SX Capital

SX Capital, Inc. is a principal investment firm based in Tokyo, Japan, founded on August 28, 2000. The firm focuses on investing in small and medium-sized companies within the information technology sector, with particular interest in areas such as IT services, artificial intelligence, fintech, and big data. SX Capital primarily targets private IT-related venture companies and prefers to acquire minority stakes in its investments. The firm was previously known as INTEC IT Capital, Inc.

Hiroko Endo

Managing Director

Hideki Kondo

President and CEO

16 past transactions

Startbahn

Series B in 2021
Startbahn, Inc. is a Tokyo-based company founded in 2014 that operates a platform focused on enhancing the art experience in the digital age. The company primarily aims to support artists and those involved in the art sector by providing essential technology and services. Startbahn develops Startbahn Cert., a service that issues blockchain certificates for artworks, and promotes Startrail, a blockchain infrastructure that underpins this certification. In addition to its blockchain initiatives, Startbahn is involved in artwork production, art direction, general planning and consulting, as well as information processing for various digital platforms. The company also offers design services for shops and offices, construction management, and print design, contributing to a more connected and innovative art community.

Fermenstation

Venture Round in 2021
Fermenstation Co., Ltd. is a Japanese company based in Iwate Prefecture, founded in 2009. The company specializes in consulting services focused on the utilization of unused biomass, ethanol production, and animal feed production. It also offers expertise in producing aromatic products, conducting feasibility studies, and engaging in co-development projects. Fermenstation provides education and information on brewing and fermentation technologies, alongside brand consulting, logo design, packaging design, website development, and public relations services. In addition to its consulting work, the company manufactures rice-based home ethanol, Komesshu air freshener, and Oshu soap, contributing to product development through the application of fermentation technology.

DORAEVER

Venture Round in 2020
DORAEVER Co., Ltd. operates an online recruiting site for the transportation and logistic sector. The company engages in the recruitment of drivers. It also provides public relation services for transport companies. The company was founded in 2015 and is based in Saitama, Japan.

WELMO

Series B in 2019
Welmo Inc. provides artificial intelligence service for the care and welfare industry that helps users make decisions. The company develops social resource management for medical, disability, and long term care. It also develops a platform of social resource information with nursing care. In addition, it provides after school services to disabled students. The company was founded in 2013 and is based in Tokyo, Japan with an additional office in Fukuoka.

Startbahn

Series A in 2019
Startbahn, Inc. is a Tokyo-based company founded in 2014 that operates a platform focused on enhancing the art experience in the digital age. The company primarily aims to support artists and those involved in the art sector by providing essential technology and services. Startbahn develops Startbahn Cert., a service that issues blockchain certificates for artworks, and promotes Startrail, a blockchain infrastructure that underpins this certification. In addition to its blockchain initiatives, Startbahn is involved in artwork production, art direction, general planning and consulting, as well as information processing for various digital platforms. The company also offers design services for shops and offices, construction management, and print design, contributing to a more connected and innovative art community.

Housmart

Series A in 2018
Housmart is a real estate media company

Empath

Venture Round in 2018
Empath Inc. is a technology company based in Tokyo, Japan, specializing in artificial intelligence applications that identify emotions from vocal cues in real-time, regardless of language. Founded in 2017, the company offers several products, including the Web Empath API/SDK, which integrates its vocal emotion recognition technology into various user applications. Additionally, Empath provides My Mood Forecast, an employee assistance program that helps individuals assess their mood through voice analysis, and Smart Call Center, which visualizes the emotions of both customers and operators during interactions. The technology detects key emotions such as joy, calm, anger, and sorrow, as well as an energy level, by analyzing various physical properties of voice.

Empath Inc.

Venture Round in 2018
Empath Inc. develops Emotion AI Empath, which can identify emotion from the voice in real-time regardless of language. Empath won 1776 Challenge Cup Tokyo 2017 and Accenture Innovation Award at GITEX 2017 in Dubai.

WELMO

Series A in 2018
Welmo Inc. provides artificial intelligence service for the care and welfare industry that helps users make decisions. The company develops social resource management for medical, disability, and long term care. It also develops a platform of social resource information with nursing care. In addition, it provides after school services to disabled students. The company was founded in 2013 and is based in Tokyo, Japan with an additional office in Fukuoka.

Leeways

Venture Round in 2018
Leeways, Inc. is a technology company based in Shibuya, Japan, that specializes in developing databases for the real estate branding and marketing sector. Founded in 2014, the company offers information processing services that utilize various terminal equipment for functions such as buying, selling, leasing, managing, and mediating real estate transactions. Additionally, Leeways is involved in international real estate operations and incorporates artificial intelligence to enhance its offerings.

Leeways

Venture Round in 2018
Leeways, Inc. is a technology company based in Shibuya, Japan, that specializes in developing databases for the real estate branding and marketing sector. Founded in 2014, the company offers information processing services that utilize various terminal equipment for functions such as buying, selling, leasing, managing, and mediating real estate transactions. Additionally, Leeways is involved in international real estate operations and incorporates artificial intelligence to enhance its offerings.

BlueMeme

Venture Round in 2017
BlueMeme Inc. is a Japanese company that focuses on the development and sales of tools for analyzing enterprise systems, alongside providing consulting services and technical support for OutSystems products. Founded in 2006, BlueMeme offers a range of services that include system development, maintenance, and engineer training, all tailored to business application development using low-code technologies and agile methodologies. The company was a pioneer in introducing the ultra-high-speed development platform OutSystems to the Japanese market in 2012, enabling clients to leverage advanced automatic programming techniques for efficient software solutions.

Arara

Venture Round in 2013
Arara Inc. is a technology solutions provider based in Tokyo, Japan, established in 2006. The company specializes in a range of services including customer relationship management (CRM) solutions that incorporate reward points and e-money functions to enhance consumer engagement. Arara also develops data security solutions, augmented reality services like ARAPPLI and ARAPPLI SIGNAGE, and QR code services, including QRQR - QR Code Reader and QRQR Manager. Additionally, the company offers blockchain solutions and manages high-speed email delivery services through its Arara messaging solutions. With a focus on innovation, Arara aims to deliver enjoyable and convenient services that enhance user experiences globally.

JouleLife

Private Equity Round in 2013
JouleLife CLUB is a membership service that includes equipment rentals that are ideal for dieting and health care benefits.

Metaps

Series A in 2012
Metaps operates as a holding company focused on business incubation and the development of globally competitive enterprises. The company is engaged in three primary areas: fintech, digital marketing, and digital transformation (DX) support. In the fintech sector, it offers comprehensive cashless payment services. Its marketing division provides one-stop digital marketing solutions designed to enhance client visibility and engagement. Additionally, Metaps supports DX initiatives through its software as a service (SaaS) platforms, which include tools for data analysis. The company also emphasizes investment in technology firms and is involved in cloud computing and artificial intelligence to drive innovation and growth.

RISKMONSTER

Venture Round in 2011
Riskmonster is a Credit management ASP, cloud service business and related consulting business and business portal site, digital data technology services, etc.
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