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 directories
What they invest in
from 50 of 81 portfolio companiesSaaS ×17AI & Machine Learning ×14B2B Marketplaces ×7Biotech ×7Fintech ×7Healthtech ×7Deep Tech ×6Enterprise Software ×6
HQs:Japan×45United States×1
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)
280 Earth develops direct air capture systems that remove CO2 from the atmosphere to address climate change.
CleantechClimate TechDeep TechPalo Alto, US
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))
Amplium provides encoding and distribution software for immersive video content on Apple Vision Pro, serving studios and independent creators.
Creator EconomyMedia & Entertainment
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)
ATOMica operates social coworking spaces designed to foster relationships between people and enable connection and collaboration.
Future of WorkSaaSSocial宮崎市, 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)
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))向山 裕介(取締役CPO)新色 顕一郎(取締役COO)神谷 麗(執行役員CFO / Finance and Strategy Lead)阿藤 誠一(執行役員 / Lending Team Lead)
CrestLab develops technology tools for anime creators and production studios.
AI & Machine LearningCreator EconomyMedia & EntertainmentTokyo, JP
坂東 裕太
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))
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)松尾 清(取締役)三浦 りゅう(取締役 研究本部長)
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
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
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))依田 知則(取締役 (Director))中井 正矩(取締役 (Director))石井 淳一(取締役 (Director))
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))
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
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)
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)
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))
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)
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)
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)高橋悠一 (Yuichi Takahashi)(代表取締役CEO (Representative Director & CEO))七戸秀夫 (Hideo Shichinohe)(取締役CMO (Director & CMO), Founding Scientist)工藤貴史 (Takashi Kudo)(取締役CFO (Director & CFO))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))
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
Cuborex develops crawler (tracked) mobility platforms for robotics, including the ROS-compatible CuGo development platform and electric crawler units used for building rugged robots that operate on rough terrain such as mountain roads and disaster sites.
Deep TechHardwareRobotics
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)
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))
Tokuty is a Japanese recruitment platform connecting companies that want to hire specified-skilled ("tokutei ginou") foreign workers with job seekers, using a database of over 37,000 candidates and a network of 392 overseas partner agencies across countries such as Vietnam, Indonesia, and the Philippines.
B2B MarketplacesHR TechMarketplaces
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)
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
Portfolio news
latest coverage across their companiesATOMica · thebridge.jp · Mar 9, 2026
LUUP · japanstartupobserver.substack.com · Dec 5, 2025
Frequently asked questions
- 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.
Images
Co-investors · 1
MS&AD Ventures is the corporate venture arm backed by MS&AD Insurance Group Holdings, with a team experienced in both investing and operating.
Firms observed investing alongside DG Incubation, from public investor directories. Shared companies are the overlap with DG Incubation's recorded portfolio.
Similar investors
Innovestor is a Nordic investment group operating across venture capital, life science, real estate, energy storage, and corporate venturing platforms, and is among the most active early-stage investors in the region.
UntroD Capital is a deep-tech-focused investment firm that backs research-and-development-driven startups whose innovative technologies address challenges facing the planet and humanity, an approach it terms 'Real Tech'.
MassChallenge is a global startup accelerator that runs programs supporting founders through access to a network of corporates, experts, funders, and industry leaders, without taking equity.
MaRS is a Toronto-based innovation hub and accelerator that supports Canadian startups from pre-seed funding through international expansion, offering workspace, mentorship, investor and customer connections, and sector-focused programming.
Forbion is a global venture capital firm focused on advancing biotech innovations and sustainable solutions aimed at improving human and planetary health.