ON&BOARD
Venture capitalTokyo · Pre-Seed–Growth · 17 people tracked
Also known as ON&BOARD株式会社
Investment thesis
ON&BOARD invests primarily at the founding stage, providing lead funding to entrepreneurs whose businesses could accelerate the timeline for solving important problems facing the world and Japan, with a horizon toward the societal challenges of 2050. The firm sees the essential role of risk capital as enabling discontinuous problem-solving and creating roughly tenfold value from zero. It backs founders' ambition and passion, runs recurring founding-support programs such as 'Out of BOUNDS,' and actively welcomes entrepreneurs-in-residence, including a DeepTech EIR track pairing operators with researchers to co-found and build companies alongside the firm's capitalists.
Source: firm website, verified Aug 17, 2026.
Team · 17 people
from the firm's website
What they invest in
from 11 of 23 portfolio companiesAI & Machine Learning ×6SaaS ×5Deep Tech ×2Logistics & Supply Chain ×2Robotics ×2Cleantech ×1Climate Tech ×1EdTech ×1
HQs:Japan×8
Investments · 23 tracked
founders shown can be your intro pathDevelops a live-streaming platform for generative-AI AITubers and runs a live commerce business.
CarePaaS provides AI-powered SaaS and BPO services for Japanese nursing care facilities, automating accident reporting, care record entry via OCR, care plan generation, staff management, payroll calculation, document creation, and insurance billing.
AI & Machine LearningHealthtechSaaS
Winner of the 4th Out of BOUNDS program Demo Day.
LINE is a messaging and voice communication platform that offers free calls and messages to users worldwide.
Social
Co-investorsFivot / Flex CapitalJapan startup support Association
LobbyAI provides an AI-powered platform that analyzes government and municipal policy information to help private companies identify policy opportunities and timing for engagement with local governments.
AI & Machine LearningGovTechSaaSTokyo, JP
髙橋京太郎(代表取締役 CEO)
Luma provides a platform for creating event pages, sending invitations, and selling tickets for events.
SaaS
Victor Pontis(Founder)in
Co-investorsAllen Institute for AI (AI2) IncubatorAmplify PartnersBerkley Center for EntrepreneurshipBethnal Green VenturesCedar CapitalEIT Urban Mobility Accelerator+13 more
Operates 'Bookleverage,' a service using generative AI to turn book knowledge into business value; received pre-seed lead investment.
Space business development group supporting commercialization of the space industry through satellite launches and ISS utilization.
Co-investorsAozora Corporate InvestmentHulic StartupNippon Venture CapitalSpiral Innovation PartnersXTech Ventures
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-investorsNippon Venture CapitalSpiral CapitalSpiral Innovation Partners
Company providing comprehensive services in the space industry.
Sushi AI is an AI-focused incubation company that supports the founding of startups through mentorship, funding, and shared development, combining experienced entrepreneurs with top-tier AI engineers from the University of Tokyo.
AI & Machine LearningSaaSTokyo, JP
Autonomous driving trucks; selected for MLIT autonomous truck implementation support programs.
Co-investorsAIS CAPITALJIC Venture Growth InvestmentsUTokyo Innovation Platform Co. Ltd.
Every WiLL operates "Toriiku," a package pickup sharing platform where delivery drivers drop off multiple parcels at company-run locations and individuals collect them in exchange for incentives, aimed at easing last-mile logistics labor shortages in Japan.
Climate TechLogistics & Supply ChainMarketplaces
Highlanders develops Physical AI, including a foundational AI model called Kepler and its own robot hardware, using a real-world data flywheel where each deployed unit acts as a sensor to improve physical intelligence.
AI & Machine LearningHardwareRobotics
LINEA Innovations is a fusion energy company developing commercial reactors based on advanced-fuel fusion reactions and related technologies.
CleantechDeep TechEnergyTokyo, JP
Tomohiko Asai(Co-founder & Director, CSO)Mizuki Sakamoto(Co-founder & Director, CTO)Yuta Nojiri(Representative Director & CEO)Ryo Tamaki(Director, CFO)
Co-investorsKeio Innovation InitiativeSpiral CapitalSpiral Innovation Partners
Robotruck develops autonomous trucks powered by advanced AI and sensor technology to address driver shortages and inefficiency in logistics.
AI & Machine LearningLogistics & Supply ChainRobotics
Co-investorsUTokyo Innovation Platform Co. Ltd.
Portfolio news
latest coverage across their companies
Luma · techcrunch.com · Jul 14, 2026
Frequently asked questions
- How many investments has ON&BOARD made?
- ON&BOARD has 23 tracked investments.
- What stage does ON&BOARD invest at?
- ON&BOARD invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth stages.
- What sectors does ON&BOARD focus on?
- ON&BOARD focuses on Deep Tech, Sector Agnostic.
- Where is ON&BOARD located?
- ON&BOARD is headquartered in Tokyo, JP.
- Does ON&BOARD lead rounds?
- Yes, ON&BOARD leads investment rounds.
- Who does ON&BOARD co-invest with?
- ON&BOARD most often shares deals with Spiral Innovation Partners, Fivot / Flex Capital, Nippon Venture Capital, among 29 tracked co-investors.
Media · Podcasts & interviews
from their channelAI企業国内最速ARR100億円達成した創業者の経営観【前編】
ON&BOARD
カーブアウトの最前線【後編】
ON&BOARD
カーブアウトの最前線【前編】
ON&BOARD
AI時代のスタートアップ生存戦略
ON&BOARD
スタートアップが向き合うべき経済安全保障 【後編】
ON&BOARD
Images
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