# Who Invests With SBI Investment: 115 Co-Investors (2026)

> The 115 investors that have backed two or more of the same startups as SBI Investment, by kind: vc firms, corporate investors and growth funds.

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

## VC firms

73

- [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)
- [Nissay Capital](https://millionrounds.com/fund/nissay-capital)
- [ANRI](https://millionrounds.com/fund/anri)
- [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank)
- [IVC](https://millionrounds.com/fund/ivc)
- [*MB* MUFG Bank](https://millionrounds.com/fund/mufg-bank)
- [*SC* Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital)
- [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation)
- [UntroD Capital](https://millionrounds.com/fund/untrod-capital)
- [SoftBank](https://millionrounds.com/fund/softbank-2)
- [Incubate Fund](https://millionrounds.com/fund/incubate-fund)
- [Deepcore](https://millionrounds.com/fund/deepcore)
- [Spiral Capital](https://millionrounds.com/fund/spiral-capital)
- [KB Investment](https://millionrounds.com/fund/kb-investment)
- [Keio Innovation Initiative](https://millionrounds.com/fund/keio-innovation-initiative-inc)
- [BEENEXT](https://millionrounds.com/fund/beenext)
- [East Ventures](https://millionrounds.com/fund/east-ventures)
- [ITOCHU Technology Ventures](https://millionrounds.com/fund/itochu-technology-ventures)
- [*FV* FFG Venture Business Partners](https://millionrounds.com/fund/ffg-venture-business-partners)
- [Coral Capital](https://millionrounds.com/fund/coral-capital)
- [Atinum Investment](https://millionrounds.com/fund/atinum-investment)
- [Eight Roads Ventures](https://millionrounds.com/fund/eight-roads)

+49 more

## Corporate investors

12

- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [Z Venture Capital](https://millionrounds.com/fund/z-venture-capital)
- [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund)
- [GMO VenturePartners](https://millionrounds.com/fund/gmo-venture-partners)
- [Daiwa Corporate Investment](https://millionrounds.com/fund/daiwa-corporate-investment)
- [Nippon Venture Capital](https://millionrounds.com/fund/nippon-venture-capital)
- [Hana Ventures](https://millionrounds.com/fund/hana-ventures)
- [Google Ventures](https://millionrounds.com/fund/gv)
- [Coinbase Ventures](https://millionrounds.com/fund/coinbase)
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- [NetEase](https://millionrounds.com/fund/netease)
- [Intel Capital](https://millionrounds.com/fund/intel-capital)

## Growth funds

11

- [SBI](https://millionrounds.com/fund/sbi)
- [UTokyo Innovation Platform](https://millionrounds.com/fund/utokyo-innovation-platform)
- [*IN* Innovation Network Corporation Of Japan](https://millionrounds.com/fund/innovation-network-corporation-of-japan)
- [SMBC Edge](https://millionrounds.com/fund/smbc-edge)
- [HSBC](https://millionrounds.com/fund/hsbc)
- [Santander InnoVentures](https://millionrounds.com/fund/santander-innoventures)
- [Citadel Securities](https://millionrounds.com/fund/citadel-securities)
- [Mirae Asset Capital](https://millionrounds.com/fund/mirae-asset-capital)
- [*I* INCJ](https://millionrounds.com/fund/incj)
- [*SG* SBI Group](https://millionrounds.com/fund/sbi-group)
- [Smilegate Investment](https://millionrounds.com/fund/smilegate-investment)

## Private equity and asset managers

9

- [SMBC Venture Capital](https://millionrounds.com/fund/smbc-venture-capital-2)
- [Goldman Sachs](https://millionrounds.com/fund/goldman-sachs)
- [*G* GlobalBrain](https://millionrounds.com/fund/global-brain)
- [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital)
- [IDG Capital](https://millionrounds.com/fund/idg-capital)
- [LB Investment](https://millionrounds.com/fund/lb-investment)
- [Mirae Asset Venture Investment](https://millionrounds.com/fund/mirae-asset-venture-investment)
- [Practical Venture Capital](https://millionrounds.com/fund/practical-venture-capital)
- [Gaingels](https://millionrounds.com/fund/gaingels)

## Accelerators

6

- [Plug and Play](https://millionrounds.com/fund/plug-and-play)
- [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures)
- [BonAngels Venture Partners](https://millionrounds.com/fund/bon-angels)
- [Beyond Next Ventures](https://millionrounds.com/fund/beyond-next-ventures-inc)
- [Skyland Ventures](https://millionrounds.com/fund/skyland-ventures)
- [Y Combinator](https://millionrounds.com/fund/y-combinator)

## Government funds

4

- [Korea Tech Incubator Program For Startup](https://millionrounds.com/fund/tips-program)
- [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno)
- [Korea Development Bank](https://millionrounds.com/fund/korea-development-bank)
- [DBJ Capital](https://millionrounds.com/fund/dbj-capital)

## Segment by segment

### VC firms

73 investors

- [**Mitsubishi UFJ Capital**](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm Japan 32 backed
- [**Mizuho Capital**](https://millionrounds.com/fund/mizuho-capital) VC firm Japan 27 backed
- [**Global Brain Corporation**](https://millionrounds.com/fund/global-brain-corporation) VC firm Japan 18 backed
- [**Nissay Capital**](https://millionrounds.com/fund/nissay-capital) VC firm Japan 10 backed
- [**ANRI**](https://millionrounds.com/fund/anri) VC firm Japan 10 backed
- [**Mizuho Corporate Bank**](https://millionrounds.com/fund/mizuho-corporate-bank) VC firm Japan 9 backed
- [**IVC**](https://millionrounds.com/fund/ivc) VC firm Taiwan 9 backed
- [*MB* **MUFG Bank**](https://millionrounds.com/fund/mufg-bank) Investment firm - 8 backed

### Corporate investors

12 investors

- [**Salesforce Ventures**](https://millionrounds.com/fund/salesforce-ventures) Corporate investor United States 9 backed
- [**Z Venture Capital**](https://millionrounds.com/fund/z-venture-capital) Corporate investor Japan 5 backed
- [**Sony Innovation Fund**](https://millionrounds.com/fund/sony-innovation-fund) Corporate investor Japan 5 backed
- [**GMO VenturePartners**](https://millionrounds.com/fund/gmo-venture-partners) Corporate investor Japan 4 backed
- [**Daiwa Corporate Investment**](https://millionrounds.com/fund/daiwa-corporate-investment) Corporate investor Japan 3 backed
- [**Nippon Venture Capital**](https://millionrounds.com/fund/nippon-venture-capital) Corporate investor Japan 3 backed
- [**Hana Ventures**](https://millionrounds.com/fund/hana-ventures) Corporate investor South Korea 3 backed
- [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 3 backed

### Growth funds

11 investors

- [**SBI**](https://millionrounds.com/fund/sbi) Growth fund United States 6 backed
- [**UTokyo Innovation Platform**](https://millionrounds.com/fund/utokyo-innovation-platform) Growth fund Japan 3 backed
- [*IN* **Innovation Network Corporation Of Japan**](https://millionrounds.com/fund/innovation-network-corporation-of-japan) Growth fund Japan 3 backed
- [**SMBC Edge**](https://millionrounds.com/fund/smbc-edge) Growth fund Japan 2 backed
- [**HSBC**](https://millionrounds.com/fund/hsbc) Growth fund United Kingdom 2 backed
- [**Santander InnoVentures**](https://millionrounds.com/fund/santander-innoventures) Growth fund United Kingdom 2 backed
- [**Citadel Securities**](https://millionrounds.com/fund/citadel-securities) Growth fund United States 2 backed
- [**Mirae Asset Capital**](https://millionrounds.com/fund/mirae-asset-capital) Growth fund South Korea 2 backed

### Private equity and asset managers

9 investors

- [**SMBC Venture Capital**](https://millionrounds.com/fund/smbc-venture-capital-2) Investment bank Japan 23 backed
- [**Goldman Sachs**](https://millionrounds.com/fund/goldman-sachs) Private equity United States 3 backed
- [*G* **GlobalBrain**](https://millionrounds.com/fund/global-brain) Hedge fund New Zealand 2 backed
- [**Pavilion Capital**](https://millionrounds.com/fund/pavilion-capital) Private equity United States 2 backed
- [**IDG Capital**](https://millionrounds.com/fund/idg-capital) Private equity China 2 backed
- [**LB Investment**](https://millionrounds.com/fund/lb-investment) Private equity South Korea 2 backed
- [**Mirae Asset Venture Investment**](https://millionrounds.com/fund/mirae-asset-venture-investment) Fund of funds South Korea 2 backed
- [**Practical Venture Capital**](https://millionrounds.com/fund/practical-venture-capital) Private equity United States 2 backed

### Accelerators

6 investors

- [**Plug and Play**](https://millionrounds.com/fund/plug-and-play) Accelerator United States 4 backed
- [**NTT DOCOMO Ventures**](https://millionrounds.com/fund/ntt-docomo-ventures) Accelerator Japan 4 backed
- [**BonAngels Venture Partners**](https://millionrounds.com/fund/bon-angels) Accelerator South Korea 3 backed
- [**Beyond Next Ventures**](https://millionrounds.com/fund/beyond-next-ventures-inc) Accelerator Japan 2 backed
- [**Skyland Ventures**](https://millionrounds.com/fund/skyland-ventures) Accelerator Japan 2 backed
- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 2 backed

### Government funds

4 investors

- [**Korea Tech Incubator Program For Startup**](https://millionrounds.com/fund/tips-program) Government fund South Korea 5 backed
- [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 2 backed
- [**Korea Development Bank**](https://millionrounds.com/fund/korea-development-bank) Government fund South Korea 2 backed
- [**DBJ Capital**](https://millionrounds.com/fund/dbj-capital) Government fund Japan 2 backed

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

## More portfolio maps

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

[Portfolio map **SBI Investment portfolio map** 108 startups · $11B](https://millionrounds.com/portfolio-maps/sbi-investment-portfolio-map)[Sector portfolio **SBI Investment's AI portfolio** 23 startups · $1.8B](https://millionrounds.com/portfolio-maps/sbi-investment-ai-portfolio)[Sector portfolio **SBI Investment's Fintech portfolio** 20 startups · $3.0B](https://millionrounds.com/portfolio-maps/sbi-investment-fintech-portfolio)[Investments abroad **SBI Investment's investments in the United States** 20 startups · $4.0B](https://millionrounds.com/portfolio-maps/sbi-investment-investments-united-states)[Co-investors **Who invests with Global Brain Corporation** 144 co-investors](https://millionrounds.com/portfolio-maps/global-brain-corporation-co-investors)[Co-investors **Who invests with Mitsubishi UFJ Capital** 97 co-investors](https://millionrounds.com/portfolio-maps/mitsubishi-ufj-capital-co-ltd-co-investors)

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