Aozora Corporate Investment

Aozora Corporate Investment is an investment firm established in 2018 as the corporate venture capital arm of Aozora Bank, located in Tokyo, Japan. The firm focuses on making investments primarily in the alcoholic beverages and food sectors, aiming to support innovative companies within these industries. By leveraging its affiliation with Aozora Bank, the firm seeks to identify and nurture growth opportunities that align with its strategic interests.

Akifumi Kubo

President and CEO

Past deals in Japan

SmartRound

Venture Round in 2025
Smartround Inc. is a financial management platform based in Tokyo, Japan, that connects entrepreneurs with investors to facilitate fundraising activities. Founded in 2018, the platform allows startups to create funding plans, simulate capital increases, and manage communications with shareholders even after financing rounds are completed. Entrepreneurs can easily input necessary information and access guided support, while investors can view startup information, manage due diligence, and handle contract negotiations all within the same interface. Smartround aims to streamline the complexities of entrepreneurial financing and investor management, making it accessible for those unfamiliar with financial processes.

SmartRound

Debt Financing in 2025
Smartround Inc. is a financial management platform based in Tokyo, Japan, that connects entrepreneurs with investors to facilitate fundraising activities. Founded in 2018, the platform allows startups to create funding plans, simulate capital increases, and manage communications with shareholders even after financing rounds are completed. Entrepreneurs can easily input necessary information and access guided support, while investors can view startup information, manage due diligence, and handle contract negotiations all within the same interface. Smartround aims to streamline the complexities of entrepreneurial financing and investor management, making it accessible for those unfamiliar with financial processes.

KiteRa

Debt Financing in 2024
KiteRa Co., Ltd., founded in 2019 and based in Minato, Japan, develops and operates a cloud-based software as a service (SaaS) solution designed to streamline the management of employment and internal rules. The KiteRa platform allows organizations to diagnose, create, and publish work rules that align with evolving legal requirements and support work style reforms. By providing a centralized system for the creation and revision of these regulations, KiteRa enhances efficiency in managing internal policies and ensures timely updates for employees.

United Immunity

Debt Financing in 2024
United Immunity, Co., Ltd., established on November 27, 2017, and headquartered in Tsu, Japan, specializes in the research, development, manufacture, and sales of pharmaceuticals, with a primary focus on cancer immunotherapy. The company is known for its innovative use of nanoparticles and lipid nanoparticles to target myeloid cells, facilitating the delivery of therapeutic agents directly to macrophages and dendritic cells. This technology supports the development of treatments for a range of conditions, including cancer, autoimmune diseases, fibrosis, and infectious diseases. United Immunity aims to advance therapeutic options and improve patient outcomes through its specialized research and development efforts.

OpenLogi

Series D in 2024
OpenLogi Inc. is a Tokyo-based logistics platform established in December 2013, designed specifically for small and medium-sized enterprises (SMEs) and freelancers. The company offers an outsourced logistics solution that includes features such as warehouse inspection, storage, shipping, and management of returned merchandise, all accessible through a user-friendly dashboard. By leveraging unused warehouse assets and optimizing logistics operations, OpenLogi provides affordable rates and innovative technology to streamline warehouse control systems. Founded by Hidetsugu Ito, who previously worked on the Japanese magazine subscription service Fujisan.co.jp, OpenLogi aims to address the logistics challenges faced by small e-commerce businesses in Japan.

FLUX

Series B in 2023
FLUX Inc. is a company that specializes in developing digital marketing solutions aimed at optimizing the online customer experience. Founded in 2018 and based in Shibuya-ku, Japan, FLUX offers a range of products, including the FLUX Header Bidding Solution, which enhances advertising revenue by fostering fair competition among advertisers. Additionally, the FLUX LTV Analytics tool utilizes statistics and machine learning to analyze customer data, allowing businesses to predict customer lifetime value with limited data sets. The company's Digital Experience Platform (DXP) further empowers online businesses by personalizing interactions across all digital touchpoints through its proprietary digital identification technology.

Asobica

Venture Round in 2022
Asobica, Inc. is a Japan-based company focused on the planning, development, and management of Internet businesses. It operates a platform called fever, which is designed to issue community coins and foster community engagement. Asobica aims to enhance user loyalty and corporate growth through innovative software solutions that offer features such as customer relationship management, customer analysis, and application programming interface integration. By leveraging technology and the power of the Internet, Asobica seeks to transform traditional industries and create engaging products that inspire enthusiasm and improve user experiences.

IoTBASE

Seed Round in 2021
IoTBASE Inc. is a technology company that specializes in developing a cloud-based Internet of Things (IoT) integration platform. Established in 2015 and headquartered in Tokyo, Japan, IoTBASE offers a suite of services designed to facilitate the connection of sensors and applications through its IoTBASE Cloud. The platform includes tools such as Planner for device and application management, Manager for integrated device management, and Canvas for visualizing data generated by sensors. By focusing on IoT cloud services, IoTBASE supports companies in their digital transformation efforts and aims to enhance its product offerings to drive business growth, leveraging its accumulated expertise in IoT development.

Clue

Debt Financing in 2020
CLUE, Inc. is a technology startup based in Tokyo, Japan, founded in 2014. The company specializes in developing drone automation software and offers a range of products aimed at various sectors. Notable offerings include DroneRoofer, which facilitates exterior roof inspections and construction surveying, and Drone Construction Management, a software solution for remote construction inspections that supports cloud collaboration on captured images. Additionally, CLUE, Inc. provides Drone View-kun, a software designed for photographing condominiums and properties using drones. Through these innovations, the company aims to enhance efficiency and accuracy in construction and property management.

OpenLogi

Debt Financing in 2020
OpenLogi Inc. is a Tokyo-based logistics platform established in December 2013, designed specifically for small and medium-sized enterprises (SMEs) and freelancers. The company offers an outsourced logistics solution that includes features such as warehouse inspection, storage, shipping, and management of returned merchandise, all accessible through a user-friendly dashboard. By leveraging unused warehouse assets and optimizing logistics operations, OpenLogi provides affordable rates and innovative technology to streamline warehouse control systems. Founded by Hidetsugu Ito, who previously worked on the Japanese magazine subscription service Fujisan.co.jp, OpenLogi aims to address the logistics challenges faced by small e-commerce businesses in Japan.

Insight Core

Venture Round in 2019
Insight Core Inc. specializes in the development and management of a customer relationship management (CRM) platform known as Insight Core. Founded on September 18, 2003, and headquartered in Tokyo, Japan, the company focuses on creating tailored store promotion applications for various business sectors, including apparel, restaurants, and retail. Insight Core's platform offers efficient application development and flexible customization, allowing businesses to attract and retain customers with minimal effort. The company aims to enhance customer management by providing a comprehensive suite of services that streamline the customer acquisition process.

Golf Digest Online

Venture Round in 2003
Golf digest online is an online golf store that provides service to Japan and sells golf gear, apparel, and accessories.
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