Fundraising Fox

DBJ Capital

Corporate VC

Tokyo · Pre-Seed–Late Stage

Also known as DBJキャピタル株式会社

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Investment thesis

DBJ Capital pursues innovative technologies and businesses with the aim of creating significant global impact. It primarily makes new investments at the seed and early stages while also actively pursuing follow-on investments at the middle and later stages, supporting startups' growth over the long term. Leveraging the DBJ Group's deep sector knowledge, industry networks, and partnerships spanning Japan's regions and global markets, the firm accelerates portfolio companies' growth. As the venture capital arm of the DBJ Group, which balances profitability with public benefit, it complements the creditworthiness of startups in their relationships with customers and stakeholders.

Invests inSector AgnosticGlobalJapanTokyo

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
Check
$2.7M – $354M
HQ
Tokyo, JP
Instruments
Equity
Founded
1996
AUM
$4.7B
Tracked investments
169

What they invest in

from 109 of 169 portfolio companies

AI & Machine Learning ×26Healthtech ×25SaaS ×25Biotech ×24Deep Tech ×14Consumer ×13Medical Devices ×13Marketing Tech ×10

HQs:Japan×102France×1Vietnam×1

Who they back

founder profiles across 16 portfolio companies
69%
solo founders
11 of 16 mapped founding teams
31%
repeat founders
of 13 founders with career history

Founding team size:solo founder×112 founders×43 founders×1

Where their founders studiedfrom 10 founders with education data

INSEAD ×3Keio University ×2Nagoya University ×2

Where their founders worked beforefrom 13 founders with career history

VOYAGE GROUP, Inc. ×2

Accelerator rootsportfolio companies that came through a program

Techstars ×2

Investments · 169 tracked

founders shown can be your intro path
HISHOH Biopharma㈱hishoh.jp✓ verified

HISHOH Biopharma develops novel immunotherapy drugs based on allergen immunotherapy (including sublingual immunotherapy) to treat IgE-mediated Type I allergic diseases such as allergic rhinitis, asthma, and atopic dermatitis.

BiotechDeep TechHealthtech

Naoki Sakurai(Representative Director & President)Toru Seo(Director / Chief Business Development Officer)Joji Hayashida(Director / Chief Operating Officer)

Co-investorsMitsubishi UFJ Capital

㈱aiforce solutions
㈱aiforce solutions(現 AI inside)inside.ai𝕏

Leapnet is a platform that turns internal company data into a knowledge base using RAG and lets users build AI agents for business tasks, powered by a Japanese-language-focused LLM.

AI & Machine LearningEnterprise SoftwareSaaS

Co-investorsJapan Post Capital Co. Ltd.

㈱Alivasalivas.co.jp

Alivas is a medical device startup developing a new therapeutic device for refractory chronic constipation, a condition affecting patients who do not respond to drug treatment.

HealthtechMedical Devices

Tajima(Representative)

㈱Bridgebridge-world.jp𝕏

Bridge is a Japanese web marketing agency offering SEO and LLMO (large language model optimization) consulting, content marketing, and multi-platform ad operations (Google, Yahoo!, Facebook) for clients ranging from startups to large enterprises.

AdTechMarketing TechSaaSTokyo, JP

Yusuke Matsumoto(代表取締役 CEO)Rie Sakamoto(取締役 COO)

Co-investorsCARTA VENTURES, Inc.

㈱CAPABLEcapableeng.com
㈱CMerTVcmertv.co.jp

CMerTV operates a video ad distribution platform that delivers advertising across digital channels such as PCs and smartphones as well as physical locations including beauty salons, self-service gas stations, and dental clinic waiting rooms.

AdTechMarketing TechMedia & Entertainment

五十嵐彰(代表 (Representative/CEO))

㈱DigitalArchidigital-archi.com

Co-investorsKeio Innovation Initiative

㈱Epsilon Medicalep-med.com

EP-Med is a University of Tsukuba spin-off developing a Class IV medical device, which has received FDA Breakthrough Device designation.

HealthtechMedical Devices

㈱Flying Cellflyingcell.co.jp

Co-investorsHiroshima Venture Capital Co. Ltd.

㈱Gincoginco.co.jp𝕏

Ginco provides an enterprise crypto asset wallet (Ginco Enterprise Wallet) and blockchain infrastructure for companies building Web3 services in Japan.

Crypto & Web3Enterprise SoftwareFintech

㈱Holowayholoway.co.jp

Holoway develops precision surface-shape measurement instruments based on its own digital holography technology, offering measurement solutions for lab experiments, offline quality control, and inline/in-process measurement.

Advanced ManufacturingAI & Machine LearningDeep TechHardwareSemiconductors

村下 湧音(Researcher / Software Engineer)

Co-investorsGlobis Capital Partners

㈱Inner Resourceirsc.jp

Inner Resource develops cloud-based procurement management software for researchers and research facilities, covering the full purchasing workflow including quotes, ordering, budget management, and invoicing.

BiotechEnterprise SoftwareSaaSTokyo, JP

㈱JCCLjccl.jp

JCCL develops CO₂ capture and recycling technology based on amine-containing gel separation materials and modules licensed from Kyushu University, offering full solutions from R&D to engineering.

CleantechClimate TechDeep Tech

㈱JCGjcg.co.jp𝕏

JCG Co., Ltd. plans and operates esports tournaments and events for companies, running its own customizable tournament platform, event planning services, and streaming/recording studio facilities.

GamingMedia & EntertainmentSaaSTokyo, JP

㈱Jiffcyanaguma.co.jp

Co-investorsW Inc.

㈱KAKEAIkakeai.co.jp𝕏

KAKEAI provides a 1on1 (one-on-one meeting) support tool that uses AI and data from hundreds of thousands of users to improve communication and reduce the burden on managers, employees, HR, and executives.

AI & Machine LearningHR TechSaaS

Co-investorsMobile Internet Capital, Inc.

㈱KURASERUkuraseru.co.jp

KURASERU develops software and digital transformation (DX) services for Japan's elderly-care industry, aiming to reduce the operational burden on care workers through technology.

Digital HealthHealthtechSaaSKobe, JP

Daiki Kawahara(Representative Director (CEO))Itaru Inaho(Founder)in

Co-investors500 Global

㈱LEAN BODYlean-body.co.jp

Co-investorsi-nest capitalSkyland VenturesZ Venture Capital

㈱LexxPlusslexxpluss.comin𝕏

LexxPluss develops autonomous mobile robots and infrastructure systems that enable industrial equipment at factories and logistics hubs to operate independently without human direction.

Advanced ManufacturingLogistics & Supply ChainRoboticsTokyo, JP

Masaya Aso(CEO)in

Co-investorsIncubate FundSOSVCanal VenturesDRONE FUNDGlobal BrainAozora Corporate Investment

㈱Loooplooop.co.jp𝕏

Looop is a Japanese energy company that generates, manages, and delivers renewable energy through offerings including its Looop Denki electricity service, home storage batteries, smart home IoT products, and renewable energy projects such as on-site/off-site PPA, power plant design and construction, and O&M.

CleantechEnergyIoTTokyo, JP

㈱MaaS Tech Japanmaas.co.jp

MaaS Tech Japan builds mobility data products and provides consulting and media services aimed at optimizing transportation systems by connecting travelers, transport operators, and trip destinations.

Data & InfrastructureLogistics & Supply ChainMobility & TransportationSaaSTokyo, JP

Yosuke Hidaka(Representative Director & CEO)Hiroyuki Shimizu(Vice President & COO)

Co-investorsGlobis Capital PartnersZENRIN FUTURE PARTNERS

㈱mediVRmedivr.jp

mediVR develops and sells VR-based rehabilitation training devices that use its patented cognitive-motor coordination therapy, combining virtual reality technology with neurorehabilitation science.

Digital HealthHealthtechMedical Devices

Co-investorsOSAKA University Venture Capital

㈱meleapmeleap.com𝕏

meleap develops HADO, an augmented reality sport in which players wear a head-mounted display and arm sensor to play techno-sports experiences.

GamingHardwareSports Tech

Co-investorsCanal VenturesKiraboshi CapitalW Inc.

㈱MonotaRomonotaro.com

MonotaRO operates an online store selling industrial supplies, tools, MRO (maintenance, repair, and operations) products, and related goods to businesses.

Advanced ManufacturingB2B MarketplacesE-commerce

㈱NearMenearme.jpin𝕏

NearMe operates a shared shuttle service powered by proprietary AI that matches people with rides to reduce inefficient transportation and provide affordable, convenient mobility.

AI & Machine LearningB2B MarketplacesMobility & TransportationTokyo, JP

Koichiro Takahara(CEO)Kenji Hosoda(CTO)Naoyuki Matsukura(CFO)Taiki Inoue(CMO)

Co-investorsGlobal BrainJIC Venture Growth InvestmentsAozora Corporate Investment

㈱PRISM BioLabprismbiolab.com

PRISM BioLab is a biotechnology company that develops PepMetics, a proprietary drug discovery platform of small molecules designed to mimic α-helix or β-turn peptides, aiming to target proteins previously considered "undruggable." The company maintains a screening library of over 20,000 compounds and partners with pharmaceutical firms on drug discovery programs.

AI & Machine LearningBiotechDeep TechTokyo, JP

Co-investorsEisai Innovation, Inc.Newton Biocapital

㈱REJECTreject.co.jp

REJECT is a Japanese esports organization that plans and sells professional-grade gaming gear and accessories, and produces gaming events and content such as community tournaments (e.g.

ConsumerGamingMedia & Entertainment

㈱Shippioshippio.ioin𝕏

Shippio operates as a digital freight forwarder in Japan, offering cloud software and international logistics (forwarding) operations to shippers and logistics providers.

AI & Machine LearningFintechLogistics & Supply ChainSaaSTokyo, JP

Takanori Sato(Founder)inTakashi TsuchiyaTsuyoshi Niwa

Co-investors500 GlobalCoral CapitalDelight VenturesDnx VenturesGlobis Capital PartnersNew Commerce Ventures+8 more

㈱Smart Tradesmarttrade.co.jp𝕏

Smart Trade develops investment trading algorithms for institutional and corporate clients, with track records in Japanese individual stocks, indices, and cryptocurrencies.

AI & Machine LearningFintechSaaS

Tomoyuki Uchida(CEO)

㈱Sprocketsprocket.bz𝕏

Sprocket provides a marketing platform that collects and uses customer data to deliver personalized communications across web, app, push, email, and LINE, combining MA, CDP, BI, and generative AI tools.

AI & Machine LearningMarketing TechSaaS

Co-investorsAccord VenturesCanal VenturesPayforwardAozora Corporate Investment

㈱Timerstimers-inc.com

Timers Inc. runs the "Famm" brand of services for families raising children, including a family photo and video sharing app, free photo sessions paired with childcare-cost consultations, and an online skills school for mothers and women.

AI & Machine LearningConsumerEdTech

Ahmad Shiina(Founder)in

Co-investorsGlobis Capital PartnersKobe University CapitalNTT DOCOMO Ventures

㈱TL Genomicstlgenomics.com

Develops a PCR-based chromosome testing technology called SinChro™ that measures cellular aging to assess natural fertility potential.

BiotechFemTechMedical Devices

㈱WAKAZEwakaze-store.com𝕏

WAKAZE brews craft sake, including botanical and barrel-aged varieties, using traditional Japanese techniques adapted for pairing with Western, Japanese, ethnic, and fusion cuisines.

ConsumerDirect to ConsumerFoodTechParis, FR

㈱アールティrt-net.jp𝕏

RT Corporation (アールティ) develops AI and robotics technology, offering products such as humanoid and quadruped robots, engineer training programs, and AI/robotics solution development.

AI & Machine LearningHardwareRobotics

㈱アイセイ薬局aisei.co.jp
㈱アプトポッドaptpod.co.jpin𝕏

Aptpod develops industrial IoT platform middleware and edge hardware based on high-speed bidirectional data streaming technology, offering its 'intdash' product for connecting vehicles, robots, and construction and agricultural machinery to the cloud.

Data & InfrastructureIoTMobility & Transportation

㈱アリススタイルpeaceteclab.com
㈱アルガルバイオalgalbio.co.jp

Co-investorsKyoto University Innovation CapitalAbies Ventures

㈱エイジレスageless.co.jp

Ageless is a Japanese startup providing recruitment and staffing services mainly for the middle-aged and senior workforce.

Future of WorkHR TechLongevity

Co-investorsNOW JapanSkyland Ventures

㈱オンチップ・バイオテクノロジーズon-chip.co.jpin𝕏

On-chip Biotechnologies develops laboratory instruments based on microfluidic chip technology, including cell sorters and droplet generators/selectors for detecting, separating, dispensing, and collecting samples.

BiotechDeep TechHardware

Co-investorsRelic

㈱ココナラcoconala.co.jp𝕏

Coconala operates an online marketplace connecting professionals with a range of skills to individuals and businesses seeking those skills.

AI & Machine LearningFuture of WorkMarketplaces

Co-investorsEnergy & Environment Investment

㈱コノセルconocer.co

Conocer (コノセル) provides education combining people, physical spaces, and technology, aiming to make data-driven ("scientific") education standard and help learners achieve success experiences through learning.

EdTech

Co-investorsDG Daiwa VenturesFIRSTLIGHT CapitalOriental Land InnovationsGenesia Ventures

㈱サイフューズ
㈱ジーンテクノサイエンス
㈱ジーンテクノサイエンス(現 キッズウェル・バイオ)kidswellbio.comin

KidsWell Bio is a Japanese pharmaceutical company developing biosimilars and cell therapies (regenerative medicine).

BiotechHealthtech

㈱シェアダイン
㈱シグリードsiglead.com

SIGLEAD (株式会社シグリード) develops error-correction methods and SSD controller LSIs for SSD/NAND flash memory, and offers the SigNAS series of NAND flash memory testers built on its NAND evaluation and error-analysis technology.

Deep TechHardwareSemiconductors

㈱スコヒアファーマscohia.com

Co-investorsBeyond Next Ventures

㈱スナックミー
㈱スペースリーspacely.co.jp𝕏

Spacely operates a cloud software platform for creating and editing 360-degree VR content, letting users upload panoramic photos or 3D CG data to automatically generate high-quality VR tours.

AI & Machine LearningPropTechSaaSTokyo, JP

Hirokazu Morita(Representative Director)

Co-investorsDnx Ventures

㈱スマートエナジーsmart-energy.jp

Smart Energy K.K. provides operations and maintenance (O&M) services for solar and other renewable power plants, brokers power plant sales, and offers asset management and a cloud service supporting new-electricity retail businesses.

CleantechClimate TechEnergy

㈱スマートバンク
㈱スマービー
㈱スマービー(現stripe-intl.com

Stripe International is a Japanese apparel and lifestyle company that develops and sells fashion brands and collections, including through its STRIPE CLUB channel and collaborations with characters and consumer brands.

ConsumerE-commerceRetail Tech

Co-investorsT Capital Partners Co. Ltd.

㈱セルージョンcellusion.jp

Cellusion is a Japanese biotech company developing cell-based therapies for corneal disease, including a corneal endothelial cell substitute derived from induced pluripotent stem (iPS) cells.

BiotechHealthtechMedical Devices

Shin Hatou(CEO)

㈱セルバンクcellbank.co.jp𝕏

Cellbank is a Japanese company that extracts and cultures human cells for use in regenerative medicine, including treatments for skin aging, knee osteoarthritis, and breast augmentation using a patient's own cells.

BiotechDigital HealthHealthtech

北條元治(代表 (CEO))

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has DBJ Capital made?
DBJ Capital has 169 tracked investments.
What stage does DBJ Capital invest at?
DBJ Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is DBJ Capital's typical check size?
DBJ Capital typically writes checks of $2.7M – $354M.
What sectors does DBJ Capital focus on?
DBJ Capital focuses on Sector Agnostic.
Where is DBJ Capital located?
DBJ Capital is headquartered in Tokyo, JP.
Who does DBJ Capital co-invest with?
DBJ Capital most often shares deals with Global Brain, SMBC Venture Capital, Nippon Venture Capital, among 86 tracked co-investors.

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