# NEC: portfolio, investments and team > NEC is a corporate vc based in Japan. 11 investments on record, 1 in the last 12 months, latest Feb 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/nec (Millionrounds; every figure on the page links to its filing or article) Japan · [Investor](https://millionrounds.com/investors) # NEC Last cheque observed Feb 2026; 11 cheques on record. Email Deploying now Corporate VC Series B Venture Series A FinTech Finance Big Data Follow NEC and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnec) Deploying now **100%** of best year **1** **cheques in 12 months**, 11 on record Since the last cheque **245** days **00** hrs **00** min **00** sec Median round **$20M** Rounds led **0 of 11** Sole investor **1 rounds** Exits **4 from the portfolio** Mostly in **United States, 64%** Pitch NEC ## NEC highlights - 01 1 cheques in the last 12 months - 02 Mostly Series B and Venture: 78% of its rounds - 03 Sole investor in 1 rounds, median $50M - 04 4 exits from the portfolio ## What they do - **Type:** Corporate VC (from a list, unverified) - **Cheque size:** Not stated - **Sectors:** FinTech Finance Big Data - **Based in:** Tokyo, Japan - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **11 appearances** - **2026** 1 round - **Feb** **[Rapidus](https://millionrounds.com/company/rapidus)** JP · Ventureburn **$1.7B** With 11 others - **2019** 1 round - **Apr** **[BostonGene](https://millionrounds.com/company/bostongene)** Series A · US · FinSMEs **$50M** Sole investor - **2018** 2 rounds - **Aug** **[Tascent](https://millionrounds.com/company/tascent)** Series B · US · FinSMEs **$20M** With 1 other - **Aug** **[Metro Engines](https://millionrounds.com/company/metro-engines)** JP · Thebridge **$6.3M** With 7 others - **2016** 1 round - **Jun** **[Midokura](https://millionrounds.com/company/midokura)** Series B · JP · TechCrunch **$20M** With 9 others - **2009** 2 rounds - **Sept** **[BLADE Network Technologies](https://millionrounds.com/company/blade-network-technologies)** Series B · US · pehub.com **$10M** With 2 others - **Apr** **[Beceem Communications](https://millionrounds.com/company/beceem-communications)** Venture · US · beceem.com **$20M** With 8 others - **2008** 2 rounds - **Apr** **[Link_A_ Media](https://millionrounds.com/company/link-a-media)** Series B · US · link-a-media.com **$22M** With 4 others - **Apr** **[SK hynix](https://millionrounds.com/company/sk-hynix)** Series B · KR · link-a-media.com **$22M** With 4 others - **2007** 1 round - **Feb** **[Beceem Communications](https://millionrounds.com/company/beceem-communications)** Series D · US · beceem.com **$40M** With 10 others - **2006** 1 round - **Dec** **[MontaVista Software](https://millionrounds.com/company/montavista-software)** Venture · US · venturebeat.com **$21M** 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. ## Exits from the portfolio Companies it backed that were later bought or listed **4 in all** **[Link_A_ Media](https://millionrounds.com/company/link-a-media)** Bought by [SK hynix](https://millionrounds.com/fund/sk-hynix) **Undisclosed** Jun 2012 **[Beceem Communications](https://millionrounds.com/company/beceem-communications)** Bought by [Broadcom](https://millionrounds.com/fund/broadcom-limited) **$316M** Oct 2010 **[BLADE Network Technologies](https://millionrounds.com/company/blade-network-technologies)** Bought by [IBM (International Business Machines)](https://millionrounds.com/fund/ibm-international-business-machines) **Undisclosed** Sept 2010 **[MontaVista Software](https://millionrounds.com/company/montavista-software)** Bought by Cavium **$50M** Nov 2009 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Series B Venture Series A Median round joined **$20M** the round, not its cheque Alone, median **$50M** Led 0 of 11 rounds **0%** - **Sole investor:** 1 rounds - **Last cheque:** Feb 2026 - **Exits:** 4 from the portfolio Rounds by stage said on their site - Series B *5* - Venture *2* - Series A *1* - Series D *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [Global Catalyst Partners](https://millionrounds.com/fund/global-catalyst-partners) 2 - [Intel Capital](https://millionrounds.com/fund/intel-capital) 2 - [KTB Ventures](https://millionrounds.com/fund/ktb-ventures) 2 - [KeyNote Ventures](https://millionrounds.com/fund/keynote-ventures) 2 - [Khosla Ventures](https://millionrounds.com/fund/khosla-ventures) 2 - [Micron Technology](https://millionrounds.com/fund/micron-technology) 2 **Pitching NEC?** 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 NEC. A count of rooms they were both in, not a relationship either has claimed. [**Global Catalyst Partners** VC firm **2** rounds together](https://millionrounds.com/fund/global-catalyst-partners)[**Intel Capital** Corporate VC **2** rounds together](https://millionrounds.com/fund/intel-capital)[**KTB Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/ktb-ventures)[**KeyNote Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/keynote-ventures)[**Khosla Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/khosla-ventures)[**Micron Technology** VC firm **2** rounds together](https://millionrounds.com/fund/micron-technology)[**Seagate Technology PLC** Corporate VC **2** rounds together](https://millionrounds.com/fund/seagate-technology-plc)[**SunAmerica Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/sunamerica-ventures)[**Walden International** VC firm **2** rounds together](https://millionrounds.com/fund/walden-international) ## Recently backed The latest companies NEC put money into. [**Rapidus** $1.7B · Feb 2026](https://millionrounds.com/company/rapidus)[**BostonGene** $50M · Apr 2019](https://millionrounds.com/company/bostongene)[**Metro Engines** $6.3M · Aug 2018](https://millionrounds.com/company/metro-engines)[**Midokura** $20M · Jun 2016](https://millionrounds.com/company/midokura) ## Quick answers about NEC ### What does NEC invest in? NEC invests most often at Series B and Venture (78% of the rounds on record), in sectors such as FinTech, Finance and Big Data. ### How active is NEC? 11 investments on record, 1 of them in the last 12 months. The most recent was in Feb 2026. ### What has NEC invested in recently? Its most recent investments on record: Rapidus (Feb 2026), BostonGene (Series A, Apr 2019) and Tascent (Series B, Aug 2018). ### How big are NEC's cheques? The median round it joins is $20M. ### Does NEC lead rounds? Rarely, if at all: none of its 11 investments on record names it as the lead. ### Where does NEC invest? Most of the companies it backs are in the United States (64%), Japan (27%) and South Korea (9%). ### Is NEC investing now? Yes: it is actively investing, with 1 investments in the last 12 months. ### Who does NEC invest alongside? Most often Global Catalyst Partners (2 rounds together), Intel Capital (2 rounds together) and KTB Ventures (2 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=nec) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=nec)