Japan Investment
Government fundTokyo · Pre-Seed–Late Stage
Also known as 株式会社産業革新投資機構
Investment thesis
JIC aims to strengthen Japan's industrial competitiveness and foster a virtuous cycle of risk money. It acts as a fund-of-funds LP, backing venture capital funds, Japan-focused buyout funds, and other funds seeking LP capital, while also supplying capital directly to startups and to corporate restructuring and growth investments. Its mandate is policy-driven, targeting sectors of strategic significance to Japan's future, and it emphasizes ecosystem building and the promotion of diversity, equity, and inclusion, including advancing women's participation across Japan's fund industry.
Source: firm website, verified Aug 3, 2026.
What they invest in
from 1 of 13 portfolio companiesAgTech ×1Cleantech ×1Developer Tools ×1Enterprise Software ×1Marketing Tech ×1SaaS ×1
HQs:Denmark×1Japan×1
Investments · 13 tracked
founders shown can be your intro pathDrug-discovery fund investing in Phase III candidates from Catalys existing portfolio to support late-stage development and commercialization; JIC committed USD 14m.
Co-investors4impact capitalAct Venture CapitalACT Venture CapitalAmadeus Capital SAAngel Physicians FundAnkur Capital+58 more
Webflow is a web design and content management platform that enables teams to create, manage, and optimize custom websites and web applications without heavy developer involvement.
AgTechCleantechDeveloper ToolsEnterprise SoftwareMarketing TechSaaSCopenhagen, DK
Adam Ingwersen(Founder)inFrederik Ingwersen(Founder)in
Co-investors2048 VenturesAmboy Street VenturesAmino CapitalArtis VenturesBasis Investment Group, LLCBlackhorn Ventures+27 more
Carve-out and roll-up strategy for mid-sized electronics, chemicals, healthcare, logistics, and consumer-goods firms; JIC committed JPY 10.0bn.
A Japanese government-affiliated fund that supplies risk capital to venture and growth-stage companies and collaborates with private-sector operators to strengthen Japan's industrial competitiveness.
Sector Agnostic
PE fund supplying large-scale, long-term risk capital toward Society 5.0 and industry reorganization; JIC committed JPY 200.0bn.
PE fund creating GX/DX-driven new businesses and strengthening domestic industry competitiveness; JIC committed JPY 600.0bn.
Co-investment fund for large-scale business reorganization alongside JIC; JIC committed JPY 900.0bn.
Co-investment fund partnering with PEF2 on large deals; JIC committed JPY 200.0bn.
Fund supporting regional medical institutions and healthcare providers to create Japan's first integrated healthcare provider; JIC committed JPY 24.0bn.
Growth-stage startup fund targeting climate, healthcare, and inclusive-society impact; JIC committed JPY 12.0bn.
Fund investing in carve-outs and long-term growth across manufacturing, healthcare, education, and hotel/real estate services; JIC committed JPY 14.0bn.
Frequently asked questions
- How many investments has Japan Investment made?
- Japan Investment has 13 tracked investments.
- What stage does Japan Investment invest at?
- Japan Investment invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does Japan Investment focus on?
- Japan Investment focuses on Sector Agnostic.
- Where is Japan Investment located?
- Japan Investment is headquartered in Tokyo, JP.
- Who does Japan Investment co-invest with?
- Japan Investment most often shares deals with Artis Ventures, Buoyant Ventures Management, Llc, Khosla Ventures, among 30 tracked co-investors.
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