Japan · Investor

XVC

Last cheque observed Jan 2026; 5 cheques on record.

Deploying nowNew fund, Jul 2021VC firm

Pre-seedSeedDeeptechHardtechXr

Deploying now
100%of best year1cheques in 12 months, 5 on record
Since the last cheque291days00hrs00min00sec
Median round$40MRounds led1 of 5Sole investor1 rounds
Pitch XVC

XVC highlights

  1. 01

    1 cheques in the last 12 months

  2. 02

    Mostly Series A and Series B: 75% of its rounds

  3. 03

    Sole investor in 1 rounds, median $10M

What they do

A VC that supports deep-tech startups from the pre-seed stageTranslated from Japanese, from their own website
Type
VC firm
Cheque size
Not stated
Stages
Pre-seedSeed
Sectors
DeeptechHardtechXr
Based in
Tokyo, Japan
Cold pitches
Accepted

The record

Every round we can evidence, newest first5 appearances

  1. 2026

    1 round

  2. Jan
    VelaFiSeries B · LatamList$20MLed
  3. 2019

    3 rounds

  4. Dec
    Milian TechnologySeries A · CN · 36Kr$10MSole investor
  5. Jun
    SnowplusSeries A · CN · Voice$40MWith 11 others
  6. Jun
    HaoqipeiCN · Voice$60MWith 4 others
  7. 2018

    1 round

  8. Jan
    HaoqipeiSeries C · CN · China Money Network$60MWith 5 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 team

Named by the firm itself, on a filing, its Form ADV or its company registration3 named

BHBoyu HuDirector of General Partner of General PartneriFiling they signed
CEC E Winnie HonDirector of Xvc Management Ltd.iForm ADV
LRLynden Rees JohnDirector of Xvc Management Ltd.iForm ADV

We also hold 1 person 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

$1.2Bgross assets of its fundsOct 2026
Exemptreporting adviserventure or small private funds
Legal name
XVC Management LTD.
SEC number
CRD 297889

What they claim to have backed

From their own portfolio page (on their website)

0 of 6 we have independently watched raise

INDEE JapanMatsuliMeditedN-labSci-boneX メタコマース X メタコマース

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

Who they invest alongside

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

Recently backed

The latest companies XVC put money into.

Quick answers about XVC

What does XVC invest in?

XVC invests most often at Series A and Series B (75% of the rounds on record), in sectors such as Deeptech, Hardtech and Xr.

How active is XVC?

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

What has XVC invested in recently?

Its most recent investments on record: VelaFi (Series B, Jan 2026), Milian Technology (Series A, Dec 2019) and Snowplus (Series A, Jun 2019).

How big are XVC's cheques?

The median round it joins is $40M.

Does XVC lead rounds?

Yes: it led 1 of its 5 investments on record (20%).

Is XVC investing now?

Yes: it is actively investing, with 1 investments in the last 12 months.

Who does XVC invest alongside?

Most often DCM Ventures (3 rounds together), SIG (3 rounds together) and Access Technology Ventures (2 rounds together).

What kind of investor is XVC?

XVC is a VC firm based in Tokyo, Japan.

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it