# IVC: portfolio, investments and team

> IVC is a vc firm based in Taiwan. 282 investments on record, 33 in the last 12 months, latest Sept 2026. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/ivc (Millionrounds; every figure on the page links to its filing or article)

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

# IVC

Last cheque observed Sep 2026; 282 cheques on record.

Email

Deploying now New fund, May 2025 VC firm Website unconfirmed

Pre-seed Seed Series A Venture Capital & Private Equity

Follow IVC and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fivc)

Deploying now

**62%** of best year **33** **cheques in 12 months**, 282 on record

Since the last cheque **60** days **00** hrs **00** min **00** sec

Median round **$3.3M** Cheque size, as they say **$250K – $1.0M** Rounds led **1 of 282** Sole investor **51 rounds** Mostly in **Japan, 87%**

Pitch IVC

## IVC highlights

- 01 33 cheques in the last 12 months
- 02 Mostly Venture and Seed: 72% of its rounds
- 03 Sole investor in 51 rounds, median $2.3M

## What they do

- **Type:** VC firm (from a list, unverified)
- **Cheque size:** $250K – $1.0M as they say
- **Stages:** Pre-seed Seed Series A Series B
- **Sectors:** Venture Capital & Private Equity
- **Based in:** Taipei, Taiwan
- **Cold pitches:** Not stated

A website was listed for this organisation, but we could not confirm it belongs to the firm that wrote these cheques. Either the site never mentions them, or it turned out to be a different company sharing the name. We show neither it nor anything read from it. [Tell us the right one](https://millionrounds.com/corrections?slug=ivc).

## The record

Every round we can evidence, newest first **282 appearances**

- **2026** 29 rounds
- **Sept** **[Valt Japan](https://millionrounds.com/company/valt-japan)** Venture · JP **$1.9M** With 1 other
- **Sept** **[Albatross Technology](https://millionrounds.com/company/albatross-technology)** Series B · JP **$1.6M** With 2 others
- **Sept** **[Lebo Robotics](https://millionrounds.com/company/lebo-robotics)** Venture · JP **Undisclosed** Sole investor
- **Sept** **[9lione](https://millionrounds.com/company/9lione)** Series A · JP **$781K** With 2 others
- **Aug** **[LiLz](https://millionrounds.com/company/lilz)** Venture · JP **$2.9M** With 2 others
- **Jul** **[LAMP Japan](https://millionrounds.com/company/lamp-japan)** Series A · JP **$2.2M** With 4 others
- **Jul** **[TWO](https://millionrounds.com/company/two)** Venture · JP **$3.1M** Sole investor
- **Jun** **[Kuehnle Agrosystems](https://millionrounds.com/company/kuehnle-agrosystems)** Series B · US · Firms' own news pages **$3.0M** *Led*
- **Jun** **[dodoAI](https://millionrounds.com/company/dodoai)** Seed · JP **$1.7M** With 2 others
- **Jun** **[Smart Craft](https://millionrounds.com/company/smart-craft)** Venture · JP **Undisclosed** With 1 other
- **Jun** **[AIsing](https://millionrounds.com/company/aising)** Venture · JP **Undisclosed** With 1 other
- **May** **[Secai Marche](https://millionrounds.com/company/secai-marche)** Venture · JP **Undisclosed** With 4 others
- **May** **[LightTable](https://millionrounds.com/company/lighttable)** Series A · US **$22M** With 3 others
- **May** **[Kyulux](https://millionrounds.com/company/kyulux)** Venture · JP **Undisclosed** With 3 others
- **May** **[Mizanplus Kitchens](https://millionrounds.com/company/mizanplus-kitchens)** Seed · TR **$439K** Sole investor
- **May** **[OpenHeart](https://millionrounds.com/company/openheart)** Seed · JP **$1.4M** With 2 others
- **May** **[FUNDiT](https://millionrounds.com/company/fundit)** Venture · JP **Undisclosed** With 2 others
- **May** **[Solaris](https://millionrounds.com/company/solaris)** Venture · JP **$3.1M** With 1 other
- **Apr** **[BALLAS](https://millionrounds.com/company/ballas)** Series B · JP **$13M** With 4 others
- **Apr** **[Address](https://millionrounds.com/company/address)** Venture · JP **Undisclosed** With 3 others
- **Mar** **[Newtrace](https://millionrounds.com/company/newtrace)** Seed **$6.2M** With 1 other
- **Feb** **[Secai Marche](https://millionrounds.com/company/secai-marche)** Venture · JP **Undisclosed** With 3 others
- **Feb** **[3DC](https://millionrounds.com/company/3dc)** Series A · JP **$2.4M** With 5 others
- **Feb** **[Smart Craft](https://millionrounds.com/company/smart-craft)** Seed · JP **$1.2M** With 1 other
- **Feb** **[Piazza](https://millionrounds.com/company/piazza)** Venture · JP **Undisclosed** With 3 others
- **Feb** **[Ark Edge Space](https://millionrounds.com/company/ark-edge-space)** Debt · JP **$19M** With 4 others
- **Feb** **[Biosort](https://millionrounds.com/company/biosort)** Growth · NO · Firms' own news pages **$11M** With 4 others
- **Jan** **[LexxPluss](https://millionrounds.com/company/lexxpluss)** Venture · JP **Undisclosed** With 4 others
- **Jan** **[Flexnode](https://millionrounds.com/company/flexnode)** Venture · US **Undisclosed** Sole investor
- **2025** 44 rounds
- **Dec** **[FullDepth](https://millionrounds.com/company/fulldepth)** Series D · JP **$61M** With 4 others
- **Dec** **[Livetoon](https://millionrounds.com/company/livetoon)** Seed · JP **$482K** With 2 others
- **Nov** **[Wizzwoods](https://millionrounds.com/company/wizzwoods)** Series A · Ventureburn **$10M** With 1 other
- **Nov** **[Grooves](https://millionrounds.com/company/grooves)** Venture · JP **$5.0M** With 4 others
- **Oct** **[SyntheticGestalt](https://millionrounds.com/company/syntheticgestalt)** Grant · JP **$1.0M** With 5 others
- **Oct** **[digdig](https://millionrounds.com/company/digdig)** Series A · JP **$2.6M** With 2 others
- **Oct** **[Airato](https://millionrounds.com/company/airato)** Seed · JP **$1.1M** With 3 others
- **Oct** **[SPACECOOL](https://millionrounds.com/company/spacecool)** Debt · JP **$6.6M** With 4 others
- **Sept** **[OpenHeart](https://millionrounds.com/company/openheart)** Venture · JP **Undisclosed** With 1 other
- **Sept** **[SAKANA Dream](https://millionrounds.com/company/sakana-dream)** Series A · JP **$6.7M** With 3 others
- **Sept** **[Ichirou](https://millionrounds.com/company/ichirou)** Series B · JP **$7.7M** With 1 other

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

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

AT **Akio Tanaka** Director i Filing they signed

CJ **Chaval Jiaravanon** Director i Filing they signed

JT **Jor Teck Law** Officer i Form ADV

LK **Lucy Kai Yee Lu** Shareholder i Form ADV

WY **Wei-Yen Yeh** Director i Form ADV

ZF **Zhefei Fu** Director i Form ADV

We also hold **15** 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.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$10M** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** Infinity Ventures Crypto Fund, G.p.
- **SEC number:** CRD 321781

New fund on file

**Raised**

a new fund in May 2025

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Pre-seed Seed Series A

Median round joined **$3.3M** the round, not its cheque Alone, median **$2.3M**

Led 1 of 282 rounds **0%**

- **Said size:** $250K – $1.0M
- **Sole investor:** 51 rounds
- **Last cheque:** Sept 2026

Rounds by stage said on their site

- Venture *124*
- Seed said *68*
- Series A said *29*
- Series B said *26*
- Pre-seed said *13*
- Series C *8*

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) 42
- [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2) 32
- [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) 23
- [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) 22
- [Incubate Fund](https://millionrounds.com/fund/incubate-fund) 17
- [Animoca Brands](https://millionrounds.com/fund/animoca-brands) 14

**Pitching IVC?** 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 IVC. A count of rooms they were both in, not a relationship either has claimed.

[**Mitsubishi UFJ Capital** VC firm **42** rounds together](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd)[**SMBC Venture Capital** Investment bank **32** rounds together](https://millionrounds.com/fund/smbc-venture-capital-2)[**Global Brain Corporation** VC firm **23** rounds together](https://millionrounds.com/fund/global-brain-corporation)[**Mizuho Capital** VC firm **22** rounds together](https://millionrounds.com/fund/mizuho-capital)[**Incubate Fund** VC firm **17** rounds together](https://millionrounds.com/fund/incubate-fund)[**Animoca Brands** Accelerator **14** rounds together](https://millionrounds.com/fund/animoca-brands)[**SBI Investment** VC firm **14** rounds together](https://millionrounds.com/fund/sbi-investment)[**Japan Finance Corporation** Investment firm **12** rounds together](https://millionrounds.com/fund/japan-finance-corporation)[**Yield Guild Games** VC firm **11** rounds together](https://millionrounds.com/fund/yield-guild-games)[**Nissay Capital** VC firm **10** rounds together](https://millionrounds.com/fund/nissay-capital)[**Mizuho Corporate Bank** VC firm **9** rounds together](https://millionrounds.com/fund/mizuho-corporate-bank)[**Beyond Next Ventures** Accelerator **8** rounds together](https://millionrounds.com/fund/beyond-next-ventures-inc)

## Recently backed

The latest companies IVC put money into.

[**9lione** $781K · Sept 2026](https://millionrounds.com/company/9lione)[**LAMP Japan** $2.2M · Jul 2026](https://millionrounds.com/company/lamp-japan)[**dodoAI** $1.7M · Jun 2026](https://millionrounds.com/company/dodoai)[**Smart Craft** Jun 2026](https://millionrounds.com/company/smart-craft)[**LightTable** $22M · May 2026](https://millionrounds.com/company/lighttable)[**Kyulux** May 2026](https://millionrounds.com/company/kyulux)

## Quick answers about IVC

### What does IVC invest in?

IVC invests most often at Venture and Seed (72% of the rounds on record), in sectors such as Venture Capital & Private Equity.

### How active is IVC?

282 investments on record, 33 of them in the last 12 months, and it led 1. The most recent was in Sept 2026.

### What has IVC invested in recently?

Its most recent investments on record: Valt Japan (Venture, Sept 2026), Albatross Technology (Series B, Sept 2026) and Lebo Robotics (Venture, Sept 2026).

### How big are IVC's cheques?

The median round it joins is $3.3M. It says it writes cheques of $250K to $1.0M.

### Does IVC lead rounds?

Sometimes: it led 1 of its 282 investments on record (0%).

### Where does IVC invest?

Most of the companies it backs are in Japan (87%) and the United States (8%).

### Is IVC investing now?

Yes: it is actively investing, with 33 investments in the last 12 months.

### Who does IVC invest alongside?

Most often Mitsubishi UFJ Capital (42 rounds together), SMBC Venture Capital (32 rounds together) and Global Brain Corporation (23 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=ivc) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=ivc)