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 Navigation and Mapping

Cartken

Venture Round in 2024
Cartken develops delivery robots designed for transporting items over short distances within neighborhoods. Their robots are equipped with advanced sensors and cameras for collision avoidance and hazard detection, ensuring safe navigation in urban environments.

LexxPluss

Series A in 2023
LexxPluss develops automated transport robots for logistics warehouses. Their solution combines autonomous driving technology with guided mode navigation, ensuring accuracy even in challenging environments. The company focuses on cost-effectiveness, safety analysis, and user experience to enable efficient automation of labor-intensive tasks.

LexxPluss

Series A in 2021
LexxPluss develops automated transport robots for logistics warehouses. Their solution combines autonomous driving technology with guided mode navigation, ensuring accuracy even in challenging environments. The company focuses on cost-effectiveness, safety analysis, and user experience to enable efficient automation of labor-intensive tasks.

NABLA Mobility

Pre Seed Round in 2021
NABLA Mobility develops a smart navigation system for aviation, utilizing AI/ML algorithms to optimize flight trajectories and settings. This adaptive tool enhances operational excellence and contributes to the decarbonization of the aviation industry by reducing uncertainties in airspace.

Cartken

Seed Round in 2021
Cartken develops delivery robots designed for transporting items over short distances within neighborhoods. Their robots are equipped with advanced sensors and cameras for collision avoidance and hazard detection, ensuring safe navigation in urban environments.

LexxPluss

Seed Round in 2021
LexxPluss develops automated transport robots for logistics warehouses. Their solution combines autonomous driving technology with guided mode navigation, ensuring accuracy even in challenging environments. The company focuses on cost-effectiveness, safety analysis, and user experience to enable efficient automation of labor-intensive tasks.

LexxPluss

Seed Round in 2020
LexxPluss develops automated transport robots for logistics warehouses. Their solution combines autonomous driving technology with guided mode navigation, ensuring accuracy even in challenging environments. The company focuses on cost-effectiveness, safety analysis, and user experience to enable efficient automation of labor-intensive tasks.

Drivemode

Seed Round in 2014
Drivemode, Inc. is a technology company based in Redwood City, California, that specializes in developing applications designed to enhance the driving experience. Founded in 2014 by former entrepreneurs from Zipcar and Tesla Motors, Drivemode's platform utilizes interaction and feedback technology to provide drivers with personalized navigation suggestions based on their driving patterns, calendar events, and recent communications. The application allows users to manage music and navigation seamlessly, even while making or receiving calls, and facilitates voice-to-text messaging to minimize distractions. Since its Android app launch in 2015, Drivemode has achieved significant growth, garnering over 1 million downloads across 180 countries. The company aims to create a safer and more connected driving environment and collaborates with various stakeholders in the connected car industry to further its mission. Drivemode operates as a subsidiary of Honda R&D Co., Ltd.

Wanderlust

Venture Round in 2014
Wanderlust Inc. is a Japanese startup founded in 2013 and based in Tokyo, focused on enhancing global connections through travel. The company operates Compathy, an online social travel guide that allows users to recommend their favorite destinations and experiences. This platform enables travelers to discover personalized suggestions from locals, fostering cultural exchange and understanding. Wanderlust aims to facilitate communication among individuals from diverse backgrounds by organizing events that encourage offline interactions and sharing of recommendations. In addition to its social travel guide, Wanderlust provides a service for users to document and share their travel itineraries and experiences, promoting collaboration and connection among travelers worldwide.

Wanderlust

Seed Round in 2013
Wanderlust Inc. is a Japanese startup founded in 2013 and based in Tokyo, focused on enhancing global connections through travel. The company operates Compathy, an online social travel guide that allows users to recommend their favorite destinations and experiences. This platform enables travelers to discover personalized suggestions from locals, fostering cultural exchange and understanding. Wanderlust aims to facilitate communication among individuals from diverse backgrounds by organizing events that encourage offline interactions and sharing of recommendations. In addition to its social travel guide, Wanderlust provides a service for users to document and share their travel itineraries and experiences, promoting collaboration and connection among travelers worldwide.

NABLA Mobility

NABLA Mobility develops a smart navigation system for aviation, utilizing AI/ML algorithms to optimize flight trajectories and settings. This adaptive tool enhances operational excellence and contributes to the decarbonization of the aviation industry by reducing uncertainties in airspace.
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