/Investor DB

Z Venture Capital

Corporate VC

Tokyo · Seed–Late Stage · 20 people tracked

Also known as Z Venture Capital株式会社 · Zvc1 Investment Partnership · ZVC2 Investment Partnership

Find your way into Z Venture Capital

Sign up to see every warm intro you have to Z Venture Capital

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Z Venture Capital team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ Fox Verdict
Sign up to see your fit

Investment thesis

Z Venture Capital operates under the philosophy of 'value beyond capital for founders of the future.' As the venture investing arm connected to the LY Corporation Group, the firm backs innovative startups that drive transformative societal changes. Beyond providing capital, it offers portfolio companies access to the group's proprietary resources, expertise, and business assets, and pursues collaboration and co-creation opportunities. The firm follows on in its investments and targets outcomes including IPOs and M&A exits, with offices in Japan, Korea, and the United States.

Source: firm website, verified Sep 26, 2026.

Stage
Seed–Late Stage
HQ
Tokyo, JP
Leads rounds
Follows
Instruments
Equity
Founded
2012
Last 12 months
9 investments
AUM
$18.5B
Tracked investments
256
Unicorns
2
IPOs
5
Acquisitions
3

Team · 20 people

from the firm's website & public directories
In Joon Hwang· Managing Partner / CEOin

In Joon Hwang combines CFO‑level finance expertise with building Taiwan’s LINE bank, runs a hybrid VC focused on early Japan seed/Series A, and oversees LY’s fintech across five Asian markets.

James Lim· Managing Partnerin

James Lim pairs BlackRock portfolio management with eight years leading business development, strategy and growth at LINE and founding member of LINE Ventures, blending public-markets, operator and corporate VC expertise.

Kay (Eunkyu) Lim· Managing Partnerin

Kay Lim is CFO of LINE Friends who pairs CVC leadership with hands-on C-suite operating experience, champions a Japan–Korea AI corridor, and builds founder workshops and community ecosystems.

Masaki Yuda· Partnerin𝕏

湯田将紀 is a fintech-focused investor combining product, marketing and finance experience from Yahoo, runs PayPay Accelerator, connects startups with LINE Yahoo via ZVC Connect, and writes a weekly fintech column.

松平 浩一· Managing Partner / CFO

松平浩一は元衆議院議員かつ弁護士としてスタートアップ育成政策を主導し、現在はマネージングパートナー兼CFOとして政策知見をCVC投資と支援に活かし、Albirex Singapore創設や約30人のJリーガーを抱えるエージェント経営でスポーツビジネスとグローバル人材にも精通しています。

Daniel Song· Principalin

Born in the U.S. and raised in Korea, Daniel Song is founder-turned-VC whose Indonesia startup cofounder experience and operating roles at CloudKitchens and Tapjoy give him deep Southeast Asia expertise.

James (Yousik) Han· Principalin

James Han writes $1.5M checks within a flexible $100K–$5M range, leading or following from early to growth, and brings public markets, startup finance, private equity experience plus CFA and CAIA.

Janice Sa· Principalin

Janice Sa is an operator-turned-investor with over a decade at Naver and LINE, scaling startups across Korea, Japan, SEA and the U.S. via the LY ecosystem while an Amartha commissioner.

Josh Jung· Principalin

Josh Jung is a Seoul-based principal, KAIST-trained with a decade of Asia-focused VC experience, publicly using Carrie AI and acting as Korea rep for a Japan corporate VC.

Chihiro Kameoka· Principalin

亀岡千泰は弁護士からコンサル・PEを経てVCへ転身し、法律・M&A・経営改善・投資を一人で担う実務力とメディア愛好を活かし日本IPの海外価値最大化を目指す投資家です。

Taku Uchimaru· Principalin

内丸拓 leverages GE and IGPI experience in healthcare, energy and construction to invest in physical-AI, construction-tech and esports (e.g., Zen Intelligence, BALLAS), prioritizing startups with unique datasets and global-first ambitions.

Greg Eum· Associatein

Greg Eum joined Z Venture Capital in 2025, where he focuses on investments in gaming, Web3, and AI in the United States. Before ZVC, he worked as a game producer at nWay, an Animoca subsidiary, releasing Web3 games and running live service operations for a fighting game based on the Power Rangers IP. He holds a bachelor's degree in Information Science from Cornell University and previously interned in esports, investment banking, and consumer tech startups.

Hyung Kim· Partnerin

Hyung Kim, Korean-born and U.S.-based, led U.S. strategy and business development at LINE Corporation and has shaped a Japan/Korea-backed CVC's U.S. investment approach since 2017, bringing hands-on consumer expansion experience.

Julie (Jeemin) Seo· Investment Manager
Yuni Kim· Lead, Value Creationin

Yuni Kim joined Z Venture Capital in 2025, where she works on creating business synergies with startups and driving value-up through collaboration with group assets. Before ZVC, she worked at LINE on the LINE Bank establishment project, including preparations for a joint venture with Mizuho Bank, and was seconded to SoftBank's corporate business strategy division, where she handled sourcing for strategic investments and collaboration with LP-backed funds and advanced technology firms. Earlier she spent 12 years at Mizuho Bank's Seoul branch supporting cross-border transactions and corporate sales, and is currently pursuing an MBA at Waseda Business School.

オガワ 陽子· Fund Manager
内田 康介· Associate
染谷 めい· Venture Administrator
高橋 翔吾· Head of Community
Kinuko Kitabatake· Associate

What they invest in

from 203 of 256 portfolio companies

SaaS ×80AI & Machine Learning ×79Enterprise Software ×46Consumer ×43Media & Entertainment ×39Fintech ×32Marketing Tech ×31Creator Economy ×25

HQs:Japan×114United States×30South Korea×16Indonesia×8Singapore×6Malaysia×2

Who they back

founder profiles across 99 portfolio companies
45%
solo founders
45 of 99 mapped founding teams
35%
repeat founders
of 80 founders with career history
~3.5 yrs
old at investment
median across 14 dated deals

Founding team size:solo founder×452 founders×263 founders×154+ founders×13

Where their founders studiedfrom 75 founders with education data

The University of Tokyo ×5University of California, Berkeley ×5Stanford University ×4Waseda University ×4University of Portland ×3Georgetown ×2Keio University ×2Korea Advanced Institute of Science and Technology ×2

What their founders studiedfrom 80 founders with field-of-study data

Computer Science ×28Business & Management ×17Economics ×12Engineering ×12Finance & Accounting ×6Law ×3Physics ×3Humanities ×2

Where their founders worked beforefrom 80 founders with career history

Google ×11Korea Advanced Institute of Science and Technology ×3Morgan Stanley ×3National University of Singapore ×3Seoul National University ×3amana images inc. ×2Andreessen Horowitz ×2Bain & Company ×2

Accelerator rootsportfolio companies that came through a program

Y Combinator ×7

8 founders hold a PhD · 13 hold an MBA (of 89 with degree data)

Investments · 256 tracked

founders shown can be your intro path

By year:2026 · 72025 · 92024 · 32023 · 32022 · 32020 · 12015 · 228 dated

Dialtoneusedialtone.cominSeed✓ verified

Dialtone provides AI agent software that helps enterprises automate operations and workflows.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US

Akash Kashyap(Founder)inPetrPetr Gazarov(CTO)Tyler (Eitan) Kahn

Co-investorsAmino CapitalY CombinatorAndreessen HorowitzClay CapitalGoodwater CapitalHeirloom+1 more

Visual Bank.Covisual-bank.co.jp𝕏✓ verified

Visual Bank builds training-data libraries for AI development, organizing and licensing valuable Japanese industry data so that dormant, rights-cleared datasets can be used by AI developers and creators.

AI & Machine LearningData & InfrastructureMedia & EntertainmentTokyo, JP

Saneyuki Nagai(Founder)inFumitaka Iizuka(Founder)in永井 真之(代表取締役CEO (Representative Director & CEO))飯塚 文貴(取締役 (Director))

Co-investorsW Inc.PayforwardAozora Corporate Investment

㈱LEAN BODYlean-body.co.jp

LEAN BODY operates an online fitness subscription service offering on-demand fitness lessons across various genres, accessible via PC or smartphone from home or while traveling.

ConsumerDigital HealthWellness & FitnessTokyo, JP

中山 善貴(役員 (Director/Executive))

Co-investorsDBJ Capitali-nest capitalSkyland Ventures

㈱Shippioshippio.ioin𝕏Series C · Oct 2025 · $12M

Shippio operates as a digital freight forwarder in Japan, offering cloud software and international logistics (forwarding) operations to shippers and logistics providers.

AI & Machine LearningFintechLogistics & Supply ChainSaaSTokyo, JP

Takanori Sato(Founder)inTakashi TsuchiyainTsuyoshi Niwain

Co-investors500 GlobalCoral CapitalDBJ CapitalDelight VenturesDnx VenturesEnergy & Environment Investment+9 more

10x10xdental.cominSeed

10x provides an AI-powered back-office service that automates dental practice operations including hygiene recall outreach, treatment follow-up coordination, and missed-call answering.

AI & Machine LearningHealthtechSaaSSan Francisco, US

Max Bohun(CEO)inAman Garg(CTO)in

Co-investorsY CombinatorBlast.ClubCivilization Ventures Management, LlcGlobal BrainGMO VenturePartnersInitialized Capital+1 more

17LIVE INC.17.live

17LIVE is a live-streaming platform where streamers broadcast video and audio content to followers who can subscribe, send gifts, and top up credits.

Creator EconomyMedia & EntertainmentSocial

Jeffrey Huang(Founder)Joseph Phua(Founder)

Co-investorsAC VenturesVertex Ventures Sea Management Pte. Ltd.Darwin Venture ManagementHeadline

AB180ab180.coJul 2026 · $15M

AB180 provides full-stack AI solutions for marketing and advertising technology, including deep linking, attribution, product analytics, customer engagement, and intelligent monetization capabilities.

AdTechAI & Machine LearningMarketing TechSeoul, KR

Roi Nam(Co-Chief Executive Officer (Co-founder))inHunjae Jung(Co-Chief Executive Officer)in

Co-investorsAtinum Investment Co. Ltd.Storm VenturesIndustrial Bank of KoreaKB InvestmentKorea Development Bank

Acon3Dacon3d.com𝕏

ACON3D is an online marketplace for 3D models and digital art assets created by artists, offering downloadable content for creative and design work.

Creator EconomyE-commerceMarketplaces

Co-investorsSBI Investment Korea Co. Ltd.

AFINITafinit.comin

Afinit is an AI-powered financial platform that enables data-driven decision-making for financial product matching and credit assessment.

AI & Machine LearningFintechImpact & Social GoodSeoul, KR

Aillisaillis.jp

Aillis is a Japanese healthcare technology company developing medical devices and technology aimed at making medical expertise more widely shared and accessible.

AI & Machine LearningHealthtechMedical Devices

Sho Okiyama(Founder)in

Co-investorsBeyond Next VenturesFunds Startupsi-nest capitalSTRIVEAozora Corporate InvestmentPegasus Tech Ventures

Akrosakros.cominDec 2022 · $2.3M

Akros builds data-driven systems to improve public health and well-being in disadvantaged and developing communities, working with donors, governments, and partners such as USAID and UNICEF.

Data & InfrastructureDigital HealthImpact & Social GoodLusaka, ZM

Anna Winters(Founder)in

Co-investorsICONIQPeopleFund

Alualu.jp𝕏

Alu is a manga information service that enables fans and creators to share and discuss manga content through posts and comments, fostering community engagement around manga titles.

B2B MarketplacesConsumerCreator EconomyMedia & EntertainmentSocial

Amarthaamartha.comin𝕏

Amartha is an Indonesian digital financial services platform that provides working capital financing to women-run rural micro-businesses (MSMEs) and offers impact-oriented investment products to individuals and institutions.

FintechImpact & Social GoodMarketplaces

Andi Taufan Garuda Putra(Founder)in

Co-investorsAccionLendableMandiri Capital IndonesiaBamboo Capital PartnersBEENEXTMDI Ventures

Asoviewasoview.com

Asoview! is a Japanese online marketplace for booking leisure activities and days out, offering e-tickets to theme parks, aquariums, zoos, hot springs/spas, and experiences such as diving, pottery, and paragliding.

ConsumerMarketplacesTravel & Hospitality

Co-investorsJIC Venture Growth Investments

B GARAGEbgarage.aiin

B GARAGE builds autonomous drones powered by computer vision that count and digitalize warehouse inventory in near real time, offered through a Robot-as-a-Service subscription model.

AI & Machine LearningLogistics & Supply ChainRoboticsSan Jose, US

Aiden Kim(Founder)in

Co-investorsIMM Investment JapanKakao VenturesKT investment Inc.KT Strategic Investment Fund 4LB Investment

Babybillybabybilly.app

Baby Billy (Village Baby) is a Korean mobile app for pregnancy, childbirth, and parenting that provides stage-based information, evidence-based editorial content, health tracking for baby and mother, a community for parents at similar stages, and product recommendations.

ConsumerDigital HealthFemTechSeoul, KR

Lee Jung-yoon(CEO (대표이사))

bellFacebell-face.com

Bellface (ベルフェイス) provides a telephone-based online sales meeting system that lets sales reps present products, deliver documents, and close deals over a phone connection without app installation.

FintechSaaSSales Tech

Co-investorsCanal VenturesGlobis Capital PartnersMoney Forward Venture Partners

Bespobespo.tech

Bespo develops technology for restaurants, offering tools for customer acquisition and reservation management as well as DX services to improve restaurant operations.

FoodTechMarketing TechSaaS

BlueBankbluebank.appin𝕏

BlueBank is a membership-based financial management app for corporate business owners, offering unified management of corporate and personal accounts, cash-flow and tax optimization simulations, and a corporate card with rewards.

FintechSaaSTokyo, JP

Co-investorsAozora Corporate InvestmentCanal VenturesGenesia Ventures

Brgcardbrgcard.com

brg provides a card grading service that evaluates trading/collectible cards through a 12-step process using VSC scanning instruments and proprietary software, then encases graded cards in sealed protective cases.

ConsumerHardware

BRIAbria.aiin𝕏

Bria provides visual generative AI infrastructure for tech companies, offering APIs and SDKs for image generation, editing, and optimization built on foundation models trained exclusively on licensed, attributed data.

AdTechAI & Machine LearningDeveloper ToolsEnterprise SoftwareMarketing TechSaaS

Assa Eldar(Founder)Gal Jacobi(Founder)Yair Adato(Founder)Yair Adato Gal Jacobi(Founder)

Co-investorsAtinum Investment Co. Ltd.Bright Pixel CapitalEntrée CapitalGFT VenturesIN VentureIntel Capital+4 more

Bunch Livebunch.live

Bunch is a mobile app for video chatting with friends while playing party games together.

ConsumerGamingImpact & Social GoodSocial

Jason Liang(Founder)Jordan Howlett(Founder)Anthony Reo(Founder)Darja Gutnick(Founder)Enrico Ohnemueller(Founder)Enrico Ohnemüller(Founder)

Co-investors500 GlobalColopl NextGaingelsGolden VenturesKonvoy VenturesMetis Ventures+9 more

Caca.la

Mercer is an all-in-one web platform that enables creators and fashion teams to design, collaborate, and manage product development from concept through production using AI-powered design tools and file management.

AI & Machine LearningCreator EconomyMarketing TechSaaS

Co-investorsMaersk Growth

Catalogcatalogdna.comin𝕏

Biomemory develops DNA-based data storage systems for data centers, offering an alternative storage tier optimized for long-term archival, density, and energy efficiency.

Climate TechData & InfrastructureDeep Tech

Hyunjun Park(CEO)

Co-investorsCivilization Ventures Management, LlcFifty YearsHemisphere Ventures LLCNew Enterprise Associates (NEA)Prefix CapitalSOSV+4 more

Chroniclechronicle.studioin

Chronicle Studios operates an agentic AI platform that uses audience analytics (its CultureDB) and audience simulation to automate social media strategy, content optimization, cross-platform distribution, and audience discovery for creators, studios, and brands.

AI & Machine LearningCreator EconomyMedia & EntertainmentLos Angeles, US

Aaron Sisto(Founder)inScott GreenberginChris deFaria(Founder)

Co-investorsPoint72 VenturesTranspose Platform ManagementPatronSands Capital VenturesStrobe Ventures

Cinchcinchtech.aiApr 2025 · $38.2M

Cinch offers a Device-as-a-Service (DaaS) platform that provides businesses with laptops and IT equipment on flexible subscriptions, covering leasing, procurement, and full IT asset lifecycle management through end-of-life recycling.

Circular EconomyEnterprise SoftwareHardwareSaaS

Co-investors1982 VenturesCultivation CapitalDCGDigital Currency GroupFeedback VenturesMonk's Hill Ventures+1 more

Cinchcinch.ioin𝕏Apr 2025 · $38.2M

Cinch is a customer data and experience platform (CDXP) that unifies data from multiple sources, applies data-science tools to segment audiences, and runs automated multi-channel marketing across SMS, email, direct mail, in-app, reviews, and ads.

Data & InfrastructureMarketing TechSaaSDraper, US

Justin Rae(CEO)in

Co-investorsCampus Founders FundKickstart1982 VenturesCultivation CapitalDCGDigital Currency Group+3 more

Cloutedclouted.comin𝕏

Clouted builds a platform for distributing creator content at scale, focused on the creator economy.

AI & Machine LearningCreator EconomyMarketing TechMedia & EntertainmentSaaS

Justin Gorriceta-Banusing(Founder)inAdriel Yong(COO & Co-Founder)inJustin Banusing(CEO & Co-Founder)Kairui Zeng(CTO)

Co-investorsHustle FundPeak XV PartnersA16Z SpeedrunAndreessen HorowitzAntlerAppWorks+5 more

Coffee Meets Bagelcohive.spaceJan 2015

San Francisco, US

Ahreum Kang(Executive Officer, Director)Da Woon Kang(Executive Officer, Director)

BoardOsuke Honda(Director)in

Co-investorsAC VenturesAgaeti VenturesGingerbread CapitalLightbankQuest Venture PartnersAtami Capital+2 more

Comicicomici.jp𝕏

Comici (コミチ) was a Japanese web platform for reading and posting original manga and columns, offering genre rankings, editorial picks, and manga contests.

ConsumerCreator EconomyMedia & Entertainment

commmunecommmune.jp𝕏

Commune provides community-building software and services for companies to strengthen relationships with customers and employees, offering tools for Voice of Customer/Employee analysis, engagement programs, AI agents, and loyalty management.

AI & Machine LearningMarketing TechSaaS

Co-investorsFIRSTLIGHT CapitalJAFCO Group

Config Intelligenceconfig.incin𝕏Apr 2026

Config builds data infrastructure and a robot foundation model (CFG-1) for general-purpose, two-handed (bimanual) robotic manipulation.

AI & Machine LearningData & InfrastructureRoboticsSan Jose, US

Minjoon Seo(Executive Officer, Director)inHyungmok Son(Founder)inKimin Lee(Founder)inKeug Jae Bang(Executive Officer, Director)

Co-investorsGS FuturesHillspring InvestmentKakao VenturesKT investment Inc.LG Technology VenturesSamsung Next+3 more

Cteectee.kr

CTEE is a monetization platform that lets creators sell digital products such as courses, templates, videos, and custom work, with built-in tools for memberships, tips, event ticketing, email newsletters, and worldwide payments.

Creator EconomyE-commerceSaaS

Cupistcupist.com

Cupist is a Korean "love-tech" company that builds dating and social connection products, including the dating app Glam, the app Kemit (enfpy), and AlphaState, and is developing AI- and robot-based companionship experiences.

AI & Machine LearningConsumerSocialSeoul, KR

안재원(대표 (CEO))

Co-investorsWe Ventures

Datamakerdatamaker.ioin

DataMaker builds an all-in-one AI platform covering data preparation through AI development, including its Synapse product and domain-specific AI agents.

AI & Machine LearningData & InfrastructureDefense Tech

Delydely.jp

Operator of Kurashiru, Japan's recipe-video platform app, alongside a savings app (Reci-Chare), an AI agent platform for manufacturers, wholesalers and retailers (Kurashiru AI OS), a lifestyle media site (TRILL), and a creator management agency for live streamers (LIVEwith).

AI & Machine LearningFoodTechMedia & Entertainment

Destydesty.appin

Mekari Desty is an omnichannel e-commerce management platform that connects marketplaces (Shopee, Tokopedia, TikTok Shop, Lazada, Blibli), webstores, and physical stores into one dashboard for centralized inventory, order, chat, and sales reporting.

E-commerceRetail TechSaaSJakarta, ID

Co-investorsJungle VenturesSquare Peg Capital5Y CapitalEast VenturesFosun RZ CapitalJanuary Capital

Dialpaddialpad.comin𝕏

Dialpad provides a platform that transforms customer conversations into actionable intelligence for businesses.

AI & Machine LearningEnterprise SoftwareFuture of WorkSaaSSan Ramon, US

Craig Walker(Founder)inJohn Rector(Founder)inBrian Peterson(Founder)inLily Toy(Executive Officer)inDan O'Connell(Founder)inVincent Paquet(Founder)

Co-investors1435 Capital3Spoke CapitalAcrew CapitalAndreessen HorowitzAtomicCerity Partners Ventures+19 more

Docsumdocsum.aiin𝕏Seed

Docsum is an AI-powered contract management platform that integrates with existing legal tools to provide in-house legal teams with automated contract review, intake, and post-signature tracking capabilities.

AI & Machine LearningEnterprise SoftwareLegalTechNew York City, US

Shaunak Turaga(Founder)inAlex Leonov(Founder)in

Co-investorsCervinMaiora Rebel VenturesRebel FundY CombinatorAndreessen HorowitzDavidovs Venture Collective+6 more

Dokidoki Groove Worksdokidoki.co.jp

Dokidoki Groove Works is a Japanese company that creates digital content and services driven by passion and excitement ("dokidoki"), aiming to deliver engaging experiences to clients and users worldwide.

AI & Machine LearningConsumerDeveloper ToolsGamingMedia & EntertainmentSaaSTokyo, JP

Co-investorsMobile Internet Capital, Inc.

Double Jump Tokyodoublejump.tokyoMay 2022

double jump.tokyo is an enterprise Web3 infrastructure company offering four solutions—corporate wallets, stablecoin payments, AI agent payments, and crypto asset accounting—for companies' authentication and payment needs.

AI & Machine LearningCrypto & Web3Enterprise SoftwareFintechTokyo, JP

Hironobu Ueno(Director)Yukinori Matsuya(Director)inTakashi Fujishima(Director)Ryo Manzoku(Director)Hiroyuki Kawamoto(Director)Guo Yihong(Executive Officer)

Co-investorsDentsu VenturesFenbushi Capitalgumi IncPrime PartnersTaisu VenturesTIS Ventures+2 more

Driver Technologiesdrtc.co.jp

Driver Technologies (株式会社ドライバーテクノロジーズ) is a technology startup operating in the "drivers × internet" space.

Mobility & Transportation

Co-investorsSkyland VenturesKyoto Capital PartnersVector Inc.

Ecomobiecomobi.com

Ecomobi operates a performance-based social commerce and affiliate marketing platform that connects brands with KOLs, KOCs, and influencers to drive sales for e-commerce partners.

Creator EconomyE-commerceMarketing TechSingapore, SG

Thanh Truong(Founder)inDung Do Kim(Founder)inTruong Cong Thanh(Founder & CEO)

Co-investorsESP CapitalNaverNextransThe Ventures CoTheVenturesVinaCapital Ventures

Endowusendowus.comin

Endowus is a MAS-licensed digital investment advisory platform in Singapore that lets CPF members invest their Ordinary and Special Account savings in curated, low-cost funds.

FintechSaaSSingapore, SG

Gregory Van(Founder)inSamuel Rhee(Founder)inGregory Van Samuel Rhee(Founder)Samuel Rhee Gregory Van(Founder)

Co-investorsK3 VenturesK3V VenturesLightspeed India PartnersLightspeed Venture PartnersOSK Ventures InternationalCiti Ventures+6 more

Energent AIenergent.aiin𝕏Seed · Sep 2023

Energent.ai provides a generative AI-powered data analytics platform that enables users to analyze data through natural language prompts without requiring SQL or analytics expertise.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSan Francisco, US

Rachel Hu(Founder)inKimi Kong(Co-founder & CTO)inJared Wilber

Co-investorsMaple Leaf AngelsY CombinatorCRCM VenturesEmbedding VCGaingelsGeneral Catalyst+3 more

Evolanyevolany.comin𝕏

Evolany offers anybot, a no-code cloud service that connects with LINE to build marketing content such as lotteries, stamp cards, game campaigns, and mini-apps for automated customer engagement.

Marketing TechSaaSSales Tech

Song Yu(Founder)in

Factblockfactblock.com𝕏

Factblock provides services and platforms for the blockchain and Web3 sectors, leveraging its position as organizer of Korea Blockchain Week since 2018.

Crypto & Web3Media & EntertainmentSector AgnosticSeoul, KR

Fairydevicesfairydevices.jpin

Fairy Devices develops integrated software and hardware that connects people and machines, focused on AI technologies that accurately convey what people see, hear, and feel to AI systems.

AI & Machine LearningDeep TechHardware

Masato Fujino(Founder)in

Co-investorsDG Daiwa Ventures

Fastworkfastwork.idin𝕏

Fastwork is an Indonesian freelancer marketplace that connects clients with videographers and video production professionals.

Creator EconomyFuture of WorkHR TechMarketplacesMedia & EntertainmentJakarta, ID

Co-investorsGobi Partners

Faunafauna.comDefunct

Fauna built FaunaDB, a serverless document-relational cloud database, and shut down the service in May 2025.

San Francisco, US

Evan Weaver(Founder)Matt Freels(Founder)

Co-investorsAlumni VenturesConversion CapitalDCVC (Data Collective)Madrona Venture GroupMango CapitalPoint72 Ventures+11 more

Finfrafinfra.io

FinFra enables digital businesses in Southeast Asia to integrate lending services into their platforms, offering embedded financing solutions for digital transactions.

Data & InfrastructureFintechSaaS

Co-investorsAccionBADideas.fundCento VenturesDS/X VenturesFirstpickAccion Venture Lab+1 more

Flikflik.co.id

FLIK provides Indonesian online and physical merchants with tools including a fast website checkout, QRIS-based in-store payments, courier shipping, and order forms/landing pages for online sales.

E-commerceFintechRetail Tech

Co-investorsEast VenturesGMO VenturePartnersInit 6Saison Capital

FlowiseAIflowiseai.comin𝕏SeedAcquired

Flowise is a drag-and-drop platform for building and deploying AI applications and agents using large language models without coding.

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSaaS

Henry Heng(Founder)inChung Yau Ong(Founder)in

Co-investorsEight CapitalY CombinatorPeterson Venture Partners

foriioforiio.com𝕏

Foriio is a free portfolio platform for creators to upload, showcase, and share their work with built-in features for crediting collaborators and documenting production processes.

Creator EconomyMarketing TechSaaSTokyo, JP

Hirohito Yamada(Founder)in

Co-investorsGlobal BrainKDDI Open Innovation FundShizuoka Capital

FreakOut Holdingsfout.co.jp𝕏

FreakOut Holdings is a holding company that manages subsidiary companies and develops group management strategy.

AdTechAI & Machine LearningData & InfrastructureMarketing TechTokyo, JP

本田 謙(Representative Director / Global CEO)

Co-investorsGMO VenturePartners

Future Standardfuturestandard.co.jp

Future Standard provides a platform for image processing and computer vision services spanning from camera hardware to data extraction.

AI & Machine LearningEnterprise SoftwareHardwareIoTTokyo, JP

Oka Hiroshi (岡 寛)(Representative Director (代表取締役))

Co-investorsAG Capital Co. Ltd.PRIMAL CAPITALTokyo University of Science Innovation Capital

GarageBankgaragebank.co.jp𝕏Acquired

A Japanese company presenting its corporate philosophy, vision, mission, and values around turning the value of things into what people are able to do.

Circular EconomyConsumerFintechSector AgnosticTokyo, JP

Co-investorsG-STARTUPW Inc.Monex VenturesW ventures

GMO Cybersecurity by Ierae, Inc.gmo-cybersecurity.com

GMO Cybersecurity provides vulnerability assessments, penetration testing, incident response, security training, SOC services, and security consulting for enterprises.

AI & Machine LearningCybersecurityEnterprise SoftwareSaaSTokyo, JP

福森 大喜(CTO)小池 悠生(執行役員)Makita Makoto(Representative Director (代表取締役))in

Board阿部 慎司林 彦博寺村 亮一

Co-investorsEast VenturesGMO InternetOita Venture CapitalTokyo University of Science Innovation Capital

goooods株式会社goooods.comin

goooods is a Japanese B2B wholesale marketplace connecting retail shops with distinctive domestic and overseas brands, focusing on food, organic products, and specialty goods.

B2B MarketplacesE-commerceRetail TechTokyo, JP

Louis Nonouchi(Founder)inKeisuke Kanno(Founder)in

Co-investorsAngel Bridge Co.,Ltd.Incubate USVela Partners

Habitfactoryhabitfactory.co𝕏Oct 2025

HabitFactory provides tools that support the insurance workflow from consultation to contract completion, and helps users through loan processes by reducing paperwork and interest-rate comparison using AI-based tools and expert consultation.

AI & Machine LearningFintechInsurTech

Co-investorsWe VenturesKB InvestmentKolon Investment, Inc.Korea Development BankShinhan Venture InvestmentSmilegate Investment

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

Baseconnect株式会社Bluepoint PartnersBoomeeChatbookCommerceX HoldingsDelizMartFeedbackloopHUSTAR株式会社IhokJigKokoziLiteviewRealryResortandRXC CORP.SingcolorSTRACTSundayThecocoVirtualartsWaaqWantX2Y2xxxxneseZIDAI株式会社

Browse all 256 investments with full details →

▶56 more tracked companies

Zuzu주식회사 아크로스테크놀로지스ジーニースタディポケット株式会社のロゴスマートバンクソラジマビジョナル株式会社ミラティブモノグサラクスルワンダープラネット代々木アニメーショングループ株式会社AccordX株式会社AgeWellJapan株式会社Aiming株式会社aquwa株式会社BALLAS株式会社Candee株式会社COUNTER WORKS株式会社ElevationSpace株式会社GameWith株式会社Genon株式会社grow&partners株式会社Hacobu株式会社Hubble株式会社IMCF株式会社Lang-8株式会社LayerX株式会社Linc株式会社Meily株式会社MFS株式会社microCMS株式会社mov株式会社OKAN株式会社PoliPoli株式会社Scalar株式会社Spectee株式会社Wilico株式会社ZEALS株式会社アラカン株式会社インティメート・マージャー株式会社ウェルモ株式会社ウタイテ株式会社お金のデザイン株式会社ステルラ株式会社スマイルワークス株式会社ゼロワン株式会社チケミー株式会社ブレンド株式会社みーつけあ株式会社ムビコ株式会社モノカブ株式会社モンスターラボホールディングス株式会社ユーザベース株式会社レアジョブ株式会社レット

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Z Venture Capital made?
Z Venture Capital has 256 tracked investments, 8 of which have exited, including 16 dated in the last 24 months.
What stage does Z Venture Capital invest at?
Z Venture Capital invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What sectors does Z Venture Capital focus on?
Z Venture Capital focuses on AI & Machine Learning, Crypto & Web3, Cybersecurity, Data & Infrastructure, Deep Tech, E-commerce, EdTech, Fintech, Healthtech, HR Tech, Logistics & Supply Chain, Media & Entertainment, SaaS, Space Tech.
Where is Z Venture Capital located?
Z Venture Capital is headquartered in Tokyo, JP.
Does Z Venture Capital lead rounds?
Z Venture Capital typically participates in rounds rather than leading them.
Who does Z Venture Capital co-invest with?
Z Venture Capital most often shares deals with Global Brain, Globis Capital Partners, KDDI Open Innovation Fund, among 295 tracked co-investors.
What size deals does Z Venture Capital back?
Across 6 deals with disclosed amounts, Z Venture Capital has joined rounds of $7M – $38.2M (median $13.5M).

Images

Z Venture Capital photoZ Venture Capital photo

Co-investors · 3

NOW Japan

NOW is a venture investment firm with a Japanese focus, backing early-stage startups across various sectors.

Both backed · 4
ANRI

ANRI is a Japanese venture capital fund led by founder-GP Anri Samata that takes a high-maintenance seed strategy, aiming to own around 25% at exit by starting with roughly 10% at seed and actively working with founders on legal, IP, team building, PR, and marketing. The fund is unusually aggressive in backing deep-tech and university-origin seed startups, deliberately stepping into the valley of death between research grants and Series A where few Japanese funds will take risk on unproven tech commercialization.

Beyond Next Ventures

Beyond Next Ventures is a deep-tech venture capital firm founded in 2014 that supports researchers and entrepreneurs commercializing research from academia and large companies. It invests and runs incubation programs in Japan and India.

Firms observed investing alongside Z Venture Capital, from public investor directories. Shared companies are the overlap with Z Venture Capital's recorded portfolio.

Similar investors

Featured in lists