Spiral Capital — Full Portfolio

bellFace builds AI agents for sales teams, combining human and AI to handle sales work.

AI & Machine LearningSaaSSales Tech

Kazuaki Nakajima(代表取締役 (Representative Director / CEO))Hidenori Onuma(取締役 (Director))

Co-investorsAIAizawa Asset ManagementAXAxiom Asia Private CapitalCACanal VenturesGLGlobis Capital PartnersREResona Capital Co. Ltd.SMSMBC Venture Capital+2 more

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

AI & Machine LearningEnterprise SoftwareRetail TechRoboticsTokyo, JP

Co-investorsGLGlobal BrainINIncubate FundXTXTech VenturesCACanal 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

YKYuki Kamimotoin

Co-investorsABABC Dream Ventures

Ookami develops digital platforms and services to broaden sports engagement and accessibility globally, positioning sports as a unifying medium that connects diverse communities and athletes.

ConsumerMedia & EntertainmentSports TechTokyo, JP

Board為末大

Co-investorsNTNTT DOCOMO VenturesAKAkatsukiASASAHI MEDIA LAB VENTURESASASICS Ventures CorporationMIMitsubishi UFJ CapitalMIMizuho Capital+2 more

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-investorsSPSpiral Innovation Partners

Azul provides cloud application and DevOps solutions, particularly focused on cloud cost management and DevOps analytics for enterprise customers.

Cloud ComputingDeveloper ToolsEnterprise Software

Co-investorsLELead Edge CapitalPAPartners for GrowthPAPartners for Growth (PFG)GSGS FuturesMIMitsubishi UFJ CapitalSPSpurcle+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

KIKoju Ito(Founder / President / CEO)inHYHiroshi Yabu(Founder / Director / CSO)HAHiroya Abe(Founder / Director)MHMasayuki Hayashi(COO)inKMKyoko Morisaki(CBO)in

Co-investorsPEPegasus Tech Ventures

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

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

Co-investorsSPSpiral Innovation Partners

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

B2B MarketplacesE-commerceEnterprise SoftwareFintechLogistics & Supply ChainTokyo, JP

Co-investorsANANOBAKACYCyberAgent CapitalMImint VCSPSpiral 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-investorsSPSpiral Innovation PartnersGEGenesia 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

YSYuma Sasaki(Founder / CEO)AYAbenezer Yakob(CTO)HLHilina Legesse(SVP / Head of Corporate Services)inCYChuan Yee(Head of Engineering & Production)inSTSamuel Tariku(VP / Head of Commercial)inPBPiniel Berhane(VP / Head of Finance)in

Co-investorsINInclusion JapanSPSpiral Innovation PartnersUTUTokyo 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

SKShinichi Kudo(Representative Director & President (CEO))in

Co-investorsJRJR East Start UPRERelic

GMO Enpay develops and operates billing automation and bank transfer support services for businesses.

EdTechFintechSaaSTokyo, JP

森脇 潤一(代表取締役社長/ファウンダー)田野 晴彦(取締役CTO)中山 悠介(取締役)

Co-investorsDNDnx 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, founder))

Co-investorsANAngel Bridge Co.,Ltd.CACanal VenturesNINippon Venture CapitalSOSony Ventures CorporationSPSpiral Innovation Partners

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-investorsJAJAFCO GroupMEMetaPropNENew Enterprise Associates (NEA)ONOne Capital

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

YHYuki Hanyu(代表取締役 (CEO))in

Co-investorsHIHiroshima Venture Capital Co. Ltd.IYIyogin CapitalAGAgFunderBEBeyond Next VenturesVUVU Venture Partners

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-investorsDGDG IncubationGLGlobal BrainI-i-nest capitalOPOpen Network LabPKPKSHA Technology CapitalTBTBS 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

伊肇伊藤 肇(取締役 (Co-founder; Hokkaido University Distinguished Professor))久浩久保田 浩司(取締役 (Co-founder; Hokkaido University Associate Professor))齋智齋藤 智久(代表取締役 (CEO))

Co-investorsANAngel Bridge Co.,Ltd.SPSpiral Innovation PartnersXTXTech Ventures

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

Deep TechEnergyNew MaterialsMisawa, JP

MNMasaru Nakamichi(CEO)inYu Nakano(Technical Development Director)

Co-investorsGLGlobal BrainKEKeio Innovation InitiativeMPMPowerNTNTT DOCOMO VenturesSPSpiral Innovation PartnersGEGenesia Ventures+1 more

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

Co-investorsSPSpiral 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)青柳 直樹(代表取締役 CEO)

Co-investorsBOBonds Investment GroupCOCoral CapitalDCDCM VenturesDIDIMENSIONGLGlobal BrainGLGlobis Capital Partners+6 more

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-investorsFAFast Track InitiativeXTXTech VenturesSPSpiral Innovation Partners

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

Co-investorsSPSpiral Innovation PartnersUTUTEC

PowerX develops AI-powered sensors that generate proprietary data to help corporations reduce energy consumption, water use, and emissions.

Advanced ManufacturingAI & Machine LearningClimate TechNew York City, US

MSManuel Schoenfeld(Founder)in

Co-investorsY Y CombinatorDADangerous VenturesMIMitsui & CoMIMizuho CapitalNYNYK LineTOTokyo Century

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

Co-investorsJOJoyo Capital PartnersMIMIRAI SOUZOUSPSpiral Innovation PartnersTHThe 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)Yusaku Katada MD, PhD(Co-founder, Representative Director and CEO/CMO)HMHikaru Miyazaki(Representative Director and COO)in

Co-investorsASAstellas Venture Management LLCDBDBJ CapitalJIJIC Venture Growth InvestmentsKYKyoto University Innovation CapitalNINippon Venture CapitalOSOSAKA 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

松光松本 光暁 (Mitsuaki Matsumoto)(代表取締役 (Representative Director / CEO))in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-investorsCOCoreline VenturesSPSpiral 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

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

Co-investorsSPSpiral 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-investorsGLGlobis Capital PartnersSPSpiral 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-investorsAOAozora Corporate InvestmentHUHulic StartupNINippon Venture CapitalONON&BOARDSPSpiral Innovation PartnersXTXTech 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-investorsDGDG IncubationOPOpen Network LabDEDEEPCORE Inc.G-G-STARTUPLILiving Lab Ventures

A platform that simplifies government subsidies and grants for small and medium enterprises and regional businesses in Japan, with plans to expand into a data platform for SME business support and operational insights.

Enterprise SoftwareFintechGovTechSaaSTokyo, JP

佐藤淳in

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-investorsSPSpiral Innovation PartnersGEGenesia 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

YSYo Shibata(Chief Executive Officer)inMTMisato Takahashi(Chief Technology Officer)in

Co-investorsY Y CombinatorGLGlobal BrainI-i-nest capitalSPSpiral Innovation Partners

Tailor Bio develops targeted cancer therapies for tumors characterized by chromosomal instability, working in the field of precision oncology.

BiotechHealthtech

Co-investorsFIFirst In VenturesANANRINENew Enterprise Associates (NEA)Y Y Combinator

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 & TransportationRoboticsTokyo, JP

IYIssei Yamamoto(Founder & CEO (代表取締役CEO))inDTDaisuke Tanaka(取締役COO)inMasato Morishima(取締役CFO)inYYYu Yamaguchi(執行役員 兼 CTO)inYTYugo Tokuchi(執行役員 兼 CSO)in

Co-investorsBOBonds Investment GroupDEDentsu VenturesGLGlobal BrainKDKDDI Open Innovation FundSHShochiku VenturesZ Z Venture Capital

Zene provides genetic testing and genome analysis services, along with a genome data analytics platform for health insights.

AI & Machine LearningBiotechData & InfrastructureDigital HealthHealthtechMinamisoma, JP

井上 昌洋(代表取締役 (CEO))

Board有地 正太(取締役 (Director))別所 直哉(取締役 (Director))

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

BBen(Co-founder)inGGeorge(Co-founder)inSShigeo(CEO)in

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 IwamotoTOTomoya Ogawain

Co-investorsGLGlobal BrainW W 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-investorsBEBeyond Next VenturesGLGlobal BrainSPSpiral Innovation Partners

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

Deep TechHardwareRobotics

Co-investorsABAbies VenturesJRJR East Start UPSHShizuoka CapitalSPSpiral Innovation PartnersUTUTokyo Innovation Platform Co. Ltd.

A Japanese company developing and deploying renewable energy solutions, including solar roofing and wall-integrated systems.

CleantechConstruction TechEnergyYokosuka, JP

Co-investorsFIFIRSTLIGHT CapitalGMGMO VenturePartnersSPSpiral 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-investorsANAngel Bridge Co.,Ltd.GLGlobal BrainMPMPowerPRPrime PartnersSPSpiral Innovation PartnersAOAozora 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-investorsCOCoral CapitalDGDG Daiwa VenturesMIMIRAIDOOR Co. Ltd.PAPangaea 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

TATomohiko Asai(Co-founder & Director, CSO)MSMizuki Sakamoto(Co-founder & Director, CTO)YNYuta Nojiri(Representative Director & CEO)inRTRyo Tamaki(Director, CFO)in

Co-investorsKEKeio Innovation InitiativeONON&BOARDSPSpiral Innovation Partners

EnerBank develops digital platforms for energy procurement and decarbonization.

B2B MarketplacesCleantechClimate TechEnergySaaSTokyo, JP

Kenichi Muranaka(Representative Director / Co-founder)Shogo Sato(Representative Director / Co-founder)Daisuke Sekine(Director CTO / Co-founder)

Co-investorsNINippon Venture CapitalGEGenesia Ventures

Emulsion Flow Technologies (EFT) develops solvent-extraction technology known as "emulsion flow," rooted in nuclear science research, to address resource and environmental problems including lithium-ion battery recycling and PFAS recovery.

Circular EconomyCleantechDeep TechNew Materials

永哲永野 哲志(Founder)鈴英鈴木 英哉(Founder)Hiroshi Suzuki(代表取締役社長 CEO)鈴裕鈴木 裕士(代表取締役社長 (Chief Executive Officer))in江達江 達(取締役 (Chief Operating Officer))長弘長縄 弘親(取締役 (Chief Science Officer))

Co-investorsHOHonda Innovations Silicon ValleySHShizuoka CapitalUNUntroD CapitalX-X-HUB TOKYO Global Startup Accelerator