Investor Lists

SaaS investors in Japan

Updated 7 November 2026

Firms observed backing a saaS company in Japan in the last two years, wherever the firm is based.

39investors on the list+3 this week
606cheques in 12 months+6% against the market
$14Mmedian round they joined+75% against the market median
92%wrote a cheque in 12 months
28%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (24)

  1. 1Mitsubishi UFJ CapitalDeploying nowVC firm · Japan493$4.7Mmedian roundNov 2026last seen
  2. 2Mizuho CapitalDeploying nowVC firm · Japan397$6.5Mmedian roundNov 2026last seen
  3. 3Japan Finance CorporationDeploying nowInvestment firm · Japan247$2Mmedian roundOct 2026last seen
  4. 4Incubate FundDeploying nowVC firm · Japan245$2.8Mmedian roundOct 2026last seen
  5. 5Mizuho Corporate BankDeploying nowVC firm · Japan217$9.5Mmedian roundOct 2026last seen
  6. 6TCVDeploying nowPrivate equity · United States200$100Mmedian roundOct 2026last seen
  7. 7Z Venture CapitalDeploying nowCorporate VC · Japan200$10Mmedian roundOct 2026last seen
  8. 8MUFG BankDeploying nowInvestment firm139$43Mmedian roundOct 2026last seen
  9. 9Sumitomo Mitsui Banking CorporationDeploying nowVC firm · Japan124$11Mmedian roundOct 2026last seen
  10. 10NTT DOCOMO VenturesDeploying nowAccelerator · Japan115$12Mmedian roundOct 2026last seen
  11. 11Mobile Internet CapitalDeploying nowVC firm · Japan82$3.8Mmedian roundOct 2026last seen
  12. 12JIC Venture Growth InvestmentsDeploying nowVC firm74$15Mmedian roundSept 2026last seen
  13. 13X Tech VenturesDeploying nowVC firm · United States58$2.1Mmedian roundNov 2026last seen
  14. 14Shoko Chukin BankDeploying nowVC firm · United States56$5.7Mmedian roundOct 2026last seen
  15. 15JAFCO GroupquietVC firm · Japan6$100Mmedian roundSept 2025last seen
  16. 16Coreline VenturesDeploying nowVC firm · United States4$76Mmedian roundSept 2026last seen
  17. 17JR East Start UpDeploying nowVC firm · Japan4$6.8Mmedian roundOct 2026last seen
  18. 18Shizuoka BankDeploying nowGrowth equity · United States3$13Mmedian roundOct 2026last seen
  19. 19All Star SAAS FundDeploying nowVC firm · Japan2$7.5Mmedian roundOct 2026last seen
  20. 20Keyrock Capital Management LimitedDeploying nowPrivate equity · Hong Kong SAR China2$100Mmedian roundNov 2026last seen
  21. 21MPower PartnersDeploying nowVC firm · Japan2$82Mmedian roundNov 2026last seen
  22. 22Artemis VenturesDeploying nowVC firm · United States2$21Mmedian roundNov 2026last seen
  23. 23NTTDeploying nowGrowth equity2$857Mmedian roundOct 2026last seen
  24. 24Sumitomo Mitsui Trust BankDeploying nowVC firm · Japan2$633Mmedian roundOct 2026last seen
  25. 25DNX CapitalDeploying nowVC firm · Japan1$3.1Mmedian roundOct 2026last seen
14 more on this list

All 39 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

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Quick answers about saaS investors in Japan

Who are the most active saaS investors in Japan?

By cheques observed, the most active are Mitsubishi UFJ Capital, Mizuho Capital, Japan Finance Corporation, Incubate Fund and Mizuho Corporate Bank.

How many saaS investors in Japan are there?

39 are on record. 92% made an investment in the last 12 months and 28% have led a round.

Which stages do saaS investors in Japan back?

Of the rounds with a named stage in the last 12 months, mostly Debt (25%) and Seed (21%).

How big are the rounds saaS investors in Japan join?

The typical (median) round among the leading investors here is $11M.

Which sectors do saaS investors in Japan back most?

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

Which saaS investors in Japan lead the most rounds?

TCV (17 led), Coreline Ventures (2 led) and Mizuho Capital (1 led).

Where are saaS investors in Japan based?

Among the most active, most are based in Japan (15), the United States (6) and Hong Kong SAR China (1).

What have saaS investors in Japan invested in recently?

Recent rounds include Nealle (Series C, Nov 2026, with Keyrock Capital Management Limited), Pay2o (Seed, Nov 2026, with X Tech Ventures) and Fact Base (Series D+, Nov 2026, with MPower Partners).

Built from the rounds we watched, refreshed every night. How we count · Report a correction