Fundraising Fox

Z Venture Capital

Corporate VC

Tokyo · Pre-Seed–Late Stage · 23 people tracked

Also known as Z Venture Capital株式会社

Fox Verdict
Sign up to see your fit

Investment thesis

ZVC is a corporate venture capital firm backed 100% by LINE Yahoo Corporation, established in 2012 and reorganized in 2021 via the merger of YJ Capital and LINE Ventures. Operating from Tokyo, Seoul, and San Francisco, it makes all-stage investments (seed through later) focused primarily on Japan, Korea, Southeast Asia, and the United States. Its investment areas span media, commerce, fintech, AI, and space technology. Beyond capital, ZVC supports innovative startups by leveraging the resources, expertise, and assets of the LINE Yahoo group to help founders build the future.

Invests inAI & Machine LearningDeep TechE-commerceFintechMedia & EntertainmentSaaSSpace TechAsia-PacificJapanSouth KoreaTokyoUnited States

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Late Stage
Check
$150K – $101M
HQ
Tokyo, CA, JP
Leads rounds
Follows
Instruments
Equity
Founded
2012
AUM
$1.7B
Tracked investments
228

Team · 23 people

from the firm's website & public directories
Kohei Okubo· Principalin𝕏
Julie (Jeemin) Seo· Investment Manager
Keita Matsuyama· Investorin𝕏
Shinichiro Hori· Investorin𝕏
Sungjoon Park· Investment Manager

What they invest in

from 32 of 228 portfolio companies

AI & Machine Learning ×11SaaS ×11Enterprise Software ×8Marketing Tech ×7Creator Economy ×5Media & Entertainment ×5Data & Infrastructure ×4E-commerce ×4

HQs:Japan×15United States×10South Korea×2United Kingdom×1Indonesia×1Malaysia×1

Investments · 228 tracked

founders shown can be your intro path
Dialtoneusedialtone.comin𝕏✓ verified

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

AI & Machine LearningDeveloper ToolsEnterprise SoftwareSan Francisco, US

Akash Kashyap(Founder)inPetr

㈱LEAN BODYlean-body.co.jp
Acon3Dacon3d.com𝕏
AFINITafinit.comin
Alualu.jp𝕏
Amarthaamartha.comin𝕏
Asoviewasoview.com
B GARAGEbgarage.aiin
Babybillybabybilly.app
Bespobespo.tech
Bluepointbluepoint.ac
Boomeeboomee.jp
Brgcardbrgcard.com
BRIAbria.aiin𝕏
Caca.la
Catalogdnacatalogdna.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

Chatbookchatbook.ai
Chroniclechronicle.studioin
Cinchcinchtech.ai
Cinchcinch.ioin

Cinch is a customer data and marketing automation platform that unifies customer information from multiple sources and enables B2C businesses to create personalized marketing campaigns across SMS, email, direct mail, and other channels.

Data & InfrastructureMarketing TechSaaS

Coffee Meets Bagelcohive.space

San Francisco, US

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

Comicicomici.jp𝕏
Commmunecommmune.jp𝕏
corp.bell-face.combell-face.com
Cteectee.kr
Cupistcupist.com
Datamakerdatamaker.ioin
Delydely.jp
Destydesty.appin
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(Chief Executive Officer & Founder)Lily Toy(Executive Officer)Mark Shulgan(Director)Marc Andreessen(Director)John Rector(Director)John Kim(Director)

Double Jump Tokyodoublejump.tokyo

Tokyo

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

Ecomobiecomobi.com
Endowusendowus.comin
Evolanyevolany.comin𝕏
Factblockfactblock.com
Fairydevicesfairydevices.jp
Fastworkfastwork.idin𝕏
Faunafauna.com

San Francisco, US

Evan Weaver(Executive Officer, Director, Promoter)

Feedbackloopfeedbackloop.com
Finfrafinfra.io
Flik.Coflik.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

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

FOUNDERSbunch.live
Habitfactoryhabitfactory.co𝕏
HappyFreshhappyfresh.com
Hellohello.ai𝕏

Hello is an AI-native company that designs its work and products around AI from the ground up.

AI & Machine LearningConsumerFoodTechSaaSSan Francisco, US

Daniel Rose(Director)James Proud(Executive Officer, Director)播口 友紀(代表取締役 CEO)杉本 風斗(取締役 CTO)田中 和希(社外取締役)

Helpfeel Inc.helpfeel.com𝕏

Helpfeel provides a knowledge data platform that uses search technology and AI to organize and deliver company knowledge to customers and employees.

AI & Machine LearningEnterprise SoftwareSaaS京都, JP

洛西 一周 (Shūichi Nagata)(代表取締役/CEO)

HonestDocshonestdocs.idin
Hopaehopae.comin
HUSTAR株式会社studychain.jp
Idnidn.mediain
Iettyietty.me
Ihokihok.jp
Instavrinstavr.co𝕏
iPrice Groupipricegroup.com

iPrice Group operates a price comparison and shopping platform that helps consumers find the cheapest online prices by aggregating offers from e-commerce partners across Southeast Asia.

E-commerceMarketplacesRetail TechKuala Lumpur, MY

JeongYookGakjeongyookgak.com
Jigjig.jp

Browse all 228 investments with full details →

28 more tracked companies

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くふうカンパニー株式会社サケアイ株式会社シェアダ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ソーシャルインテリア株式会社チケミー株式会社ドキドキグルーヴワークス株式会社ドライバーテクノロジーズ株式会社ピカブル株式会社ヒトクセ株式会社フューチャースタンダード株式会社フリークアウト・ホールディングス株式会社ブレンド株式会社マーケットエンタープライズ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 2023/3/28 東証グロースへ上場株式会社ヤプリ株式会社ユーザベース 2016/10/21 東証マザーズへ上場株式会社レアジョブ株式会社レット株式会社鎌倉新書

Frequently asked questions

What stage does Z Venture Capital invest at?
Z Venture Capital invests at the Pre-Seed, Seed, Series A, Series B, Series C, Growth, Late Stage stages.
What is Z Venture Capital's typical check size?
Z Venture Capital typically writes checks of $150K – $101M.
What sectors does Z Venture Capital focus on?
Z Venture Capital focuses on AI & Machine Learning, Deep Tech, E-commerce, Fintech, 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.

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 · 3
Mellia株式会社株式会社PoliPoli株式会社ピカブル
$771K – $30M
Beyond Next Ventures

Beyond Next Ventures is a Japan-based deep-tech venture capital firm supporting the commercialization of research from academia and large corporations, and building startup ecosystems.

Both backed · 2
公式Webサイトへ navigate_next株式会社ElevationSpace
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.

$497K – $78M

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