# Who Invests With IVC: 58 Co-Investors (2026)

> The 58 investors that have backed two or more of the same startups as IVC, by kind: vc firms, accelerators and corporate investors.

Source: https://millionrounds.com/portfolio-maps/ivc-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

44

- [Mitsubishi UFJ Capital](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd)
- [Mizuho Capital](https://millionrounds.com/fund/mizuho-capital)
- [Global Brain Corporation](https://millionrounds.com/fund/global-brain-corporation)
- [SBI Investment](https://millionrounds.com/fund/sbi-investment)
- [Incubate Fund](https://millionrounds.com/fund/incubate-fund)
- [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation)
- [NGC Ventures](https://millionrounds.com/fund/ngc-ventures)
- [ANRI](https://millionrounds.com/fund/anri)
- [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank)
- [Shima Capital](https://millionrounds.com/fund/shima-capital)
- [Arca](https://millionrounds.com/fund/arca)
- [*CC* CyberAgent Capital](https://millionrounds.com/fund/cyberagent-ventures)
- [*JV* JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments)
- [*MB* MUFG Bank](https://millionrounds.com/fund/mufg-bank)
- [*YG* Yield Guild Games](https://millionrounds.com/fund/yield-guild-games)
- [Nissay Capital](https://millionrounds.com/fund/nissay-capital)
- [Infinity Ventures](https://millionrounds.com/fund/infinity-ventures)
- [*M* Miraidoa](https://millionrounds.com/fund/miraidoa)
- [*SC* Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital)
- [*SV* Solana Ventures](https://millionrounds.com/fund/solana-ventures)
- [Shoko Chukin Bank](https://millionrounds.com/fund/shoko-chukin-bank)
- [STRIVE](https://millionrounds.com/fund/strive)
- [Genesia Ventures](https://millionrounds.com/fund/genesia-ventures)
- [HashKey Capital](https://millionrounds.com/fund/hashkey-capital-2)

+20 more

## Accelerators

5

- [Animoca Brands](https://millionrounds.com/fund/animoca-brands)
- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [Beyond Next Ventures](https://millionrounds.com/fund/beyond-next-ventures-inc)
- [DG VENTURES](https://millionrounds.com/fund/dg-ventures)
- [Skyland Ventures](https://millionrounds.com/fund/skyland-ventures)

## Corporate investors

5

- [Nippon Venture Capital](https://millionrounds.com/fund/nippon-venture-capital)
- [GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners)
- [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co)
- [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital)
- [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund)

## Private equity and asset managers

4

- [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2)
- [*AC* Aozora Corporate Investment](https://millionrounds.com/fund/aozora-corporate-investment)
- [Polygon](https://millionrounds.com/fund/polygon)
- [Gaingels](https://millionrounds.com/fund/gaingels)

## Segment by segment

### VC firms

44 investors

- [**Mitsubishi UFJ Capital**](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm Japan 19 backed
- [**Mizuho Capital**](https://millionrounds.com/fund/mizuho-capital) VC firm Japan 15 backed
- [**Global Brain Corporation**](https://millionrounds.com/fund/global-brain-corporation) VC firm Japan 11 backed
- [**SBI Investment**](https://millionrounds.com/fund/sbi-investment) VC firm Japan 9 backed
- [**Incubate Fund**](https://millionrounds.com/fund/incubate-fund) VC firm Japan 7 backed
- [**Japan Finance Corporation**](https://millionrounds.com/fund/japan-finance-corporation) Investment firm Japan 6 backed
- [**NGC Ventures**](https://millionrounds.com/fund/ngc-ventures) VC firm Singapore 6 backed
- [**ANRI**](https://millionrounds.com/fund/anri) VC firm Japan 5 backed

### Accelerators

5 investors

- [**Animoca Brands**](https://millionrounds.com/fund/animoca-brands) Accelerator Hong Kong SAR China 7 backed
- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 6 backed
- [**Beyond Next Ventures**](https://millionrounds.com/fund/beyond-next-ventures-inc) Accelerator Japan 4 backed
- [**DG VENTURES**](https://millionrounds.com/fund/dg-ventures) Accelerator United States 3 backed
- [**Skyland Ventures**](https://millionrounds.com/fund/skyland-ventures) Accelerator Japan 2 backed

### Corporate investors

5 investors

- [**Nippon Venture Capital**](https://millionrounds.com/fund/nippon-venture-capital) Corporate investor Japan 4 backed
- [**GMO VenturePartners**](https://millionrounds.com/fund/gmo-venture-partners) Corporate investor Japan 2 backed
- [**Mitsui & Co**](https://millionrounds.com/fund/mitsui-and-co) Corporate investor Japan 2 backed
- [**Z Venture Capital**](https://millionrounds.com/fund/z-venture-capital) Corporate investor Japan 2 backed
- [**Sony Innovation Fund**](https://millionrounds.com/fund/sony-innovation-fund) Corporate investor Japan 2 backed

### Private equity and asset managers

4 investors

- [**SMBC Venture Capital**](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank Japan 16 backed
- [*AC* **Aozora Corporate Investment**](https://millionrounds.com/fund/aozora-corporate-investment) Private equity Japan 5 backed
- [**Polygon**](https://millionrounds.com/fund/polygon) Hedge fund Cayman Islands 4 backed
- [**Gaingels**](https://millionrounds.com/fund/gaingels) Private equity United States 2 backed

**How this map is made.** Every investor here has backed two or more of the same startups as IVC, in rounds we track. Grouped by kind, each ranked by how many startups it shares with IVC. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

[Portfolio map **IVC portfolio map** 101 startups · $981M](https://millionrounds.com/portfolio-maps/ivc-portfolio-map)[Investments abroad **IVC's investments in Japan** 36 startups · $322M](https://millionrounds.com/portfolio-maps/ivc-investments-japan)[Investments abroad **IVC's investments in the United States** 28 startups · $470M](https://millionrounds.com/portfolio-maps/ivc-investments-united-states)[Sector portfolio **IVC's Web3 & Crypto portfolio** 27 startups · $141M](https://millionrounds.com/portfolio-maps/ivc-web3-crypto-portfolio)[Sector portfolio **IVC's AI portfolio** 15 startups · $132M](https://millionrounds.com/portfolio-maps/ivc-ai-portfolio)[Sector portfolio **IVC's IT Services portfolio** 11 startups · $49M](https://millionrounds.com/portfolio-maps/ivc-it-services-portfolio)

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