Tokyo · Growth–Late Stage · 33 people tracked
Investment thesis
VGI invests to promote innovation, strengthen Japan's international competitiveness, and address industrial and social challenges. It focuses on supporting startups seamlessly through their growth phase, accelerating innovation and driving the practical social implementation of new technologies. Alongside investing in the development of new industries, the firm aims to help build Japan's startup ecosystem across growth areas.
Source: firm website, verified Aug 3, 2026.
Team · 33 people
from the firm's website & public directories
What they invest in
from 43 of 125 portfolio companiesDeep Tech ×14AI & Machine Learning ×13Biotech ×10Hardware ×9SaaS ×8Healthtech ×7Medical Devices ×6B2B Marketplaces ×5
HQs:Japan×34United States×3Singapore×1
Who they back
founder profiles across 15 portfolio companiesFounding team size:solo founder×92 founders×33 founders×24+ founders×1
Accelerator rootsportfolio companies that came through a program
Investments · 125 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 12024 · 12023 · 22019 · 16 dated
MJOLNIR SPACEWORKS (MSW) develops hybrid rocket engines and weld-free tanks with the goal of mass-producing rockets, using its own engine technology focused on safety, simplicity, and cost.
Deep TechHardwareSpace TechTokyo, JP
Kazuo Yonekura(Chief Executive Officer)Mitsunori Itoh(Chief Research Officer)Yohei Sato(Chief Technology Officer)
Co-investorsMitsubishi UFJ CapitalUntroD Capital
TOKIUM operates as a time infrastructure company that uses technology and innovation to help people and organizations accelerate toward their future by reducing waste and creating value through their time.
AI & Machine LearningEnterprise SoftwareFintechSaaSTokyo, JP
Co-investorsJAFCO GroupTGVest Capital
User Like, Inc. is a Japanese company operating gift, subscription, and web service businesses, along with product planning and development through collaborations.
ConsumerDirect to ConsumerE-commerceTokyo, JP
Ryota Takei(代表取締役CEO (Representative Director & CEO))Ken Watanabe(執行役員CFO (Executive Officer & CFO))
Co-investorsANOBAKANorinchukin CapitalAPOLLO CAPITALColopl NextNOW Japan
NearMe operates a shared shuttle service powered by proprietary AI that matches people with rides to reduce inefficient transportation and provide affordable, convenient mobility.
AI & Machine LearningB2B MarketplacesMobility & TransportationTokyo, JP
Koichiro Takahara(CEO)Kenji Hosoda(CTO)Naoyuki Matsukura(CFO)Taiki Inoue(CMO)
Co-investorsDBJ CapitalGlobal BrainAozora Corporate Investment
A pharmaceutical company focused on supplying medicines and improving access to high-quality drugs, offering branded originator drugs, authorized generics, complex generics, and other generic medicines.
BiotechHealthtech
Co-investorsSoftBank Vision Fund
Co-investorsUTokyo Innovation Platform Co. Ltd.
A venture studio embedded within Alloy Therapeutics that partners with academics, entrepreneurs, pharma companies, and VCs to create and develop early-stage drug discovery companies.
BiotechDeep TechWaltham, US
Errik B. Anderson(Executive Officer, Director)inPiotr Bobrowicz(Executive Officer, Director)Jay Rosanelli(Executive Officer)
BoardAnthony Sun(Director)Alaa Halawa(Director)Ulrik Nielsen(Director)in
Co-investors82VS8VCMC Healthcare VenturesMission Biocapital
AnyMind Group builds proprietary platforms for the business supply chain, covering e-commerce and D2C management, marketing, influencer and creator growth, manufacturing, logistics, and publisher monetization.
AdTechE-commerceMarketing TechSingapore, SG
Co-investorsDIMENSIONEndeavor CatalystJapan Post Capital Co. Ltd.
ArkEdge 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-investorsHulic StartupShizuoka CapitalUntroD Capital
Co-investorsZ Venture Capital
Axelspace provides microsatellite services through its "AxelLiner" one-stop offering — covering design, manufacturing, launch arrangement, and post-launch operation — and operates the "AxelGlobe" Earth observation platform built on its GRUS satellite constellation.
Deep TechHardwareSpace TechTokyo, JP
Yuya Nakamura(President and CEO)
Co-investorsNippon Venture CapitalSMBC Venture Capital
The company develops non-cathartic virtual colonoscopy technology to enable early detection of colorectal cancer, which ranks first in cancer incidence and second in cancer mortality in Japan.
AI & Machine LearningDigital HealthHealthtechMedical Devices
Co-investorsBeyond Next VenturesGlobal Brain
ENECHANGE is an energy-tech company focused on the "energy information revolution" through the use of energy data, with roots in Cambridge, UK.
CleantechData & InfrastructureEnergy
Co-investorsAcario Innovation
Faeger generates and sells agriculture-derived carbon credits, working with farmers, local governments, and agricultural cooperatives (JA) to implement decarbonization farming methods and produce traceable credits.
AgTechB2B MarketplacesBiotechCleantechClimate Tech
Co-investorsSumisho Venture PartnersEnergy & Environment Investment
GAIA BioMedicine (株式会社ガイアバイオメディシン) develops GAIA-NK, a cell therapy using engineered cells with high cytotoxic activity against solid tumors, based on research from Kyushu University.
BiotechHealthtechMedical DevicesFukuoka, JP
Yoshikazu Yonemitsu(Founder)Kazuyuki Kuramori(Representative Director, President & CEO)Yui Harada(Director & CTO)Daisuke Ara(Director & CFO)
Co-investorsOSAKA University Venture CapitalUntroD Capital
Tokyo
Sho Nakanose(Executive Officer, Director)
GITAI develops robotic technologies for space exploration, specializing in robotic solutions for the construction and maintenance of satellites, lunar settlements, and planetary infrastructure.
Deep TechMobility & TransportationRoboticsSpace TechTorrance, JP
Sho Nakanose(Executive Officer, Director, Promoter)Tatsuro KoyamaToyotaka Kozuki(Director)Yuta Kimura(Director)
Co-investors500 GlobalCoral CapitalDBJ CapitalGlobal BrainKDDI Open Innovation FundSkyland Ventures
Co-investorsAccord VenturesJapan Post Capital Co. Ltd.ZENRIN FUTURE PARTNERS
Co-investorsSony Ventures CorporationTBS Innovation Partners
Developing prosthetic leg manufacturing solutions using 3D printing and AI.
Co-investorsIT-Farm CorporationUTokyo Innovation Platform Co. Ltd.
Kyoto Fusioneering develops fusion energy technology and related engineering solutions to enable carbon-neutral power generation and advanced chemical processes such as hydrogen production and carbon capture.
Climate TechDeep TechEnergyKyoto, JP
Taka Nagao(Founder)inShutaro Takeda, Ph.D.(Founder)in
Co-investorsCoral CapitalDBJ CapitalGlobal BrainKyoto University Innovation CapitalSumitomo Mitsui Trust nvestment Co. Ltd.Techstars+2 more
Co-investorsBeyond Next Ventures
Life is Tech provides educational programs to Japanese middle and high school students to develop their potential and skills in technology and innovation.
AI & Machine LearningEdTechTokyo, JP
Lilz develops AI cloud software specialized for remote inspection and wireless IoT camera systems for infrastructure and facility monitoring.
AI & Machine LearningEnterprise SoftwareIoTOkinawa, JP
Co-investorsBeta venture capitalJR East Start UPEnergy & Environment Investment
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 VenturesHulic StartupInclusion JapanMonozukuri VenturesMPowerTechstars
Manabie builds end-to-end digital infrastructure for educational institutions, offering a composable microservices system that covers tutoring, learning management, and operational administration.
AI & Machine LearningEdTechSaaS
Takuya Homma(Founder)inChristy Wong(Founder)in
Co-investorsGlobis Capital PartnersAozora Corporate InvestmentGenesia VenturesMitsubishi UFJ Capital
Technology-driven real estate model providing cost-effective vacation rentals and homes completed online.
Co-investorsRegional Revitalization SolutionVertex Ventures Sea Management Pte. Ltd.ZENRIN FUTURE PARTNERS
MOSH is a platform connecting creators with customers based on individual reputation and expertise rather than corporate affiliation.
AI & Machine LearningB2B MarketplacesCreator EconomyMarketplacesSaaSTokyo, JP
Kazuya Yabu(Founder)in
Co-investorsDBJ CapitalGlobal BrainKDDI Open Innovation FundPrime PartnersSumisho Venture PartnersGenesia Ventures+2 more
Co-investorsDG IncubationKiraboshi CapitalSeibu Shinkin CapitalZENRIN FUTURE PARTNERS
Power Diamond Systems develops diamond semiconductor power and high-frequency devices, commercializing technology transferred from Waseda University research.
CleantechDeep TechEnergyHardwareSemiconductorsTokyo, JP
Tatsuya Fujishima(Co-Founder & CEO)Hiroshi Kawarada(Co-Founder)藤嶌 辰也(Co-Founder & CEO)川原田 洋(Co-Founder)
Co-investorsWaseda University Ventures
PowerSpin develops spintronics-based power semiconductors and high-efficiency power electronics technology, offering intellectual property licensing, circuit designs, and consulting services.
AI & Machine LearningDeep TechHardwareSemiconductorsSendai, JP
遠藤哲郎(代表取締役COO / CTO (東北大学教授))福田悦生(代表取締役CEO)
PRD Therapeutics is a drug-discovery startup developing first-in-class oral SOAT2-selective inhibitors (PRD compounds derived from pyripyropene A) to regulate lipid metabolism.
BiotechLongevityTokyo, JP
細田 莞爾(代表取締役社長 / President & Co-Founder)供田 洋(社外取締役 / Co-Founder)
Co-investorsJAFCO GroupMizuho CapitalSMBC Venture Capital
PRONI operates a concierge-style B2B matching service that connects buyers with suitable vendors, combining IT technology with human support to simplify procurement decisions such as research, comparison, and quoting.
B2B MarketplacesEnterprise SoftwareSaaSTokyo, JP
Norio Kuriyama(代表取締役 Founder)Daisuke Shibata(代表取締役 CEO)
Co-investorsFIRSTLIGHT CapitalJapan Post Capital Co. Ltd.Mobile Internet Capital, Inc.Nippon Venture Capital
Quantonation is a venture capital firm investing in early-stage deep-tech companies developing quantum computing, quantum sensing, and related photonic and semiconductor technologies.
Deep TechQuantum Computing
Co-investorsOVNI CapitalRuna Capital
Restore Vis is a life sciences company founded by a vitreoretinal surgeon and clinician scientist focused on addressing inflammation, aging, neurodegeneration and angiogenesis through translational research from drug discovery to clinical trials.
BiotechDigital HealthHealthtechMedical DevicesTokyo, JP
Dr. Rajendra S. Apte(Paul A. Cibis Distinguished Professor; Vice Chair of Innovation and Translation; Founder)
Co-investorsAstellas Venture Management LLCDBJ CapitalKyoto University Innovation CapitalNippon Venture CapitalOSAKA University Venture CapitalRemiges Ventures, Inc.+3 more
Sanodyne Therapeutics develops SNT-001, an orally administered small-molecule compound intended to treat peripheral neuropathy and neuropathic pain.
BiotechDeep Tech
Co-investorsRDiscovery
Sharedine is a platform connecting professional chefs and culinary workers with restaurants and food service businesses, aiming to modernize the food industry by improving working conditions and opportunities for culinary professionals.
B2B MarketplacesEnterprise SoftwareFoodTechHR TechMarketplacesTokyo, JP
飯田 陽狩(代表取締役 CEO / 共同創業者)井出 有希(取締役 / 共同代表・共同創業者)
Co-investorsCoral CapitalDBJ CapitalShizuoka Capital
Shinobi develops next-generation cell therapies using iPSC (induced pluripotent stem cell) research, genetic engineering, and clinical infrastructure.
AI & Machine LearningBiotechHealthtechMedical Devices
Co-investorsAstellas Venture Management LLCF-Prime CapitalFast Track InitiativeKyoto University Innovation Capital
Develops programmable mRNA therapies that last longer and target cells more precisely for cancer and other diseases.
BiotechBoston, US
Tasuku Kitada(Executive Officer, Director, Promoter)inJacob Becraft(Executive Officer, Director, Promoter)inSamta Kundu(Executive Officer)
BoardJeb Keiper(Director)Ala Alenazi(Director)Pegah Ebrahimi(Director)
Co-investorsKinnevikPlayground GlobalAmgen VenturesANRIFPVICONIQ+2 more
Sun Metalon develops sustainable metal manufacturing processes to reduce the environmental impact of metal production.
Advanced ManufacturingCircular EconomyCleantechNew MaterialsWood Dale, US
Kazuhiko Nishioka(CEO Co-Founder)inKei Takizawa(Co-Founder, President at Sun Metalon Japan)in
BoardTatsuya Nakamura(Director)inNoriaki Sakamoto(Director)
Co-investorsGlobal BrainGlobis Capital Partnersi-nest capitalISVScrum VenturesUTEC+1 more
TeraWatt Technology develops and mass-produces next-generation lithium-ion batteries designed to be lighter, smaller, more powerful, and safer, operating manufacturing facilities in Japan.
CleantechEnergyHardwareShizuoka, JP
Co-investorsCoral CapitalDRONE FUNDAozora Corporate InvestmentJERATemasek
wevnal develops "BOTCHAN," a suite of AI-driven communication tools, including "BOTCHAN AICALL," a telephone AI agent, aimed at improving brand experiences and customer communication for businesses.
AI & Machine LearningMarketing TechSaaS
Hirofumi Isoyama(代表取締役 (Representative Director / CEO))Kazuo Suzukiin
Co-investorsSony Ventures CorporationAozora Corporate Investment
Kakehashi develops digital transformation software for pharmacies in Japan, serving the country's roughly 60,000 dispensing pharmacies.
Digital HealthHealthtechSaaS
Takashi NakagawaYutaka NakaoSatoshi EbiharaShingo Ito
Co-investors500 GlobalAozora Corporate InvestmentCoral CapitalDentsu VenturesDnx VenturesGlobis Capital Partners+3 more
SmartNews operates a news aggregation app that gives users access to articles from around 3,000 media outlets, along with weather information, coupons, and a points reward program.
AI & Machine LearningConsumerMedia & EntertainmentTokyo
Kaisei Hamamoto(Executive Officer, Director)inJason Holtman(Executive Officer)Cory Ondrejka(Executive Officer)Masaki Hayashi(Executive Officer)Chao Song(Executive Officer)Yi Ren(Executive Officer)
Co-investorsGlobis Capital PartnersGMO VenturePartnersJapan Post Capital Co. Ltd.Social StartsSumitomo Mitsui Trust nvestment Co. Ltd.
Autonomous driving trucks; selected for MLIT autonomous truck implementation support programs.
Co-investorsAIS CAPITALON&BOARDUTokyo Innovation Platform Co. Ltd.
Develops medical devices enabling heart disease patients to perform cardiac rehabilitation, including exercise therapy, at home.
Co-investorsKiraboshi CapitalX-HUB TOKYO Global Startup Accelerator
Gaianixx develops, manufactures, and sells crystalline thin-film technology, including its "multifunctional intermediate film" and epitaxial materials based on a "dynamic lattice matching" mechanism researched at the University of Tokyo.
Deep TechNew MaterialsSemiconductorsTokyo, JP
Co-investorsi-nest capitalKiraboshi CapitalUTEC
Gaudi Clinical develops KiOSK, a compact cell culture device that enables regenerative medicine procedures to be performed at clinical sites rather than centralized facilities.
BiotechDigital HealthMedical DevicesTokyo, JP
Co-investorsSamurai IncubateShizuoka Capital
OFFICE DE YASAI is a Japanese corporate benefit service that installs an office refrigerator and regularly delivers fresh salads, fruit, prepared dishes, and snacks that employees can buy from 100 yen per item.
FoodTechHR TechLogistics & Supply ChainWellness & FitnessJapan, JP
渡邉(Founder & CEO (株式会社KOMPEITO 代表))
Co-investorsDD Holdings Venture CapitalHiroshima Venture Capital Co. Ltd.Shizuoka Capital
Orbital Lasers develops space optical technology centered on satellite lasers, including systems aimed at addressing space debris, satellite bus, and mission instrument development.
Deep TechHardwareSpace TechTokyo, JP
Tadanori Fukushima(Representative Director & CEO)Yoshiyuki Muramatsu(Director & CFO)Teppei Kato(Executive Officer, CBO (Chief Business Officer))Masayuki Maruyama(CLTO (Chief Laser Technology Officer))
Co-investorsAngel Bridge Co.,Ltd.Keio Innovation InitiativeOSAKA University Venture CapitalUTokyo Innovation Platform Co. Ltd.
QunaSys develops algorithms and software to maximize the performance of quantum computers, aiming to make quantum computing practical for real business applications.
AI & Machine LearningDeep TechQuantum ComputingSaaSTokyo, JP
楊 天任 (Tennin Yang)(Co-founder & CEO)御手洗 光祐 (Kosuke Mitarai)(Co-founder & Advisor)Tennin Yan(代表取締役 (CEO / President))松岡 智代(COO)越智 由浩(CRO)Erik Stangerup(QunaSys Europe CEO)
Co-investorsFujitsu VenturesKDDI Open Innovation FundMirai Creation FundOSAKA University Venture Capital
Yaqumo develops neutral-atom (cold-atom) quantum computers designed to be scalable and support repeatable error correction, with the goal of practical, usable quantum computing.
Deep TechHardwareQuantum Computing
Co-investorsBeyond Next VenturesKyoto University Innovation CapitalQuantonation
Portfolio news
latest coverage across their companiesKyoto Fusioneering · forbes.com · Jul 15, 2026
Quantonation · thequantuminsider.com · Jul 13, 2026
MOSH㈱ · venturecapital.com · May 7, 2026
Restore Vision · shionogi.com · Apr 15, 2026
Alloy Therapeutics, Inc. · businesswire.com · Apr 15, 2026
Axelspace Holdings · finimize.com · Aug 14, 2025
Frequently asked questions
- How many investments has JIC Venture Growth Investments made?
- JIC Venture Growth Investments has 121 tracked investments, including 1 dated in the last 24 months.
- What stage does JIC Venture Growth Investments invest at?
- JIC Venture Growth Investments invests at the Growth, Late Stage stages.
- What sectors does JIC Venture Growth Investments focus on?
- JIC Venture Growth Investments focuses on Sector Agnostic.
- Where is JIC Venture Growth Investments located?
- JIC Venture Growth Investments is headquartered in Tokyo, JP.
- Does JIC Venture Growth Investments lead rounds?
- JIC Venture Growth Investments typically participates in rounds rather than leading them.
- Who does JIC Venture Growth Investments co-invest with?
- JIC Venture Growth Investments most often shares deals with Global Brain, DBJ Capital, Coral Capital, among 75 tracked co-investors.
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