# FFG Venture Business Partners: portfolio, investments and team

> FFG Venture Business Partners is a vc firm. 56 investments on record, 16 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/ffg-venture-business-partners (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# FFG Venture Business Partners

Last cheque observed Sep 2026; 56 cheques on record.

Deploying now VC firm

Venture Series A Series B Health Care Artificial Intelligence

Deploying now

**94%** of best year **16** **cheques in 12 months**, 56 on record

Since the last cheque **55** days **00** hrs **00** min **00** sec

Median round **$3.6M** Rounds led **0 of 56** Sole investor **7 rounds** Mostly in **Japan, 98%**

Pitch FFG Venture Business Partners

## FFG Venture Business Partners highlights

- 01 16 cheques in the last 12 months
- 02 Mostly Venture and Series A: 62% of its rounds
- 03 Sole investor in 7 rounds, median $1.6M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** Not stated
- **Sectors:** Health Care Artificial Intelligence
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **56 appearances**

- **2026** 13 rounds
- **Sept** **[Josan-shes](https://millionrounds.com/company/josan-shes)** Series A · JP **$2.6M** With 2 others
- **Aug** **[ATOMica](https://millionrounds.com/company/atomica)** Venture · JP **$3.6M** With 3 others
- **Aug** **[Aeronext](https://millionrounds.com/company/aeronext)** Venture · JP **$4.0M** With 2 others
- **Jun** **[MW](https://millionrounds.com/company/mw)** Seed · JP **$19M** With 1 other
- **Jun** **[Linq](https://millionrounds.com/company/linq)** Series A · US **$6.9M** With 2 others
- **May** **[OpenHeart](https://millionrounds.com/company/openheart)** Seed · JP **$1.4M** With 2 others
- **Apr** **[Tensor Energy](https://millionrounds.com/company/tensor-energy)** Series A · JP **$6.0M** With 4 others
- **Mar** **[Pathos Logos](https://millionrounds.com/company/pathos-logos)** Series B · JP **$20M** With 4 others
- **Mar** **[Toypo](https://millionrounds.com/company/toypo)** Venture · JP **Undisclosed** With 1 other
- **Mar** **[ATOMica](https://millionrounds.com/company/atomica)** Series B · JP **$3.6M** With 3 others
- **Feb** **[Muso Action](https://millionrounds.com/company/muso-action)** Seed · JP **$23M** Sole investor
- **Feb** **[InsightX](https://millionrounds.com/company/insightx)** Series A · JP **$1.3M** With 1 other
- **Jan** **[REVORN](https://millionrounds.com/company/revorn)** Venture · JP **$2.7M** With 2 others
- **2025** 14 rounds
- **Dec** **[Paytner](https://millionrounds.com/company/paytner)** Debt · JP **$17M** With 4 others
- **Dec** **[Surv Biopharma](https://millionrounds.com/company/surv-biopharma)** Grant · JP **$17M** With 1 other
- **Nov** **[Sitateru](https://millionrounds.com/company/sitateru)** Venture · JP **Undisclosed** With 3 others
- **Oct** **[Domuz](https://millionrounds.com/company/domuz)** Debt · JP **$659K** With 3 others
- **Sept** **[OpenHeart](https://millionrounds.com/company/openheart)** Venture · JP **Undisclosed** With 1 other
- **Aug** **[MyDearest](https://millionrounds.com/company/mydearest)** Series C · JP **$1.2M** With 3 others
- **Jul** **[FELIQS](https://millionrounds.com/company/feliqs)** Series A · JP **$8.3M** With 3 others
- **Apr** **[Cellid](https://millionrounds.com/company/cellid)** Series C · JP **$7.7M** With 3 others
- **Apr** **[KAICO](https://millionrounds.com/company/kaico)** Series B · JP **$3.8M** With 3 others
- **Apr** **[aiESG](https://millionrounds.com/company/aiesg)** Venture · JP **Undisclosed** With 3 others
- **Mar** **[Tensor Energy](https://millionrounds.com/company/tensor-energy)** Venture · JP **$667K** With 4 others
- **Mar** **[Oxxx](https://millionrounds.com/company/oxxx)** Series A · JP **$1.2M** Sole investor
- **Feb** **[Josan-shes](https://millionrounds.com/company/josan-shes)** Seed · JP **$980K** With 2 others
- **Jan** **[Neusignal Therapeutics](https://millionrounds.com/company/neusignal-therapeutics)** Series A · JP **$7.4M** With 4 others
- **2024** 12 rounds
- **Nov** **[ACCEL Stars](https://millionrounds.com/company/accel-stars)** Series A · JP **$7.3M** With 1 other
- **Nov** **[Aeronext](https://millionrounds.com/company/aeronext)** Series B · JP **$4.0M** With 2 others
- **Nov** **[KOALA Tech](https://millionrounds.com/company/koala-tech)** Series B · JP **$3.7M** With 4 others
- **Oct** **[Deltan](https://millionrounds.com/company/deltan)** Seed · JP **$3.3M** With 2 others
- **Oct** **[Okuma Diamond Device](https://millionrounds.com/company/okuma-diamond-device)** Venture · JP **Undisclosed** With 5 others
- **Jul** **[F.MED](https://millionrounds.com/company/f-med)** Series A · JP **$2.7M** With 1 other
- **May** **[YAMAP](https://millionrounds.com/company/yamap)** Series D · JP **$13M** With 4 others
- **Apr** **[HMS](https://millionrounds.com/company/hms)** Series A · JP **$2.0M** Sole investor
- **Apr** **[Farmnote holdings Japan](https://millionrounds.com/company/farmnote-holdings-japan)** Venture · JP **$5.4M** With 4 others
- **Mar** **[QibiTech](https://millionrounds.com/company/qibitech)** Venture · JP **$5.4M** With 5 others
- **Feb** **[Nature Architects](https://millionrounds.com/company/nature-architects)** Series B · JP **$34K** With 1 other
- **Jan** **[Trinity Technology](https://millionrounds.com/company/trinity-technology)** Series B · JP **$7.5M** With 5 others
- **2023** 6 rounds
- **Dec** **[Yoii](https://millionrounds.com/company/yoii)** Series A · JP **$5.5M** With 4 others

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 cheque

Venture Series A Series B

Median round joined **$3.6M** the round, not its cheque Alone, median **$1.6M**

Led 0 of 56 rounds **0%**

- **Sole investor:** 7 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Venture *19*
- Series A *14*
- Series B *8*
- Seed *7*
- Series C *3*
- Debt *2*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) 16
- [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) 13
- [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) 12
- [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) 9
- [SBI Investment](https://millionrounds.com/fund/sbi-investment) 6
- [Spiral Capital](https://millionrounds.com/fund/spiral-capital) 4

**Pitching FFG Venture Business Partners?** 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 *→*

## Who they invest alongside

The investors most often in the same rounds as FFG Venture Business Partners. A count of rooms they were both in, not a relationship either has claimed.

[**Mitsubishi UFJ Capital** VC firm **16** rounds together](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd)[**Mizuho Capital** VC firm **13** rounds together](https://millionrounds.com/fund/mizuho-capital)[**SMBC Venture Capital** Investment bank **12** rounds together](https://millionrounds.com/fund/smbc-venture-capital-2)[**Global Brain Corporation** VC firm **9** rounds together](https://millionrounds.com/fund/global-brain-corporation)[**SBI Investment** VC firm **6** rounds together](https://millionrounds.com/fund/sbi-investment)[**Spiral Capital** VC firm **4** rounds together](https://millionrounds.com/fund/spiral-capital)[**DNX Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/dnx-ventures-us)[**Delight Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/delight-ventures-2)[**East Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/east-ventures)[**Genesia Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/genesia-ventures)[**IVC** VC firm **3** rounds together](https://millionrounds.com/fund/ivc)[**JAFCO** Company **3** rounds together](https://millionrounds.com/fund/jafco)

## Recently backed

The latest companies FFG Venture Business Partners put money into.

[**Josan-shes** $2.6M · Sept 2026](https://millionrounds.com/company/josan-shes)[**ATOMica** $3.6M · Aug 2026](https://millionrounds.com/company/atomica)[**Aeronext** $4.0M · Aug 2026](https://millionrounds.com/company/aeronext)[**Linq** $6.9M · Jun 2026](https://millionrounds.com/company/linq)[**OpenHeart** $1.4M · May 2026](https://millionrounds.com/company/openheart)[**Tensor Energy** $6.0M · Apr 2026](https://millionrounds.com/company/tensor-energy)

## Quick answers about FFG Venture Business Partners

### What does FFG Venture Business Partners invest in?

FFG Venture Business Partners invests most often at Venture and Series A (62% of the rounds on record), in sectors such as Health Care and Artificial Intelligence.

### How active is FFG Venture Business Partners?

56 investments on record, 16 of them in the last 12 months. The most recent was in Sept 2026.

### What has FFG Venture Business Partners invested in recently?

Its most recent investments on record: Josan-shes (Series A, Sept 2026), ATOMica (Venture, Aug 2026) and Aeronext (Venture, Aug 2026).

### How big are FFG Venture Business Partners's cheques?

The median round it joins is $3.6M.

### Does FFG Venture Business Partners lead rounds?

Rarely, if at all: none of its 56 investments on record names it as the lead.

### Where does FFG Venture Business Partners invest?

Most of the companies it backs are in Japan (98%).

### Is FFG Venture Business Partners investing now?

Yes: it is actively investing, with 16 investments in the last 12 months.

### Who does FFG Venture Business Partners invest alongside?

Most often Mitsubishi UFJ Capital (16 rounds together), Mizuho Capital (13 rounds together) and SMBC Venture Capital (12 rounds together).

## 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=ffg-venture-business-partners) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ffg-venture-business-partners)