Fundraising Fox

DG Incubation

Corporate VC

Pre-Seed–Growth · 1 people tracked

Also known as 株式会社DGインキュベーション

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Investment thesis

DG Incubation leverages the Digital Garage group's know-how and network to back and support startups aiming to compete globally. It runs four funds: the Open Network Lab ESG 'Earthshot' Fund and Open Network Lab Fund II (investing primarily in companies from Onlab, Japan's first seed accelerator, with the second fund targeting domestic and international seed/early-stage startups focused on social and environmental impact), the Sapporo Innovation Fund (bio/healthcare startups in Hokkaido), and the Hamagin DG Innovation Fund (a joint fund with Bank of Yokohama backing digital-technology and regional-economy startups).

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Growth
Instruments
Equity
Tracked investments
81

Team · 1 people

from public directories

What they invest in

from 58 of 81 portfolio companies

SaaS ×19AI & Machine Learning ×17Consumer ×8Healthtech ×8B2B Marketplaces ×7Biotech ×7Fintech ×7Climate Tech ×6

HQs:Japan×51United States×3

Who they back

founder profiles across 24 portfolio companies
79%
solo founders
19 of 24 mapped founding teams

Founding team size:solo founder×192 founders×44+ founders×1

Accelerator rootsportfolio companies that came through a program

Techstars ×2

Investments · 81 tracked

founders shown can be your intro path
Komhamkomham.jp✓ verified

Komham develops microbial technology to decompose organic waste and sells biomass recycling systems based on that research.

BiotechCircular EconomyCleantechClimate TechTsukuba, JP

Suno Nishiyama(Representative Director)

Co-investorsNew Commerce VenturesOpen Network Lab

「お金の不安に終止符を打つ」をミッションに掲げる、金融教育ベンチャーabcash.co.jp

Co-investorsJapan Post Capital Co. Ltd.

「夢をカタチにする力」を提供する3DデータAIソリューションbestat-data.com

Co-investorsOpen Network LabSeiho Investment Works

0xPPL0xppl.com𝕏

0xPPL is a Web3 platform that enables users to track multi-chain cryptocurrency portfolios, execute trades across chains, and discover on-chain trends and trading opportunities.

Crypto & Web3Fintech

Prasanna Sankar(Founder)in

280 Earth, Inc.280.earthin𝕏

280 Earth develops direct air capture systems that remove CO2 from the atmosphere to address climate change.

CleantechClimate TechDeep TechPalo Alto, US

Age Technologies.Coage-technologies.co.jp

AGE technologies is a Japanese company that develops services to simplify and centralize inheritance and business succession processes, reducing information asymmetry around passing on assets between generations.

FintechLegalTechPropTechSaaSTokyo, JP

塩原 優太(代表取締役社長 (Representative Director & President))黒川 智(専門役員 テクノロジー担当 (former CTO, appointed 2021))

Co-investorsANOBAKAKUSABINOW JapanOpen Network Lab

AIで大幅業務効率化!No.1建物管理AI-SaaSthird-inc.co.jp

Co-investorsDG Daiwa VenturesOpen Network Lab

Amplium, Inctheamplium.comin𝕏

Amplium provides encoding and distribution software for immersive video content on Apple Vision Pro, serving studios and independent creators.

Creator EconomyMedia & Entertainment

Co-investorsOpen Network Lab

Art to Heritageart-to-heritage.co.jp

Company operating an art-related business, formerly named TRiCERA and changing its name to Art to Heritage.

B2B MarketplacesConsumerFintechMarketplacesTokyo, JP

井口 泰(Representative Director)

Co-investorsOpen Network Lab

ATOMicaatomica.co.jp

ATOMica operates social coworking spaces designed to foster relationships between people and enable connection and collaboration.

Future of WorkSaaSSocial宮崎市, JP

Co-investorsGlobal BrainHiroshima Venture Capital Co. Ltd.Iyogin CapitalNOW JapanOita Venture CapitalOpen Network Lab+1 more

AWLawl.co.jp

AWL develops edge AI solutions that turn physical spaces into data, running inference on on-site devices for applications across retail, manufacturing, logistics, and public infrastructure.

AI & Machine LearningEnterprise SoftwareIoTRetail TechTokyo, JP

北出 宗治(Founder, Representative Director & CEO)澤田 靖仁(Senior Executive Officer, CFO)土田 美那(Senior Executive Officer, CHRO)

Board土田 安紘(Director & CTO)

Co-investorsS Ventures

Boost Health

Human capital management startup addressing over-reliance on individual managers; raised 150 million yen.

Colegacolega.aiin

Colega AI builds AI-powered marketing tools that automate social media management for local small businesses.

AI & Machine LearningMarketing TechSaaS

Credit Enginecreditengine.jp

CreditEngine (クレジットエンジン株式会社) is a Japanese company that provides online lending and credit technology services.

AI & Machine LearningFintechSaaSTokyo, JP

内山 誓一郎(代表取締役 (Representative Director/CEO))in向山 裕介(取締役CPO)in新色 顕一郎(取締役COO)in神谷 麗(執行役員CFO / Finance and Strategy Lead)in阿藤 誠一(執行役員 / Lending Team Lead)in

Co-investorsCARTA VENTURES, Inc.freebit investmentPrime PartnersShizuoka Capital

CrestLabcrestlab-inc.com

CrestLab develops technology tools for anime creators and production studios.

AI & Machine LearningCreator EconomyMedia & EntertainmentTokyo, JP

坂東 裕太

Co-investorsOpen Network Lab

CuboRexcuborex.com𝕏

CuboRex manufactures and sells crawler units, transport/hauling equipment, and robots for facility and plant management, along with a robot development platform.

Deep TechHardwareLogistics & Supply ChainMobility & TransportationRoboticsTokyo, JP

嘉数 正人(代表取締役 (Representative Director))

Co-investorsDRONE FUNDOpen Network LabMIRAISEUNITED

E Ggoyoh.jp

Co-investorsOpen Network Lab

E Seitoss.com

Co-investorsOpen Network LabGenesia Ventures

E Sbusket.net

Co-investorsOpen Network Lab

enstemen-stem.co.jp

enstem develops industry-specific services for non-desk workers that use smartwatches and vital-sensing devices to monitor health and safety.

Digital HealthHealthtechIoTSaaSTokyo, JP

Kanta Yamamoto(代表取締役 (Representative Director / CEO))

Co-investorsInclusion Japan

Evecevec.jp

Evec (株式会社イーベック) is a Japanese biotechnology company that develops fully human monoclonal antibodies through its research labs.

BiotechDigital HealthHealthtechMedical DevicesSapporo, JP

土井 尚人(代表取締役社長 (President & CEO))梅田 久美子(取締役 管理本部長)三浦 りゅう(取締役 研究本部長)

Board松尾 清(取締役)

Farmnotefarmnote-hd.com

Farmnote develops a dairy farm management platform powered by AI that enables autonomous operation through voice dialogue, automating farm operations for dairy farmers in Japan.

AgTechAI & Machine LearningObihiro, JP

Co-investorsUntroD Capital

Forest Digitalforestdigital.org𝕏

forestdigital builds experiences using new technologies to deliver "wow" and happiness to people, positioning technology as a means to human wellbeing.

ConsumerHardwareMedia & EntertainmentWellness & FitnessHokkaido, JP

Tsuji Ki辻木勇二(代表取締役CEO)宮崎洋一(取締役 Chief Product Officer (CPO), Product & Strategy)原田健一(取締役CTO)

Forest Energyforestenergy.jp

Forest Energy Inc. is a Japanese company operating in the renewable energy sector, with subsidiaries and affiliates focused on forest/biomass energy.

Circular EconomyCleantechClimate TechEnergyEnshu, JP

沼 真吾(Representative Director & President)

GACCIgacci.co.jp

Startup in the pre-construction space that develops GACCI, a product to optimize estimating and quotation work in the construction industry.

Construction TechEnterprise SoftwareSaaSTottori, JP

Kenji Wakamoto(代表取締役 (Representative Director / CEO))

Goryo Chemicalgoryochemical.comin

Goryo Chemical develops fluorescence-based technology to visualize diseases and support diagnosis and treatment.

BiotechHealthtechMedical DevicesNew MaterialsTokyo, JP

Co-investorsMiyako CapitalS VenturesUniversal Materials Incubator

Hamposakihampo.co

Co-investorsANOBAKAInclusion Japan

Horizon Illuminationhorizonillumination.co.jp

HILO is a Hokkaido University spin-out commercializing a drug-efficacy evaluation method based on fluorescence bioimaging technology developed by Professor Yusuke Ohba.

BiotechDeep TechDigital HealthMedical DevicesSapporo, JP

天野 麻穂(代表取締役 (Representative Director / CEO))大場 雄介(取締役 (Director, R&D))

Board依田 知則(取締役 (Director))中井 正矩(取締役 (Director))石井 淳一(取締役 (Director))

Co-investorsOpen Network Lab

IDDKiddk.co.jpin

Space TechTokyo, JP

Co-investorsSamurai IncubateTechstarsSPARX Group

Jigowattsjigowatts.jp

Jigowatts develops, manufactures, and sells EV/PHV chargers and operates charging services, combining hardware and software technology.

CleantechEnergyHardwareIoTMobility & TransportationTokyo, JP

柴田 知輝(代表取締役 (Representative Director/CEO))下岡 優斗(取締役 (Director))

Co-investorsOpen Network Lab

JP UNIVERSE Inc.jpuniverse.com

JP Universe is a game tech company that develops RPG projects and an AI-powered world engine to create immersive experiences and economic ecosystems, including a project to turn Japan into an RPG.

AI & Machine LearningGamingTokyo, JP

田畑 端

KAICOkaicoltd.jp

KAICO produces difficult-to-express proteins using silkworm technology for use as pharmaceuticals, diagnostic tools, and reagents.

BiotechDeep TechMedical DevicesNishiku, JP

Co-investorsTechstarsUntroD CapitalItochu Technology VenturesMizuho Capital

Knowhereknowhere.co.jp𝕏

Knowhere develops AI-powered software for baseball player performance analysis, using computer vision to measure pitching and batting data from smartphone video.

AI & Machine LearningSports TechTokyo, JP

伊藤 久史

Co-investorsmint VC

Linkholalinkhola.com

Linkhola is a Japanese climate and sustainability tech company that builds platforms and science-based tools to help individuals, households, and businesses contribute to carbon neutrality and SDG goals.

CleantechClimate TechImpact & Social GoodSaaSSector AgnosticTokyo, JP

Yasuko Nomura(Founder)Ono(Co-founder & CTO)

LUUPluup.sc𝕏

Luup operates an electric micro-mobility sharing service providing electric kick scooters and pedal-assist bicycles for short urban trips in Japan.

ConsumerMobility & TransportationSaaSTokyo, JP

Co-investorsGlobal Braini-nest capitalOpen Network LabPKSHA Technology CapitalTBS Innovation PartnersANRI+2 more

M&A 動画を現場に実装し、働きかたを変えるvideostep.io

Co-investorsOpen Network Lab

M&A 運転を通じてモビリティの未来を切り開くalpacalab.jp
Manpuku Holdingsmanpuku-hd.jp

Manpuku Holdings is a Japanese holding company that acquires and operates restaurant and food-service businesses, taking over and turning around companies across chains such as sushi and other dining brands.

B2B MarketplacesConsumerFoodTechTokyo, JP

佐々木浩Tomoharu Kato(President & CEO (代表取締役社長))

Co-investorsAozora Corporate Investment

matsuri technologiesmatsuri.tech

matsuri technologies is a Japanese company building software-driven businesses in the travel and accommodation sector, focused on developing the tourism industry and labor-saving (automation) solutions to address staffing shortages.

PropTechSaaSTravel & Hospitality

Co-investorsGlobis Capital PartnersJapan Post Capital Co. Ltd.Open Network LabPrime PartnersMitsubishi HC Capital

MILIZEmilize.co.jp𝕏

MILIZE develops financial services using AI, generative AI, big data, and financial engineering, offering products such as life-planning tools that visualize asset longevity and financial advisory platforms.

AI & Machine LearningFintechInsurTechSaaSTokyo, JP

田中 徹(CEO・代表取締役社長)

Co-investorsJapan Post Capital Co. Ltd.

Miniiqueminiique.com

Miniique is a cloud-based electronic medical records system designed for veterinary hospitals that consolidates appointment scheduling, clinical notes, billing, and management operations.

Cloud ComputingHealthtechSaaS

NINAITEninaite.ne.jp

Japanese company providing recruitment, support, and staffing services for foreign "specified skilled" workers, including an agriculture-focused staffing operation.

AI & Machine LearningFuture of WorkHR TechSaaSSapporo, JP

横山三四郎(代表取締役社長 (President & CEO))平井凱斗(取締役 管理本部長)宮城勇也(取締役 事業本部長)加藤美保(取締役 人事本部長)

Co-investorsOpen Network Lab

ODD FUTUREoddfuture.net

ODD FUTURE is a Japanese trading company founded in 2020 that imports and sells protein, amino acids, and other health food raw materials, and provides OEM manufacturing for food and general goods.

Advanced ManufacturingB2B MarketplacesFoodTechSaaSWellness & FitnessTokyo, JP

長田 竜介(代表取締役 CEO)

oviceovice.comin

ovice operates a virtual space platform designed for remote and hybrid teams, positioning itself around flexible work styles beyond work-from-home or return-to-office models.

Enterprise SoftwareFuture of WorkSaaSSocial

Qlayqlay.techin𝕏

Qlay builds AI-powered recruitment tools, including AI interviewers and AI test proctors, that assess candidates' real skills while detecting misuse of AI in applications and reducing hiring bias.

AI & Machine LearningHR TechSaaSSan Francisco, US

中田 智文(代表取締役 CEO)山下 徳正(代表取締役 COO / CTO)

Co-investorsOpen Network Lab

Rainbow Inc.rainbowinc.co.jp

RAINBOW develops regenerative medicine products for brain repair, using autologous mesenchymal stem cells (MSCs) cultured from a patient's own bone marrow.

BiotechHealthtechMedical DevicesTokyo, JP

川堀真人 (Masato Kawabori)(取締役CSO (Director & CSO), Founding Scientist)七戸秀夫 (Hideo Shichinohe)(取締役CMO (Director & CMO), Founding Scientist)寳金清博 (Kiyohiro Houkin)(創業科学者 (Founding Scientist))黒田敏 (Satoshi Kuroda)(創業科学者 (Founding Scientist))高橋悠一 (Yuichi Takahashi)(代表取締役CEO (Representative Director & CEO))工藤貴史 (Takashi Kudo)(取締役CFO (Director & CFO))

S Gmentarest-corp.com
S Gboosthealth.jp

Co-investorsMPowerOpen Network Lab

S フリーランス向け業務管理ツールtooon.jp

Yuma Sugiyama(Founder)in

Co-investorsOpen Network LabZ Venture Capital

S 日本中の職務情報を整備するジョブマネジメントクラウドを提供exwork.jp𝕏

Job-Us is an HR-Tech AI platform that matches job seekers with roles based on passion and ability to support employment modernization in Japan.

AI & Machine LearningHR TechTokyo, JP

Secualsecual-inc.com𝕏

Secual provides home security products and services aimed at making residential security affordable and easy for everyday consumers to use.

ConsumerHardwareIoT

Co-investorsIyogin CapitalZENRIN FUTURE PARTNERS

Spatial Pleasurespatial-pleasure.xyz𝕏

Spatial Pleasure builds the Mobility Intelligence Platform (MIP), which combines pre-built functional micro-components to address recurring operational challenges for transport and logistics operators.

Climate TechLogistics & Supply ChainMobility & Transportation

Suzuki(CEO / 代表)

Co-investorsOpen Network LabSpiral CapitalDEEPCORE Inc.G-STARTUPLiving Lab Ventures

Spiker社spiker.jp

Co-investorsInclusion Japan

Sumasaposumasapo.co.jp𝕏

Sumasapo Inc. provides multiple software solutions for the real estate property management industry and operates the resident app "totono" to support digital transformation.

Enterprise SoftwareIoTPropTechSaaSTokyo, JP

小田慎三(代表取締役社長CEO)Shinzo Oda(代表取締役社長CEO (President & CEO))Yusuke Fujii(代表取締役副社長COO (Vice President & COO))Dan Morita(取締役CTO (Director & CTO))Kazuya Muronosono(取締役CFO (Director & CFO))

teploteplotea.com𝕏

teplo makes a smart tea brewing device that uses six built-in sensors (measuring pulse, fingertip temperature, room temperature, humidity, light, and noise) plus an app-selectable tea database to automatically control brewing temperature, time, and method for personalized tea.

ConsumerHardwareIoT

Co-investorsMonozukuri VenturesShizuoka Capital

Tokutytokuty.jp

tokuty is a recruitment platform that directly connects Japanese companies with foreign "specified skilled worker" (tokutei ginō) job seekers, drawing on a database of over 37,000 candidates and a network of 392 overseas partner firms in countries such as Vietnam, Indonesia, Thailand, and the Philippines.

B2B MarketplacesFuture of WorkHR TechMarketplaces

Co-investorsOpen Network Lab

VNDvnd.co.jp

verbal and dialogue is a construction technology company that develops "Cheez," a SaaS service for automatically creating construction photo albums (工事写真帳).

AI & Machine LearningConstruction TechSaaSOsaka, JP

Yoshiki Morikawa(Representative Director)

Co-investorsOpen Network Lab

WAAK°waak.space𝕏

WAAK° is a furniture brand for workspaces, offering products such as standing desks and tables designed to fit modern work styles while emphasizing durability and detail.

ConsumerFuture of WorkOkawa, JP

Co-investorsGxPartnersOpen Network Lab

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has DG Incubation made?
DG Incubation has 81 tracked investments.
What stage does DG Incubation invest at?
DG Incubation invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
What sectors does DG Incubation focus on?
DG Incubation focuses on Biotech, Climate Tech, Healthtech, Impact & Social Good, Sector Agnostic.
Who does DG Incubation co-invest with?
DG Incubation most often shares deals with Open Network Lab, Global Brain, Japan Post Capital Co. Ltd., among 50 tracked co-investors.

Images

DG Incubation photo

Co-investors · 1

MS&AD Ventures

MS&AD Ventures is the corporate venture arm that invests in early-stage companies, partnering with entrepreneurs to build innovative solutions across insurance-adjacent and technology sectors.

$500K – $3M

Firms observed investing alongside DG Incubation, from public investor directories. Shared companies are the overlap with DG Incubation's recorded portfolio.

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