SMBC Venture Capital is the corporate venture capital arm of Sumitomo Mitsui Banking Corporation. Founded in 2005 and headquartered in Tokyo, with an office in Osaka, the firm invests in growth capital and buyouts across multiple sectors. It targets information technology, life sciences, services, and manufacturing, supporting portfolio companies with strategic value and access to SMBC's network and resources.

Mitsubishi UFJ Capital is a Tokyo-based venture capital firm established in 1974 with additional offices in Osaka and Nagoya. It focuses on seed, development stage, and startup investments across healthcare, life sciences, biotechnology, information technology, electronics, artificial intelligence, fintech, SaaS, and other high-technology sectors, with an emphasis on the Japanese market and relevance to Japan. The firm also engages in investment syndication for Japanese opportunities.

Mizuho Capital is a Tokyo-based venture capital firm affiliated with Mizuho Bank, Japan’s second-largest bank by assets. It manages about ¥49.6 billion and focuses on information technology and biotechnology investments, while also backing internet-related services, healthcare, medical, manufacturing and non-manufacturing sectors. The firm traces its origins to a 2002 merger of Fujigin Capital, Tokyo Venture Capital and IBJ Investment, and its predecessors were subsidiaries of Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan. It is regarded as one of Japan’s leading venture capital firms, with more than 600 Mizuho companies having gone public.

Global Brain is a Tokyo-based venture capital firm founded in 1998 that backs technology companies from seed stage through growth rounds. It targets a broad range of sectors including AI, cloud and software, fintech, robotics, life sciences, media, and mobility, and pursues global investments across Europe, North America, Africa and Asia-Pacific. The firm emphasizes hands-on support and resources for portfolio companies, aiming to help them scale beyond financing. It operates a pure investment fund alongside corporate venture funds formed with leading public companies across telecom, real estate, financial services, beverages, agriculture and food, logistics, and electronics.

SBI Investment is the corporate venture capital arm of SBI Holdings, based in Tokyo, Japan. It specializes in venture capital and growth capital investments, supporting the development and growth of private companies through fund investments and management of venture funds. The firm targets technology-driven sectors including information technology, artificial intelligence, fintech, blockchain, security, e-commerce, biotechnology and healthcare, life sciences, environmental energy, and related areas, with selective cross-border opportunities in China and Southeast Asia. Since its founding in 1996, it has invested in hundreds of companies, and many investments have exited through IPOs or mergers and acquisitions. The firm seeks long-term value creation by partnering with entrepreneurs at various stages and by providing strategic and financial support to scale operations.

JAFCO is a Tokyo-based investment management firm established in 1973 that invests in private equity across Japan, Asia and the United States, with a focus on venture and buyout opportunities in technology-related sectors. It supports portfolio companies with financing and hands-on resources, including human resources, marketing and back-office operations. The firm maintains a broad Asia-Pacific footprint with offices in Singapore, Hong Kong, Taipei, Seoul and Beijing, and has a long track record of exits in its technology portfolio. It has mobilized substantial capital commitments across its funds and backs entrepreneurs to translate ideas into scalable businesses.

Nissay Capital is a Tokyo-based venture capital firm founded in 1991 that provides funding across seed, start-up, growth, middle, and later-stage investments, focusing on information technology, manufacturing, medical, distribution, and retail sectors.

Itochu is a leading Japanese general trading company established in 1858 by Chubei Itoh. As a sogo shosha, it conducts domestic and international trading across sectors including textiles, machinery, chemicals, metals, energy, food, and general merchandise, and engages in related services such as insurance, finance, construction, real estate, and warehousing. The group maintains a broad global footprint with offices in more than 80 countries and operates across investment and business ventures to support its trading activities. Through its information technology and other business units, Itochu also sponsors strategic ventures and partnerships, leveraging its extensive network to create value across industries. The company emphasizes diversified operations, long-term relationships with suppliers and customers, and growth across traditional trade, consumer products, and energy-related sectors.

ANRI is a Tokyo-based Japanese venture capital firm founded in 2012 that backs seed and early-stage startups across a broad range of sectors, including information technology, software, hardware, energy, blockchain, life sciences, robotics, media, telecom, and business services. The firm manages multiple funds, including those focused on minority- and women-owned businesses and climate tech, with investments in areas such as solar and wind power, energy storage, hydrogen, CCUS, and artificial photosynthesis. ANRI pursues early-stage opportunities in tech-enabled industries and supports founders from inception through growth, seeking to back diverse teams and innovative business models.

Incubate Fund is a seed and early-stage venture capital firm founded in 2010 and based in Tokyo, Japan, with an office in Singapore, that backs technology startups across Asia and North America. It concentrates on providing initial capital to entrepreneurs building software, platforms and digital services in sectors such as media, entertainment, gaming, online commerce, logistics, medical, financial services, real estate and housing, with a preference for mobile, social and web-based offerings. The firm has built a portfolio of over 300 companies in Asia and has helped portfolio firms reach public markets or achieve exits through M&A since its inception, reflecting an active role in funding and supporting growth-oriented ventures. Through its international footprint and early-stage focus, it supports founders through initial rounds and strategic guidance to accelerate development and scale.

MITSUI SUMITOMO INSURANCE Venture Capital is a venture capital firm that invests in Japanese and global startups aiming for IPO. It focuses on companies in fintech, SaaS, healthcare, artificial intelligence, e‑commerce, foodtech, and environmental technology.

Nippon Venture Capital is a Tokyo-based venture capital firm founded in 1996 and serves as the corporate venture capital arm of Nippon Telegraph and Telephone. It engages in incubation, start-up and early-stage investments, supporting ventures across sectors such as communications, software, systems, devices, life sciences and environmental technologies, and also areas like brain information science, brain-computer interfaces, life-support robotics and wireless power. The firm collaborates with major Japanese business leaders and leading companies to nurture new ventures and aims for exit through IPO or sale of portfolio company stock.

Drone Fund is a Tokyo-based venture capital firm investing in drones and related technologies. It provides capital investment and financing and supports portfolio companies with services such as intellectual property strategy, innovation planning, and drone policy guidance, aiming to build a drone ecosystem where startups and partners can benefit from collaboration and resources.

Globis Capital Partners is a Tokyo-based venture capital firm that focuses on venture and mid-market investments in technology companies across Japan, including consumer and business sectors. Linked to the Globis Group, it blends local market presence with Western venture capital experience to offer hands-on support and industry expertise.

STRIVE, formerly known as GREE Ventures, is the venture capital arm of Gree, focused on seed and early-stage investments in Internet and mobile services. Headquartered in Tokyo with a Singapore office, it backs pre-Series A and Series A rounds and prefers to support B2B, e-commerce, advertising technology, social platforms, and other smart device apps. The firm primarily targets Japan and Southeast and East Asia, including Indonesia, Singapore, and India, using its pan-Asia expertise to guide portfolio companies. Typical investments range from approximately 0.3 to 2 million USD in Southeast Asia and 0.5 to 3 million USD in East Asia. Established in 2011, STRIVE aims to help early-stage startups grow through hands-on guidance and regional networks.

DNX Ventures is a San Mateo-based venture capital firm founded in 2011, with an additional office in Tokyo. It backs early-stage B2B startups, typically at seed and Series A rounds, across the United States and Japan, with focus areas including SaaS/cloud, cybersecurity, deep tech, sustainability, hardware, retail, and finance. The firm operates as a registered investment adviser and leverages a CXO network to help portfolio companies validate product-market fit and connect with Fortune 500 firms, enabling partnerships and commercial opportunities.

Dentsu Innovation Partners is the corporate venture capital arm of Dentsu Group, based in Tokyo, Japan. It is specialized in the digital domain and makes strategic investments across sectors, including professional services, education, marketplaces and platforms, food tech, and real estate, with the aim of creating a worldwide digital business market and expanding the Dentsu Group's digital businesses.

Spiral Ventures is a venture capital firm with origins in IMJ Investment Partners and a 2017 rebranding to operate independently from Singapore, with a Tokyo office and an Asia-Pacific focus. It backs seed to growth-stage technology companies across Southeast Asia, Japan, and beyond, with interests in mobile, internet platforms, software, AI, IoT, and healthcare. The firm supports startups in scaling, market access, and international expansion, leveraging its regional network in Singapore, Jakarta, and Tokyo.

Genesia Ventures is a Tokyo-based venture capital firm focused on seed and early-stage investments in Japan and Southeast Asia. Founded in 2016, it has backed more than 90 companies across Japan, Indonesia, Vietnam, Singapore and the United States. The firm targets software-enabled businesses and tech-enabled sectors such as digital media, AI, robotics, drones, AR/VR, information technology, manufacturing, real estate technology, space technologies, and related areas, with a broad portfolio spanning SaaS, marketplaces, fintech, healthcare, education, and other digital sectors. Genesia Ventures operates from Tokyo and maintains offices in Jakarta and Ho Chi Minh City, supporting portfolio companies through regional and cross-border growth.

Archetype Ventures is a Tokyo, Japan-based venture capital firm that backs seed to early-stage technology startups. It focuses on B2B software and information technology, fintech, AI and deep tech, healthcare, sustainability, and marketing technology, with investments spanning Asia and the Americas.

Monex Ventures is a venture capital firm based in Tokyo, Japan, founded in 2005, that provides seed and early-stage capital to startup companies across business products and services, consumer products and services, and technology sectors.

Energy & Environment Investment is a Tokyo-based venture capital and impact investment firm focused on the environment and energy sectors, with a specialty in clean technology. Founded in 2006, it is noted as Japan's first venture capital dedicated to clean technology, and its core team brings hands-on experience in founding and managing venture companies, providing risk capital and strategic guidance to promising environmental and energy ventures.

WiL (World Innovation Lab) is a venture capital firm headquartered in Palo Alto with a Tokyo office, founded in 2013. It invests across seed to growth stages in technology companies in the United States and Japan, and broader Asia, focusing on sectors including consumer products and services, information technology, artificial intelligence and machine learning, SaaS, fintech, insurtech, cybersecurity, cloud infrastructure, developer tools, industrials, health tech, wellness and sustainability. The firm aims to bridge startups with corporate and government partners to accelerate global growth, helping U.S. and European startups scale with Japanese partners and enabling Japanese ventures to expand internationally. WiL collaborates with corporate investors to advance innovation capabilities, supports new business creation, partnerships and organizational change, and acts as a cross-border catalyst across key innovation hubs. It also pursues investments in venture funds and provides support to LPs in corporate venture initiatives.

Coral Capital is a Tokyo-based venture capital firm founded in 2019 that backs seed- and early-stage startups in Japan. It concentrates on information technology and software, including SaaS, digital transformation, fintech, insurance, healthcare, robotics, and deep tech, and seeks opportunities primarily in the Japanese market. The firm typically makes initial investments ranging from 30 million to 500 million yen, with potential follow-on investments up to 2 billion yen. Coral Capital offers a full-service approach to investing, supporting portfolio companies through early growth and scale.

Beyond Next Ventures is a Tokyo-based venture capital firm established in 2014 that supports seed-stage and early-growth-stage companies in Japan and India. It focuses on deep tech and science-driven ventures across sectors including agriculture, food tech, climate tech, digital, space, drug discovery, biotech, electronics, robotics, medtech, and healthcare, with the aim of nurturing transformative technology and bringing innovations to market to benefit society.

BEENEXT is a Singapore-based venture capital firm founded in 2015 that backs early-stage technology startups. It focuses on seed and Series A rounds across the United States, Southeast Asia, Japan and India, with emphasis on information technology, enterprise software as a service, fintech and other tech-enabled sectors. The firm supports founders with operating experience, network and capital, and aims to build a platform of founders by founders for founders worldwide. Since inception, BEENEXT has invested in hundreds of companies globally, spanning domains such as AI, analytics, agritech, cloud infrastructure, cloud kitchen, e-commerce, edtech, health tech, insurtech, mobility and proptech.

Aozora Corporate Investment is the corporate venture capital arm of Aozora Bank in Tokyo, Japan. It invests in Japanese small and medium-sized enterprises to support domestic growth.

East Ventures is a venture capital firm founded in 2009 and based in Singapore, investing in technology startups across Southeast Asia, including Singapore and Indonesia. It provides early-stage investments and, as described by sources, supports a multi-stage approach from seed to growth across sectors such as e-commerce, software, fintech, health tech, edtech, crypto, logistics, and AI. The firm has backed notable Southeast Asian tech companies, illustrating an active role in developing the regional startup ecosystem and supporting portfolio companies through growth in dynamic markets.

Japan Post Capital is the corporate venture capital arm of Japan Post Holdings, based in Tokyo, Japan. Founded in 2017, it focuses on strategic investments in companies that operate near the Japan Post Group’s core businesses and related startups. The organization seeks opportunities that can complement and collaborate with the group’s operations, providing capital and potential synergy while supporting early and growth-stage ventures aligned with Japan Post Holdings’ strategic interests.

Kyoto University Innovation Capital is the venture investment arm of Kyoto University, established in 2014 to provide investment and support to startups that commercialize knowledge and research outcomes from Kyoto University and other Japanese national universities. Based in Kyoto, Japan, the firm focuses on seed to early-stage investments and seeks ventures across healthcare, medical devices, biotechnology, drug discovery, Internet of Things, artificial intelligence, machinery, clean technology, energy, new materials, food, and agriculture, including spin-off outcomes from university research.

Osaka University Venture Capital is the corporate venture arm of Osaka University, based in Osaka, Japan. Founded in 2014, it focuses on early-stage ventures across life sciences and healthcare, environment and energy, industrial machinery and materials and infrastructure, information technology, as well as life and green innovations and platform technology.

DBJ Capital is the corporate venture capital arm of the Development Bank of Japan, based in Tokyo. Established in 2010 from the integration of two DBJ venture firms, it mobilizes the DBJ Group to provide growth equity and financing solutions for technology-driven firms, spanning information technology services, biotechnology, healthcare, frontier technologies, and other industrial sectors. It invests in venture firms and startups that use new technologies and business models to compete globally, while offering hands-on value enhancement to help commercialize intellectual property and technologies developed by companies, research labs, and universities. Through its activity, DBJ Capital supports Japan's economic revival by fostering growth and helping innovative firms establish a market presence.

Daiwa Corporate Investment is a Tokyo-based venture capital firm affiliated with Daiwa Securities Group. It invests across Asia in sectors including business-to-business, business-to-consumer, financial services, healthcare and information technology. The firm leverages Daiwa's extensive Japan and international network to support overseas portfolio companies, including guidance on growth strategies and pursuing stock market listings where appropriate.

YJ Capital was the corporate venture capital arm of Yahoo Japan. Founded in 2012, it invested in artificial intelligence and software across all stages and sectors in Asia, the United States, and Israel, leveraging Yahoo Japan's operational experience and market-entry support. The firm operated with a single limited partner, enabling rapid decision making. On April 1, 2021, YJ Capital merged with LINE Ventures to form Z Venture Capital, integrating its portfolio and approach into the new entity.

Chiba Dojo is a Tokyo-based venture capital firm and entrepreneurial community that supports startups from seed to later stages. It invests in Japan and Southeast Asia across information technology, consumer products and services, and growth areas such as blockchain, robotech, Internet of Things, and artificial intelligence, providing funding, strategic guidance, and access to a broad startup ecosystem.

FFG Venture Business Partners is the corporate venture capital arm of Fukuoka Financial Group, based in Fukuoka, Japan. Established in 2016, it functions as the bank's venture investment arm and focuses on strategic investments across life sciences, fintech, deep tech, energy, space, the Internet of Things, artificial intelligence, consumer services, and mobility.

Cool Japan Fund is an investment firm established in 2013 and based in Tokyo, Japan. As a public-private fund, it provides risk capital to companies across media and content, food and services, and fashion and lifestyle, with the aim of promoting overseas demand for high-quality Japanese products and services and supporting international expansion of Japanese brands.

Eight Roads Ventures is a global venture capital firm and the corporate venture capital arm of Fidelity International, with offices in the United Kingdom, China, India, Japan and the United States. It manages a substantial asset base and has backed hundreds of companies across technology, healthcare, financial services and consumer technologies, including software, SaaS, enterprise tech and fintech. The firm typically makes early to growth‑stage investments, often takes minority stakes and seeks board representation in its portfolio companies. With an international footprint, Eight Roads Ventures supports growth across Europe, Asia and North America, including Greater China, and collaborates with associated funds to back technology‑driven businesses.

GMO Venture Partners, established in 2005 and based in Tokyo, Japan, is the corporate venture capital arm of GMO Internet Group. It focuses on early and growth stage investments in sectors such as e-commerce, fintech, financial services, ad-tech, and enterprise SaaS. The firm has a significant presence in various regions, including Japan, China, Vietnam, Singapore, the Philippines, Thailand, Indonesia, and the United States. Over the years, GMO Venture Partners has invested in more than 50 startups, with eight of these companies successfully going public.

XTech Ventures is a venture capital firm based in Tokyo, Japan, founded in 2018. It concentrates on seed and early-stage investments in business-to-business, business-to-consumer, and technology sectors, including information technology. The firm provides entrepreneurship guidance, comprehensive management support, and IPO preparation to help investee companies grow and scale. Through its activity in Tokyo, XTech Ventures aims to back ambitious startups at the formative stages of development.

CyberAgent Capital is the corporate venture capital arm of CyberAgent, headquartered in Tokyo, Japan. Founded in 2006, it pursues seed- and early-stage investments in technology companies across Asia-Pacific and the United States, with a focus on internet and information technology sectors. The firm maintains a regional footprint in Asia, including South Korea, China, Indonesia, Taiwan, Thailand and Vietnam, and provides strategic support to startups as they scale.

Innovation Engine is a Tokyo-based venture capital firm founded in 2001 that targets investments in technology-driven startups across Japan. The firm backs companies operating in energy, environment, advanced materials, microfabrication, B2C and B2B technology, consumer goods, healthcare, fintech, security compliance, robotics, and information devices.

IMM Investment is a Seoul-based independent private equity and venture capital firm established in 1999. The company engages in mezzanine and growth investments and pursues opportunities in mergers and acquisitions, venture capital, corporate restructuring, private equity, industry consolidation, management buyouts, spin-offs, recapitalizations, and cross-border transactions. It concentrates on medium-sized companies operating in information technology infrastructure, wireless communications, software, contents, and other technology-enabled sectors, with a particular emphasis on information technology, healthcare/biotech, and manufacturing. The firm typically takes an active role in governance and strategic direction and focuses on opportunities within South Korea and cross-border contexts. IMM Investment aims to support portfolio companies through growth, expansion, and consolidation, leveraging its long-standing relationships with institutional investors and investment professionals.

Yamaguchi Capital serves as the corporate venture arm of Yamaguchi Financial Group. Established in 1996 and based in Yamaguchi Prefecture, Japan, it pursues investments in Japan-based early-stage companies across sectors including consumer, healthcare, information technology, LOHAS, and wellness.

Angel Bridge is an investment company based in Tokyo, Japan, focusing on principal investments in early-stage technology companies across a range of sectors. Founded in 2015, the firm targets up to one billion yen per portfolio company and seeks exits through IPOs or mergers and acquisitions.

Mobile Internet Capital is a Tokyo-based venture capital firm established in 1999. It invests in seed to later-stage opportunities within the mobile and information and communications technology sectors, emphasizing smartphones, mobile broadband, content, social media, and related platforms. The firm also seeks opportunities in fintech as well as environment and energy applications. While primarily focused on Japan, it makes select investments in China and the United States. The firm supports next-generation ICT ventures across multiple stages, drawing on technical expertise and execution capability to help portfolio companies grow.

Femto Partners is a Tokyo-based venture capital firm that backs early-stage information technology and internet-related startups in Japan. It provides strategic guidance, helps assemble teams, grows customer bases, and attracts new investors for its portfolio companies. Founded in 2017, the firm supports entrepreneurs and management teams in turning innovative ideas into scalable businesses, with a focus on Tokyo-based opportunities within Japan.

Z Venture Capital is the corporate venture capital arm of a major Japanese internet and commerce group, based in Tokyo. It funds startups across multiple sectors, including commerce, fintech, media, software as a service, data, crypto, healthcare, human resources, educational technology, cybersecurity, internet advertising, smartphone apps, and cloud computing, with activity in Japan and international markets. Founded in 2012, the firm pursues follow-on investments up to 3 billion yen per portfolio company.

Bank of Yokohama is a regional bank in Japan primarily serving Kanagawa Prefecture and southwestern Tokyo. Founded in 1920 to serve customers after a wave of bank failures, it traces its lineage to an earlier institution established in 1869 and claims the longest history of any Japanese bank. The bank offers general banking services to individuals and corporations, including credit cards, loans and housing finance, as well as life insurance, venture capital, investment trusts, inheritance-related services and advisory support.

PE&HR is a private equity and venture capital firm based in Tokyo, Japan, with additional offices in Nagano and Higashimatsuyama. Founded in 2003, it concentrates on incubation, start-up, and early-stage investments in industries such as human resources, internet, healthcare, information technology, mobile, and social commerce, aiming to support emerging companies from concept to growth. The firm typically invests around 10 million to 50 million yen per portfolio company.