Incubate Fund

Incubate Fund is an independent venture capital firm founded in 2010 and based in Tokyo, Japan. It specializes in seed and early-stage investments in technology startups, backing entrepreneurship across Asia. The firm has built a portfolio of more than 300 companies and has delivered multiple exits, including 12 initial public offerings and 20 mergers and acquisitions since its inception. It maintains a broad sector focus that spans business products and services, consumer products and services, information technology and the Internet of Things, as well as media, entertainment, games, commerce, logistics, medical, financial services, real estate, automobiles, and housing-related innovation. Through its regional presence in Asia, the firm supports founders from early development through scaling, aiming to back ambitious teams with potential for significant growth.

Tohru Akaura

Co-Founder and General Partner

Yuuki Aono

Associate

Gotoh Katsunari

Professional Partner

Haruki Imaizumi

Associate

Masahiro Kitao

Professional Partner

Kazuki Koyama

Associate

Ryu Kusakabe

Associate

Dave Kwong

Overseas Partner

Misuzu Matsumoto

Associate

Nao Murakami

Co-Founder and General Partner

Kazuki Notsu

Co-Founder, Managing Director and Overseas Partners

Satoshi Nunokawa

Associate

Rajeev Ranka

Principal

Kyosuke Seto

Associate

Kyosuke Seto

Associate

Koki Tanaka

Associate

Past deals in Tokyo

KOMPEITO

Series D in 2024
KOMPEITO is a Tokyo-based platform that provides an office welfare service by enabling employees to order and receive fresh vegetables, fruits, and healthy foods delivered to their workplace. The online platform supports corporate health programs by offering on-demand fruit and vegetable delivery as well as healthy prepared meals sourced from convenience stores and restaurants, helping office workers eat healthily during the workday. Founded in 2012, the company focuses on convenient access to produce and nutritious options at the office, streamlining how employers support employee wellbeing.

AI Medical Service

Series C in 2022
AI Medical Service specializes in developing artificial intelligence that combines Japanese endoscopic specialists' expertise to enhance global endoscopic medical care.

KOMPEITO

Series C in 2022
KOMPEITO is a Tokyo-based platform that provides an office welfare service by enabling employees to order and receive fresh vegetables, fruits, and healthy foods delivered to their workplace. The online platform supports corporate health programs by offering on-demand fruit and vegetable delivery as well as healthy prepared meals sourced from convenience stores and restaurants, helping office workers eat healthily during the workday. Founded in 2012, the company focuses on convenient access to produce and nutritious options at the office, streamlining how employers support employee wellbeing.

Linc'well

Series C in 2021
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

Thirdverse

Series B in 2021
Founded in 2016, Thirdverse is a Japanese game studio specializing in multiplayer virtual reality (VR) games. It combines blockchain technology to create economic zones and immersive gaming experiences.

Ispace Technologies

Series C in 2021
Ispace Technologies is a Tokyo-based company specializing in space resource exploration, particularly focused on developing micro-robotic technology to facilitate the identification, extraction, and transportation of lunar resources, such as ice, essential for sustaining human life in space. Founded in 2013, Ispace is recognized for its innovative approach, utilizing 3D printing and commercially available products to create efficient and cost-effective solutions. The company is also involved in the Google Lunar XPRIZE Competition through its Team HAKUTO, which has gained recognition for its advancements in mobility and aims to land a privately funded robot on the Moon. Ispace’s micro-robots are designed to explore larger lunar areas quickly and economically, making significant strides towards establishing a sustainable presence in outer space.

IoTBASE

Seed Round in 2021
IoTBASE Inc. is a Tokyo-based company founded in 2015 that specializes in developing a cloud-based Internet of Things (IoT) integration platform. The company offers IoTBASE Cloud, which facilitates connections between sensors and various applications. Its product suite includes Planner, designed for managing devices and applications; Manager, which serves as a console for integrated device management; and Canvas, a tool for visualizing data collected from sensors. By providing these IoT cloud services, IoTBASE supports companies in their digital transformation efforts and aims to enhance its offerings by leveraging expertise gained from past IoT developments.

Catallaxy

Series A in 2021
Catallaxy is a platform and services company that provides metal parts procurement, cloud business management, and consulting. It operates Mitsuri, a trading platform for web quotes of metal custom parts linked to suppliers, including processing for industrial machinery, factory automation equipment, and facility equipment, and it also runs Fabit, a platform for manufacturing media. The company coordinates with processing companies and partner factories to streamline procurement, production, and distribution of metal parts, enabling customers to receive materials and improve operational efficiency.

Sharing Energy

Series A in 2021
Founded in 2018, Sharing Energy is a Tokyo-based company specializing in the research and development of energy management services. It provides innovative solutions for storing and utilizing energy, offering users sustainable power supply options through its Share Denki service.

Ax Robotix

Seed Round in 2020
Ax Robotix is a Tokyo-based sleep technology company that develops robotic sleep-aid products and smart bed solutions to improve sleep quality. The company designs devices and services around integrated sleep systems, including a mattress with a belt deformation mechanism that interfaces with the body to regulate sleep and enhance restfulness. Its product lineup has included robotic sleep-aid concepts such as pixx and bexx, reflecting ongoing efforts in hardware-enabled sleep optimization. Founded in 2019, Ax Robotix aims to advance sleep health through multidisciplinary development across product design and user experience.

Thirdverse

Series A in 2020
Founded in 2016, Thirdverse is a Japanese game studio specializing in multiplayer virtual reality (VR) games. It combines blockchain technology to create economic zones and immersive gaming experiences.

Ispace Technologies

Series B in 2020
Ispace Technologies is a Tokyo-based company specializing in space resource exploration, particularly focused on developing micro-robotic technology to facilitate the identification, extraction, and transportation of lunar resources, such as ice, essential for sustaining human life in space. Founded in 2013, Ispace is recognized for its innovative approach, utilizing 3D printing and commercially available products to create efficient and cost-effective solutions. The company is also involved in the Google Lunar XPRIZE Competition through its Team HAKUTO, which has gained recognition for its advancements in mobility and aims to land a privately funded robot on the Moon. Ispace’s micro-robots are designed to explore larger lunar areas quickly and economically, making significant strides towards establishing a sustainable presence in outer space.

Linc'well

Series B in 2020
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

IoTBASE

Seed Round in 2020
IoTBASE Inc. is a Tokyo-based company founded in 2015 that specializes in developing a cloud-based Internet of Things (IoT) integration platform. The company offers IoTBASE Cloud, which facilitates connections between sensors and various applications. Its product suite includes Planner, designed for managing devices and applications; Manager, which serves as a console for integrated device management; and Canvas, a tool for visualizing data collected from sensors. By providing these IoT cloud services, IoTBASE supports companies in their digital transformation efforts and aims to enhance its offerings by leveraging expertise gained from past IoT developments.

Leaner Technologies

Seed Round in 2020
Leaner Technologies Co., Ltd., founded in 2019 and based in Tokyo, Japan, specializes in developing cloud-based software that focuses on overhead cost management and reduction analysis. The company's flagship product, Leaner, equips businesses with tools to analyze their costs, providing insights into operational efficiency. It offers features such as knowledge process information, presentation score reduction recommendations, and cost reduction procedures. Additionally, Leaner's software supports the evaluation and implementation of cost reduction effectiveness, enabling clients to make informed decisions to enhance their operational efficiency.

MagicPod Japan

Seed Round in 2020
TRIDENT Inc. specializes in automation tools and software aimed at enhancing software development and testing processes. Founded in 2012 and headquartered in Chuo, Japan, the company offers Magic Pod, a cloud-based test automation service that leverages artificial intelligence technologies. By focusing on automation, TRIDENT seeks to improve software quality while addressing the common challenges of increased costs and extended timelines associated with traditional development methods.

Catallaxy

Venture Round in 2020
Catallaxy is a platform and services company that provides metal parts procurement, cloud business management, and consulting. It operates Mitsuri, a trading platform for web quotes of metal custom parts linked to suppliers, including processing for industrial machinery, factory automation equipment, and facility equipment, and it also runs Fabit, a platform for manufacturing media. The company coordinates with processing companies and partner factories to streamline procurement, production, and distribution of metal parts, enabling customers to receive materials and improve operational efficiency.

bellFace

Venture Round in 2020
bellFace Inc. is a technology company based in Tokyo, Japan, founded in 2015. It specializes in developing a web-based platform that facilitates video conferencing and business negotiation activities, particularly for business-to-business sales and customer support. The platform requires no login or installation, allowing users to connect within five seconds directly through their web browsers. It features a patented audio system that utilizes telephone lines to ensure clear communication without interruptions common in conventional web meeting systems. bellFace also includes functionalities such as document sharing and a script feature, creating an experience akin to face-to-face interactions. This system is specifically designed to support remote sales across various sectors, including banking and securities, enhancing the efficiency of inside sales teams.

PostCoffee

Seed Round in 2019
Founded in Tokyo in 2018, PostCoffee is an online platform offering personalized coffee subscription services. It provides a curated selection of high-quality beans from around the world, delivering them directly to customers' doorsteps based on their preferences and a comprehensive coffee diagnosis.

Chikaku

Series B in 2019
Chikaku Inc. is a Tokyo-based company founded in 2014 that specializes in manufacturing electronic devices designed to facilitate family connections across distances. The company produces setup boxes that enable grandparents to easily view photos and videos taken with smartphones on their home televisions. By providing a simple solution for streaming content, Chikaku aims to enhance interactions between remote family members, allowing them to stay connected with their grandchildren and loved ones.

AVA Intelligence

Seed Round in 2019
AVA Intelligence is a Tokyo-based artificial intelligence software company that develops a platform for personalized travel planning. The platform analyzes user characteristics and travel conditions to propose destinations and activities tailored to individual interests, and provides comprehensive travel information including sightseeing spots, restaurants, hotels, and experiences. It supports searching for airline tickets and accommodations and enables users to save destination information and past searches to streamline planning and comparison across sources. The company focuses on delivering tailored travel suggestions and consolidated travel information to reduce time spent consulting multiple sites.

Readhub

Venture Round in 2019
ReadHub Inc. is an online platform established in 2019 and based in Minato-ku, Japan, that focuses on enhancing the reading experience through social interaction. The company offers a space for users to share book reviews, exchange comments, and discover new interpretations and ideas related to reading. By facilitating discussions and connections among users with similar interests, ReadHub enables individuals to find books that resonate with them and enrich their literary journeys. As a developer of Internet media and applications, ReadHub aims to create a community that fosters a deeper appreciation for literature.

Payme

Corporate Round in 2019
Payme, Inc. is a software company based in Tokyo, Japan, founded in 2017. It specializes in developing a mobile application that provides payroll prepayment services, allowing users to access their earned wages in cash through their smartphones. The company focuses on creating digital platforms to streamline mobile payments and salary advance services, aiming to enhance financial accessibility for users.

Linc'well

Seed Round in 2019
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

TeTra

Venture Round in 2019
TeTra Aviation Corp. is a Tokyo-based company founded in 2018, specializing in the design, research, and manufacturing of flying cars. The company focuses on developing electric vertical take-off and landing aircraft, aiming to revolutionize air mobility. TeTra's innovative single-seat flying cars are designed to enhance transportation options, particularly in emergency medical situations, allowing medical professionals to reach patients quickly in disaster areas or urban environments. In addition to its manufacturing capabilities, TeTra provides consulting and research services, offering comprehensive solutions that include both hardware and software development. Through its advancements in air mobility, TeTra strives to create new possibilities for personal and emergency transportation.

Leaner Technologies

Seed Round in 2019
Leaner Technologies Co., Ltd., founded in 2019 and based in Tokyo, Japan, specializes in developing cloud-based software that focuses on overhead cost management and reduction analysis. The company's flagship product, Leaner, equips businesses with tools to analyze their costs, providing insights into operational efficiency. It offers features such as knowledge process information, presentation score reduction recommendations, and cost reduction procedures. Additionally, Leaner's software supports the evaluation and implementation of cost reduction effectiveness, enabling clients to make informed decisions to enhance their operational efficiency.

Satori

Venture Round in 2019
Satori Inc., founded in 2015 and based in Tokyo, Japan, specializes in developing a comprehensive marketing automation tool. This tool encompasses various functionalities, including lead management, lead generation, lead nurturing, lead qualification, and reporting. Satori aims to deliver creative and effective solutions tailored to their clients' needs, ensuring projects are completed on time and within budget. The company emphasizes a holistic approach to communications, offering a range of services in-house to meet diverse client requirements.

Joyz

Series B in 2018
Joyz Inc. is a Tokyo-based company that develops a cloud application aimed at helping English learners improve their pronunciation and grammar. The application caters to various educational needs, offering support for English conversations tailored to specific situations and providing reference materials aligned with certified textbooks used in compulsory education. Joyz's commitment to enhancing language skills is evident in its user-focused approach, accommodating different learning requirements through accessible technology. The company maintains contact with users via phone and also has a physical location for direct interactions.

LAPRAS

Series C in 2018
LAPRAS Inc., established in 2016 and based in Tokyo, Japan, specializes in career-matching technology. It operates two primary services: LAPRAS, which uses machine learning to analyze publicly available online data and generate personalized profiles for individuals, and LAPRAS SCOUT, designed to help companies find suitable candidates by searching through these profiles. The company's core business lies in facilitating efficient connections between engineers and potential employers using automated, objective analysis of technical skills and preferences.

Farmally

Seed Round in 2018
Farmally is aiming to make agricultural production more efficient and realize sustainable agriculture through the agricultural machinery marketplace business. It lists all the machines and equipment necessary for agricultural production, including used agricultural machines that are hard to find in stock. According to the customer's request, Pharmay will consistently handle purchasing, sales, delivery, and maintenance. The company was founded in 2018 and is headquartered in Tokyo, Japan.

Pretia

Venture Round in 2018
Pretia Technologies, Inc. is a Tokyo-based augmented reality startup founded in 2014, specializing in the design and development of gaming software. The company focuses on creating a platform that enhances entertainment experiences by integrating augmented reality with real-life environments. Utilizing advanced technologies such as virtual and augmented reality, 3D localization, and mapping, Pretia enables users to interact with digital content linked to specific locations. This innovative approach allows players to engage in immersive gaming experiences across various devices, effectively bridging the gap between the digital and physical worlds.

AI Medical Service

Series A in 2018
AI Medical Service specializes in developing artificial intelligence that combines Japanese endoscopic specialists' expertise to enhance global endoscopic medical care.

Axel Mark

Venture Round in 2018
Founded in Tokyo, Japan in 1994, Axel Mark specializes in game planning and development for consoles, along with advertising services.

Pretia

Venture Round in 2018
Pretia Technologies, Inc. is a Tokyo-based augmented reality startup founded in 2014, specializing in the design and development of gaming software. The company focuses on creating a platform that enhances entertainment experiences by integrating augmented reality with real-life environments. Utilizing advanced technologies such as virtual and augmented reality, 3D localization, and mapping, Pretia enables users to interact with digital content linked to specific locations. This innovative approach allows players to engage in immersive gaming experiences across various devices, effectively bridging the gap between the digital and physical worlds.

Linc'well

Pre Seed Round in 2018
Linc'well is a health care technology company that provides a software as a service platform for medical institutions to streamline operations and improve efficiency. The platform handles appointments, communications, payments, and electronic medical records, supported by digitization services designed for clinics and hospitals. It also delivers clinic operation and management support through its CLINIC FORE brand and offers online support services such as medical supplement subscriptions. The company serves healthcare institutions and clinics, enabling providers to optimize patient experience and streamline administrative workflows. Founded in 2018 and based in Tokyo, Japan, Linc'well focuses on leveraging technology to reduce inefficiencies in healthcare delivery.

Payme

Series A in 2018
Payme, Inc. is a software company based in Tokyo, Japan, founded in 2017. It specializes in developing a mobile application that provides payroll prepayment services, allowing users to access their earned wages in cash through their smartphones. The company focuses on creating digital platforms to streamline mobile payments and salary advance services, aiming to enhance financial accessibility for users.

Chikaku

Series A in 2018
Chikaku Inc. is a Tokyo-based company founded in 2014 that specializes in manufacturing electronic devices designed to facilitate family connections across distances. The company produces setup boxes that enable grandparents to easily view photos and videos taken with smartphones on their home televisions. By providing a simple solution for streaming content, Chikaku aims to enhance interactions between remote family members, allowing them to stay connected with their grandchildren and loved ones.

TownWiFi

Venture Round in 2018
TownWiFi Inc. is a Japanese technology company founded in 2015 and headquartered in Tokyo, with additional offices in Taiwan, Hong Kong, and Macau. It specializes in developing mobile software that automates WiFi connectivity for users. The TownWiFi app enables users to seamlessly connect to nearby WiFi networks without the need for manual registration or authentication, streamlining the process of accessing the internet in various locations around the world. Through its innovative solution, TownWiFi enhances user convenience by eliminating the hassles typically associated with connecting to public WiFi networks.

EmbodyMe

Venture Round in 2018
Founded in Tokyo in 2016, EmbodyMe specializes in developing innovative mobile applications that leverage deep learning and virtual reality technologies. Its flagship products include Xpression, which generates realistic fake videos using deep facial expressions of celebrities, and EmbodyMe, a platform creating 3D model avatars that mimic users' movements in VR space based on hand gestures.

PlaceHolder

Series A in 2018
Placeholder, Inc. is a Tokyo-based company that operates a digital theme park utilizing virtual reality and augmented reality technologies to create engaging experiences for both children and adults. Founded in 2016, the company offers a range of interactive products, including sand party, spray painting, draw your world, paper rikishi, planet portal, little builders, world adventure, number splash, and ar quest. By merging digital technology with real-world environments, Placeholder aims to inspire and excite users through innovative and immersive experiences.

Chikaku

Seed Round in 2017
Chikaku Inc. is a Tokyo-based company founded in 2014 that specializes in manufacturing electronic devices designed to facilitate family connections across distances. The company produces setup boxes that enable grandparents to easily view photos and videos taken with smartphones on their home televisions. By providing a simple solution for streaming content, Chikaku aims to enhance interactions between remote family members, allowing them to stay connected with their grandchildren and loved ones.

Joyz

Series A in 2017
Joyz Inc. is a Tokyo-based company that develops a cloud application aimed at helping English learners improve their pronunciation and grammar. The application caters to various educational needs, offering support for English conversations tailored to specific situations and providing reference materials aligned with certified textbooks used in compulsory education. Joyz's commitment to enhancing language skills is evident in its user-focused approach, accommodating different learning requirements through accessible technology. The company maintains contact with users via phone and also has a physical location for direct interactions.

Pixie Dust Technologies

Series A in 2017
Pixie Dust Technologies develops computational technologies focused on ultrasonic phased array systems and digital fabrication. Its offerings include an ultrasonic phased array system capable of generating forces in mid-air, moving objects without contact, and delivering differentiated sounds to individuals in crowds, with implications for guiding dogs and agricultural applications. The company also provides a platform that integrates ultrasonic phased array technology with sound-absorbing materials and spatial analysis tools to enhance accessibility, efficiency, and user experience across industries such as healthcare, architecture, and digital transformation. Based in Tokyo, Japan, the company was founded in 2015.

WED

Seed Round in 2017
WED, Inc. is a Tokyo-based company founded in 2016 that focuses on providing an online data utilization platform. The company aims to address various challenges related to data usage by leveraging technology to offer a range of services. These services include data collection, user acquisition, data analysis, custom reporting, and credit card payment applications. WED's platform enables users to efficiently manage their data through a single portal, facilitating improved decision-making and operational efficiency. Additionally, WED broadcasts radio programs, further diversifying its business activities.

Saleshub

Venture Round in 2017
Founded in Tokyo in 2014, Saleshub operates an online platform facilitating connections between individuals seeking side jobs, businesses looking for customers, and customers aiming to make referrals. The platform enables users to earn rewards by introducing acquaintances to relevant business opportunities.

Payme

Seed Round in 2017
Payme, Inc. is a software company based in Tokyo, Japan, founded in 2017. It specializes in developing a mobile application that provides payroll prepayment services, allowing users to access their earned wages in cash through their smartphones. The company focuses on creating digital platforms to streamline mobile payments and salary advance services, aiming to enhance financial accessibility for users.

TYFFON

Convertible Note in 2017
TYFFON is a Tokyo-based developer of immersive mixed reality, virtual reality, and augmented reality entertainment content. The company creates mobile apps such as ZombieBooth and related image transformation tools, and has expanded to immersive experiences that blend 3D animation with social interaction. TYFFON operates Free Roam location-based virtual reality venues under the TYFFONIUM brand, offering guests multi-sensory, hyper-real environments that can be explored freely. Founded in 2011, TYFFON has pursued strategic partnerships and international expansion, including participation in Disney’s accelerator program in 2014 and a collaboration with Disney, as well as opening TYFFONIUM stores in Japan with plans for overseas locations. The company focuses on delivering magical reality experiences across its mobile apps and location-based venues by combining VR and AR technologies with imaginative content.

Wantedly

Funding Round in 2017
Wantedly is a Tokyo-based startup that operates a social recruiting platform designed to connect job seekers with companies based on shared passions and values rather than solely on financial incentives. By leveraging social graphs, Wantedly enables users to discover interesting job opportunities that align with their personal and professional interests. The platform facilitates meaningful interactions between individuals and organizations, fostering a unique environment where work is approached as an exciting and fulfilling endeavor. Through its innovative service, Wantedly aims to transform the traditional job search experience into one that prioritizes personal connection and professional satisfaction.

Schoo

Venture Round in 2017
Founded in Tokyo, Japan in 2011, Schoo offers an online video learning platform, Schoo Web Campus. It provides free live lessons and radio-type lessons, aiming to enhance learning experiences through sound. The company also explores integrating its learning videos into university education and providing free information to newspaper owners and freelancers.

PlaceHolder

Seed Round in 2017
Placeholder, Inc. is a Tokyo-based company that operates a digital theme park utilizing virtual reality and augmented reality technologies to create engaging experiences for both children and adults. Founded in 2016, the company offers a range of interactive products, including sand party, spray painting, draw your world, paper rikishi, planet portal, little builders, world adventure, number splash, and ar quest. By merging digital technology with real-world environments, Placeholder aims to inspire and excite users through innovative and immersive experiences.

Ispace Technologies

Seed Round in 2016
Ispace Technologies is a Tokyo-based company specializing in space resource exploration, particularly focused on developing micro-robotic technology to facilitate the identification, extraction, and transportation of lunar resources, such as ice, essential for sustaining human life in space. Founded in 2013, Ispace is recognized for its innovative approach, utilizing 3D printing and commercially available products to create efficient and cost-effective solutions. The company is also involved in the Google Lunar XPRIZE Competition through its Team HAKUTO, which has gained recognition for its advancements in mobility and aims to land a privately funded robot on the Moon. Ispace’s micro-robots are designed to explore larger lunar areas quickly and economically, making significant strides towards establishing a sustainable presence in outer space.

TownWiFi

Seed Round in 2016
TownWiFi Inc. is a Japanese technology company founded in 2015 and headquartered in Tokyo, with additional offices in Taiwan, Hong Kong, and Macau. It specializes in developing mobile software that automates WiFi connectivity for users. The TownWiFi app enables users to seamlessly connect to nearby WiFi networks without the need for manual registration or authentication, streamlining the process of accessing the internet in various locations around the world. Through its innovative solution, TownWiFi enhances user convenience by eliminating the hassles typically associated with connecting to public WiFi networks.

Aquwa

Seed Round in 2016
Founded in Tokyo in 2014, Aquwa specializes in YouTube video production and consulting. They offer web marketing and internet video production services, focusing on data analysis to enhance video content and increase viewership.

bellFace

Seed Round in 2016
bellFace Inc. is a technology company based in Tokyo, Japan, founded in 2015. It specializes in developing a web-based platform that facilitates video conferencing and business negotiation activities, particularly for business-to-business sales and customer support. The platform requires no login or installation, allowing users to connect within five seconds directly through their web browsers. It features a patented audio system that utilizes telephone lines to ensure clear communication without interruptions common in conventional web meeting systems. bellFace also includes functionalities such as document sharing and a script feature, creating an experience akin to face-to-face interactions. This system is specifically designed to support remote sales across various sectors, including banking and securities, enhancing the efficiency of inside sales teams.

EmbodyMe

Venture Round in 2016
Founded in Tokyo in 2016, EmbodyMe specializes in developing innovative mobile applications that leverage deep learning and virtual reality technologies. Its flagship products include Xpression, which generates realistic fake videos using deep facial expressions of celebrities, and EmbodyMe, a platform creating 3D model avatars that mimic users' movements in VR space based on hand gestures.

TYFFON

Venture Round in 2016
TYFFON is a Tokyo-based developer of immersive mixed reality, virtual reality, and augmented reality entertainment content. The company creates mobile apps such as ZombieBooth and related image transformation tools, and has expanded to immersive experiences that blend 3D animation with social interaction. TYFFON operates Free Roam location-based virtual reality venues under the TYFFONIUM brand, offering guests multi-sensory, hyper-real environments that can be explored freely. Founded in 2011, TYFFON has pursued strategic partnerships and international expansion, including participation in Disney’s accelerator program in 2014 and a collaboration with Disney, as well as opening TYFFONIUM stores in Japan with plans for overseas locations. The company focuses on delivering magical reality experiences across its mobile apps and location-based venues by combining VR and AR technologies with imaginative content.

SORA

Convertible Note in 2016
SORA, Inc. is a company established in 2015 and based in Tokyo, Japan, specializing in technology solutions for the hospitality industry. It focuses on developing a price strategy application interface designed to optimize pricing for hotels. By providing an online service that compares prices of various hotels and inns, SORA aims to enhance customer satisfaction for both sellers and buyers. The company is committed to creating an environment where economic growth aligns with a positive working style, leveraging technology to facilitate better pricing strategies in the market.

WealthNavi

Venture Round in 2016
WealthNavi Inc., established in 2015 and based in Tokyo, Japan, specializes in developing and delivering a cloud-based online platform for asset management and risk management. This platform offers robo-advisory services, enabling users to discover diversified investment opportunities globally. The company's core offering is a risk management algorithm-driven platform designed to assist asset managers in their decision-making processes.

VISITS Technologies

Venture Round in 2016
VISITS Technologies Inc. is an internet-based company based in Tokyo, Japan, established in 2014. The company specializes in designing and developing a career formation platform that connects students and alumni. VISITS Technologies has developed a patented consensus-building algorithm known as ideagram, which uniquely quantifies creativity, discerning ability, and the inherent value of ideas. This innovative technology allows for the measurement of intangible assets such as skills, senses, and personal connections. By integrating blockchain technology, VISITS Technologies facilitates the transfer of value, enhancing the capabilities of its platform and providing users with a comprehensive tool for career development and networking.

EmbodyMe

Debt Financing in 2016
Founded in Tokyo in 2016, EmbodyMe specializes in developing innovative mobile applications that leverage deep learning and virtual reality technologies. Its flagship products include Xpression, which generates realistic fake videos using deep facial expressions of celebrities, and EmbodyMe, a platform creating 3D model avatars that mimic users' movements in VR space based on hand gestures.

SQUEEZE

Series A in 2016
SQUEEZE Inc. is a technology company based in Tokyo, Japan, that specializes in providing innovative solutions for the lodging business. Founded in 2014, SQUEEZE develops a range of software products aimed at enhancing the management of vacation rentals, hotels, and ryokans. Its offerings include Mister Suite, a comprehensive management system; SuiteBook, which facilitates operations for vacation and short-term rental properties; and Mister Suite Lab, a demand analysis tool that leverages market data for improved decision-making. Additionally, SQUEEZE provides the igloohome smart keybox, a Bluetooth-enabled device designed for secure key exchanges in various settings, and Minn, a hospitality technology platform that enhances guest accommodation experiences. The company focuses on streamlining operations for the hospitality industry, allowing operators to efficiently manage guest information and service requests while optimizing revenue.

BrightTable

Seed Round in 2016
BrightTable, Inc. is a Tokyo-based company that develops and operates the gourmet Q&A application known as Pecotter. Founded in February 2012, BrightTable provides a gourmet concierge app designed to streamline the table reservation process for users. The application allows customers to input details such as the restaurant name, date, time, and party size, after which it facilitates the reservation by contacting the restaurant directly. This service aims to enhance the dining experience for food enthusiasts and socialites by making restaurant reservations convenient and hassle-free.

vinclu

Seed Round in 2016
Vinclu designs, develops, and manufactures smartphone accessories. The company is based in Tokyo, Japan.

Car-nol

Venture Round in 2016
Carnol Inc. is a Tokyo-based company established in 2013 that specializes in management consulting services related to the automotive sector. The firm focuses on the planning, development, and management of internet business strategies for automobiles, encompassing marketing, promotion, and content production. Additionally, Carnol operates a custom automobile information platform designed to assist customers in selecting vehicles. This platform provides tailored photos and parts information, enabling users to test drive cars and make informed purchasing decisions.

Bizer

Venture Round in 2015
Bizer, headquartered in Tokyo, Japan, specializes in streamlining back-office operations for small businesses. It offers a cloud-based platform that automates the generation of necessary documents and forms for tax and legal advisory services, facilitating smoother interactions with government agencies.

Coincheck

Venture Round in 2015
Founded in Tokyo, Japan in 2012, Coincheck operates a cryptocurrency exchange platform. It facilitates trading of various cryptocurrencies like Bitcoin and Ethereum, offers payment services, and develops trading software.

WealthNavi

Seed Round in 2015
WealthNavi Inc., established in 2015 and based in Tokyo, Japan, specializes in developing and delivering a cloud-based online platform for asset management and risk management. This platform offers robo-advisory services, enabling users to discover diversified investment opportunities globally. The company's core offering is a risk management algorithm-driven platform designed to assist asset managers in their decision-making processes.

Joyz

Seed Round in 2015
Joyz Inc. is a Tokyo-based company that develops a cloud application aimed at helping English learners improve their pronunciation and grammar. The application caters to various educational needs, offering support for English conversations tailored to specific situations and providing reference materials aligned with certified textbooks used in compulsory education. Joyz's commitment to enhancing language skills is evident in its user-focused approach, accommodating different learning requirements through accessible technology. The company maintains contact with users via phone and also has a physical location for direct interactions.

Sprocket

Seed Round in 2015
Founded in Tokyo, Japan in 2014, Sprocket develops a web-based customer development platform. It offers a tool for optimizing digital communication across user touchpoints, integrating real-time personalization, multi-channel messaging, behavioral data analysis, and AI-driven insights.

Pixie Dust Technologies

Seed Round in 2015
Pixie Dust Technologies develops computational technologies focused on ultrasonic phased array systems and digital fabrication. Its offerings include an ultrasonic phased array system capable of generating forces in mid-air, moving objects without contact, and delivering differentiated sounds to individuals in crowds, with implications for guiding dogs and agricultural applications. The company also provides a platform that integrates ultrasonic phased array technology with sound-absorbing materials and spatial analysis tools to enhance accessibility, efficiency, and user experience across industries such as healthcare, architecture, and digital transformation. Based in Tokyo, Japan, the company was founded in 2015.

Open8

Seed Round in 2015
Open8 Inc is a Tokyo-based content technology company founded on April 10, 2015. It specializes in providing marketing services through smart devices and offers a suite of solutions including software as a service (SaaS), application programming interfaces (API), and machine learning as a service (MLaaS). Open8 has developed a video editing cloud platform designed to simplify the creation of video content for businesses, allowing users to produce promotional videos without the need for specialized knowledge. By leveraging artificial intelligence, the platform enables the efficient generation and distribution of various video materials across multiple platforms, helping businesses reduce costs and enhance their marketing efforts.

Toyokumo

Venture Round in 2015
Toyokumo, Inc. is a Tokyo-based company that specializes in the development and provision of cloud services tailored for businesses. Founded in 2010, Toyokumo offers a range of services designed to enhance operational efficiency and streamline workflows. Its product lineup includes Safety Confirmation Service 2, an automatic safety confirmation system; Form Bridge, which allows users to create web-based forms; Print Creator, which prints forms using data from the kintone application; kViewer, a service for publishing linked content; kMailer, an email dispatch system compatible with kintone; Data Collect, a collaboration tool for kintone users; kBackup, a data preservation service; and Timestamp, which facilitates the saving of electronic documents. Toyokumo's solutions aim to simplify processes and improve productivity for its clients.

Schoo

Seed Round in 2015
Founded in Tokyo, Japan in 2011, Schoo offers an online video learning platform, Schoo Web Campus. It provides free live lessons and radio-type lessons, aiming to enhance learning experiences through sound. The company also explores integrating its learning videos into university education and providing free information to newspaper owners and freelancers.

Mikawaya21

Venture Round in 2015
Mikawaya21, established in 2012 and headquartered in Tokyo, specializes in elderly care services and IoT devices. The company aims to create a society where seniors can live with peace of mind, particularly in Japan's aging and declining birthrate context. Mikawaya21 offers a range of services, including the MAGO button, an IoT device for the elderly, and a drone-based food delivery system for remote areas. Their core service, "Magokoro Support," addresses minor daily challenges faced by seniors, with local providers resolving over 10,000 requests monthly. Mikawaya21 also provides IoT products and services, such as an easy-to-use IoT watch for seniors.

Fabric Tokyo

Seed Round in 2014
FABRIC TOKYO Inc. is a Tokyo-based company that specializes in custom-made fashion, focusing on direct-to-consumer apparel. Founded in 2012, the company was previously known as Lifestyle Design Co., Ltd. and rebranded in March 2019. FABRIC TOKYO offers a range of products, including two-piece and three-piece suits, jackets, slacks, shirts, chinos, jeans, and various accessories. Its innovative platform allows customers to save their measurements, preferred fabrics, and design ideas, facilitating the creation of personalized clothing. The company aims to provide high-quality, made-to-measure men's fashion, ensuring that customers receive tailored garments delivered directly to their homes.

Caster Biz

Seed Round in 2014
Caster, Inc. is a Tokyo-based company that specializes in providing virtual assistant services. Founded in 2014, it offers a wide range of support, including research and analytical tasks, recruitment assistance, customer service, appointment management, and mail handling. The company also provides accounting and human resource services, aiming to simplify daily business operations for its clients. Caster's assistants are equipped with proficiency in essential software tools such as Word, Excel, and PowerPoint, allowing them to effectively manage various administrative tasks. By leveraging online communication channels, Caster facilitates easy access to its services, enhancing productivity and efficiency for businesses looking to streamline their operations.

SQUEEZE

Seed Round in 2014
SQUEEZE Inc. is a technology company based in Tokyo, Japan, that specializes in providing innovative solutions for the lodging business. Founded in 2014, SQUEEZE develops a range of software products aimed at enhancing the management of vacation rentals, hotels, and ryokans. Its offerings include Mister Suite, a comprehensive management system; SuiteBook, which facilitates operations for vacation and short-term rental properties; and Mister Suite Lab, a demand analysis tool that leverages market data for improved decision-making. Additionally, SQUEEZE provides the igloohome smart keybox, a Bluetooth-enabled device designed for secure key exchanges in various settings, and Minn, a hospitality technology platform that enhances guest accommodation experiences. The company focuses on streamlining operations for the hospitality industry, allowing operators to efficiently manage guest information and service requests while optimizing revenue.

Vivit

Seed Round in 2014
Vivit, Inc. is a company based in Tokyo, Japan, that operates a platform focused on outdoor activities and destination discovery. It offers a range of experiences, including rafting, buggy rides, and access to sightseeing hotspots and seasonal events. The platform features an application that provides information on camping, skiing, and snowboarding locations, as well as outdoor equipment rentals. Users can enhance their experience by integrating their Facebook accounts, allowing them to express interest in activities and share plans with friends. Vivit aims to be a comprehensive resource for outdoor enthusiasts, enabling consumers to easily find and participate in various outdoor adventures.

Double Standard

Seed Round in 2014
Founded in Tokyo, Japan in 2012, Double Standard is a business support company specializing in big data solutions for enterprises. It offers services including big data provision utilizing various information sources and service planning development using technology cultivated in its data generation process.

Kids Color

Seed Round in 2014
Kids Color Inc. is a Tokyo-based company that operates a wellness and development platform focused on childcare. The platform provides guidance and resources for parents and instructors, facilitating engagement in various activities designed for children. Users can share information about playgrounds and organize enjoyable activities, fostering interaction between parents and nursery teachers. Through its services, Kids Color aims to enhance child development and wellness by promoting meaningful experiences for families and caregivers.

BitFlyer

Seed Round in 2014
BitFlyer, Inc. is a virtual currency exchange and blockchain development service provider based in Minato-ku, Japan. Established in 2014, it specializes in facilitating transactions in various digital currencies, including Bitcoin, Ethereum, and Litecoin, among others. BitFlyer offers a comprehensive platform that enables customers to buy, sell, and spend cryptocurrencies securely. It features multiple markets, including a Bitcoin marketplace and altcoin exchanges, along with advanced services such as an application programming interface for custom account management. Additionally, BitFlyer provides e-commerce payment solutions that allow businesses to accept Bitcoin, enhancing the overall trading experience. The company also operates fundFlyer, a crowdfunding platform designed to support projects through Bitcoin funding.

Wanderlust

Venture Round in 2014
Wanderlust Inc. is a Japanese startup founded in 2013 and based in Tokyo, focused on enhancing global connections through travel. The company operates Compathy, an online social travel guide that allows users to recommend their favorite destinations and experiences. This platform enables travelers to discover personalized suggestions from locals, fostering cultural exchange and understanding. Wanderlust aims to facilitate communication among individuals from diverse backgrounds by organizing events that encourage offline interactions and sharing of recommendations. In addition to its social travel guide, Wanderlust provides a service for users to document and share their travel itineraries and experiences, promoting collaboration and connection among travelers worldwide.

Fukurou Labo

Pre Seed Round in 2014
Fukurou Labo, Inc. is a Tokyo-based company that develops and operates marketing platforms specifically for mobile applications. The company focuses on providing innovative marketing solutions that enhance user acquisition for smartphone apps. Fukurou Labo has identified a gap in the Japanese market, particularly in deep link-enabled applications, and has adapted its distribution strategies accordingly. Their platform facilitates connections between advertisers seeking to attract application users and media outlets aiming to optimize their advertising revenue. By employing performance-based web advertising methods, Fukurou Labo enables advertisers to enhance their marketing effectiveness and maximize monetization opportunities.

KOMPEITO

Seed Round in 2014
KOMPEITO is a Tokyo-based platform that provides an office welfare service by enabling employees to order and receive fresh vegetables, fruits, and healthy foods delivered to their workplace. The online platform supports corporate health programs by offering on-demand fruit and vegetable delivery as well as healthy prepared meals sourced from convenience stores and restaurants, helping office workers eat healthily during the workday. Founded in 2012, the company focuses on convenient access to produce and nutritious options at the office, streamlining how employers support employee wellbeing.

Spika

Seed Round in 2014
Spika Inc. is a company based in Tokyo, Japan, founded in April 2014. It specializes in developing an application known as Nailbook, which serves as a photo-sharing platform focused on nail art designs. The service provides users with access to a diverse collection of nail design photos, catering to both enthusiasts and professionals in the beauty industry. Through its innovative approach, Spika aims to enhance creativity and engagement within the nail art community.

BearTail

Series A in 2013
BearTail Inc. is a Tokyo-based company that specializes in travel and expense management services for businesses. Founded in 2012, it has developed a cloud-based bookkeeping solution known as 'Dr Wallet,' designed to streamline financial management for users. The company focuses on providing innovative tools that simplify the accounting process and enhance efficiency for its clients.

Timers

Venture Round in 2013
Timers Inc. is a Tokyo-based company that develops a variety of mobile applications catering to different social needs. Their flagship product, 'Pairy', is a social networking application specifically designed for couples, fostering connection and interaction. Additionally, Timers offers applications aimed at singles for matchmaking purposes. The company also provides a family-oriented application that enables users to create monthly calendars and photo albums for child-rearing families, allowing them to share memories and strengthen family bonds. Through these diverse offerings, Timers Inc. seeks to enhance social engagement and familial relationships.

Coincheck

Venture Round in 2013
Founded in Tokyo, Japan in 2012, Coincheck operates a cryptocurrency exchange platform. It facilitates trading of various cryptocurrencies like Bitcoin and Ethereum, offers payment services, and develops trading software.

Beyond

Venture Round in 2013
Beyond, Inc. is a technology company based in Tokyo, Japan, founded in 2008. It specializes in the development of websites and web applications, as well as providing IT consultation services. Beyond also focuses on supporting the development of smart speakers and offers services related to smartphone applications. The company's diverse offerings cater to various aspects of digital solutions, aiming to enhance user experience and technological integration for its clients.

Schoo

Seed Round in 2013
Founded in Tokyo, Japan in 2011, Schoo offers an online video learning platform, Schoo Web Campus. It provides free live lessons and radio-type lessons, aiming to enhance learning experiences through sound. The company also explores integrating its learning videos into university education and providing free information to newspaper owners and freelancers.

Wanderlust

Seed Round in 2013
Wanderlust Inc. is a Japanese startup founded in 2013 and based in Tokyo, focused on enhancing global connections through travel. The company operates Compathy, an online social travel guide that allows users to recommend their favorite destinations and experiences. This platform enables travelers to discover personalized suggestions from locals, fostering cultural exchange and understanding. Wanderlust aims to facilitate communication among individuals from diverse backgrounds by organizing events that encourage offline interactions and sharing of recommendations. In addition to its social travel guide, Wanderlust provides a service for users to document and share their travel itineraries and experiences, promoting collaboration and connection among travelers worldwide.

Prosbee

Seed Round in 2013
Prosbee is an information technology and services company that offers Booklap, a social network which enables its users to search, find, and read books. Prosbee was founded by Reo Kasai in May 2012. It is based in Tokyo, Japan.

Crevo

Seed Round in 2013
Founded in Tokyo, Japan in 2012, Crevo operates a web-based platform for language-free open-crowdsourcing contests. This enables users worldwide to find custom designs tailored to their needs.

Creww

Seed Round in 2012
Creww Inc. is a Tokyo-based company founded in 2012 that operates a platform dedicated to the business development of startups. It provides a range of services designed to support new businesses, including creww accele, a collaborative platform that promotes entrepreneurship, and docks, which offers co-working spaces. Additionally, Creww offers steams, a cloud service for co-creation business programs, as well as a corporate membership that delivers business support for emerging enterprises. The company aims to facilitate corporate open innovation and digital transformation, connecting entrepreneurs with the resources, expertise, and networks necessary to foster growth and address social and corporate challenges.

Medley

Seed Round in 2012
Medley, Inc. is a Tokyo-based company established in 2009, specializing in recruitment and medical business platforms in Japan. The company operates through three primary segments: Recruitment Platform Business, Medical Platform Business, and New Services. Its key offerings include JobMedley, a recruitment system tailored for the medical and healthcare sectors; CLINICS Telemedicine, enabling virtual consultations between patients and medical institutions; and CLINICS, a cloud-based medical support system. Medley also provides MEDLEY, a medical information service designed to aid patients, and Kaigo-no Honne, a platform for searching nursing care facilities. Additionally, the company develops medical accounting software, thereby contributing to the healthcare industry's digital transformation. Medley aims to facilitate enhanced communication and connection between patients and healthcare providers, promoting a comprehensive understanding of medical information in society.

Coincheck

Seed Round in 2012
Founded in Tokyo, Japan in 2012, Coincheck operates a cryptocurrency exchange platform. It facilitates trading of various cryptocurrencies like Bitcoin and Ethereum, offers payment services, and develops trading software.

Prosbee

Seed Round in 2012
Prosbee is an information technology and services company that offers Booklap, a social network which enables its users to search, find, and read books. Prosbee was founded by Reo Kasai in May 2012. It is based in Tokyo, Japan.

Whyteboard

Seed Round in 2012
Whyteboard Inc., founded in 2011 and based in Tokyo, Japan, develops an application that facilitates the buying and selling of goods through an auction model on Facebook. The platform leverages social data to foster trust between buyers and sellers, allowing users to post items they are interested in buying or selling and host online auctions.

Mugenup

Seed Round in 2011
Mugenup is a Japanese creative content production company that provides 2D and 3D assets for games, illustration, video, and animation. The company operates a cloud-based crowdsourcing platform to handle design tasks such as card illustrations and 3D models for animation and games, and also offers an online management system marketed under the Save Point brand to manage content production workflows. Based in Tokyo, it serves clients in social gaming and animation, delivering illustration, 3D computer graphics, video production, and project management tools for animation projects.

Aiming

Series A in 2011
Aiming Inc. is a Tokyo-based company founded in 2011 that specializes in the development and production of online games across various platforms, including PCs, smartphones, and home consoles. With a workforce of over 200 members, Aiming focuses on creating browser-based and social games, leveraging extensive industry experience among its core team. The company's portfolio features notable titles such as Browser Three Kingdoms, Sengoku IXA, and Hero Quest, demonstrating its expertise in the free-to-play model and game design. Aiming also distinguishes itself as one of the few Japanese studios to launch a 3D massively multiplayer online role-playing game (MMORPG) with Blade Chronicle. As the gaming landscape evolves with the rise of mobile technology, Aiming aims to expand its reach and success in the global market, utilizing its accumulated knowledge and past achievements to navigate the interconnected digital environment.
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