Inclusion Japan
Venture capitalPre-Seed–Growth
Also known as インクルージョン・ジャパン株式会社
Investment thesis
Inclusion Japan (ICJ) aims to create a 'society with a tangible sense of involvement' by providing opportunities, occasions and environments that expand individual possibilities. The firm invests in and provides hands-on execution support to startups, emphasizing bringing together diverse, exceptional talent to build breakthrough businesses. ICJ runs its second venture fund and operates what it describes as Japan's first VC fund dedicated to search funds, reflecting a focus on early-stage venture creation, incubation and organizational transformation.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 21 of 33 portfolio companiesSaaS ×7AI & Machine Learning ×5Enterprise Software ×4Hardware ×4Healthtech ×4Cleantech ×3Medical Devices ×3Climate Tech ×2
HQs:Japan×15Ethiopia×4
Investments · 33 tracked
founders shown can be your intro pathAddis Software is a custom software development firm that builds tailored web and application solutions for businesses seeking digital transformation and operational optimization.
Developer ToolsEnterprise SoftwareSaaSAddis Ababa, ET
Abenezer
Dodai builds electric motorcycles designed for African roads, along with IoT-enabled battery systems and a battery-swapping station network.
CleantechHardwareMobility & TransportationAddis Ababa, ET
Yuma Sasaki(Founder / CEO)Abenezer Yakob(CTO)Hilina Legesse(SVP / Head of Corporate Services)Chuan Yee(Head of Engineering & Production)Samuel Tariku(VP / Head of Commercial)Piniel Berhane(VP / Head of Finance)
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))
An accelerator program operated by MUFG ICJ that connects startups and small-to-medium enterprises with large corporations and financial institutions for collaborative projects focused on ESG and sustainability goals.
Impact & Social Good
Kamakura-based company using data-driven behavior change; develops a self-monitoring habit app.
GoodayOn is a digital marketplace in Addis Ababa that connects households and businesses with vetted service providers for cleaning, cooking, babysitting, maintenance, renovation, and hiring.
ConsumerFuture of WorkMarketplacesSaaSAddis Ababa, ET
Alem Abreha(Co-founder & CEO)Tigist Afework(Co-Founder & COO)Bethel Tesfaye(CMO)
Hatena is a Japanese social bookmarking and blogging platform that aggregates user-curated content and discussions.
Media & EntertainmentSocialTokyo, JP
Impact Circle builds a global team of experts in business development, microfinance, and governance to create social impact in both Japan and emerging markets.
FintechImpact & Social GoodSocialTokyo, JP
Satoshi Takahashi(Representative Director & CEO)
JCCL develops carbon dioxide capture and resource recovery technology for achieving carbon neutrality.
Advanced ManufacturingCleantechClimate TechTokyo, JP
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
ONCALL operates a home medical care support service in Japan, providing night and holiday house-call teams plus an online "Connect" team that supports clinical decisions and links medical institutions and multidisciplinary staff nationwide.
Digital HealthEnterprise SoftwareHealthtechMedical DevicesSaaSTokyo, JP
Takayoshi Fuu(代表取締役 CEO / M.D.)
ovgo baker makes vegan American-style cookies and baked goods produced entirely from plant-based ingredients, without eggs or butter, including gluten-free and allergen-free options.
Direct to ConsumerE-commerceFoodTech
Porty is a marketplace for buying and selling properties in Japan, where sellers and buyers interact directly to transact on any type of property.
MarketplacesPropTech
Prairie Card is an NFC-enabled digital business card service: users tap the card on a smartphone to share a profile page with contact details, social accounts, and portfolio links without needing an app.
ConsumerHardwareSaaS
Work Wonders is a Tokyo-based company offering consulting services centered on the operation of generative AI, along with a media business.
AI & Machine LearningEnterprise SoftwareMarketing TechMedia & EntertainmentTokyo, JP
Yuya Adachi(代表取締役CEO (Representative Director & CEO))Satoshi Umeda(取締役CPO (Director & CPO))Yuta Okada(取締役CTO (Director & CTO))
Startup visualizing food sustainability metrics at the product and raw-material level.
Sustainacraft evaluates the effectiveness of nature conservation and forest carbon projects by combining satellite remote sensing with causal inference techniques, quantifying carbon credit baselines with high accuracy.
AI & Machine LearningCircular EconomyCleantechClimate TechEnterprise Software
Unnamed CEO(Founder (Business & Product Development))
Frequently asked questions
- What stage does Inclusion Japan invest at?
- Inclusion Japan invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What sectors does Inclusion Japan focus on?
- Inclusion Japan focuses on AgTech, AI & Machine Learning, Cleantech, Climate Tech, Consumer, Fintech, Healthtech, Impact & Social Good, InsurTech, Marketplaces, Medical Devices, PropTech, SaaS, Sector Agnostic, Space Tech.
- Does Inclusion Japan lead rounds?
- Yes, Inclusion Japan leads investment rounds.
Images
Similar investors
Everywhere Ventures is an early-stage venture firm that backs founders globally, supported by a community of founders and operators as LPs.
Khosla Ventures is a venture capital firm known for backing bold, contrarian bets in world-class teams that can reshape entire industries.
INP Capital is a global investment firm that invests across the full company life cycle, from early stage to pre-IPO, seeking to identify and back emerging technology companies as they scale toward unicorn status.
MDI Ventures is the corporate venture capital arm of Indonesia's Telkom Group, investing in technology startups and emphasizing measurable social and environmental impact alongside financial returns.
MPG Fund is an early-stage venture investor backing technology startups.