# Who Invests With SMBC Venture Capital: 86 Co-Investors (2026)

> The 86 investors that have backed two or more of the same startups as SMBC Venture Capital, by kind: vc firms, corporate investors and accelerators.

Source: https://millionrounds.com/portfolio-maps/smbc-venture-capital-2-co-investors (Millionrounds; every figure on the page links to its filing or article)

## VC firms

65

- [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)
- [SBI Investment](https://millionrounds.com/fund/sbi-investment)
- [ANOBAKA](https://millionrounds.com/fund/anobaka)
- [Japan Finance Corporation](https://millionrounds.com/fund/japan-finance-corporation)
- [IVC](https://millionrounds.com/fund/ivc)
- [Mizuho Corporate Bank](https://millionrounds.com/fund/mizuho-corporate-bank)
- [Incubate Fund](https://millionrounds.com/fund/incubate-fund)
- [*JV* JIC Venture Growth Investments](https://millionrounds.com/fund/jic-venture-growth-investments)
- [ANRI](https://millionrounds.com/fund/anri)
- [*M* Miraidoa](https://millionrounds.com/fund/miraidoa)
- [Spiral Capital](https://millionrounds.com/fund/spiral-capital)
- [Genesia Ventures](https://millionrounds.com/fund/genesia-ventures)
- [Kyoto University Innovation Capital Co., Ltd](https://millionrounds.com/fund/kyoto-university-innovation-capital-co-ltd)
- [Sumitomo Mitsui Banking Corporation](https://millionrounds.com/fund/sumitomo-mitsui-banking-corporation)
- [*SC* Shizuoka Capital](https://millionrounds.com/fund/shizuoka-capital)
- [*MB* MUFG Bank](https://millionrounds.com/fund/mufg-bank)
- [DNX Ventures](https://millionrounds.com/fund/dnx-ventures-us)
- [Keio Innovation Initiative](https://millionrounds.com/fund/keio-innovation-initiative-inc)
- [Coral Capital](https://millionrounds.com/fund/coral-capital)
- [Mint](https://millionrounds.com/fund/mint)
- [Globis Capital Partners](https://millionrounds.com/fund/globis-capital-partners)

+41 more

## Corporate investors

10

- [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures)
- [Sony Innovation Fund](https://millionrounds.com/fund/sony-innovation-fund)
- [Nippon Venture Capital](https://millionrounds.com/fund/nippon-venture-capital)
- [Colopl Next](https://millionrounds.com/fund/colopl-next)
- [Daiwa Corporate Investment](https://millionrounds.com/fund/daiwa-corporate-investment)
- [Societe Generale](https://millionrounds.com/fund/societe-generale-2)
- [Endeavor Catalyst](https://millionrounds.com/fund/endeavor-catalyst)
- [Google Ventures](https://millionrounds.com/fund/gv)
- [Dentsu Ventures](https://millionrounds.com/fund/dentsu-ventures)
- [Mitsui & Co](https://millionrounds.com/fund/mitsui-and-co)

## Accelerators

4

- [Beyond Next Ventures](https://millionrounds.com/fund/beyond-next-ventures-inc)
- [Google for Startups](https://millionrounds.com/fund/google-for-startups)
- [Y Combinator](https://millionrounds.com/fund/y-combinator)
- [NTT DOCOMO Ventures](https://millionrounds.com/fund/ntt-docomo-ventures)

## Private equity and asset managers

4

- [*AC* Aozora Corporate Investment](https://millionrounds.com/fund/aozora-corporate-investment)
- [Pavilion Capital](https://millionrounds.com/fund/pavilion-capital)
- [Pioneer Fund](https://millionrounds.com/fund/pioneer-fund-2)
- [StepStone Group](https://millionrounds.com/fund/stepstone-group)

## Growth funds

3

- [UTokyo Innovation Platform](https://millionrounds.com/fund/utokyo-innovation-platform)
- [*I* INCJ](https://millionrounds.com/fund/incj)
- [*JV* Jafco Ventures](https://millionrounds.com/fund/jafco-ventures)

## Segment by segment

### VC firms

65 investors

- [**Mitsubishi UFJ Capital**](https://millionrounds.com/fund/mitsubishi-ufj-capital-co-ltd) VC firm Japan 80 backed
- [**Mizuho Capital**](https://millionrounds.com/fund/mizuho-capital) VC firm Japan 68 backed
- [**Global Brain Corporation**](https://millionrounds.com/fund/global-brain-corporation) VC firm Japan 31 backed
- [**Nissay Capital**](https://millionrounds.com/fund/nissay-capital) VC firm Japan 25 backed
- [**SBI Investment**](https://millionrounds.com/fund/sbi-investment) VC firm Japan 23 backed
- [**ANOBAKA**](https://millionrounds.com/fund/anobaka) VC firm Japan 17 backed
- [**Japan Finance Corporation**](https://millionrounds.com/fund/japan-finance-corporation) Investment firm Japan 17 backed
- [**IVC**](https://millionrounds.com/fund/ivc) VC firm Taiwan 16 backed

### Corporate investors

10 investors

- [**Salesforce Ventures**](https://millionrounds.com/fund/salesforce-ventures) Corporate investor United States 10 backed
- [**Sony Innovation Fund**](https://millionrounds.com/fund/sony-innovation-fund) Corporate investor Japan 8 backed
- [**Nippon Venture Capital**](https://millionrounds.com/fund/nippon-venture-capital) Corporate investor Japan 5 backed
- [**Colopl Next**](https://millionrounds.com/fund/colopl-next) Corporate investor Japan 4 backed
- [**Daiwa Corporate Investment**](https://millionrounds.com/fund/daiwa-corporate-investment) Corporate investor Japan 4 backed
- [**Societe Generale**](https://millionrounds.com/fund/societe-generale-2) Corporate investor France 2 backed
- [**Endeavor Catalyst**](https://millionrounds.com/fund/endeavor-catalyst) Corporate investor United States 2 backed
- [**Google Ventures**](https://millionrounds.com/fund/gv) Corporate investor United States 2 backed

### Accelerators

4 investors

- [**Beyond Next Ventures**](https://millionrounds.com/fund/beyond-next-ventures-inc) Accelerator Japan 7 backed
- [**Google for Startups**](https://millionrounds.com/fund/google-for-startups) Accelerator United States 5 backed
- [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 5 backed
- [**NTT DOCOMO Ventures**](https://millionrounds.com/fund/ntt-docomo-ventures) Accelerator Japan 2 backed

### Private equity and asset managers

4 investors

- [*AC* **Aozora Corporate Investment**](https://millionrounds.com/fund/aozora-corporate-investment) Private equity Japan 4 backed
- [**Pavilion Capital**](https://millionrounds.com/fund/pavilion-capital) Private equity United States 4 backed
- [**Pioneer Fund**](https://millionrounds.com/fund/pioneer-fund-2) Private equity United States 2 backed
- [**StepStone Group**](https://millionrounds.com/fund/stepstone-group) Fund of funds United States 2 backed

### Growth funds

3 investors

- [**UTokyo Innovation Platform**](https://millionrounds.com/fund/utokyo-innovation-platform) Growth fund Japan 5 backed
- [*I* **INCJ**](https://millionrounds.com/fund/incj) Growth fund - 2 backed
- [*JV* **Jafco Ventures**](https://millionrounds.com/fund/jafco-ventures) Growth fund - 2 backed

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

## More portfolio maps

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

[Portfolio map **SMBC Venture Capital portfolio map** 125 startups · $3.2B](https://millionrounds.com/portfolio-maps/smbc-venture-capital-2-portfolio-map)[Sector portfolio **SMBC Venture Capital's AI portfolio** 27 startups · $415M](https://millionrounds.com/portfolio-maps/smbc-venture-capital-2-ai-portfolio)[Sector portfolio **SMBC Venture Capital's Professional Services portfolio** 13 startups · $104M](https://millionrounds.com/portfolio-maps/smbc-venture-capital-2-professional-services-portfolio)[Sector portfolio **SMBC Venture Capital's Healthtech portfolio** 11 startups · $248M](https://millionrounds.com/portfolio-maps/smbc-venture-capital-2-healthtech-portfolio)[Sector portfolio **SMBC Venture Capital's Media portfolio** 10 startups · $112M](https://millionrounds.com/portfolio-maps/smbc-venture-capital-2-media-portfolio)[Co-investors **Who invests with Y Combinator** 1,812 co-investors](https://millionrounds.com/portfolio-maps/y-combinator-co-investors)

## Raising from investors like SMBC Venture Capital?

Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports.

[Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)
