DG Incubation
Corporate VCPre-Seed–Growth · 1 people tracked
Also known as 株式会社DGインキュベーション
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.
Team · 1 people
from public directoriesWhat they invest in
from 58 of 81 portfolio companiesSaaS ×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 companiesFounding team size:solo founder×192 founders×44+ founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 81 tracked
founders shown can be your intro pathKomham 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
Co-investorsJapan Post Capital Co. Ltd.
Co-investorsOpen Network LabSeiho Investment Works
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 develops direct air capture systems that remove CO2 from the atmosphere to address climate change.
CleantechClimate TechDeep TechPalo Alto, US
Co-investorsLotte Ventures JapanOpen Network LabX-HUB TOKYO Global Startup Accelerator
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
Co-investorsDG Daiwa VenturesOpen Network Lab
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
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
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
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
Human capital management startup addressing over-reliance on individual managers; raised 150 million yen.
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
CrestLab develops technology tools for anime creators and production studios.
AI & Machine LearningCreator EconomyMedia & EntertainmentTokyo, JP
坂東 裕太
Co-investorsOpen Network Lab
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
Co-investorsOpen Network Lab
Co-investorsOpen Network LabGenesia Ventures
Co-investorsOpen Network Lab
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
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)
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
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 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)
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 Chemical develops fluorescence-based technology to visualize diseases and support diagnosis and treatment.
BiotechHealthtechMedical DevicesNew MaterialsTokyo, JP
Co-investorsMiyako CapitalS VenturesUniversal Materials Incubator
Co-investorsANOBAKAInclusion Japan
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
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 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
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
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)
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
Co-investorsOpen Network Lab
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 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
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.
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
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 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)
Co-investorsJIC Venture Growth InvestmentsKiraboshi CapitalSeibu Shinkin CapitalZENRIN FUTURE PARTNERS
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 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))
Co-investorsMPowerOpen Network Lab
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
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 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
Co-investorsInclusion Japan
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))
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
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
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° 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
xMap is a global geospatial data infrastructure platform that delivers POI, mobility, traffic, demographics, and parcel data through agent-ready APIs and MCP bindings so AI agents can query the physical world.
AI & Machine LearningData & InfrastructureDeep TechSector AgnosticWilmington, US
Ayman Imam(Founder)
Co-investorsCubit VenturesOpen Network Lab
xTension is a live streaming DX service that enables audiences to send real-time emote reactions from their smartphones during live performances and events, displayed on stage to create engagement across both in-venue and live-viewing audiences.
Media & EntertainmentSocialTokyo, JP
Co-investorsOpen Network Lab
Arsaga Partners provides one-stop digital transformation (DX) services including business and technology consulting, AI development, system and application development, and web production and marketing.
AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaSTokyo, JP
Taimei Omata(代表取締役社長CEO兼CTO (President, CEO & CTO))
Co-investorsNippon Venture Capital
A Japanese regional development company that builds NFT platforms and digital systems for local governments and municipalities to support local economies.
B2B MarketplacesCreator EconomyCrypto & Web3GovTechImpact & Social GoodTokyo, JP
畠中 博晶 (Hiroaki Hatanaka)(CEO)
Co-investorsGlobal BrainSkyland Ventures
Ichirou operates a caregiving workforce sharing platform and provides home care support and facility referral services for the elderly care market in Japan.
B2B MarketplacesDigital HealthHealthtechHR TechTokyo, JP
Co-investorsFast Track InitiativeGlobal BrainMPowerOpen Network Lab
WealthPark builds a technology platform for alternative asset investing, covering assets such as real estate, art, whisky, wine, and unlisted equities, aiming to broaden access to alternative investment opportunities.
FintechPropTechSaaSTokyo, JP
川田 隆太(Founder & 代表取締役CEO)in手塚 健介(取締役副社長COO)in白崎 純平(専務取締役CFO / 米国事業責任者)in藤井 貴浩(執行役員 CTO)in吉本 祐貴(執行役員CDO)in
Co-investorsJapan Post Capital Co. Ltd.
Kirifuda develops on-chain finance products and blockchain intelligence services (data analysis, index development, and compliance support) that let businesses embed blockchain-based financial features without specialized expertise.
Crypto & Web3CybersecurityData & InfrastructureEnterprise SoftwareFintechTokyo, JP
Hideyuki Akagawa(代表取締役社長 (Representative Director & President))Tomoki Yamaguchi(取締役・ブロックチェーンインテリジェンス代表 (Director))Kazuma Iizumi(取締役 (Director))Hifumi Takai(CTO)
Co-investorsOpen Network LabSkyland Ventures
Co-investorsOpen Network LabW Inc.
Co-investorsOpen Network Lab
Co-investorsGxPartners
Co-investorsJapan Post Capital Co. Ltd.
Co-investorsOpen Network Lab
Archeda develops a satellite- and AI-powered Nature-based Solutions platform that provides forest monitoring and carbon credit intelligence, including baseline modeling, carbon stock estimation, and MRV.
AI & Machine LearningClimate TechSpace Tech
Co-investorsGlobal Brain
Redcliff operates drone light shows in Japan, holding the country's largest fleet of show drones managed domestically.
HardwareMedia & EntertainmentRobotics
Co-investorsDRONE FUNDSamurai Incubate
eMoBi sells and develops mobility-related products and services aimed at making everyday travel more enjoyable, while supporting sustainable town development.
Mobility & TransportationTravel & HospitalityKamakura, JP
石川 (Ishikawa)
Co-investorsJR East Start UPOpen Network Lab
Lang-8 operates HiNative, a Q&A platform where users worldwide ask and answer questions about languages and cultures for mutual language learning.
ConsumerEdTechSocial
Co-investorsKyoto University Innovation CapitalOpen Network LabZ Venture Capital
Welmo develops care technology products for Japan's elderly-care sector, including AI that records visits and meetings to automatically transcribe and summarize them into standardized care records.
AI & Machine LearningDigital HealthHealthtech
Co-investorsFemto PartnersSX Capital, Inc.UTokyo Innovation Platform Co. Ltd.Z Venture Capital
Co-investorsJR East Start UP
SHIN-MIRAI INC. (株式会社森未来) is a Japanese company focused on wood/timber procurement and coordination, holding FSC and SGEC chain-of-custody certifications.
AgTechAI & Machine LearningB2B MarketplacesConstruction TechData & InfrastructureNew MaterialsTokyo, JP
Junpei Asano(代表取締役 (Representative Director / CEO))
Co-investorsANOBAKACanal VenturesOpen Network Lab
Enu Pharma (遠友ファーマ) is a biotech startup developing antibody drugs with high selectivity based on a glycopeptide-targeting method discovered at Hokkaido University.
BiotechDeep TechHealthtechMedical DevicesSapporo, JP
安井 忠良(代表取締役社長 (President & CEO))
BoardShinichiro Nishimura(Professor)
Co-investorsKyoto University Innovation CapitalOpen Network Lab
Portfolio news
latest coverage across their companiesATOMica · thebridge.jp · Mar 9, 2026
LUUP · japanstartupobserver.substack.com · Dec 5, 2025
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
Co-investors · 1
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.
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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