DNX Ventures

DNX Ventures is a San Mateo–based venture capital firm founded in 2011. It invests in Seed and Series A B2B startups, with activities in the United States and Japan and an office in Tokyo. The firm focuses on SaaS and cloud, cybersecurity, deep tech, sustainability, hardware, retail, and finance. It emphasizes helping early-stage companies validate product–market fit and secure their first customers by leveraging a CXO network and partnerships with Fortune 500 companies. DNX Ventures also provides strategic guidance and operational insight to portfolio companies as they grow. The organization operates as an investment adviser and supports founders through active involvement in building customer relationships and scaling business development.

Kris Harms

Principal

Mitch Kitamura

Managing Partner

Akira Kurabayashi Ph.D

Managing Partner and Head of Japan

Yo Kurabayashi

Managing Partner

Q Motiwala

Founder and Managing Director

Past deals in Japan

Rehasaku

Venture Round in 2023
Rehasaku Co., Ltd. is a Japan-based company established in 2018, specializing in rehabilitation services. It operates a hospital that integrates advanced technology to support medical professionals, such as physiotherapists and judo rehabilitation practitioners, in delivering care. Rehasaku also offers a cloud-based web service designed to assist stay-at-home patients by providing digital counseling. This service facilitates the prescription of evidence-based exercise regimens and enables the sharing of instructional content through videos and written materials. By focusing on enabling patients to engage in self-treatment and rehabilitation at home, Rehasaku aims to enhance the effectiveness and accessibility of rehabilitation services.

Techtouch

Series B in 2023
Techtouch, Inc., founded in 2018 and based in Tokyo, Japan, specializes in developing an intuitive website user manual called TechTouch. The company's software enhances system education for employees, supports burden reduction, and promotes system utilization by overlaying explanation guidance on existing web systems. This is achieved through a plug-in introduced on the web browser side and JavaScript on the server-side. Techtouch's platform minimizes operational stress by displaying real-time navigation directly on the screen of running web systems, enabling businesses to handle complex operations accurately and efficiently.

Spacely

Venture Round in 2022
Founded in Tokyo, Japan in 2013, Spacely develops cloud-based software for creating and editing virtual reality (VR) content using 360-degree camera photos. Its intuitive platform caters to various industries such as real estate, tourism, and retail.

Tsunagu.AI

Seed Round in 2020
Tsunagu.AI is a Japanese company based in Chiyoda, founded in 2017, specializing in artificial intelligence-based software solutions for web development. Their primary product, Front-end.AI, is a low-code service designed to streamline website development by automating simple tasks and enabling users to understand design through the combination of multiple machine learning models, including deep learning. This allows web engineers to focus on more complex aspects of their work, enhancing overall efficiency in front-end development.

KAKEHASHI

Venture Round in 2020
KAKEHASHI Inc. is a Tokyo-based company established in 2016 that specializes in developing software as a service (SaaS) applications tailored for health insurance claim and drug history management, specifically designed for dispensing pharmacists using iPads. The company's mission is to bridge the gap between medical treatment and patients, aiming to enhance the healthcare landscape in Japan, which is known for its advanced medical technology and systems. As Japan faces a rapidly aging population, with projections indicating that by 2060, a significant portion of the population will be over 65, KAKEHASHI is committed to innovating healthcare solutions that support and improve the quality of life for this demographic, thereby contributing to the future of medical care in the country.

Xica

Series D in 2020
Founded in Tokyo, Japan in 2012, Xica specializes in applied data science. It offers MAGELLAN, Japan's leading Marketing Mix Modeling tool, supporting over 200 major brands. The company automates, visualizes, and optimizes both offline and online marketing effectiveness.

BeaTrust

Seed Round in 2020
Founded in Tokyo, Japan in 2020, BeaTrust develops a collaboration platform that enables employees to discover colleagues' skills, interests, and experiences, fostering connections across departments and driving innovation.

ANDPAD

Venture Round in 2020
ANDPAD is a construction project management software company that streamlines field management and on-site operations for construction projects in Japan. Its platform centralizes information on drawings, materials, processes, site photos, and personnel to support on-site efficiency and project oversight. The company was founded in 2012 as OCT and later renamed ANDPAD, and is headquartered in Tokyo, with offices in Chiyoda, Osaka, Fukuoka, and Sendai.

Techtouch

Series A in 2020
Techtouch, Inc., founded in 2018 and based in Tokyo, Japan, specializes in developing an intuitive website user manual called TechTouch. The company's software enhances system education for employees, supports burden reduction, and promotes system utilization by overlaying explanation guidance on existing web systems. This is achieved through a plug-in introduced on the web browser side and JavaScript on the server-side. Techtouch's platform minimizes operational stress by displaying real-time navigation directly on the screen of running web systems, enabling businesses to handle complex operations accurately and efficiently.

Overflow

Seed Round in 2020
Founded in Tokyo, Japan in 2017, Overflow specializes in providing information services and consultancy focused on enhancing consumers' financial knowledge and efficiency. Its platform offers job matching services for engineers and designers, comprehensive money management information, and strategic consulting in internet media.

Resily

Series A in 2020
Resily develops a cloud-based OKR (Objectives and Key Results) tool that helps businesses set strategies, plans, and track progress. Its platform facilitates communication and collaboration across teams by providing a mechanism for sharing actions towards achieving company goals.

Rehasaku

Series A in 2019
Rehasaku Co., Ltd. is a Japan-based company established in 2018, specializing in rehabilitation services. It operates a hospital that integrates advanced technology to support medical professionals, such as physiotherapists and judo rehabilitation practitioners, in delivering care. Rehasaku also offers a cloud-based web service designed to assist stay-at-home patients by providing digital counseling. This service facilitates the prescription of evidence-based exercise regimens and enables the sharing of instructional content through videos and written materials. By focusing on enabling patients to engage in self-treatment and rehabilitation at home, Rehasaku aims to enhance the effectiveness and accessibility of rehabilitation services.

KAKEHASHI

Series B in 2019
KAKEHASHI Inc. is a Tokyo-based company established in 2016 that specializes in developing software as a service (SaaS) applications tailored for health insurance claim and drug history management, specifically designed for dispensing pharmacists using iPads. The company's mission is to bridge the gap between medical treatment and patients, aiming to enhance the healthcare landscape in Japan, which is known for its advanced medical technology and systems. As Japan faces a rapidly aging population, with projections indicating that by 2060, a significant portion of the population will be over 65, KAKEHASHI is committed to innovating healthcare solutions that support and improve the quality of life for this demographic, thereby contributing to the future of medical care in the country.

Flow Solutions

Seed Round in 2019
Flow Solutions, Inc., founded in 2016 and headquartered in Yokohama, Japan, specializes in the development of an AI-powered platform known as InSight. This platform is designed to analyze store performance within the retail industry by integrating data from various retail analytic tools. Flow Solutions aims to empower retail executives by providing actionable insights that support data-centric decision-making. Additionally, the company facilitates data communication across retail chains using IoT and other retail data sources, helping businesses explore alternatives to improve their operations and strategies.

Techtouch

Seed Round in 2019
Techtouch, Inc., founded in 2018 and based in Tokyo, Japan, specializes in developing an intuitive website user manual called TechTouch. The company's software enhances system education for employees, supports burden reduction, and promotes system utilization by overlaying explanation guidance on existing web systems. This is achieved through a plug-in introduced on the web browser side and JavaScript on the server-side. Techtouch's platform minimizes operational stress by displaying real-time navigation directly on the screen of running web systems, enabling businesses to handle complex operations accurately and efficiently.

ANDPAD

Series B in 2019
ANDPAD is a construction project management software company that streamlines field management and on-site operations for construction projects in Japan. Its platform centralizes information on drawings, materials, processes, site photos, and personnel to support on-site efficiency and project oversight. The company was founded in 2012 as OCT and later renamed ANDPAD, and is headquartered in Tokyo, with offices in Chiyoda, Osaka, Fukuoka, and Sendai.

HERP

Series A in 2019
Founded in 2017, HERP designs and develops a recruitment management platform that streamlines digital talent acquisition. Its platform, HERP ATS, enables on-site employees to engage in the recruitment process, facilitates communication with recruiting media, Slack, and Chatwork, manages interview scheduling, and optimizes talent pool management.

Hubble Japan

Venture Round in 2019
Hubble Japan is a company that specializes in developing cloud-based software for the management and storage of legal documents. Founded in 2016 and headquartered in Tokyo, the company offers a platform that facilitates the exchange, management, and sharing of legal documents for organizations of all sizes and industries. Hubble's software integrates with various electronic signing services, including CloudSign and DocuSign, allowing for seamless document processing. The platform is designed to automatically organize and manage document histories, track changes, and revert to previous versions, thereby enhancing productivity and reducing legal and contract-related friction. Hubble Japan aims to streamline the document management process with user-friendly features that cater to the needs of its clients.

TableCheck

Venture Round in 2019
TableCheck Inc, founded in 2011 and based in Chuo-ku, Japan, develops a mobile application that offers restaurant information and booking options. The company's software includes table management and customer relationship management features, enhancing guest engagement, reservations, and table utilization for restaurants worldwide. TableCheck analyzes restaurant data to create vibrant dining experiences and provides tools that enable seamless customer interactions from the moment of reservation.

Spacely

Series A in 2019
Founded in Tokyo, Japan in 2013, Spacely develops cloud-based software for creating and editing virtual reality (VR) content using 360-degree camera photos. Its intuitive platform caters to various industries such as real estate, tourism, and retail.

ANDPAD

Venture Round in 2019
ANDPAD is a construction project management software company that streamlines field management and on-site operations for construction projects in Japan. Its platform centralizes information on drawings, materials, processes, site photos, and personnel to support on-site efficiency and project oversight. The company was founded in 2012 as OCT and later renamed ANDPAD, and is headquartered in Tokyo, with offices in Chiyoda, Osaka, Fukuoka, and Sendai.

Pocket Change

Venture Round in 2019
Pocket Change Inc., established in 2015 and headquartered in Tokyo, Japan, specializes in converting leftover coins, bills, and foreign currency into electronic money, gift codes, and coupons. The company operates through kiosks strategically placed at airports and train stations, offering a convenient service for travelers to exchange their unused currency into more usable forms.

Trajectory

Venture Round in 2019
Trajectory is a Tokyo-based company that develops and researches an AI-driven air traffic control system for unmanned aerial vehicles. Founded in 2018, it aims to enable safe, fully autonomous UAV operations by automatically generating flight routes for multiple drones and coordinating their trajectories to improve efficiency and aerial mobility. The company’s products include long-endurance automated drones and related control software that facilitate easy and safe UAV use, addressing customer needs and social challenges through enhanced connectivity. Through its autonomous navigation platform, Trajectory seeks to provide a scalable environment where UAVs can operate reliably and safely for a variety of applications.

Resily

Seed Round in 2019
Resily develops a cloud-based OKR (Objectives and Key Results) tool that helps businesses set strategies, plans, and track progress. Its platform facilitates communication and collaboration across teams by providing a mechanism for sharing actions towards achieving company goals.

UsideU

Seed Round in 2018
UsideU, Inc. is a technology firm based in Tokyo, Japan, that specializes in developing artificial intelligence-enabled digital dispatch services. Founded in 2017, the company utilizes reinforcement learning technologies to create innovative solutions aimed at addressing the service worker shortage faced by various industries. UsideU's platform facilitates remote communication and multi-modal automated interactions, enabling effective collaboration between human agents and robotic systems. Its products are designed to enhance the efficiency of customer service operations, particularly in the context of sales and guidance, by incorporating advanced features such as voice, touch, and facial recognition. The company's efforts are particularly relevant in light of demographic challenges, such as declining birth rates and an aging population, as well as increasing inbound demand for services.

Zehitomo

Series A in 2018
Zehitomo is a Japanese online marketplace and matching platform that connects clients with local service professionals across categories such as photography and personal training. Founded in 2015 and based in Tokyo, the company operates a fee-based platform that enables users to hire professionals and helps local service providers grow their businesses through high-volume bookings.

KAKEHASHI

Series A in 2018
KAKEHASHI Inc. is a Tokyo-based company established in 2016 that specializes in developing software as a service (SaaS) applications tailored for health insurance claim and drug history management, specifically designed for dispensing pharmacists using iPads. The company's mission is to bridge the gap between medical treatment and patients, aiming to enhance the healthcare landscape in Japan, which is known for its advanced medical technology and systems. As Japan faces a rapidly aging population, with projections indicating that by 2060, a significant portion of the population will be over 65, KAKEHASHI is committed to innovating healthcare solutions that support and improve the quality of life for this demographic, thereby contributing to the future of medical care in the country.

User Local

Venture Round in 2018
User Local, Inc. is a Tokyo-based software firm established in 2005 that specializes in the development of data analysis tools and artificial intelligence technologies. The company focuses on creating various analytical solutions for site creators and marketers, including tools for web marketing, social media analysis, and media analysis. Its product lineup features User Insight for web marketing support, Social Insight for social media analytics, and Media Insight for media analysis. Additionally, User Local offers services such as heat map analysis, text mining, and AI-driven future forecasting. The company also manages an artificial intelligence chatbot, enhancing its capabilities in providing comprehensive data-driven solutions.

ANDPAD

Series A in 2018
ANDPAD is a construction project management software company that streamlines field management and on-site operations for construction projects in Japan. Its platform centralizes information on drawings, materials, processes, site photos, and personnel to support on-site efficiency and project oversight. The company was founded in 2012 as OCT and later renamed ANDPAD, and is headquartered in Tokyo, with offices in Chiyoda, Osaka, Fukuoka, and Sendai.

Spacely

Seed Round in 2018
Founded in Tokyo, Japan in 2013, Spacely develops cloud-based software for creating and editing virtual reality (VR) content using 360-degree camera photos. Its intuitive platform caters to various industries such as real estate, tourism, and retail.

PSYGIG

Seed Round in 2018
PSYGIG is a Tokyo-based provider of cloud-based big data analytics and mobility IoT solutions for robotics, drones, and autonomous devices. The company offers APIs, SDKs, and a SaaS platform that enable developers to capture raw sensor data, transmit control logs and error reports, and monitor navigation and interactions with the physical environment. Its platform delivers real-time data visualization, event analysis, anomaly detection, dashboards, and online diagnostic tools to help identify and resolve software issues quickly. By accelerating development of safe and secure robotics and IoT applications, PSYGIG supports engineers in building data-driven, reliable autonomous systems across diverse mobility use cases.

Vector

Venture Round in 2018
Vector Inc. is a Japan-based public relations agency established in 1993, headquartered in Tokyo. The company specializes in a wide array of services, including PR planning and implementation, consulting, branding, investor relations support, celebrity casting, and risk management. Vector also conducts market research and event planning, while providing digital marketing and press release distribution services through its PR TIMES platform and various other websites. Additionally, the company operates a human resources cloud service designed to assist organizations in developing and managing employee evaluation systems. Vector is also active in the video release distribution sector within the advertising and marketing industries.

Xica

Series C in 2018
Founded in Tokyo, Japan in 2012, Xica specializes in applied data science. It offers MAGELLAN, Japan's leading Marketing Mix Modeling tool, supporting over 200 major brands. The company automates, visualizes, and optimizes both offline and online marketing effectiveness.

Connected Robotics

Seed Round in 2017
Founded in 2014, Connected Robotics designs and manufactures robotic arms for enterprises. Its flagship product, OctoChef, provides automated cooking services, catering to individual restaurants, shopping malls, stations, service areas, amusement centers, and large-scale events.

Zehitomo

Seed Round in 2017
Zehitomo is a Japanese online marketplace and matching platform that connects clients with local service professionals across categories such as photography and personal training. Founded in 2015 and based in Tokyo, the company operates a fee-based platform that enables users to hire professionals and helps local service providers grow their businesses through high-volume bookings.

Nauto

Series B in 2017
Nauto is an AI technology company that improves commercial fleet safety through its intelligent driver safety system. This system assesses driver behavior to reduce distracted driving and prevent collisions, enabling real-time feedback and analysis for fleet managers. Nauto's platform also powers the development of autonomous vehicle technology.

RESTAR

Seed Round in 2017
Founded in Tokyo, Japan in 2016, RESTAR offers an integrated data platform designed to accelerate commercial real estate business. It provides tools for property data management, analysis, visualization, and automatic matching of properties with purchasing needs.

Credit Engine

Seed Round in 2016
Credit Engine, founded in November 2018, is an innovative online lending service based in Japan, specializing in providing a lending platform for financial institutions. As a spinoff of LENDY, the company is unique in its offering, enabling banks and other financial entities to launch their own branded lending services with an advanced user interface and efficient operational processes. The platform is designed to facilitate real-time loan screening using a combination of sales data, bank data, and external online information, streamlining the borrowing process for small and medium-sized enterprises (SMEs). Credit Engine has garnered the trust of leading Japanese banks, including Mitsubishi UFJ Financial Group and Mizuho Financial Group, making it a prominent player in the online lending sector.

KAKEHASHI

Seed Round in 2016
KAKEHASHI Inc. is a Tokyo-based company established in 2016 that specializes in developing software as a service (SaaS) applications tailored for health insurance claim and drug history management, specifically designed for dispensing pharmacists using iPads. The company's mission is to bridge the gap between medical treatment and patients, aiming to enhance the healthcare landscape in Japan, which is known for its advanced medical technology and systems. As Japan faces a rapidly aging population, with projections indicating that by 2060, a significant portion of the population will be over 65, KAKEHASHI is committed to innovating healthcare solutions that support and improve the quality of life for this demographic, thereby contributing to the future of medical care in the country.

Nauto

Series A in 2016
Nauto is an AI technology company that improves commercial fleet safety through its intelligent driver safety system. This system assesses driver behavior to reduce distracted driving and prevent collisions, enabling real-time feedback and analysis for fleet managers. Nauto's platform also powers the development of autonomous vehicle technology.

Xica

Series B in 2016
Founded in Tokyo, Japan in 2012, Xica specializes in applied data science. It offers MAGELLAN, Japan's leading Marketing Mix Modeling tool, supporting over 200 major brands. The company automates, visualizes, and optimizes both offline and online marketing effectiveness.

Clintal

Seed Round in 2016
Clintal Co., Ltd. operates an online healthcare consultation platform based in Tokyo, Japan, founded in 2015. The company focuses on providing users with access to comprehensive medical information and referrals to qualified doctors. Through its platform, users can receive diagnoses based on their symptoms, supported by data on the number of surgeries and relevant medical literature associated with each doctor. Additionally, Clintal offers information on nearby clinics and facilitates communication through a chat application, enabling individuals to identify their health issues and seek appropriate treatments efficiently. This service aims to simplify the process of finding suitable medical professionals and enhance overall healthcare accessibility.

AI Silk

Venture Round in 2015
AI Silk Corporation, established in 2015 and based in Sendai, Japan, specializes in the manufacture and sale of innovative conductive fibers. The company's flagship product, AI Silk, is created using a unique dyeing technique that imbues natural silk with conductivity. This advancement allows for the production of electrodes that address common issues associated with traditional medical electrodes, such as discomfort, skin irritation, and measurement inaccuracies caused by sweat. AI Silk’s technology not only enhances the comfort of conductive clothing but also minimizes the risk of allergic reactions, making it suitable for a wide range of applications beyond the healthcare sector. The company also offers simplified manufacturing kits, further promoting the use of its advanced materials in various industries.

SYMAX

Seed Round in 2015
SYMAX Inc. is a Tokyo-based company founded on June 16, 2014, that specializes in the development of a sensor device designed for the early detection of diseases and illnesses. The innovative device is designed to be attached to Western-style toilets, enabling users to monitor their health by analyzing urine on a daily basis. SYMAX aims to provide an easy-to-use solution that allows for the continuous monitoring of health conditions, facilitating timely medical interventions.

Xica

Venture Round in 2015
Founded in Tokyo, Japan in 2012, Xica specializes in applied data science. It offers MAGELLAN, Japan's leading Marketing Mix Modeling tool, supporting over 200 major brands. The company automates, visualizes, and optimizes both offline and online marketing effectiveness.

Xica

Series B in 2015
Founded in Tokyo, Japan in 2012, Xica specializes in applied data science. It offers MAGELLAN, Japan's leading Marketing Mix Modeling tool, supporting over 200 major brands. The company automates, visualizes, and optimizes both offline and online marketing effectiveness.

Hibot

Series A in 2014
Founded in Tokyo, Japan in 2004, Hibot specializes in robotic platforms and related hardware and software solutions. The company provides robots for hazardous operations, infrastructure maintenance and inspection, and search & rescue missions.

Kauli

Venture Round in 2012
Kauli, Inc. is a Tokyo-based company that specializes in an advertisement network platform tailored for the Japanese market. It provides an Online Ad Network Management System that supports Real Time Bidding, enabling advertisers to place bids for ads based on users' characteristics in real time. Kauli continuously evaluates various ad networks to ensure that the one with the highest expected ad revenue is selected, optimizing ad placements for better performance. As a subsidiary of VOYAGE GROUP, Inc., Kauli plays a significant role in enhancing the effectiveness of online advertising through its innovative technology and strategic approach.

Kauli

Seed Round in 2011
Kauli, Inc. is a Tokyo-based company that specializes in an advertisement network platform tailored for the Japanese market. It provides an Online Ad Network Management System that supports Real Time Bidding, enabling advertisers to place bids for ads based on users' characteristics in real time. Kauli continuously evaluates various ad networks to ensure that the one with the highest expected ad revenue is selected, optimizing ad placements for better performance. As a subsidiary of VOYAGE GROUP, Inc., Kauli plays a significant role in enhancing the effectiveness of online advertising through its innovative technology and strategic approach.
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