# Development Bank of Japan Inc.: portfolio, investments and team > Development Bank of Japan Inc. is a government based in Japan. 4 investments on record, 2 in the last 12 months, latest Feb 2026. Source: https://millionrounds.com/fund/development-bank-of-japan-2 (Millionrounds; every figure on the page links to its filing or article) Japan · [Investor](https://millionrounds.com/investors) # Development Bank of Japan Inc. Last cheque observed Feb 2026; 4 cheques on record. Deploying now Government Seed Series A Series B Bank Lending Paytech Deploying now **100%** of best year **2** **cheques in 12 months**, 4 on record Since the last cheque **240** days **00** hrs **00** min **00** sec Median round **$280M** Rounds led **1 of 4** Sole investor **1 rounds** Pitch Development Bank of Japan Inc. ## Development Bank of Japan Inc. highlights - 01 2 cheques in the last 12 months - 02 Mostly Series A and Series C: 67% of its rounds - 03 Sole investor in 1 rounds, median $38M ## What they do - **Type:** Government (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Seed Series A Series B Growth Pre-IPO - **Sectors:** Bank Lending Paytech - **Based in:** Tokyo, Japan - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **4 appearances** - **2026** 2 rounds - **Feb** **[Rapidus](https://millionrounds.com/company/rapidus)** JP · Ventureburn **$1.7B** With 11 others - **Feb** **[CesiumAstro](https://millionrounds.com/company/cesiumastro)** Series C · US · Ventureburn **$470M** With 6 others - **2017** 1 round - **Dec** **[ispace](https://millionrounds.com/company/ispace)** Series A · JP · TechCrunch **$90M** With 3 others - **2016** 1 round - **Jul** **[SmartNews](https://millionrounds.com/company/smartnews)** Series D · JP · TechCrunch **$38M** *Led* An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **3** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. Funds they back ## 1 fund commitment on record - **Managers:** - Every fund on record that it has committed money to, and the managers who invest it. Source: fund news. Most recent commitments - Mercuria Investment Co., Ltd. and Airborne Capital Limited MACH OE ## The cheque Seed Series A Series B Median round joined **$280M** the round, not its cheque Alone, median **$38M** Led 1 of 4 rounds **25%** - **Sole investor:** 1 rounds - **Last cheque:** Feb 2026 Rounds by stage said on their site - Series A said *1* - Series C *1* - Series D *1* - Seed said *-* - Series B said *-* - Growth said *-* - Pre-IPO said *-* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching Development Bank of Japan Inc.?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Development Bank of Japan Inc. put money into. [**Rapidus** $1.7B · Feb 2026](https://millionrounds.com/company/rapidus)[**CesiumAstro** $470M · Feb 2026](https://millionrounds.com/company/cesiumastro)[**SmartNews** $38M · Jul 2016](https://millionrounds.com/company/smartnews) ## Quick answers about Development Bank of Japan Inc. ### What does Development Bank of Japan Inc. invest in? Development Bank of Japan Inc. invests most often at Series A and Series C (67% of the rounds on record), in sectors such as Bank, Lending and Paytech. ### How active is Development Bank of Japan Inc.? 4 investments on record, 2 of them in the last 12 months, and it led 1. The most recent was in Feb 2026. ### What has Development Bank of Japan Inc. invested in recently? Its most recent investments on record: Rapidus (Feb 2026), CesiumAstro (Series C, Feb 2026) and ispace (Series A, Dec 2017). ### How big are Development Bank of Japan Inc.'s cheques? The median round it joins is $280M. ### Is Development Bank of Japan Inc. investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### What kind of investor is Development Bank of Japan Inc.? Development Bank of Japan Inc. is a government based in Tokyo, Japan. ### When was Development Bank of Japan Inc. founded? Development Bank of Japan Inc. was founded in 1951. ### Where does this information on Development Bank of Japan Inc. come from? From 4 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=development-bank-of-japan-2) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=development-bank-of-japan-2)