Incubate Fund No. II

Incubate Fund is a venture capital firm established in May 2010 and headquartered in Tokyo, Japan, with an additional office in Singapore. The firm specializes in seed, startup, and early-stage investments, focusing on sectors such as media, entertainment, gaming, online commerce, logistics, medical, financial, real estate, and housing. Incubate Fund primarily invests in mobile, social, and web services with a global perspective, targeting opportunities in North America, Japan, and Asia. The firm typically makes equity investments ranging from $200,000 to $3 million. Additionally, Incubate Fund India, founded in 2016 and based in Bengaluru, operates as a subsidiary, concentrating on pre-seed and seed-stage startups in India.

Tohru Akaura

Co-Founder and General Partner

Yuuki Aono

Associate

Masahiko Homma

Co-Founder and Partner

Haruki Imaizumi

Associate

Gotoh Katsunari

Professional Partner

Kazuki Koyama

Associate

Ryu Kusakabe

Associate

Dave Kwong

Overseas Partner

Misuzu Matsumoto

Associate

Masaya Minamide

Associate

Nao Murakami

Founder and General Partner

Yusuke Murata

General Partner

Kazuki Notsu

Co-Founder, Managing Director and Overseas Partners

Satoshi Nunokawa

Associate

Rajeev Ranka

Principal

Kyosuke Seto

Associate

Niki Takahiro

Associate

Koki Tanaka

Associate

Tohru Akaura

General Partner

Keisuke Wada

Co-Founder and General Partner

Past deals in GovTech

DagKnows

Seed Round in 2022
Developer of a collaboration and automation platform designed for intelligent incident troubleshooting and remediation for site reliability engineering. The company's platform uses structured graphs to simplify the process and capture and organize knowledge that produces reusable automation run-books, enabling DevOps and site reliability engineers to diagnose and resolve reliability issues.

StoreHero

Seed Round in 2021
Operator of a digital marketing and growth hacking platform intended to help in support service and product development. The company's platform offers a growth hack service specializing in the e-commerce platform promoting all phases related to business, as well as providing quick service relating to the diagnostic personalized sales function, enabling merchants to get access to efficient communication with their customers for digital marketing.

Asuene

Series A in 2021
Develope of a carbon management platform designed to help organizations track, manage, and report their greenhouse gas (GHG) emissions and other environmental impacts. The company's platform utilizes artificial intelligence to integrate various data sources to gather emissions information and create strategies to reduce pollutants over time, enabling organizations to manage their environmental impact effectively, comply with regulations, and achieve sustainability goals.

Asuene

Pre Seed Round in 2020
Develope of a carbon management platform designed to help organizations track, manage, and report their greenhouse gas (GHG) emissions and other environmental impacts. The company's platform utilizes artificial intelligence to integrate various data sources to gather emissions information and create strategies to reduce pollutants over time, enabling organizations to manage their environmental impact effectively, comply with regulations, and achieve sustainability goals.

Asuene

Seed Round in 2019
Develope of a carbon management platform designed to help organizations track, manage, and report their greenhouse gas (GHG) emissions and other environmental impacts. The company's platform utilizes artificial intelligence to integrate various data sources to gather emissions information and create strategies to reduce pollutants over time, enabling organizations to manage their environmental impact effectively, comply with regulations, and achieve sustainability goals.

Graffer

Series A in 2019
Graffer, Inc. is a Tokyo-based company founded in 2017 that develops a web-based platform aimed at simplifying administrative processes for businesses in Japan. The platform provides a comprehensive directory and procedural guides, digitizing government paperwork to facilitate the submission of commercial documents. By offering a streamlined approach to regulatory compliance, Graffer enables business owners to navigate complex issues and file necessary documents efficiently. The company positions itself as a social infrastructure initiative, addressing challenges within the traditional government system and empowering individuals and businesses to take action effectively.

Graffer

Venture Round in 2019
Graffer, Inc. is a Tokyo-based company founded in 2017 that develops a web-based platform aimed at simplifying administrative processes for businesses in Japan. The platform provides a comprehensive directory and procedural guides, digitizing government paperwork to facilitate the submission of commercial documents. By offering a streamlined approach to regulatory compliance, Graffer enables business owners to navigate complex issues and file necessary documents efficiently. The company positions itself as a social infrastructure initiative, addressing challenges within the traditional government system and empowering individuals and businesses to take action effectively.

mgram

Venture Round in 2018
mgram is provides MH Solutions specializes in contract development and IT outsourcing services.

Graffer

Venture Round in 2017
Graffer, Inc. is a Tokyo-based company founded in 2017 that develops a web-based platform aimed at simplifying administrative processes for businesses in Japan. The platform provides a comprehensive directory and procedural guides, digitizing government paperwork to facilitate the submission of commercial documents. By offering a streamlined approach to regulatory compliance, Graffer enables business owners to navigate complex issues and file necessary documents efficiently. The company positions itself as a social infrastructure initiative, addressing challenges within the traditional government system and empowering individuals and businesses to take action effectively.

Visits

Venture Round in 2016
VISITS Technologies Inc. is a Tokyo-based company founded in 2014 that specializes in developing a career formation platform aimed at connecting students and alumni. It employs a patented consensus building algorithm known as ideagram, which quantifies individual creativity, discerning abilities, and the inherent value of ideas. This innovative technology not only measures creativity but also assesses intangible assets such as skills and personal connections. By integrating blockchain technology, VISITS Technologies facilitates value transfer, enhancing the platform's effectiveness. The company focuses on demonstrating the relationship between technology and daily life, enabling users to align their aspirations with industry trends and company reputations. Through its platform, VISITS aims to foster social value creation and cultivate human resources capable of generating successful new business ideas.

Go Game

Venture Round in 2015
Go Game Japan is a mobile game publisher established in 2015, with its headquarters in Singapore and additional offices in the Philippines, Thailand, and Indonesia. As a subsidiary of SEGA, the company focuses on developing and publishing engaging mobile games for a diverse audience. Its presence in various Southeast Asian markets allows it to cater to a broad range of players, leveraging regional insights to enhance user experiences and drive growth in the competitive mobile gaming industry.

ClipLine

Seed Round in 2015
Developer of a video-based management platform designed to enhance the organizational execution system. The company's platform helps to promote digital transformation in terms of organizational structure, scale, and physical distance, enabling clients to seamlessly monitor quality and thereby improve sales.
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