# E-commerce investors in Japan (2026 list)

> 37 E-commerce investors in Japan, 97% active in the last 12 months. Led by 500 Global, Google for Startups, Crowdcube. Ranked by what they funded.

Source: https://millionrounds.com/lists/ecommerce-investors-in-japan (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# E-commerce investors in Japan

Updated 7 November 2026

Firms observed backing an E-commerce company in Japan in the last two years, wherever the firm is based.

[See all 37 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fecommerce-investors-in-japan)The top 25

**37** investors on the list *-1* this week

**1,240** cheques in 12 months *-19%* against the market

**$4.7M** median round they joined *-41%* against the market median

**97%** wrote a cheque in 12 months

**49%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [500 Global](https://millionrounds.com/fund/500-startups) *Deploying now* Angel · United States **2,140** **$3.6M** median round **Oct 2026** last seen
- 2 [Google for Startups](https://millionrounds.com/fund/google-for-startups) *Deploying now* Accelerator · United States **811** **$1.4M** median round **Sept 2026** last seen
- 3 [Crowdcube](https://millionrounds.com/fund/crowdcube) *Deploying now* VC firm · United Kingdom **715** **$615K** median round **Sept 2026** last seen
- 4 [B Capital](https://millionrounds.com/fund/b-capital) *Deploying now* VC firm · United States **495** **$14M** median round **Oct 2026** last seen
- 5 [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) *Deploying now* VC firm · Japan **493** **$4.7M** median round **Nov 2026** last seen
- 6 [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation) *Deploying now* VC firm · Japan **480** **$7.6M** median round **Sept 2026** last seen
- 7 [GSR](https://millionrounds.com/fund/gsr) *Deploying now* VC firm · United Kingdom **453** **$6M** median round **Jun 2026** last seen
- 8 [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital) *Deploying now* VC firm · Japan **397** **$6.5M** median round **Nov 2026** last seen
- 9 [East Ventures](https://millionrounds.com/fund/east-ventures) *Deploying now* VC firm · Singapore **367** **$2.8M** median round **Oct 2026** last seen
- 10 [SBI Investment](https://millionrounds.com/fund/sbi-investment) *Deploying now* VC firm · Japan **330** **$8.7M** median round **Sept 2026** last seen
- 11 [Headline](https://millionrounds.com/fund/headline) *Deploying now* VC firm · United States **307** **$15M** median round **Oct 2026** last seen
- 12 [IVC](https://millionrounds.com/fund/ivc) *Deploying now* VC firm · Taiwan **282** **$3.3M** median round **Sept 2026** last seen
- 13 [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation) *Deploying now* Investment firm · Japan **247** **$2M** median round **Oct 2026** last seen
- 14 [Incubate Fund](https://millionrounds.com/fund/incubate-fund) *Deploying now* VC firm · Japan **245** **$2.8M** median round **Oct 2026** last seen
- 15 [CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures) *Deploying now* VC firm · Japan **231** **$2.2M** median round **Aug 2026** last seen
- 16 [Nissay Capital](https://millionrounds.com/fund/nissay-capital) *Deploying now* VC firm · Japan **221** **$3.5M** median round **Oct 2026** last seen
- 17 [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank) *Deploying now* VC firm · Japan **217** **$9.5M** median round **Oct 2026** last seen
- 18 [ANRI](https://millionrounds.com/fund/anri) *Deploying now* VC firm · Japan **189** **$4.2M** median round **Nov 2026** last seen
- 19 [BEENEXT](https://millionrounds.com/fund/beenext) *Deploying now* VC firm · Singapore **161** **$6.1M** median round **Oct 2026** last seen
- 20 [MUFG Bank](https://millionrounds.com/fund/mufg-bank) *Deploying now* Investment firm **139** **$43M** median round **Oct 2026** last seen
- 21 [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures) *Deploying now* VC firm · United States **130** **$6.8M** median round **Sept 2026** last seen
- 22 [Genesia Ventures](https://millionrounds.com/fund/genesia-ventures) *Deploying now* VC firm · Japan **125** **$1.6M** median round **Oct 2026** last seen
- 23 [Sumitomo Mitsui Banking Corporation](https://millionrounds.com/fund/sumitomo-mitsui-banking-corporation) *Deploying now* VC firm · Japan **124** **$11M** median round **Oct 2026** last seen
- 24 [Nippon Venture Capital](https://millionrounds.com/fund/nippon-venture-capital) *Deploying now* Corporate VC · Japan **95** **$2.9M** median round **Jul 2026** last seen
- 25 [ITOCHU Technology Ventures](https://millionrounds.com/fund/itochu-technology-ventures) *Deploying now* VC firm · Japan **88** **$5.5M** median round **Oct 2026** last seen

**12 more on this list**

All 37 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fecommerce-investors-in-japan)

## The Newest Cheques

Rounds this list's investors joined most recently

- **5** Nov **[Pay2o](https://millionrounds.com/company/pay2o)** Seed *With* [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital)
- **5** Nov **[Simulacra](https://millionrounds.com/company/simulacra)** Pre-seed *Led by* [ANRI](https://millionrounds.com/fund/anri)
- **2** Nov **[BionicM](https://millionrounds.com/company/bionicm)** Series B *With* [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd)
- **30** Oct **[Neoen](https://millionrounds.com/company/neoen)** Debt · $1.3B *With* [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital)
- **30** Oct **[Serval](https://millionrounds.com/company/serval)** Series C · $150M *With* [Headline](https://millionrounds.com/fund/headline)
- **29** Oct **[Green Growth](https://millionrounds.com/company/green-growth)** Seed *Led by* [ANRI](https://millionrounds.com/fund/anri)

## Stages This Year

822 rounds

- Venture **26%**
- Seed **18%**
- Series A **16%**
- Debt **12%**
- Series B **9%**
- Other **19%**

## What They Backed

Sectors, last 12 months

- AI **212**
- Fintech **50**
- Energy **47**
- Healthcare **41**
- Biotech **38**
- Financial Services **38**

## Cheques by Quarter

Led Joined

360 Q1 25

426 Q2 25

416 Q3 25

414 Q4 25

387 Q1 26

404 Q2 26

287 Q3 26

38 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [AI investors in United States 3,683](https://millionrounds.com/lists/ai-investors-in-united-states)
- [Fintech investors in United States 1,166](https://millionrounds.com/lists/fintech-investors-in-united-states)
- [AI investors in United Kingdom 1,039](https://millionrounds.com/lists/ai-investors-in-united-kingdom)
- [Big Data & Analytics investors in United States 1,039](https://millionrounds.com/lists/big-data-investors-in-united-states)
- [Biotech investors in United States 914](https://millionrounds.com/lists/biotech-investors-in-united-states)
- [Energy investors in United States 798](https://millionrounds.com/lists/energy-investors-in-united-states)
- [Robotics investors in United States 797](https://millionrounds.com/lists/robotics-investors-in-united-states)
- [Construction investors in United States 742](https://millionrounds.com/lists/construction-investors-in-united-states)
- [Cybersecurity investors in United States 702](https://millionrounds.com/lists/cybersecurity-investors-in-united-states)

[All investor lists *→*](https://millionrounds.com/lists)

## Reading for founders in e-commerce and consumer brands

- Product Research 101: Find Winning Products to Sell on Amazon and Beyond Renae Clark · 2015 4.20 from 304 ratings on Goodreads E-commerce and consumer brands About the book Just getting started with product research and sourcing? Stuck trying to find ideas or find that “perfect” winning product? Want to find good selling products that others are ignoring? Interested in wholesale or private label products? If you answered yes, then this book is for… On AmazonListen on Audible
- You Must Write a Book: Boost Your Brand, Get More Business, and Become the Go-To Expert Honoree Corder · 2016 4.21 from 280 ratings on Goodreads E-commerce and consumer brands About the book Honorée Corder is the author of dozens of books, she does all sorts of other magical things, and her badassery is legendary. She is Hal Elrod's business partner and co-creator of The Miracle Morning book series, and she coaches high profile professionals, guiding them into some… On AmazonListen on Audible
- The Everything Store: Jeff Bezos and the Age of Amazon Brad Stone · 2013 4.13 from 78,706 ratings on Goodreads E-commerce and consumer brands About the book The definitive story of Amazon.com, one of the most successful companies in the world, and of its driven, brilliant founder, Jeff Bezos. Amazon.com started off delivering books through the mail. But its visionary founder, Jeff Bezos, wasn't content with being a bookseller. He… On AmazonListen on Audible
- The Everything War: Amazon’s Ruthless Quest to Own the World and Remake Corporate Power Dana Mattioli · 2024 4.12 from 1,461 ratings on Goodreads E-commerce and consumer brands About the book From veteran Amazon reporter for The Wall Street Journal, and finalist for the Pulitzer Prize in investigative reporting, Dana Mattioli's The Everything War is the shocking, explosive, and untold exposé of Amazon's endless strategic greed, from destroying Main Street to remaking… On AmazonListen on Audible

More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=ecommerce).

As an Amazon Associate we earn from qualifying purchases.

## Quick answers about E-commerce investors in Japan

### Who are the most active E-commerce investors in Japan?

By cheques observed, the most active are 500 Global, Google for Startups, Crowdcube, B Capital and Mitsubishi UFJ Capital.

### How many E-commerce investors in Japan are there?

37 are on record. 97% made an investment in the last 12 months and 49% have led a round.

### Which stages do E-commerce investors in Japan back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (23%).

### How big are the rounds E-commerce investors in Japan join?

The typical (median) round among the leading investors here is $4.7M.

### Which sectors do E-commerce investors in Japan back most?

In the last 12 months, mostly AI, Fintech and Energy.

### Which E-commerce investors in Japan lead the most rounds?

Headline (24 led), B Capital (14 led) and 500 Global (5 led).

### Where are E-commerce investors in Japan based?

Among the most active, most are based in Japan (14), the United States (5) and the United Kingdom (2).

### What have E-commerce investors in Japan invested in recently?

Recent rounds include Pay2o (Seed, Nov 2026, with Mizuho Capital), Simulacra (Pre-seed, Nov 2026, with ANRI) and BionicM (Series B, Nov 2026, with Mitsubishi UFJ Capital).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)