Hulic Startup
Corporate VCTokyo · Seed–Growth
Also known as ヒューリックスタートアップ株式会社
Investment thesis
Hulic Startup invests on behalf of the Hulic Group, aiming to build joint ventures and new value creation with portfolio companies while leveraging the group's commercial real estate assets and resources. Its investments focus on six areas: real estate, healthcare, tourism, environment, education, and other high-growth-expectation domains that support future social infrastructure. The firm seeks business matching and collaboration opportunities between startups and the parent real estate group. It operates two funds (a first fund of 2 billion yen and a second fund of 1.5 billion yen) as a wholly owned subsidiary of Hulic Co., Ltd.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 7 of 18 portfolio companiesHardware ×3AI & Machine Learning ×2Deep Tech ×2Space Tech ×2AgTech ×1B2B Marketplaces ×1Cleantech ×1Climate Tech ×1
HQs:Japan×7
Investments · 18 tracked
founders shown can be your intro pathArkEdge Space designs, builds, and operates microsatellites and satellite constellations, and provides related components, software, and satellite ground station operation services.
Deep TechHardwareSpace TechTokyo, JP
Takayoshi Fukuyo(代表取締役CEO)Ryohei Takahashi(取締役Co-CTO)Kanta Yanagida(取締役Co-CTO)Seigo Morita(執行役員CFO)Tomoaki Yasuda(執行役員CSO)Kota Kakihara(執行役員Co-CTO)
Co-investorsJIC Venture Growth InvestmentsShizuoka CapitalUntroD Capital
Co-investorsKeio Innovation Initiative
HarvestX develops agricultural robots that perform fully automated pollination and harvesting of strawberries, using fruit-detection algorithms, flower orientation detection, and fruit ripeness classification for yield prediction.
AgTechAI & Machine LearningRobotics
Co-investorsSumitomo Mitsui Trust nvestment Co. Ltd.UTokyo Innovation Platform Co. Ltd.
LocationMind provides location intelligence and spatial analysis services using GNSS positioning, satellite imagery, IoT sensing (LiDAR, UWB), and mobile big data to support urban planning, infrastructure, mobility, and commercial applications across multiple sectors.
AI & Machine LearningData & InfrastructureIoTTokyo, JP
Naoki Kiritani(Founder / CEO)Ryosuke Shibasaki(Founder / CTO)Dinesh Manandhar(Founder / CDO)
Co-investorsFunds StartupsMiyako CapitalShizuoka CapitalZENRIN FUTURE PARTNERS
Coroyawa is a specialized flooring material designed to reduce fracture and trauma risk for elderly users by combining stable walking comfort with impact absorption during falls.
HardwareHealthtechMedical DevicesNew MaterialsHamamatsu, JP
Yuya Miyajimain
Co-investorsCarbide VenturesInclusion JapanJIC Venture Growth InvestmentsMonozukuri VenturesMPowerTechstars
Co-investorsPRIMAL CAPITAL
SALOWIN operates share-salon services for freelance beauty professionals such as hairstylists, eyelash artists, and nail technicians, offering private and premium booth-style salon spaces.
B2B MarketplacesConsumerMarketplacesPropTechTokyo, JP
Tomoya Abe(Representative (代表者))
Co-investorsColopl NextSumisho Venture Partners
Space BD provides end-to-end support for space business, including satellite development and manufacturing, launch and deployment, on-orbit demonstration, and ground transport support.
Deep TechEdTechSpace Tech
Co-investorsAozora Corporate InvestmentNippon Venture CapitalON&BOARDSpiral CapitalSpiral Innovation PartnersXTech Ventures
WOTA develops small-scale decentralized water recycling systems and autonomous water treatment control systems.
CleantechClimate TechHardwareImpact & Social GoodTokyo, JP
Yosuke Maeda(代表取締役 (Representative Director))
Co-investorsDEEPCORE Inc.Development Bank of JapanMitsubishi UFJ Asset ManagementSMBC Nikko SecuritiesSoftBank GroupSumitomo Mitsui Trust Bank+4 more
Frequently asked questions
- How many investments has Hulic Startup made?
- Hulic Startup has 18 tracked investments.
- What stage does Hulic Startup invest at?
- Hulic Startup invests at the Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Hulic Startup focus on?
- Hulic Startup focuses on AgTech, Cleantech, Climate Tech, Construction Tech, EdTech, Energy, Healthtech, PropTech, Sector Agnostic, Space Tech, Travel & Hospitality.
- Where is Hulic Startup located?
- Hulic Startup is headquartered in Tokyo, JP.
- Who does Hulic Startup co-invest with?
- Hulic Startup most often shares deals with JIC Venture Growth Investments, Shizuoka Capital, UntroD Capital, among 26 tracked co-investors.
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