Spiral Capital

MUSE develops robots to support retail store operations and help employees work more effectively.

AI & Machine LearningEnterprise SoftwareRetail TechRoboticsTokyo, JP

Co-investorsGlobal BrainIncubate FundXTech VenturesCanal Ventures

N.Avenue is a Japanese company operating Web3 and digital-asset media and services, including NADA NEWS (a crypto/Web3 news outlet, formerly CoinDesk JAPAN), the N.Avenue club corporate membership community for blockchain business leaders, and the NADA crypto-asset index co-developed with NS Solutions.

Crypto & Web3FintechMedia & EntertainmentTokyo, JP

Co-investorsABC Dream Ventures

Amphico develops PFAS-free performance textile materials, including Amphitex, a waterproof and recyclable membrane that avoids the durability and comfort trade-offs of alternatives, and Amphicolor, a waterless textile coloring solution.

Advanced ManufacturingCircular EconomyCleantechNew Materials

Co-investorsSpiral Innovation Partners

Azul provides enterprise Java runtime solutions, including a supported OpenJDK distribution with long-term support, and offers migration and advisory services for moving off the Oracle JDK.

Cloud ComputingDeveloper ToolsEnterprise Software

Co-investorsPartners for GrowthPartners for Growth (PFG)GS FuturesLead Edge CapitalMitsubishi UFJ CapitalSpurcle+3 more

AZUL Energy develops, manufactures, and sells bio-inspired catalyst electrode materials, next-generation metal-air battery products, and functional materials for environment, energy, and healthcare applications.

CleantechEnergyNew MaterialsSendai, JP

Koju Ito(Founder / President / CEO)Hiroshi Yabu(Founder / Director / CSO)Hiroya Abe(Founder / Director)Masayuki Hayashi(COO)Kyoko Morisaki(CBO)

Backseat is a Japanese company staffed by professionals with backgrounds in crypto-asset exchanges, FX systems, AML/CFT compliance, and financial regulation.

Crypto & Web3FintechSaaSTokyo, JP

Keiji Maeda(代表取締役 (Representative Director))Masayasu Jonathan Hayashi(代表取締役 (Representative Director))Su Steven Wang(取締役/最高技術責任者 (Director/CTO))Noriaki Hoshi(取締役/最高コンプライアンス責任者 (Director/CCO))Hanae Miyaju(執行役員/最高総務責任者 (Executive Officer/Chief General Affairs Officer))Ko Tateiwa(執行役員/最高セキュリティ責任者 (Executive Officer/CSO))

Co-investorsSpiral Innovation Partners

Carbase operates in factoring and used car sales business in Japan.

B2B MarketplacesE-commerceEnterprise SoftwareFintechLogistics & Supply ChainTokyo, JP

Co-investorsANOBAKACyberAgent Capitalmint VCSpiral Innovation Partners

digdig Inc. (formerly FUNEE Inc.) develops and operates fashion services, with a stated aim of building infrastructure to make fashion sustainable.

Circular EconomyConsumerE-commerceTokyo, JP

Seungjun Yang(Representative Director)

Co-investorsSpiral Innovation PartnersGenesia Ventures

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)

Co-investorsInclusion JapanSpiral Innovation PartnersUTokyo Innovation Platform Co. Ltd.

ecbo operates ecbo cloak, a smartphone-based luggage storage service that lets travelers book and pay to store bags at over 2,500 partner locations across Japan (cafes, convenience stores, stations, post offices) and Taiwan, including oversized items.

ConsumerLogistics & Supply ChainMarketplacesTravel & HospitalityTokyo, JP

Shinichi Kudo(Representative Director & President (CEO))

Co-investorsJR East Start UPRelic

enpay byGMO is a cashless, paperless collection-management service for facilities such as nurseries and schools, letting staff issue invoices, collect payments, and manage reconciliation while parents pay via smartphone and LINE.

EdTechFintechSaaS

Co-investorsDnx Ventures

Fivot provides financial services for both businesses and individuals, offering lending products aimed at supporting startup growth and savings services that help individuals save money toward their goals.

FintechTokyo, JP

Shogo Abe(代表取締役 (Representative Director / CEO))

Co-investorsAngel Bridge Co.,Ltd.Canal VenturesNippon Venture CapitalSony Ventures CorporationSpiral Innovation Partners

Co-investorsGlobal Brain

H2Corporation develops AI-based construction estimation (AI積算) software for general contractors and subcontractors, using computer vision to automate quantity takeoff and improve efficiency of construction workflows.

AI & Machine LearningConstruction TechSaaS

川嶋 啓嗣(CEO)グエン・トゥン(CTO・CDO)

Co-investorsMetaProp

Co-investorsNippon Venture CapitalSpiral Innovation Partners

IntegriCulture is a Japanese cellular agriculture company developing cell-culture systems and production technology for cultured foods, along with OEM/ODM cosmetics and supplements and sales of cell-culture consumables and equipment.

BiotechDeep TechFoodTechFujisawa, JP

Yuki Hanyu(代表取締役 (CEO))

Co-investorsHiroshima Venture Capital Co. Ltd.Iyogin CapitalAgFunderBeyond Next Ventures

Co-investorsDnx Ventures

Luup operates an electric micro-mobility sharing service providing electric kick scooters and pedal-assist bicycles for short urban trips in Japan.

ConsumerMobility & TransportationSaaSTokyo, JP

Co-investorsDG IncubationGlobal Braini-nest capitalOpen Network LabPKSHA Technology CapitalTBS Innovation Partners+2 more

MechanoCross is a Hokkaido University spin-out that develops and provides mechanochemical organic synthesis technology, including solvent-free "mechano" reaction methods and insoluble high-performance materials.

CleantechDeep TechNew MaterialsSapporo, JP

伊藤 肇(取締役 (Co-founder; Hokkaido University Distinguished Professor))久保田 浩司(取締役 (Co-founder; Hokkaido University Associate Professor))齋藤 智久(代表取締役 (CEO))

Co-investorsAngel Bridge Co.,Ltd.Spiral Innovation PartnersXTech Ventures

Miresso develops beryllium materials and supply chain solutions for fusion energy applications.

Deep TechEnergyNew MaterialsMisawa, JP

Masaru Nakamichi(CEO)Yu Nakano(Technical Development Director)

Co-investorsGlobal BrainKeio Innovation InitiativeMPowerNTT DOCOMO VenturesSpiral Innovation PartnersGenesia Ventures+1 more

Co-investorsPrime Partners

Redefining the concept of housing via vertical integration of construction, AI, and robotics.

Co-investorsSpiral Innovation Partners

Newmo operates taxi services and autonomous taxi operations in Japan, serving regional transportation needs in areas facing labor shortages and declining population.

B2B MarketplacesMobility & TransportationSaaSTokyo, JP

松本 龍祐(Founder)inKentaro M.(Founder)in松本龍祐(Founder)

Co-investorsBonds Investment GroupCoral CapitalDCM VenturesDIMENSIONGlobal BrainGlobis Capital Partners+6 more

Co-investorsDelight VenturesJapan Post Capital Co. Ltd.Aozora Corporate Investment

PENTAS is a Japanese medical device company holding first-class medical device manufacturing and sales licenses as well as licenses to sell highly controlled medical devices.

HardwareHealthtechMedical DevicesKawasaki, JP

Tomohiko Kanai(代表取締役 (Representative Director))

BoardTeppei Banno(取締役 (Director))Taro Sato(取締役 (Director))Masaaki Sato(取締役 (Director))

Co-investorsFast Track InitiativeXTech VenturesSpiral Innovation Partners

Technology-driven platform enabling small-scale investment into European real estate.

Co-investorsSpiral Innovation PartnersUTEC

Nuclear engineering roll-up company aiming to transform the decommissioning industry with business succession and AI.

Co-investorsJoyo Capital PartnersMIRAI SOUZOUSpiral Innovation PartnersThe Fukui Capital Partners

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 CapitalJIC Venture Growth InvestmentsKyoto University Innovation CapitalNippon Venture CapitalOSAKA University Venture Capital+3 more

route-D develops and provides AI systems for Japan's manufacturing and distribution industries, aimed at supporting supply chain operations amid labor shortages.

Advanced ManufacturingAI & Machine LearningLogistics & Supply ChainTokyo, JP

松本 光暁 (Mitsuaki Matsumoto)(代表取締役 (Representative Director / CEO))當野 良太 (Ryota Tono)(取締役 / 共同創業者 (Director / Co-founder))小倉 拳 (Ken Ogura)(最高技術責任者 (CTO))

Co-investorsCoreline VenturesSpiral Innovation Partners

SaleSeed is a Japanese sales-support (営業支援) company offering services across sales design (AI adoption, CRM/SFA setup), sales execution (sales strategy, BPO), and sales enablement (staffing/recruitment).

AI & Machine LearningData & InfrastructureEnterprise SoftwareFuture of WorkHR TechSales TechTokyo, JP

石原 亘(副社長 (Co-founder, Vice President))大矢 剛大(代表 (Founder & CEO))永井 秀典(創業メンバー (Co-founder, Corporate))

Co-investorsSpiral Innovation Partners

SDP Japan (Super Doctor Produce) supports the launch and operation of surgery-specialized hospitals and clinics, acting as a producer that connects doctors, patients, and healthcare institutions.

Digital HealthHealthtech

Co-investorsGlobis Capital PartnersSpiral Innovation 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 InvestmentHulic StartupNippon Venture CapitalON&BOARDSpiral Innovation PartnersXTech Ventures

Spatial Pleasure builds the Mobility Intelligence Platform (MIP), which combines pre-built functional micro-components to address recurring operational challenges for transport and logistics operators.

Climate TechLogistics & Supply ChainMobility & Transportation

Suzuki(CEO / 代表)

Co-investorsDG IncubationOpen Network LabLiving Lab Ventures

Stayway operates a data platform that provides solutions for small and mid-sized enterprises, including a subsidy/grant cloud service ("補助金クラウド") to support their growth.

FintechGovTechSaaS

StoryHub is an AI-assisted content creation platform that helps media companies and corporate editorial teams produce articles from audio, video, and interview inputs using professionally designed templates for transcription, writing, editing, fact-checking, and multilingual translation.

AI & Machine LearningMedia & EntertainmentSaaS

Co-investorsSpiral Innovation PartnersGenesia Ventures

Tailor provides a headless ERP system designed as a flexible alternative to legacy platforms, enabling businesses to integrate backend operations with tools like Shopify, QuickBooks, and Netsuite.

Developer ToolsE-commerceEnterprise SoftwareSaaSTokyo, JP

Yo Shibata(Founder)inMisato Takahashi(Founder)in

Co-investorsY CombinatorGlobal Braini-nest capitalSpiral Innovation Partners

Company working on fully autonomous driving technology, presenting itself under the slogan "We Overtake Tesla." The page is a recruitment section seeking team members to work on self-driving vehicle development.

AI & Machine LearningDeep TechMobility & TransportationTokyo, JP

Issei Yamamoto(Founder & CEO (代表取締役CEO))Daisuke Tanaka(取締役COO)Masato Morishima(取締役CFO)Yu Yamaguchi(執行役員 兼 CTO)Yugo Tokuchi(執行役員 兼 CSO)

Co-investorsBonds Investment GroupDentsu VenturesKDDI Open Innovation FundShochiku VenturesZ Venture Capital

Co-investorsSamurai IncubateSpiral Innovation Partners

Zene is a Japanese company providing high-precision genetic testing and genome analysis services for corporations, health insurance associations, and medical institutions.

AI & Machine LearningBiotechDigital HealthMinamisoma, JP

Zevero provides a carbon accounting and emissions management platform combining software, data, and expert support to help businesses measure and reduce emissions, set science-based targets, and align with global reporting frameworks.

AI & Machine LearningCleantechClimate TechSaaSLondon, GB

Ben(Co-founder)inGeorge(Co-founder)inShigeo(CEO)in

Co-investorsGlobis Capital PartnersSpiral Innovation PartnersAozora Corporate Investment

Kreation is a Web3 publisher platform for Japanese creators to go global, offering NFT-based commerce, metaverse fashion collectibles, and free-to-play gaming experiences.

Creator EconomyCrypto & Web3GamingTokyo, JP

Tatsuro IwamotoTomoya Ogawain

Co-investorsGlobal BrainW Inc.

A Japanese company that selects underutilized fish species from Japan's over 4,000 varieties and uses advanced aquaculture technology to produce high-quality farmed fish for global markets.

AgTechFoodTech

Shunichiro Hosoya(Founder)in

Co-investorsBeyond Next VenturesGlobal BrainSpiral Innovation Partners

Solaris develops soft robots that use artificial muscles for pipe maintenance.

Deep TechHardwareRobotics

Co-investorsAbies VenturesJR East Start UPShizuoka CapitalSpiral Innovation PartnersUTokyo Innovation Platform Co. Ltd.

Co-investorsSpiral Innovation Partners

Startup transforming Japan's housing and energy industries with building-integrated solar panels and local energy circulation models.

Co-investorsFIRSTLIGHT CapitalGMO VenturePartnersSpiral Innovation Partners

Co-investorsSpiral Innovation Partners

Lisse provides AI-powered legal document review and legal compliance support services to enterprises.

AI & Machine LearningEnterprise SoftwareLegalTechTokyo, JP

Miki Fujita(Representative Director & CEO)

Co-investorsAngel Bridge Co.,Ltd.Global BrainMPowerPrime PartnersSpiral Innovation PartnersAozora Corporate Investment

Dioseve develops reproductive cell technology that uses a proprietary differentiation-induction method to generate oocytes and ovarian somatic cells from iPS cells.

BiotechDeep TechFemTechTokyo, JP

Co-investorsCoral CapitalDG Daiwa VenturesMIRAIDOOR Co. Ltd.Pangaea Ventures Us Inc.

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 InitiativeON&BOARDSpiral Innovation Partners

Redefining the concept of housing through vertical integration of construction, AI and robotics.