# Incubate Fund Portfolio Map 2026: 71 Startups by Sector > Incubate Fund's portfolio mapped: 71 startups it has backed, in 12 sectors from AI, E-commerce and Aerospace & Space on. Source: https://millionrounds.com/portfolio-maps/incubate-fund-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## AI 17 - [*N* Nominal](https://millionrounds.com/company/nominal) - [AI Medical Service](https://millionrounds.com/company/ai-medical-service) - [Auxia](https://millionrounds.com/company/auxia) - [*C* Cinnamon](https://millionrounds.com/company/cinnamon) - [Kaminashi](https://millionrounds.com/company/kaminashi) - [Tential](https://millionrounds.com/company/tential) - [Vieu](https://millionrounds.com/company/vieu) - [Cartken](https://millionrounds.com/company/cartken) - [Payme](https://millionrounds.com/company/pay-me) - [Cinnamon AI](https://millionrounds.com/company/cinnamon-ai) - [Opnova](https://millionrounds.com/company/opnova) - [MagicPod Japan](https://millionrounds.com/company/magicpod-japan) - [LENZO](https://millionrounds.com/company/lenzo) - [Gatebox](https://millionrounds.com/company/gatebox) - [Tripeur](https://millionrounds.com/company/tripeur) - [*AI* AVA Intelligence](https://millionrounds.com/company/ava-intelligence) - [YAMASTRO](https://millionrounds.com/company/yamastro) ## E-commerce 7 - [*R* Retro](https://millionrounds.com/company/retro) - [*R* ReFiBuy](https://millionrounds.com/company/refibuy) - [Let](https://millionrounds.com/company/let) - [KOMPEITO](https://millionrounds.com/company/kompeito) - [BuyEazzy](https://millionrounds.com/company/buyeazzy) - [INCLUD](https://millionrounds.com/company/includ) - [SAKELOGY](https://millionrounds.com/company/sakelogy) ## Aerospace & Space 7 - [Ispace Technologies](https://millionrounds.com/company/ispace-technologies) - [Innovative Space Carrier](https://millionrounds.com/company/innovative-space-carrier) - [Pale Blue](https://millionrounds.com/company/pale-blue) - [Mjolnir Spaceworks](https://millionrounds.com/company/mjolnir-spaceworks) - [Rocket Link Technology](https://millionrounds.com/company/rocket-link-technology) - [Musashi Skyplus](https://millionrounds.com/company/musashi-skyplus) - [SUiCTE](https://millionrounds.com/company/suicte) ## Internet 6 - [Drivemode](https://millionrounds.com/company/drivemode) - [*CB* Caster Biz](https://millionrounds.com/company/caster-biz) - [*L* LiveIn](https://millionrounds.com/company/livein) - [Istpika](https://millionrounds.com/company/istpika) - [Mansion Market](https://millionrounds.com/company/mansion-market) - [Misoca](https://millionrounds.com/company/misoca) ## Cloud 6 - [Sansan](https://millionrounds.com/company/sansan) - [LightUp](https://millionrounds.com/company/lightup) - [Leaner Technologies](https://millionrounds.com/company/leaner-technologies) - [KiteRa](https://millionrounds.com/company/kitera) - [Co-LABO MAKER](https://millionrounds.com/company/co-labo-maker) - [IoTBASE](https://millionrounds.com/company/iotbase) ## Healthtech 6 - [Linc'well](https://millionrounds.com/company/linc-well) - [Wellness](https://millionrounds.com/company/wellness) - [Yuvrit Ayurveda](https://millionrounds.com/company/yuvrit-ayurveda) - [Time Prediction](https://millionrounds.com/company/time-prediction) - [Medictalks](https://millionrounds.com/company/medictalks) - [Comsentimento](https://millionrounds.com/company/comsentimento) ## IT Services 5 - [ticketstreet](https://millionrounds.com/company/ticketstreet) - [10sec](https://millionrounds.com/company/10sec) - [Entaar](https://millionrounds.com/company/entaar) - [SyntheticGestalt](https://millionrounds.com/company/syntheticgestalt) - [Blankr](https://millionrounds.com/company/blankr) ## Fintech 5 - [Origami Japan](https://millionrounds.com/company/origami-japan) - [Plum](https://millionrounds.com/company/plum) - [Woodstock](https://millionrounds.com/company/woodstock) - [INDX](https://millionrounds.com/company/indx) - [STORYS.JP](https://millionrounds.com/company/storys-jp) ## Agtech 3 - [Legmin](https://millionrounds.com/company/legmin) - [Gourmet Garden](https://millionrounds.com/company/gourmet-garden) - [Meu Pescado](https://millionrounds.com/company/meu-pescado) ## Edtech 3 - [Schoo](https://millionrounds.com/company/schoo) - [TerraTalk](https://millionrounds.com/company/terratalk) - [WizKlub](https://millionrounds.com/company/wizklub) ## Energy 3 - [Sharing Energy](https://millionrounds.com/company/sharing-energy) - [pHydrogen](https://millionrounds.com/company/phydrogen) - [Carbon CryoCapture](https://millionrounds.com/company/carbon-cryocapture) ## Consumer Goods 3 - [Omens](https://millionrounds.com/company/omens) - [Flent](https://millionrounds.com/company/flent) - [NUJP](https://millionrounds.com/company/nujp) ## Segment by segment ### AI 17 startups · $630M raised - [*N* **Nominal**](https://millionrounds.com/company/nominal) United States $411M - [**AI Medical Service**](https://millionrounds.com/company/ai-medical-service) AI Medical Service is a Tokyo-based company developing AI software to help detect gastric cancer. Japan $106M - [**Auxia**](https://millionrounds.com/company/auxia) Auxia is an AI-native agentic marketing platform founded in 2022, based in Palo Alto, California, with a development center in Ben United States $24M - [*C* **Cinnamon**](https://millionrounds.com/company/cinnamon) Singapore $15M - [**Kaminashi**](https://millionrounds.com/company/kaminashi) Kaminashi is a technology-based firm that designs and develops workplace digitization software to track on-site work records. Japan $14M - [**Tential**](https://millionrounds.com/company/tential) TENTIAL analyzes detailed purchasing behavior and attributes online and aim to deliver products based on information. Japan $13M - [**Vieu**](https://millionrounds.com/company/vieu) Vieu offers a comprehensive AI-generated execution strategy, from prospecting to proposal to procurement. United States $11M - [**Cartken**](https://millionrounds.com/company/cartken) Cartken is an AI-powered autonomous robotics company founded in 2019 by former Google engineers. United States $10M ### E-commerce 7 startups · $60M raised - [*R* **Retro**](https://millionrounds.com/company/retro) A large collection of high-resolution posters and vintage photo for print and collection purposes United States $22M - [*R* **ReFiBuy**](https://millionrounds.com/company/refibuy) United States $15M - [**Let**](https://millionrounds.com/company/let) Let is a mobile app that allows users to buy and sell goods with translation. United States $7.9M - [**KOMPEITO**](https://millionrounds.com/company/kompeito) Office de Yasai provides vegetable delivery services in Japan. Japan $7.6M - [**BuyEazzy**](https://millionrounds.com/company/buyeazzy) Glamzy is your go-to destination for beauty, skincare, wellness, and cosmetics shopping. India $4.3M - [**INCLUD**](https://millionrounds.com/company/includ) INCLUD is a kids’ lifestyle and fashion brand that designs and sells clothing, accessories, toys, and everyday essentials for children. India $2.9M - [**SAKELOGY**](https://millionrounds.com/company/sakelogy) SAKELOGY is a platform enables restaurants and retailers to easily create cloud-based sake menus. Japan $390K ### Aerospace & Space 7 startups · $494M raised - [**Ispace Technologies**](https://millionrounds.com/company/ispace-technologies) Ispace Technologies is a space resource exploration company that locates, extracts, and delivers lunar ice to customers in cis-lunar space. Japan $447M - [**Innovative Space Carrier**](https://millionrounds.com/company/innovative-space-carrier) Innovative Space Carrier Inc. Japan $20M - [**Pale Blue**](https://millionrounds.com/company/pale-blue) Pale Blue is an eCommerce firm that provides USB rechargeable lithium batteries. Japan $10M - [**Mjolnir Spaceworks**](https://millionrounds.com/company/mjolnir-spaceworks) MJOLNIR SPACEWORKS Co., Ltd. Japan $10M - [**Rocket Link Technology**](https://millionrounds.com/company/rocket-link-technology) Rocket Link Technology is a prodct development company that specializes in designing LTP rockets for space travel. Japan $4.1M - [**Musashi Skyplus**](https://millionrounds.com/company/musashi-skyplus) Musashi Sky Plus is a JAXA startup that promotes the social implementation of the intellectual property. Japan $1.4M - [**SUiCTE**](https://millionrounds.com/company/suicte) SUiCTE developes of semiconductor image sensors and cameras for space satellites, contract Japan $912K ### Internet 6 startups · $20M raised - [**Drivemode**](https://millionrounds.com/company/drivemode) Drivemode enables smarter, safer, connected driving in any vehicle. United States $9.2M - [*CB* **Caster Biz**](https://millionrounds.com/company/caster-biz) Japan $3.3M - [*L* **LiveIn**](https://millionrounds.com/company/livein) LIVEIN uses proprietary augmented reality technology to overlay markers onto the real world to help people find their homes. - $2.6M - [**Istpika**](https://millionrounds.com/company/istpika) Istpika develops, and distributes social applications and games for mobiles. Japan $2.4M - [**Mansion Market**](https://millionrounds.com/company/mansion-market) MANSION MARKET is a news and media based company. - $1.8M - [**Misoca**](https://millionrounds.com/company/misoca) Misoca is a Japan based cloud invoice management company. Japan $1.1M ### Cloud 6 startups · $131M raised - [**Sansan**](https://millionrounds.com/company/sansan) Sansan is a cloud-based solution to digitally transform your sales. Japan $102M - [**LightUp**](https://millionrounds.com/company/lightup) Building an augmented reality platform for the future of learning United States $10M - [**Leaner Technologies**](https://millionrounds.com/company/leaner-technologies) Leaner Technologies provides cloud-based software for cost reduction analysis. Japan $9.8M - [**KiteRa**](https://millionrounds.com/company/kitera) KiteRa is a cloud service that allows you to create and operate work rules and company rules. Japan $6.5M - [**Co-LABO MAKER**](https://millionrounds.com/company/co-labo-maker) Co-LABO MAKER(コラボメーカー)は日本全国の研究施設・ラボ(レンタルラボ)・実験室を簡単に探して利用することのできるシェアリングサービスです Japan $1.3M - [**IoTBASE**](https://millionrounds.com/company/iotbase) oTBASE drives digital transformation with cloud services and advanced game development, supporting businesses and enhancing gameplay. Japan $722K ### Healthtech 6 startups · $73M raised - [**Linc'well**](https://millionrounds.com/company/linc-well) Linc'well Inc. Japan $70M - [**Wellness**](https://millionrounds.com/company/wellness) Animo Wellness develops a mobile application that offers fitness solutions for individuals. Japan $1.8M - [**Yuvrit Ayurveda**](https://millionrounds.com/company/yuvrit-ayurveda) India's trusted, standardised Ayurveda led healthcare brand solving for lifestyle driven chronic health issues. India $800K - [**Time Prediction**](https://millionrounds.com/company/time-prediction) Time Prediction focuses on development of diagnostic pharmaceuticals, drugs and medical devices for the treatment of neurological diseases. Japan $396K - [**Medictalks**](https://millionrounds.com/company/medictalks) MedicTalks is a healthcare technology company based in São Paulo, Brazil, founded in 2020. Brazil $390K - [**Comsentimento**](https://millionrounds.com/company/comsentimento) Comsentimento is a Brazilian company that specializes in supporting clinical research, particularly in the fields of oncology and hematology. Brazil $286K ### IT Services 5 startups · $7.8M raised - [**ticketstreet**](https://millionrounds.com/company/ticketstreet) Ticketstreet is Tokyo-based startup, operating online ticket marketplace http://ticket.st/ that deals secondary ticket of concert, Japan $3.2M - [**10sec**](https://millionrounds.com/company/10sec) 10sec is a marketplace app where users can buy and sell (almost) anything in seconds! United States $1.6M - [**Entaar**](https://millionrounds.com/company/entaar) Entaar(エンター)は、エンタープライズIT市場の構造変革を推進する、「AIネイティブなIT総合商社」として、AIを基軸にITコンサルティング・リセラー・ディストリビューター事業など複合サービスを展開するスタートアップです。独自のAI基盤をもとにワンプロン Japan $1.0M - [**SyntheticGestalt**](https://millionrounds.com/company/syntheticgestalt) SyntheticGestalt is an AI startup based in Tokyo and London, founded in 2018. Japan $1.0M - [**Blankr**](https://millionrounds.com/company/blankr) Blankr is a software company that develops websites and applications for interactions in online events. Japan $1.0M ### Fintech 5 startups · $115M raised - [**Origami Japan**](https://millionrounds.com/company/origami-japan) Origami Japan is a leading Japanese mobile payment platform. - $59M - [**Plum**](https://millionrounds.com/company/plum) The Plum Lightpad is the most advanced WiFi light dimmer available. India $50M - [**Woodstock**](https://millionrounds.com/company/woodstock) Woodstock is an investment app that allows to invest in US stocks. Japan $4.8M - [**INDX**](https://millionrounds.com/company/indx) INDX is a blockchain and cryptocurrency investment platform based in London, United Kingdom. Japan $676K - [**STORYS.JP**](https://millionrounds.com/company/storys-jp) STORYS 人生物語は、10代〜80代のリアルな体験談を集めたキュレーションサイトです。感動ストーリーを読んで、あなたの日常に共感とインスピレーションを。全ての物語がノンフィクション。 Japan $321K ### Agtech 3 startups · $5.0M raised - [**Legmin**](https://millionrounds.com/company/legmin) Legmin is an development of vegetable production / sales farming robot / management system for leafy vegetables. Japan $4.1M - [**Gourmet Garden**](https://millionrounds.com/company/gourmet-garden) Gourmet Garden is a global market leader in chilled convenient packaged herbs. United States $539K - [**Meu Pescado**](https://millionrounds.com/company/meu-pescado) Meu Pescado is a Brazilian Agtech company founded in 2021 in Florianópolis, Santa Catarina. Brazil $364K ### Edtech 3 startups · $9.3M raised - [**Schoo**](https://millionrounds.com/company/schoo) Schoo is a Tokyo-based massive open online course startup providing live-streamed lectures on the internet. Japan $7.2M - [**TerraTalk**](https://millionrounds.com/company/terratalk) TerraTalk App helps English learners with correct pronunciation and grammar. - $1.3M - [**WizKlub**](https://millionrounds.com/company/wizklub) Wizklub designed a unique method of developing and nurturing Higher Order Thinking Skills in children. India $823K ### Energy 3 startups · $28M raised - [**Sharing Energy**](https://millionrounds.com/company/sharing-energy) Providing Share Denki, PV systems without any initial cost and reasonable service fee. Japan $26M - [**pHydrogen**](https://millionrounds.com/company/phydrogen) pHydrogen is an energy engineering firm that offers electrolyzers with earth-abundant resources using electrolyte engineering. Japan $2.1M - [**Carbon CryoCapture**](https://millionrounds.com/company/carbon-cryocapture) Carbon CryoCapture is a carbon capture company that specializes in the development of CO2 separation and recovery technology. Japan $404K ### Consumer Goods 3 startups · $4.4M raised - [**Omens**](https://millionrounds.com/company/omens) Omens is Brazil's first digital health platform focused on male sexual health. Brazil $1.9M - [**Flent**](https://millionrounds.com/company/flent) Flent, officially known as Slaash Technologies Private Limited, is a Bengaluru-based proptech startup that launched in October 2023. India $1.9M - [**NUJP**](https://millionrounds.com/company/nujp) 日本発ブランドを世界へ導くプロデュースチームです。世界の事業現場で培った経験を土台に、日本の文化・ブランド・プロダクトを「世界で通用する文脈」に再編集します。 Japan $616K **How this map is made.** Every startup here has raised money in a round we track that names Incubate Fund as an investor, the first in 2007. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [VC firm · Japan **Global Brain Corporation** 147 startups · 12 sectors · $5.9B](https://millionrounds.com/portfolio-maps/global-brain-corporation-portfolio-map)[VC firm · Japan **Mitsubishi UFJ Capital** 140 startups · 12 sectors · $5.2B](https://millionrounds.com/portfolio-maps/mitsubishi-ufj-capital-co-ltd-portfolio-map)[VC firm · Japan **Mizuho Capital** 125 startups · 12 sectors · $20B](https://millionrounds.com/portfolio-maps/mizuho-capital-portfolio-map)[VC firm · Japan **SBI Investment** 108 startups · 12 sectors · $11B](https://millionrounds.com/portfolio-maps/sbi-investment-portfolio-map)[VC firm · Japan **Mizuho Corporate Bank** 85 startups · 12 sectors · $21B](https://millionrounds.com/portfolio-maps/mizuho-corporate-bank-portfolio-map)[VC firm · Japan **Nissay Capital** 65 startups · 12 sectors · $627M](https://millionrounds.com/portfolio-maps/nissay-capital-portfolio-map) ## Raising from investors like Incubate Fund? 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