Brouky Score · 2026

Top VC Firms in Japan

The 25 highest-scoring venture funds headquartered in Japan, ranked from 58 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.

69
Median score / 110
across eligible firms
58
Eligible firms
5+ tracked investments
3,172
Tracked investments
in this market
25
Firms ranked
highest scoring
Sort by
1

Pegasus Tech Ventures

Series C+Japan
Software & Developer ToolsEnergy, Environment & MobilityHealthcare & Life SciencesConsumer, Lifestyle & ServicesCommerce & MarketingArtificial Intelligence & Data+3 more
aiai-infrastructuredata-centersenergy-efficiencyhardwarehigh-bandwidth+3 more

Pegasus Tech Ventures invests primarily in Japanese deep tech startups, focusing on AI and SaaS companies at series-c-plus stage to drive innovation and global expansion.

99/ 110Grade A

Investments

18

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
2
Healthcare & Life Sciences
biotechcancerprotein-degradationhealthcarecancer-treatmentcell-therapy+3 more

Astellas Venture Management invests in early-stage biotechnology and pharmaceutical companies. They focus on innovative therapeutics and technologies that align with Astellas Pharma's strategic interests.

97/ 110Grade A

Investments

39

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
38 / 40
3

JAFCO Group

Series C+Japan
Software & Developer ToolsIndustry & HardwareHealthcare & Life SciencesCommerce & MarketingFinance & BlockchainArtificial Intelligence & Data+3 more
biotechsustainabilitycrmmobile-appdata-analyticsmanufacturing+3 more

JAFCO Group is a venture capital firm that invests in a wide range of industries and stages, with a focus on helping startups grow and expand their businesses. They aim to create value by providing not only capital but also management support and access to their network.

94/ 110Grade A

Investments

37

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
35 / 40
4

Tokio Marine

Series AJapan
Finance & BlockchainSoftware & Developer ToolsConsumer, Lifestyle & ServicesEnergy, Environment & MobilityCommerce & MarketingHealthcare & Life Sciences+3 more
insurancefintechaidigital-insurancerisk-managementtrade-finance+3 more

Tokio Marine Innovation Lab focuses on seed-stage startups, particularly those relevant to insurance and risk management. They invest in companies developing related technologies and solutions.

92/ 110Grade A-

Investments

29

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
11 / 25
Deal Volume
30 / 30
Portfolio Outcomes
36 / 40
5

ANRI

Series AJapan
Software & Developer ToolsHealthcare & Life SciencesConsumer, Lifestyle & ServicesFinance & BlockchainIndustry & HardwareEnergy, Environment & Mobility+3 more
automationaisaasbeautyenterprisesmb-services+3 more

ANRI invests in early-stage startups, primarily in Japan. They focus on software and developer tools companies.

86/ 110Grade A-

Investments

50

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
29 / 40
6

Rakuten Capital

Corporate VCSeries C+Japan
Software & Developer ToolsCommerce & MarketingFinance & BlockchainHealthcare & Life SciencesEnergy, Environment & MobilityConsumer, Lifestyle & Services+3 more
mobile-appmobilityd2cfood-deliveryaion-demand+3 more

Rakuten Capital primarily invests in series-a stage companies with B2C business models. Their main sector focus is finance and blockchain.

86/ 110Grade A-

Investments

45

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
1 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
7

Mitsubishi UFJ Capital

Corporate VCSeries AJapan
Industry & HardwareSoftware & Developer ToolsConsumer, Lifestyle & ServicesEnergy, Environment & MobilityHealthcare & Life SciencesArtificial Intelligence & Data+3 more
biotechdrug-developmentr-dmachine-learningmanufacturingprocurement+3 more

Focuses on investments in industry and hardware companies, primarily in Series C and later stages. They aim to support companies with innovative technologies and strong growth potential.

86/ 110Grade A-

Investments

22

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
27 / 40
8
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareConsumer, Lifestyle & ServicesFinance & BlockchainCommerce & Marketing+3 more
analyticsdatamobile-apptelemedicineartificial-intelligenceagriculture+3 more

Rebright Partners focuses on early-stage investments in technology companies. They primarily invest in artificial intelligence and data-driven solutions, with a focus on the United States.

85/ 110Grade A-

Investments

47

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
14 / 15
Venture Signals
14 / 25
Deal Volume
17 / 30
Portfolio Outcomes
40 / 40
9

NTT DOCOMO Ventures

Corporate VCSeries C+Japan
Software & Developer ToolsArtificial Intelligence & DataConsumer, Lifestyle & ServicesFinance & Blockchain+1 more
analyticsdatadata-managemententerprisedata-privacyecommerce+3 more

Focuses on investing in companies based in the United Kingdom. Primarily invests in companies in the Artificial Intelligence & Data sector.

85/ 110Grade A-

Investments

16

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
9 / 25
Deal Volume
30 / 30
Portfolio Outcomes
31 / 40
10

SoftBank Vision Fund

Series C+Japan
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareFinance & BlockchainCommerce & MarketingConsumer, Lifestyle & Services+3 more
aihealthcarer-dmachine-learningdrug-developmentbiotech+3 more

Focuses on investing in companies that are using technology to improve people's lives. They invest across a range of sectors and stages, with a particular interest in companies with the potential to become global leaders.

83/ 110Grade B+

Investments

309

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
38 / 40
11

Incubate Fund

SeedJapan
Software & Developer ToolsIndustry & HardwareConsumer, Lifestyle & ServicesHealthcare & Life SciencesCommerce & MarketingArtificial Intelligence & Data+3 more
analyticsdataapplication-securitycloud-securitythreat-detectionretail+3 more

Focuses on early-stage companies in the US, particularly seed rounds. Invests in the artificial intelligence and data sectors.

83/ 110Grade B+

Investments

44

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
26 / 40
12

DNX Ventures

SeedJapan
Software & Developer ToolsIndustry & HardwareFinance & BlockchainCommerce & MarketingConsumer, Lifestyle & ServicesEnergy, Environment & Mobility+3 more
aiautomationcloudcybersecuritydata-managementcollaboration+3 more

DNX Ventures is an early-stage venture capital firm that invests in B2B startups across North America and Japan, with a focus on SaaS, security, frontier tech, and infrastructure.

81/ 110Grade B

Investments

200

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
8 / 25
Deal Volume
30 / 30
Portfolio Outcomes
28 / 40
13

MS&AD Ventures

Corporate VCSeries AJapan
Finance & BlockchainSoftware & Developer ToolsIndustry & HardwareHealthcare & Life SciencesCommerce & MarketingConsumer, Lifestyle & Services+3 more
fintechfinancial-servicesaicybersecuritydata-privacydata+3 more

MS&AD Ventures invests in early-stage companies, primarily focusing on the insurance and financial services industries. They seek innovative technologies and business models that create strategic value for MS&AD Insurance Group.

81/ 110Grade B

Investments

44

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
36 / 40
14

Takeda Ventures

Corporate VCSeries AJapan
Healthcare & Life SciencesSoftware & Developer ToolsIndustry & HardwareFinance & Blockchain+1 more
healthcarebiotechr-ddrug-developmentdrug-discoveryoncology+3 more

Takeda Ventures invests in early-stage healthcare and life science companies. They primarily focus on companies in the United States.

81/ 110Grade B

Investments

24

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
5 / 25
Deal Volume
30 / 30
Portfolio Outcomes
31 / 40
15

Honda

SeedJapan
Energy, Environment & MobilitySoftware & Developer ToolsIndustry & HardwareConsumer, Lifestyle & Services+1 more
sustainabilityclimate-techclean-energyseed-fundingbiogascarbon-capture+3 more
79/ 110Grade B

Investments

13

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
18 / 30
Portfolio Outcomes
30 / 40
16
Software & Developer ToolsIndustry & HardwareCommerce & MarketingHealthcare & Life SciencesFinance & BlockchainConsumer, Lifestyle & Services+3 more
aienterprisefintechmanufacturingprocurementanalytics+3 more

Globis Capital Partners is an early-stage venture capital firm that focuses on investing in technology-driven companies in Japan and Southeast Asia. They look for startups with innovative solutions and high growth potential, typically investing in Series A and B rounds.

78/ 110Grade B-

Investments

141

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
19 / 40
17

Strive Ventures

Series AJapan
Software & Developer ToolsCommerce & MarketingHealthcare & Life SciencesFinance & BlockchainConsumer, Lifestyle & ServicesIndustry & Hardware+3 more
complianceai-accelerationdata-integrationdeveloper-toolsautomationgdpr+3 more

Founded in 2021, Strive Ventures is a venture capital firm based in Copenhagen, Denmark. The firm prefers to invest in Danish start-up companies.

78/ 110Grade B-

Investments

91

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
8 / 30
Portfolio Outcomes
40 / 40
18

Saison Capital

Series AJapan
Finance & BlockchainSoftware & Developer ToolsConsumer, Lifestyle & ServicesCommerce & MarketingArtificial Intelligence & DataIndustry & Hardware+3 more
smb-servicesfinancial-servicesfintechpersonal-financedeliveryd2c+3 more

Saison Capital is the corporate venture arm of Credit Saison, a Japanese financial services company. They invest globally from seed to series B in fintech, web3, and companies that can embed financial services, with a strong focus on Southeast Asia and India.

78/ 110Grade B-

Investments

25

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
6 / 25
Deal Volume
30 / 30
Portfolio Outcomes
27 / 40
19

SMBC Venture Capital

Corporate VCSeries AJapan
Software & Developer ToolsIndustry & HardwareHealthcare & Life SciencesFinance & BlockchainEnergy, Environment & MobilityConsumer, Lifestyle & Services+3 more
artificial-intelligencemanufacturingprocurementdata-platformairport-transferslocal-services+3 more

Focuses on seed-stage investments in Japan. Primarily invests in the Industry & Hardware sector.

78/ 110Grade B-

Investments

19

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
19 / 40
20

Base Partners

Series AJapan
Software & Developer ToolsFinance & BlockchainIndustry & HardwareConsumer, Lifestyle & ServicesEnergy, Environment & MobilityCommerce & Marketing+3 more
generative-aiconsumer-goodse-commerceprocurementaicontent-creation+3 more

Focuses on Series A investments in Hong Kong. Primarily invests in the Commerce & Marketing sector.

78/ 110Grade B-

Investments

13

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
10 / 30
Portfolio Outcomes
39 / 40
21

Softbank

Corporate VCSeries C+Japan
Software & Developer ToolsFinance & BlockchainIndustry & HardwareCommerce & MarketingConsumer, Lifestyle & ServicesEnergy, Environment & Mobility+3 more
aifintechautomationpaymentsfinancial-servicesmobile-app+3 more

Softbank invests in technology companies globally, with a focus on late-stage, high-growth businesses. They target sectors like software, consumer internet, and hardware, primarily investing in B2C companies.

77/ 110Grade B-

Investments

301

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
32 / 40
22
Software & Developer ToolsFinance & BlockchainConsumer, Lifestyle & ServicesCommerce & MarketingIndustry & HardwareArtificial Intelligence & Data+3 more
automationaifintechanalyticsdatafinancial-services+3 more

Infinity Ventures focuses on early-stage, seed investments. They are particularly interested in companies operating at the intersection of AI/data and commerce/marketing.

77/ 110Grade B-

Investments

58

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
32 / 40
23
Software & Developer ToolsEnergy, Environment & MobilityIndustry & HardwareCommerce & Marketing+1 more
educationcircular-economyresale-platformtextile-recyclingemployee-benefitsupskilling+3 more
77/ 110Grade B-

Investments

11

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
6 / 30
Portfolio Outcomes
40 / 40
24
Healthcare & Life SciencesIndustry & HardwareConsumer, Lifestyle & ServicesEnergy, Environment & MobilitySoftware & Developer ToolsArtificial Intelligence & Data+3 more
digital-healthaquacultureaifoodbiotechnologyconsumer+3 more

Beyond Next Ventures invests in early-stage startups, primarily in Japan. They focus on industry & hardware and healthcare sectors, supporting companies with innovative technologies.

76/ 110Grade B-

Investments

74

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
17 / 40
25

Coral Capital

Series C+Japan
Software & Developer ToolsCommerce & MarketingHealthcare & Life SciencesEnergy, Environment & MobilityIndustry & HardwareFinance & Blockchain+3 more
aidigitalizationcustomer-experiencelogisticsenterprise-softwaresaas+3 more

Coral Capital invests in startups primarily in Japan and internationally, focusing on early-stage and technology sectors. Their portfolio includes companies such as SmartHR, Kyoto Fusioneering, Ramp, Anduril, and General Matter.

75/ 110Grade B-

Investments

71

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
18 / 40

Methodology

What the score measures, who is eligible, and what it deliberately excludes.

How is the Brouky score for Japan calculated?
Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
Which firms are eligible for the Japan ranking?
Venture and corporate venture funds headquartered in Japan with at least 5 tracked investments. 58 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
How often is the ranking updated?
Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
My fund's data looks wrong. Can it be corrected?
Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.

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