Z Venture Capital
Corporate VCTokyo · Pre-Seed–Late Stage · 23 people tracked
Also known as Z Venture Capital株式会社
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.
Source: firm website, verified Aug 3, 2026.
Team · 23 people
from the firm's website & public directoriesWhat they invest in
from 32 of 228 portfolio companiesAI & 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 pathBiomemory 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
San Francisco, US
Ahreum Kang(Executive Officer, Director)Osuke Honda(Director)Da Woon Kang(Executive Officer, Director)
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)
Tokyo
Yukinori Matsuya(Director)Takashi Fujishima(Director)Ryo Manzoku(Director)Hiroyuki Kawamoto(Director)Hironobu Ueno(Director)Guo Yihong(Executive Officer)
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
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)
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
Browse all 228 investments with full details →
▶28 more tracked companies
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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
Co-investors · 3
NOW is a venture investment firm with a Japanese focus, backing early-stage startups across various sectors.
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.
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.
Firms observed investing alongside Z Venture Capital, from public investor directories. Shared companies are the overlap with Z Venture Capital's recorded portfolio.
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