourced logistics solutions for small and medium-sized enterprises (SMEs) and freelancers. The platform optimizes warehouse control systems, leveraging unused assets and downtime to facilitate efficient logistics operations.
Cataya Bio
Series B in 2023
Cataya Bio (Shanghai) Co., Ltd. is a biotechnology company focused on developing synthetic biological products for various industries. Utilizing an advanced engineering biology platform, Cataya Bio engineers microbes and implements clean fermentation processes to produce high-purity products efficiently and sustainably. The company aims to facilitate the transition from petroleum-based materials to natural and sustainable raw materials, addressing critical global challenges such as environmental preservation, carbon emissions, and climate change. Through its innovative approach, Cataya Bio provides clients with effective solutions for sourcing raw materials that align with contemporary sustainability goals.
RedPine Medical
Series C in 2022
RedPine Medical, founded in 2015 and headquartered in Guangzhou, China, specializes in the manufacture of single-use medical endoscopes. The company focuses on providing advanced minimally invasive surgical devices for various applications, including urology, gynecology, ear, nose, and throat (ENT), pneumology, gastroenterology, and general surgeries. By emphasizing innovative solutions, RedPine aims to enhance detection, diagnosis, and treatment in medical settings, positioning itself as a global leader in the field of integrated minimally invasive surgical solutions.
Ruiyun Cold Chain
Seed Round in 2022
Ruiyun Cold Chain is a logistics service platform in China that specializes in cold chain transportation. Utilizing innovative domestic technology, the company offers comprehensive, digital, end-to-end cold chain integration services. Its proprietary platform, which includes Lengyunbao, a unique carrier-type online trading system, facilitates a seamless online experience for transactions, delivery, settlement, and tax collection. By fostering interaction and collaboration within a social cold chain network, Ruiyun Cold Chain effectively links industry resources with customer demand, helping businesses optimize operational efficiency and achieve significant reductions in logistics costs, typically between 10% and 15%.
Cataya Bio
Series A in 2022
Cataya Bio (Shanghai) Co., Ltd. is a biotechnology company focused on developing synthetic biological products for various industries. Utilizing an advanced engineering biology platform, Cataya Bio engineers microbes and implements clean fermentation processes to produce high-purity products efficiently and sustainably. The company aims to facilitate the transition from petroleum-based materials to natural and sustainable raw materials, addressing critical global challenges such as environmental preservation, carbon emissions, and climate change. Through its innovative approach, Cataya Bio provides clients with effective solutions for sourcing raw materials that align with contemporary sustainability goals.
Qixiangyun
Seed Round in 2022
Qixiangyun is a pioneering enterprise in China that specializes in developing an open platform for financial and taxation standard components. The company focuses on empowering independent software vendors (ISVs) by providing high-quality, standardized financial and taxation technology services tailored for terminal enterprises. Its platform features an intelligent financial and tax report accounting engine at its core, offering APIs and configurable functional modules that can seamlessly integrate with various enterprise software systems. This integration facilitates efficient digital transformation across business, finance, and taxation sectors. Additionally, Qixiangyun aims to streamline the national tax declaration process, enabling multi-enterprise and cross-regional one-click tax declaration and deduction, significantly enhancing the operational capabilities of enterprises in the digital age.
Jade Bird Display
Series A in 2022
Jade Bird Display (Shanghai) Limited is a manufacturer based in Shanghai, China, specializing in the development and production of micro-LED display chips and panels. Founded in 2015, the company focuses on research and development to create the smallest, brightest, and most efficient micro-display solutions. Its products are designed for various applications, including augmented reality (AR), virtual reality (VR), head-up displays (HUD), projectors, weapon sights, 3D printing, and microscopes. By providing ultra-compact micro-display panels, Jade Bird Display enables original equipment manufacturers to enhance user experience in AR and VR hardware, offering improved comfort, outdoor readability, and extended operating times between charges. The company also maintains an office in Hong Kong to support its operations.
Asobica
Venture Round in 2022
Asobica, Inc. is a Japanese company based in Shinagawa that focuses on the planning, development, and management of Internet-based businesses. The company aims to revitalize traditional industries through innovative technology and community engagement. Its flagship product, fever, serves as a platform for issuing community coins, fostering active participation within user communities. Asobica's software suite includes tools for customer relationship management, customer analysis, and community coin issuance, all designed to enhance user engagement and loyalty. By leveraging these technologies, Asobica seeks to support sustainable corporate growth and improve customer retention for its clients.
Inceptio Technology
Series B in 2022
Inceptio Technology is a developer of autonomous driving heavy-duty trucks based in Shanghai, China, with additional research and development centers in Silicon Valley. Founded in 2018, the company aims to transform line-haul logistics by offering a nationwide freight network that enhances safety, efficiency, and cost-effectiveness for logistic customers. Its autonomous trucks leverage advanced artificial intelligence, new energy technology, and logistics big data to deliver innovative and reliable transportation solutions. By focusing on the integration of these technologies, Inceptio Technology is positioned to provide significant improvements in the logistics sector.
UWinTech is a provider of comprehensive IT operations and maintenance solutions based in Shenzhen, China. Founded in 2015, the company offers a range of services including EasyCMDB for configuration management, Easydevops for DevOps practices, Easyobserve for monitoring, EasyMAbuilder for automation, and Easyautoops for operational efficiency. UWinTech's services are designed to help enterprises reduce efforts and maximize productivity by covering continuous delivery, continuous deployment, operation automation, and application monitoring.
oVice, Inc. is a Tokyo-based company that specializes in creating virtual spaces for remote communication through its innovative platform. Founded in 2020, oVice enables users to engage in voice-centric interactions as avatars, fostering a more lifelike online collaboration experience. The platform emphasizes customization, allowing users to alter layouts, create lockable rooms, and add static objects, making it suitable for various uses such as remote offices, event venues, and academic conferences. The company was established by Sae Hyung Jung, who aimed to enhance connectivity among teams during the COVID pandemic. By providing a solution that enables clear and natural voice communication, oVice facilitates seamless networking and collaboration regardless of geographical distances.
Ruiyun Cold Chain
Seed Round in 2021
Ruiyun Cold Chain is a logistics service platform in China that specializes in cold chain transportation. Utilizing innovative domestic technology, the company offers comprehensive, digital, end-to-end cold chain integration services. Its proprietary platform, which includes Lengyunbao, a unique carrier-type online trading system, facilitates a seamless online experience for transactions, delivery, settlement, and tax collection. By fostering interaction and collaboration within a social cold chain network, Ruiyun Cold Chain effectively links industry resources with customer demand, helping businesses optimize operational efficiency and achieve significant reductions in logistics costs, typically between 10% and 15%.
Inceptio Technology
Series B in 2021
Inceptio Technology is a developer of autonomous driving heavy-duty trucks based in Shanghai, China, with additional research and development centers in Silicon Valley. Founded in 2018, the company aims to transform line-haul logistics by offering a nationwide freight network that enhances safety, efficiency, and cost-effectiveness for logistic customers. Its autonomous trucks leverage advanced artificial intelligence, new energy technology, and logistics big data to deliver innovative and reliable transportation solutions. By focusing on the integration of these technologies, Inceptio Technology is positioned to provide significant improvements in the logistics sector.
Blueglass Yogurt
Series B in 2021
Blueglass Yogurt is a food and beverage brand based in China that specializes in a diverse range of yogurt-based products. The company offers an extensive selection, including signature fancy yogurt, fruit yogurt, yogurt salads, cakes, pastries, drinks, and ice cream. By owning and operating its stores, Blueglass Yogurt ensures that customers have access to freshly made yogurt, enhancing the overall consumer experience. The brand aims to cater to the growing demand for fresh and innovative yogurt products among domestic consumers.
Ruiyun Cold Chain
Angel Round in 2021
Ruiyun Cold Chain is a logistics service platform in China that specializes in cold chain transportation. Utilizing innovative domestic technology, the company offers comprehensive, digital, end-to-end cold chain integration services. Its proprietary platform, which includes Lengyunbao, a unique carrier-type online trading system, facilitates a seamless online experience for transactions, delivery, settlement, and tax collection. By fostering interaction and collaboration within a social cold chain network, Ruiyun Cold Chain effectively links industry resources with customer demand, helping businesses optimize operational efficiency and achieve significant reductions in logistics costs, typically between 10% and 15%.
Know Yourself
Series A in 2021
Know Yourself is a prominent psychology education platform based in China, dedicated to enhancing mental health and well-being among urban youth. With a substantial following of over 3 million on social media, the platform offers a variety of psychoeducational resources, including articles, lectures, and courses. It serves as the largest online community for psychological education in the country, promoting mental health awareness through self-help tools, a supportive community, and a range of psychology-related services. These services cover areas such as self-exploration, developmental psychology, and clinical psychology, aiming to provide valuable insights and support for individuals seeking to understand and improve their mental health.
B-One Ortho Corp. is a manufacturer of orthopedic healthcare solutions, specializing in artificial joints that facilitate joint replacement surgeries. Founded in 2015 and headquartered in Cedar Knolls, New Jersey, the company also maintains offices in Shanghai and Suzhou, China. Its notable products include the B-One total hip system, which features advanced coating technology and instrumentation, as well as the Juveno bone-conserving femoral prosthesis and primary acetabular systems. These innovations aim to enhance the effectiveness of hip and knee arthroplasty, ultimately helping patients regain their mobility and improve their quality of life.
Founded in 2016, Pony.ai develops artificial intelligence software for autonomous mobility deployment, focusing on manufacturing automated vehicles and offering public-facing Robotaxi services. The company operates fully driverless robotaxis through the PonyPilot mobile app in major Chinese cities.
Metcela is a clinical-stage biotechnology company based in Kawasaki, Japan, developing fibroblast-based therapies for heart disease. Its approach uses VCAM-1–positive cardiac fibroblasts derived from a patient’s own heart to repair damaged tissue and reestablish a supportive microenvironment, rather than replacing cells. The lead program, MTC001, aims to restore heart function by promoting natural healing in preclinical studies. Metcela was founded in 2016.
RedPine Medical
Series A in 2020
RedPine Medical, founded in 2015 and headquartered in Guangzhou, China, specializes in the manufacture of single-use medical endoscopes. The company focuses on providing advanced minimally invasive surgical devices for various applications, including urology, gynecology, ear, nose, and throat (ENT), pneumology, gastroenterology, and general surgeries. By emphasizing innovative solutions, RedPine aims to enhance detection, diagnosis, and treatment in medical settings, positioning itself as a global leader in the field of integrated minimally invasive surgical solutions.
HRBrain
Funding Round in 2020
HRBrain, Inc. is a Tokyo-based company founded in 2016 that specializes in providing cloud-based human resource evaluation services. It operates an online platform designed to streamline the management and assessment of employee goals, offering centralized management of human resource data, personal evaluations, and organizational structure analysis. The platform enables businesses to visualize and analyze accumulated evaluation data, facilitating effective personnel evaluation and management of interview logs and target sheets. By leveraging its technology, HRBrain assists companies and HR professionals in developing strategic management measures to enhance workforce performance.
Pony.ai
Venture Round in 2020
Founded in 2016, Pony.ai develops artificial intelligence software for autonomous mobility deployment, focusing on manufacturing automated vehicles and offering public-facing Robotaxi services. The company operates fully driverless robotaxis through the PonyPilot mobile app in major Chinese cities.
Div
Debt Financing in 2020
Div Inc. is a Tokyo-based company founded in 2012 that specializes in providing programming education through its TECH::CAMP initiative. It offers short-term intensive training courses designed to equip students with the skills needed to become proficient engineers. Div operates programming schools in both online and classroom formats, catering to a diverse range of learners. The company's primary objective is to transform inexperienced individuals into professional engineers capable of pursuing careers in technology, particularly in web design. Through its comprehensive curriculum, Div aims to facilitate the transition from novice to skilled practitioner in the software programming field.
InDeco China
Series C in 2020
InDeco China, founded in 2016 and headquartered in Beijing, is a commercial office decoration solution provider that modernizes the traditional decoration industry. The company offers comprehensive services, including space design, material selection, product sourcing, and construction process management, utilizing an integrated approach that leverages Internet-based thinking. InDeco aims to streamline the decoration process, enabling clients to efficiently transform their spaces while ensuring quality and consistency throughout each project.
B-One
Venture Round in 2020
B-One Ortho Corp. is a manufacturer of orthopedic healthcare solutions, specializing in artificial joints that facilitate joint replacement surgeries. Founded in 2015 and headquartered in Cedar Knolls, New Jersey, the company also maintains offices in Shanghai and Suzhou, China. Its notable products include the B-One total hip system, which features advanced coating technology and instrumentation, as well as the Juveno bone-conserving femoral prosthesis and primary acetabular systems. These innovations aim to enhance the effectiveness of hip and knee arthroplasty, ultimately helping patients regain their mobility and improve their quality of life.
AppsFlyer
Series D in 2020
AppsFlyer Ltd. is a mobile app measurement platform founded in 2011 and headquartered in Herzliya, Israel, with additional offices worldwide. The company specializes in helping mobile app developers, brands, and advertising agencies measure and optimize their customer acquisition strategies through a real-time analytics dashboard. Its platform integrates with numerous media partners, allowing advertisers to assess and enhance their mobile app promotional campaigns across various channels, including paid, organic, and social media. AppsFlyer offers several key solutions, such as Ad Revenue Attribution, which aids mobile publishers in evaluating user lifetime value by considering diverse revenue sources. The company also provides Agency Transparency for brands to gain insights into their campaigns and Protect360, a robust fraud protection service. With a focus on privacy and user experience, AppsFlyer supports a wide array of applications across platforms like the Apple App Store and Google Play, enabling clients to foster meaningful customer relationships through advanced data analytics and engagement tools.
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.
Hedone is a company based in Shanghai, China, operating an e-commerce platform specializing in beauty and makeup products. Founded in 2014, Hedone caters primarily to Chinese millennials, offering a range of fashion and beauty items designed to embrace individuality.
Paidy is a Japanese fintech company that offers a cardless real-time payment network. It enables consumers to buy online without a credit card or pre-registration, optimizing for mobile and instant-checkout. Paidy's platform uses proprietary technology to score creditworthiness, underwrite transactions, and guarantee payment to merchants.
Aperza Inc. is a company that develops and operates various online platforms aimed at enhancing the manufacturing industry. Founded in 2016 and based in Yokohama, Japan, Aperza offers a range of services including an industrial portal, an industrial catalog portal, and an e-commerce marketplace tailored for industrial products. The company focuses on facilitating connections between engineers and manufacturers, enabling easy access to price comparisons and the purchasing of raw materials. Additionally, Aperza provides media outlets such as Monozukuri News and Automation News Web, which cover relevant industry topics. By addressing barriers related to information, transactions, and communication, Aperza aims to support the evolution of the manufacturing sector, including initiatives related to Industry 4.0 and smart factory innovations, ultimately contributing to the industry's growth and modernization.
FLOSFIA
Venture Round in 2019
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
Yappli is a Tokyo-based B2B SaaS company offering an online platform to build, manage, and analyze enterprise-grade native mobile applications without coding skills. It serves notable clients such as The North Face and Cartoon Network, and has won awards like the AWS award at Tech in Asia Tokyo 2015.
Wovn Technologies
Venture Round in 2019
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.
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.
B-One Ortho Corp. is a manufacturer of orthopedic healthcare solutions, specializing in artificial joints that facilitate joint replacement surgeries. Founded in 2015 and headquartered in Cedar Knolls, New Jersey, the company also maintains offices in Shanghai and Suzhou, China. Its notable products include the B-One total hip system, which features advanced coating technology and instrumentation, as well as the Juveno bone-conserving femoral prosthesis and primary acetabular systems. These innovations aim to enhance the effectiveness of hip and knee arthroplasty, ultimately helping patients regain their mobility and improve their quality of life.
Payke
Venture Round in 2018
Founded in 2014, Payke develops a cloud-based solution that enables users to access product information in their native language by scanning barcodes. It serves individuals and businesses worldwide, aiming to create a global product database accessible anytime, anywhere.
Azit
Venture Round in 2018
Azit Inc. is a Tokyo-based software application developer, founded in 2013, that focuses on enhancing mobility solutions. The company has created CREW, a car-sharing application that enables users to summon nearby vehicles using their smartphones. This innovative platform aims to improve transportation efficiency for individuals in Japan. In addition to CREW, Azit also offers Tribu, a people-to-people sampling platform, further diversifying its product offerings. Through these applications, Azit seeks to address the growing demand for flexible mobility options in urban environments.
Metcela is a clinical-stage biotechnology company based in Kawasaki, Japan, developing fibroblast-based therapies for heart disease. Its approach uses VCAM-1–positive cardiac fibroblasts derived from a patient’s own heart to repair damaged tissue and reestablish a supportive microenvironment, rather than replacing cells. The lead program, MTC001, aims to restore heart function by promoting natural healing in preclinical studies. Metcela was founded in 2016.
Founded in 2016, Pony.ai develops artificial intelligence software for autonomous mobility deployment, focusing on manufacturing automated vehicles and offering public-facing Robotaxi services. The company operates fully driverless robotaxis through the PonyPilot mobile app in major Chinese cities.
UWinTech is a provider of comprehensive IT operations and maintenance solutions based in Shenzhen, China. Founded in 2015, the company offers a range of services including EasyCMDB for configuration management, Easydevops for DevOps practices, Easyobserve for monitoring, EasyMAbuilder for automation, and Easyautoops for operational efficiency. UWinTech's services are designed to help enterprises reduce efforts and maximize productivity by covering continuous delivery, continuous deployment, operation automation, and application monitoring.
Sensyn Robotics
Venture Round in 2018
Sensyn Robotics is a company focused on developing innovative business solutions that integrate robotics technology, particularly drones, with advanced software applications. Their primary goal is to enhance infrastructure inspections across various sectors, including oil, electric power, and construction. By promoting automation and generalization, Sensyn Robotics aims to improve operational efficiency, reduce labor costs, and enable unattended operations. The company addresses pressing social issues in Japan while also seeking to provide its diverse range of solutions globally, leveraging Japan's position as a leader in tackling contemporary challenges. Through collaboration and cutting-edge technology, Sensyn Robotics is committed to enabling enterprises and municipalities to access and inspect affected or disturbed sites more effectively.
Kongming Inc. is a Beijing-based company established in 2010 that specializes in social media technology and marketing solutions. It offers a range of products and services, including social monitoring tools, customer relationship management (CRM) systems, social networking advertising, and data analysis services. By leveraging these capabilities, Kongming aims to enhance client interactions and optimize marketing strategies within the social media landscape.
Plaid
Venture Round in 2018
Plaid, Inc. is a Tokyo-based company that develops and operates KARTE, a cloud-based customer experience platform designed to enhance customer interactions on websites and applications. Founded in 2011, the platform analyzes user behavior to facilitate personalized communication with customers. In addition to its primary offering, Plaid engages in the planning and management of specialized media, including EC-focused media called Shopping Tribe and customer experience-oriented media known as XD. The company's services cater to a diverse range of industries, including finance, insurance, human resources, retail, real estate, IT, media, travel, manufacturing, healthcare, and education. By leveraging data analysis, Plaid aims to optimize customer engagement and streamline communication strategies for its clients.
Hua Medicine
Series D in 2018
Hua Medicine is a clinical-stage drug development company in China focused on therapies for diabetes and CNS disorders. It develops Dorzagliatin (also known as HMS5552), an oral, first-in-class glucokinase activator for type 2 diabetes, and has advanced Dorzagliatin into NDA-enabling work and Phase III trials in China, including studies in drug-naive and metformin-treated patients. The company is pursuing Dorzagliatin in combination with metformin and in combination with DPP-4 inhibitors, SGLT-2 inhibitors, and insulin in various development stages. In addition, Hua Medicine is developing mGluR5 candidates for Parkinson's disease and related levodopa-induced dyskinesia. The company was founded in 2011 and is headquartered in Shanghai, China.
PORT
Venture Round in 2018
Port Inc. is a Tokyo-based company that specializes in various domain-specific vertical media and content marketing tailored to user needs in Japan. Founded in 2011, it operates financial information platforms that facilitate money management through services focused on increasing, borrowing, and saving. Additionally, Port offers a career information platform that connects users with employment opportunities and recruiting companies, enhancing career transition and job matching. The company also provides an online healthcare platform aimed at improving lifestyle habits, supervised by medical professionals, as well as a medical information site addressing lifestyle diseases for individuals and enterprises. Formerly known as Social Recruiting Co., Ltd., Port Inc. rebranded in 2015 to reflect its broader service offerings in internet media and technology across the fields of career, finance, and healthcare.
FLOSFIA
Venture Round in 2018
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
UWinTech
Venture Round in 2018
UWinTech is a provider of comprehensive IT operations and maintenance solutions based in Shenzhen, China. Founded in 2015, the company offers a range of services including EasyCMDB for configuration management, Easydevops for DevOps practices, Easyobserve for monitoring, EasyMAbuilder for automation, and Easyautoops for operational efficiency. UWinTech's services are designed to help enterprises reduce efforts and maximize productivity by covering continuous delivery, continuous deployment, operation automation, and application monitoring.
B-One
Venture Round in 2018
B-One Ortho Corp. is a manufacturer of orthopedic healthcare solutions, specializing in artificial joints that facilitate joint replacement surgeries. Founded in 2015 and headquartered in Cedar Knolls, New Jersey, the company also maintains offices in Shanghai and Suzhou, China. Its notable products include the B-One total hip system, which features advanced coating technology and instrumentation, as well as the Juveno bone-conserving femoral prosthesis and primary acetabular systems. These innovations aim to enhance the effectiveness of hip and knee arthroplasty, ultimately helping patients regain their mobility and improve their quality of life.
SDP Japan
Venture Round in 2018
Founded in 2014, SDP Japan operates a platform that facilitates the procurement of medical equipment for bed-based hospitals and clinics. The company specializes in providing surgical materials, pharmaceuticals, and IT system services, aiming to enhance surgical safety and patient care.
Candee Inc. is a Tokyo-based production company founded in 2015 that specializes in online video production and talent management. The company provides a range of services, including advertising, video editing, branding, content creation, public relations, and digital marketing. Through its online platform, Candee produces advertising and media videos, focusing particularly on mobile content, which allows businesses to effectively advertise and manage talent in the digital space.
FLOSFIA
Venture Round in 2017
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
Paidy
Venture Round in 2017
Paidy is a Japanese fintech company that offers a cardless real-time payment network. It enables consumers to buy online without a credit card or pre-registration, optimizing for mobile and instant-checkout. Paidy's platform uses proprietary technology to score creditworthiness, underwrite transactions, and guarantee payment to merchants.
Wonderplanet
Venture Round in 2017
Founded in 2012, Wonderplanet specializes in designing and developing native language applications and games for smartphones and tablets. Its offerings include 2D and 3D games for iOS and Android platforms.
Founded in Tokyo in 2013 by Hidetsugu Ito, OpenLogi designs a cloud-based platform offering affordable outsourced logistics solutions for small and medium-sized enterprises (SMEs) and freelancers. The platform optimizes warehouse control systems, leveraging unused assets and downtime to facilitate efficient logistics operations.
FLOSFIA
Venture Round in 2017
FLOSFIA INC. is a Tokyo-based company that focuses on the development of corundum structured Gallium Oxide semiconductor power devices. Founded on March 31, 2011, the company emerged as a spin-off from research conducted at Kyoto University. FLOSFIA specializes in film-formation using mist chemical vapor deposition (CVD) techniques, leveraging the unique physical properties of gallium oxide (Ga2O3) to create high breakdown voltage and high efficiency power devices. The firm is dedicated to advancing low-loss power device technology, contributing to the evolution of semiconductor applications.
Cytek Biosciences
Series B in 2017
Cytek Biosciences, Inc. is a manufacturer and supplier of flow cytometry tools and equipment specifically designed for cancer and cell biology research. The company offers advanced flow cytometers, including the Cytek Aurora and Cytek Northern Lights, as well as the DxP Athena system, which utilizes proprietary technology to enhance the detection of dim populations in a multicolor format. In addition, Cytek provides the QbSure quality control program to ensure the optimal performance of its cytometers and a range of cFluor reagents tailored for use in multicolor applications. Established in 1990 and headquartered in Fremont, California, Cytek has expanded its presence internationally with locations in Bethesda, Maryland; Amsterdam, the Netherlands; Tokyo, Japan; and Shanghai, China. The company was previously known as Cytoville, Inc. before rebranding in August 2015.
AppsFlyer
Series C in 2017
AppsFlyer Ltd. is a mobile app measurement platform founded in 2011 and headquartered in Herzliya, Israel, with additional offices worldwide. The company specializes in helping mobile app developers, brands, and advertising agencies measure and optimize their customer acquisition strategies through a real-time analytics dashboard. Its platform integrates with numerous media partners, allowing advertisers to assess and enhance their mobile app promotional campaigns across various channels, including paid, organic, and social media. AppsFlyer offers several key solutions, such as Ad Revenue Attribution, which aids mobile publishers in evaluating user lifetime value by considering diverse revenue sources. The company also provides Agency Transparency for brands to gain insights into their campaigns and Protect360, a robust fraud protection service. With a focus on privacy and user experience, AppsFlyer supports a wide array of applications across platforms like the Apple App Store and Google Play, enabling clients to foster meaningful customer relationships through advanced data analytics and engagement tools.
Accounting SaaS Japan
Series C in 2016
Accounting SaaS Japan Co., Ltd., established in Tokyo, specializes in developing cloud-based accounting and tax application software.
Mikatus Inc. is a Tokyo-based company, founded in 2009, that specializes in providing cloud-based services tailored for tax accountants. The company develops software applications for both mobile and computer platforms, aimed at enhancing the operational capabilities of tax professionals and accounting firms. Mikatus offers a comprehensive suite of services, including tax, accounting, payroll, financial support, and management support, which enables small and medium-sized businesses to streamline their accounting tasks. By assisting tax accountants in differentiating their services, Mikatus contributes to the growth and performance improvement of its clients, ultimately helping them achieve better business outcomes.
Toreta, Inc. is a Tokyo-based company founded in 2013 that specializes in developing a mobile application for restaurant reservation management. The application automates the recording of reservation conversations with customers and generates customer ledgers based on this information. It allows restaurants to accept reservations online at any time, enhancing operational efficiency. In addition to its core reservation system, Toreta has expanded its services to include mobile order capabilities and an AI-based reservation reception service, enabling users to check table availability at participating restaurants.
Raksul Inc. is a Tokyo-based company that specializes in providing comprehensive printing services in Japan. Founded in 2009, Raksul offers a wide range of printed products, including flyers, business cards, pamphlets, posters, New Year’s cards, and various promotional materials. The company operates as a B2B platform, facilitating a streamlined connection between small and medium-sized enterprises and existing players in the printing, logistics, and advertising industries. By leveraging a sharing economy model, Raksul enables customers to access excess capacities from these industries at competitive prices, thereby simplifying traditional value chains and promoting efficiency.
Paidy is a Japanese fintech company that offers a cardless real-time payment network. It enables consumers to buy online without a credit card or pre-registration, optimizing for mobile and instant-checkout. Paidy's platform uses proprietary technology to score creditworthiness, underwrite transactions, and guarantee payment to merchants.
Retty is a Japanese online platform that operates a real-name gourmet service for discovering and sharing restaurant information. It provides restaurant reviews and recommendations, enabling users to search for dining options in Japan based on recommendations from friends and others with similar tastes. The platform functions as a social dining community where users can share experiences and plan where to eat, emphasizing authenticity and personalized search. Retty focuses on delivering curated restaurant information through a single gourmet platform.
Hua Medicine
Series C in 2016
Hua Medicine is a clinical-stage drug development company in China focused on therapies for diabetes and CNS disorders. It develops Dorzagliatin (also known as HMS5552), an oral, first-in-class glucokinase activator for type 2 diabetes, and has advanced Dorzagliatin into NDA-enabling work and Phase III trials in China, including studies in drug-naive and metformin-treated patients. The company is pursuing Dorzagliatin in combination with metformin and in combination with DPP-4 inhibitors, SGLT-2 inhibitors, and insulin in various development stages. In addition, Hua Medicine is developing mGluR5 candidates for Parkinson's disease and related levodopa-induced dyskinesia. The company was founded in 2011 and is headquartered in Shanghai, China.
Cytek Biosciences
Venture Round in 2016
Cytek Biosciences, Inc. is a manufacturer and supplier of flow cytometry tools and equipment specifically designed for cancer and cell biology research. The company offers advanced flow cytometers, including the Cytek Aurora and Cytek Northern Lights, as well as the DxP Athena system, which utilizes proprietary technology to enhance the detection of dim populations in a multicolor format. In addition, Cytek provides the QbSure quality control program to ensure the optimal performance of its cytometers and a range of cFluor reagents tailored for use in multicolor applications. Established in 1990 and headquartered in Fremont, California, Cytek has expanded its presence internationally with locations in Bethesda, Maryland; Amsterdam, the Netherlands; Tokyo, Japan; and Shanghai, China. The company was previously known as Cytoville, Inc. before rebranding in August 2015.
PORT
Venture Round in 2016
Port Inc. is a Tokyo-based company that specializes in various domain-specific vertical media and content marketing tailored to user needs in Japan. Founded in 2011, it operates financial information platforms that facilitate money management through services focused on increasing, borrowing, and saving. Additionally, Port offers a career information platform that connects users with employment opportunities and recruiting companies, enhancing career transition and job matching. The company also provides an online healthcare platform aimed at improving lifestyle habits, supervised by medical professionals, as well as a medical information site addressing lifestyle diseases for individuals and enterprises. Formerly known as Social Recruiting Co., Ltd., Port Inc. rebranded in 2015 to reflect its broader service offerings in internet media and technology across the fields of career, finance, and healthcare.
Kaizen Platform
Series B in 2016
Founded in 2013, Kaizen Platform Inc. offers a digital marketing platform enabling brands, agencies, and freelancers to collaborate on creating and testing customer journey experiences across mobile, social media, display ads, and landing pages. Serving sectors like retail, finance, travel, and tech, the company combines multichannel marketing software with a cloud of designers and copywriters for improved performance.
QuanCheng
Series B in 2016
Founded in November 2013 and headquartered in Shanghai, QuanCheng is a SaaS startup that focuses on corporate expense management and vendor management. The company offers a centralized purchasing management platform that provides tools and services for managing expenses related to business dining and travel. With a presence in 50 tier-one and tier-two cities across China, including major urban centers such as Beijing, Guangzhou, Shenzhen, and Wuhan, QuanCheng aims to optimize operational efficiency for businesses through its specialized software solutions.
Plaid
Venture Round in 2015
Plaid, Inc. is a Tokyo-based company that develops and operates KARTE, a cloud-based customer experience platform designed to enhance customer interactions on websites and applications. Founded in 2011, the platform analyzes user behavior to facilitate personalized communication with customers. In addition to its primary offering, Plaid engages in the planning and management of specialized media, including EC-focused media called Shopping Tribe and customer experience-oriented media known as XD. The company's services cater to a diverse range of industries, including finance, insurance, human resources, retail, real estate, IT, media, travel, manufacturing, healthcare, and education. By leveraging data analysis, Plaid aims to optimize customer engagement and streamline communication strategies for its clients.
Fishtrip
Venture Round in 2015
Fishtrip is an online marketplace headquartered in Beijing, China, catering to Chinese holiday-makers looking for unique overseas accommodations. The platform focuses on providing distinctive lodging options that enhance travel experiences, allowing users to discover and book unconventional properties around the world. Established as a subsidiary of Tujia Online Information Technology, Fishtrip leverages the growing trend of experiential travel among Chinese tourists, positioning itself as a key player in the international travel market. Through its innovative approach, Fishtrip aims to meet the evolving preferences of its customers, offering tailored solutions for memorable travel experiences.
Kaizen Platform
Series A in 2015
Founded in 2013, Kaizen Platform Inc. offers a digital marketing platform enabling brands, agencies, and freelancers to collaborate on creating and testing customer journey experiences across mobile, social media, display ads, and landing pages. Serving sectors like retail, finance, travel, and tech, the company combines multichannel marketing software with a cloud of designers and copywriters for improved performance.
Founded in 2014, Medbanks specializes in healthcare data processing services. It develops an oncology database by collecting and analyzing clinical information from hospitals.
Peatix Inc. is a global event registration platform founded in 2011 and based in Tokyo, Japan. It provides event organizers with a suite of tools to create, promote, manage, and sell tickets for a variety of events, ranging from concerts to conferences. The platform facilitates a seamless ticketing experience, allowing attendees to easily purchase tickets while also discovering events that align with their interests. Peatix has served over 30,000 events since its inception and is known for its mobile-centric approach, enhancing the event experience through social interactions and event discovery features available on its mobile applications and website. The company has expanded its operations to the United States and Singapore and offers competitive ticketing fees along with customizable event pages for organizers. Peatix aims to connect individuals with shared passions and foster vibrant communities through diverse experiences.
Retty is a Japanese online platform that operates a real-name gourmet service for discovering and sharing restaurant information. It provides restaurant reviews and recommendations, enabling users to search for dining options in Japan based on recommendations from friends and others with similar tastes. The platform functions as a social dining community where users can share experiences and plan where to eat, emphasizing authenticity and personalized search. Retty focuses on delivering curated restaurant information through a single gourmet platform.
Gshopper operates a cross-border e-commerce platform, offering a curated selection of electronics, cosmetics, health, kids, and outdoor products. Headquartered in Singapore, the company uses advanced data analytics and AI to identify trending global products, providing consumers worldwide with convenient access to high-quality goods at competitive prices.
Innovent Biologics
Series C in 2015
Innovent Biologics is a China-based biopharmaceutical company that discovers, develops, manufactures, and commercializes monoclonal antibodies. It operates a platform for antibody therapeutics across oncology, ophthalmology, immunology, and metabolic diseases, with Tyvyt (sintilimab) as its core asset, a PD-1 inhibitor used in first-line and other cancer indications. The company develops a broad pipeline including biosimilars and novel antibodies and provides distribution, consulting, and R&D services. It maintains strategic collaborations with global partners, including a co-development arrangement with MD Anderson Cancer Center and an alliance with Eli Lilly for TYVYT, and has more than 30 collaborations with major pharmaceutical companies. Innovent is listed on the Hong Kong Exchange and maintains manufacturing and development capabilities in China with a growing portfolio of oncology and non-oncology products marketed domestically and internationally.
AppsFlyer
Series B in 2015
AppsFlyer Ltd. is a mobile app measurement platform founded in 2011 and headquartered in Herzliya, Israel, with additional offices worldwide. The company specializes in helping mobile app developers, brands, and advertising agencies measure and optimize their customer acquisition strategies through a real-time analytics dashboard. Its platform integrates with numerous media partners, allowing advertisers to assess and enhance their mobile app promotional campaigns across various channels, including paid, organic, and social media. AppsFlyer offers several key solutions, such as Ad Revenue Attribution, which aids mobile publishers in evaluating user lifetime value by considering diverse revenue sources. The company also provides Agency Transparency for brands to gain insights into their campaigns and Protect360, a robust fraud protection service. With a focus on privacy and user experience, AppsFlyer supports a wide array of applications across platforms like the Apple App Store and Google Play, enabling clients to foster meaningful customer relationships through advanced data analytics and engagement tools.
Accounting SaaS Japan
Series B in 2014
Accounting SaaS Japan Co., Ltd., established in Tokyo, specializes in developing cloud-based accounting and tax application software.
Mikatus
Venture Round in 2014
Mikatus Inc. is a Tokyo-based company, founded in 2009, that specializes in providing cloud-based services tailored for tax accountants. The company develops software applications for both mobile and computer platforms, aimed at enhancing the operational capabilities of tax professionals and accounting firms. Mikatus offers a comprehensive suite of services, including tax, accounting, payroll, financial support, and management support, which enables small and medium-sized businesses to streamline their accounting tasks. By assisting tax accountants in differentiating their services, Mikatus contributes to the growth and performance improvement of its clients, ultimately helping them achieve better business outcomes.
Zaker is a company based in Guangzhou, China, that develops a mobile internet reading platform aimed at personalized news consumption. Its flagship application aggregates news content from various professional media sources, offering users an interactive experience tailored to their reading preferences. The app not only allows users to engage with diverse news topics but also facilitates discussions and content sharing across multiple social media platforms. Additionally, Zaker provides services related to content application and management across different industries, leveraging data governance and development to foster an intelligent content ecosystem. This approach is designed to enhance the efficiency and capabilities of content businesses, enabling them to achieve smarter upgrades and improved interaction with their audiences.
Eyebright
Venture Round in 2014
Eyebright Medical Technology (Beijing) Co Ltd is dedicated to the research, development, production, and sales of ophthalmic medical devices aimed at improving eye health and vision. The company offers a diverse range of products, including intraocular lenses, IOL delivery systems, surgical instruments, optometric lenses, and eye drops, all designed to address various ophthalmic conditions such as cataracts, glaucoma, and refractive errors. In addition to its product offerings, Eyebright provides related services to support the effective use of its medical devices, contributing to advancements in eye care and treatment.
Kaizen Platform
Series A in 2014
Founded in 2013, Kaizen Platform Inc. offers a digital marketing platform enabling brands, agencies, and freelancers to collaborate on creating and testing customer journey experiences across mobile, social media, display ads, and landing pages. Serving sectors like retail, finance, travel, and tech, the company combines multichannel marketing software with a cloud of designers and copywriters for improved performance.
Kmsocial is a provider of social media management tools aimed at enhancing promotional efficiency across various social media platforms, particularly in China. The company's flagship offering is the Kongming Social Management Platform, which encompasses a range of services including Weibo operation, social media monitoring, customer relationship management (CRM), social network advertising, and data analysis. By leveraging these services, Kmsocial enables clients to effectively promote their products and engage with their audience through targeted social media strategies.
Bang Er Orthopedic
Series A in 2014
Zhejiang Bang Er Medical Investment Management Co., Ltd. is a prominent operator of hospitals specializing in orthopedic care and rehabilitation services, established in 2012 in Zhejiang Province, China. The company focuses on the diagnosis and treatment of various orthopedic conditions, including trauma-related injuries, hand and foot surgery, spine surgery, and joint surgery. By offering a comprehensive range of services, Bang Er aims to provide patients with the necessary care and treatment options for their orthopedic ailments, positioning itself as a key player in the healthcare sector of the Yangtze River Delta.
Accounting SaaS Japan
Venture Round in 2014
Accounting SaaS Japan Co., Ltd., established in Tokyo, specializes in developing cloud-based accounting and tax application software.
YOKA.com is a Chinese fashion website that caters to high-income earners seeking premium brands and an elevated quality of life. It operates as a comprehensive sub-brand under Trends Media Group, which publishes 17 magazines including Cosmopolitan, Esquire, Harper's Bazaar, and custom-made titles like Audi and Toyota. The company adheres to the principle "Think Global, Act Local," collaborating with renowned media groups through copyright agreements and joint ventures. YOKA.com provides a diverse range of fashion information, focusing on beauty, makeup, and other fashion-related products and services.
Peatix Inc. is a global event registration platform founded in 2011 and based in Tokyo, Japan. It provides event organizers with a suite of tools to create, promote, manage, and sell tickets for a variety of events, ranging from concerts to conferences. The platform facilitates a seamless ticketing experience, allowing attendees to easily purchase tickets while also discovering events that align with their interests. Peatix has served over 30,000 events since its inception and is known for its mobile-centric approach, enhancing the event experience through social interactions and event discovery features available on its mobile applications and website. The company has expanded its operations to the United States and Singapore and offers competitive ticketing fees along with customizable event pages for organizers. Peatix aims to connect individuals with shared passions and foster vibrant communities through diverse experiences.
Peatix Inc. is a global event registration platform founded in 2011 and based in Tokyo, Japan. It provides event organizers with a suite of tools to create, promote, manage, and sell tickets for a variety of events, ranging from concerts to conferences. The platform facilitates a seamless ticketing experience, allowing attendees to easily purchase tickets while also discovering events that align with their interests. Peatix has served over 30,000 events since its inception and is known for its mobile-centric approach, enhancing the event experience through social interactions and event discovery features available on its mobile applications and website. The company has expanded its operations to the United States and Singapore and offers competitive ticketing fees along with customizable event pages for organizers. Peatix aims to connect individuals with shared passions and foster vibrant communities through diverse experiences.
Innovent Biologics
Series B in 2012
Innovent Biologics is a China-based biopharmaceutical company that discovers, develops, manufactures, and commercializes monoclonal antibodies. It operates a platform for antibody therapeutics across oncology, ophthalmology, immunology, and metabolic diseases, with Tyvyt (sintilimab) as its core asset, a PD-1 inhibitor used in first-line and other cancer indications. The company develops a broad pipeline including biosimilars and novel antibodies and provides distribution, consulting, and R&D services. It maintains strategic collaborations with global partners, including a co-development arrangement with MD Anderson Cancer Center and an alliance with Eli Lilly for TYVYT, and has more than 30 collaborations with major pharmaceutical companies. Innovent is listed on the Hong Kong Exchange and maintains manufacturing and development capabilities in China with a growing portfolio of oncology and non-oncology products marketed domestically and internationally.
Lumi Shanghai
Series A in 2012
Shanghai Lumi Information Technology Limited Company (Lumi胶原蛋白/禄美) is dedicated to research and development of beauty and health series products.
Lumi is mainly engaged in the R&D, brand building, and market promotion of brand cosmetology and health products, and it is a matchless brand of collagen protein in the domestic industry. Lumi owns its market by new marketing modes, which now possesses a self-constructed call center with over a 100people and plans to extend the number to more than 200 people within the year.
Yoyi Digital
Series C in 2012
Yoyi Digital, established in 2007 and headquartered in Beijing, China, specializes in providing online advertising and marketing solutions tailored for advertisers and media publishers. The company leads the programmatic buying industry in China, focusing on data-driven strategies that facilitate the transition from media buying to audience buying. Yoyi Digital offers a comprehensive suite of services, including targeted advertisement delivery, customer relationship management, and innovative media planning. Its proprietary platforms, such as Databank, enable advertisers to collect and analyze first-party data effectively. Yoyi has pioneered cross-screen programmatic buying, integrating digital media strategies across devices including PCs, mobile, video, and OTT. The company serves over 1,000 global and local brands, utilizing advanced advertising technologies to enhance user experience and advertising effectiveness. Yoyi Digital has received multiple accolades, including recognition as a Red Herring 100 Global Winner and accolades at the Ad Stars Festival. With branches in Shanghai and Guangzhou, the organization continues to drive the evolution of digital marketing in China.
Pod Inns (布丁酒店) is a provider of contemporary and convenient accommodations in the Chinese hotel industry. It is focused on high-end customers. Pod Inns has over 300 hotels in more than 40 cities such as Beijing, Shanghai, Tianjin, Wuhan, and Xian with 8 million registered members.
Since its establishment in China, Pod Inns has delivered accepted services and aims to reach higher through product innovation, professional management and service, and efficient cost control.
Romax Technology
Venture Round in 2012
Romax Technology Limited is an engineering firm based in Nottingham, United Kingdom, specializing in software, analysis, and services for various industries, including automotive, wind energy, aerospace, and rail. Founded in 1989, the company provides a range of solutions such as RomaxDESIGNER for modeling and analyzing transmissions and drivelines, CAD FUSION for detailed simulations, and Dynamic FUSION for streamlined design processes. Romax Technology also offers RomaxWIND for driveline dynamics and multi-physics simulations, as well as InSight Fleet Monitor for design and optimization. Additionally, the company delivers engineering services, training, consulting, and testing to enhance drivetrain design, simulation, and monitoring applications. With a global presence that includes offices in the United States, China, Japan, Korea, India, and Europe, Romax Technology serves as a key player in the development of energy-efficient drive and power generation systems.
Hua Medicine
Series A in 2011
Hua Medicine is a clinical-stage drug development company in China focused on therapies for diabetes and CNS disorders. It develops Dorzagliatin (also known as HMS5552), an oral, first-in-class glucokinase activator for type 2 diabetes, and has advanced Dorzagliatin into NDA-enabling work and Phase III trials in China, including studies in drug-naive and metformin-treated patients. The company is pursuing Dorzagliatin in combination with metformin and in combination with DPP-4 inhibitors, SGLT-2 inhibitors, and insulin in various development stages. In addition, Hua Medicine is developing mGluR5 candidates for Parkinson's disease and related levodopa-induced dyskinesia. The company was founded in 2011 and is headquartered in Shanghai, China.
Betterlife Medical
Venture Round in 2011
Betterlife Medical is a high-tech medical device company focused on serving the Chinese market. The company specializes in developing innovative medical devices, including digital programmable hearing aids and various monitoring devices. These products aim to enhance the ability of physicians to diagnose and treat their patients effectively, contributing to improved healthcare outcomes. By leveraging advanced technology, Betterlife Medical addresses critical healthcare needs and supports the evolving landscape of medical treatment in China.
Coinage
Venture Round in 2011
Financial training service provider in China.
Kongming
Venture Round in 2011
Kongming Inc. is a Beijing-based company established in 2010 that specializes in social media technology and marketing solutions. It offers a range of products and services, including social monitoring tools, customer relationship management (CRM) systems, social networking advertising, and data analysis services. By leveraging these capabilities, Kongming aims to enhance client interactions and optimize marketing strategies within the social media landscape.
Hua Medicine
Venture Round in 2010
Hua Medicine is a clinical-stage drug development company in China focused on therapies for diabetes and CNS disorders. It develops Dorzagliatin (also known as HMS5552), an oral, first-in-class glucokinase activator for type 2 diabetes, and has advanced Dorzagliatin into NDA-enabling work and Phase III trials in China, including studies in drug-naive and metformin-treated patients. The company is pursuing Dorzagliatin in combination with metformin and in combination with DPP-4 inhibitors, SGLT-2 inhibitors, and insulin in various development stages. In addition, Hua Medicine is developing mGluR5 candidates for Parkinson's disease and related levodopa-induced dyskinesia. The company was founded in 2011 and is headquartered in Shanghai, China.
BioRegen
Venture Round in 2010
Founded in Changzhou, Jiangsu Province, China in 2008, BioRegen specializes in the development of biomedical materials, regenerative medicines, and drug delivery systems. The company focuses on hyaluronic acid-based products enriched with extracellular matrix materials like hyaluronan, glycosaminoglycans, and collagen. Their innovations aim to enhance healing and rejuvenation for patients across various surgical disciplines, including ENT, orthopedics, and general surgeries.