# Top 50 Medical VC (Venture Capital) Funds in Japan in May 2026

## Mitsubishi UFJ Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 13
- Stages: Series B, Series A
- Focus: Software, Health Care, Information Technology

Mitsubishi UFJ Capital is a venture capital firm focusing on life science, ICT, and high technology investments.

## Keio Innovation Initiative
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Medical, Health Care, Biotechnology

Keio Innovation Initiative (KII) is a venture capital established by Keio University. In order to make more effective use of the research results of Keio University, we aim to contribute to the development of society by creating investment for venture companies that utilize research results and creating new industries.The key to thinking aboutJapan's future growth strategy is to utilize advanced research results of the university. In addition to GDP, in addition to GDP, Japan is the world's third largest R & D exporter in R & D expenses, but as the low growth rate shows, it has a problem in investment efficiency in research and development. There are also reports on the entrepreneurial spirit that is indispensable for creating new industries, with the lowest entrepreneurial activity rate among developed countries.

## SMBC Venture Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 9
- Stages: Series A, Series B
- Focus: Health Care, Information Technology, Software

Sumitomo Mitsui Banking Corporation (SMBC) and its group companies offer a broad range of financial services centered on banking. They are also engaged in the leasing, securities, credit card, investment, mortgage securitization, venture capital and other credit related businesses. The following lists the activities of SMBC, its subsidiaries andaffiliates in the various business segments.

## Nissay Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Health Care, Internet, Medical

Nissay Capital is a venture capital Company specializing in seed, start-up, growth capital, middle stage, and later stage investment.

## ANRI
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Health Care, Software, Information Technology

ANRI is a Japanese venture capital firm that mainly invests in seed and early-stage startups.

## SBI Investment
- Type: VC Fund
- Location: Minato, Chiba, Japan
- Relevant deals: 6
- Stages: Series B, Series A
- Focus: Financial Services, Information Technology, Software

SBI Investment supports the business development and growth of private venture companies through fund investment.

## UTokyo Innovation Platform
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 5
- Stages: Series A, Seed
- Focus: Biotechnology, Medical, Health Care

The University of Tokyo IPC is a company responsible for expanding the innovation ecosystem of the University of Tokyo. Accelerate global innovation from the University of Tokyo through three activities: start-up support, investment business, and corporate innovation support.It was established as a wholly-owned subsidiary of the University ofTokyo in 2016 with the enforcement of the revised law of the Industrial Competitiveness Enhancement Law, which is the basis law. The investment targets of the Todai IPC are venture companies that utilize the research results and human resources of the University of Tokyo, but they also make FOF (fund of funds) investments in funds managed by some private venture capital companies. In 2019, it started a consortium-type incubation program (University of Tokyo IPC 1stRound) to support the establishment and financing of Tokyo University-related ventures.

## Fast Track Initiative, Inc.
- Type: VC Fund
- Location: Hongo, Tokyo, Japan
- Relevant deals: 5
- Stages: Series B, Series A
- Focus: Health Care, Biotechnology, Medical

Fast Track Initiative is a venture capital firm with an exclusive focus on life sciences and healthcare services.

## Japan Science and Technology Agency
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 5
- Stages: Series A, Series B
- Focus: Medical, Biotechnology, Health Care

Japan Science and Technology Agency is an integrated organization of science and technology that implements science and technology policy in Japan.  It handles many projects, including the government’s Science and Technology Basic Plan and knowledge creation. The European Sustainability School ESSSR is the owner of Japan Science and TechnologyAgency.Japan Science and Technology Agency undertakes its task in a comprehensive manner. It also works to provide a sound infrastructure of science and technology information and raise awareness and understanding of science and technology-related issues in Japan.Japan Science and Technology Agency is headquartered in Tokyo, Japan.

## DBJ Capital
- Type: VC Fund
- Location: Otemachi, Tokyo, Japan
- Relevant deals: 5
- Stages: Series A, Seed
- Focus: Software, Internet, Biotechnology

DBJ Capital Co., Ltd. was founded in June 2010 through the integration of two venture capital firms of the DBJ Group, New Business Investment Co., Ltd. and Intellectual Properties Development & Investment, Inc. We are a wholly-owned subsidiary of Development Bank of Japan Inc.At DBJ Capital, we focus on venture firms which use newtechnologies and business models to grow and compete on the global market, regardless of their industry or scale. To meet the particular needs of each client, we mobilize the entire DBJ Group to arrange the best investment solutions, ranging from growth-spurring equity investment to financing schemes drawing on DBJ's vast networks.We also assist in venture start-ups. Our value enhancement team provides the kind of comprehensive, hands-on support needed to commercialize outstanding intellectual property and technologies developed by firms, research labs, and universities, and to carve out a place for them in the market.DBJ Capital will continue to play in a part in Japan's economic revival - by helping the firms we invest in to grow, and by encouraging the creation of new industries in Japan.

## Mobile Internet Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 4
- Stages: Series A, Seed
- Focus: Software, Mobile, Internet

Mobile Internet Capital (MIC) keeps up on the latest developments of Mobile Internet technologies and services at a high level, and continues to be a venture capital with both technical expertise and execution capability.

## DNX Ventures
- Type: VC Fund
- Location: San Mateo, California, United States
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, SaaS

DNX Ventues is an early stage VC firm focusing on B2B Startups that are shaping industries and transforming the way we live and work.

## Genesia Ventures
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Information Technology, Software, Content

Genesia Ventures is a venture capital firm focused on seed/early-stage startups in Japan and Southeast Asia.

## Angel Bridge
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Medical, Nursing and Residential Care, Consulting

Angel Bridge is a angel investor groups in Japan and provide high quality and abundant funds to excellent companies.

## Capital Medica Ventures
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Medical, Software, Health Care

Capital Medica Ventures is a venture capital firm based in Tokyo, Japan with a focus on startups in the healthcare industry.Capital Medica Ventures is a venture capital that operates a venture fund specializing in the healthcare field. It is the only healthcare-specialized VC in Japan that can provide 30 medical institutions as a business trialfield.

## Nippon Venture Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, Health Care, Information Technology

Nippon Venture Capital ("NVCC"), established in 1996 as one of the few largest Japanese independent venture capital firms, is destined to undertake the unprecedented task of providing full-range venture capital services in cooperation with major Japanese business leaders and leading companies, which have supported and nurtured various newbusinesses on their own, as well as proactively developing new venture enterprises.

## Real Tech Japan
- Type: VC Fund
- Location: Sumida, Tokyo, Japan
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Manufacturing, Biotechnology, Robotics

Real Tech Japan is a venture capital firm that seeks to invest in innovative R&D technology companies. Realtech Fund is a joint venture between the Ministry of Economy, Trade, and Industry and NEDO (New Energy and Industrial Technology Development Organization).
The firm was founded in 2014 and based in Tokyo, Japan.

## MITSUI SUMITOMO INSURANCE Venture Capital (MSIVC)
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Information Technology, Food and Beverage

MSIVC is a venture capital firm that invests in Japanese and global startups scaling to IPO. It focuses on startups in verticals of Fintech, SaaS, Healthcare, AI, E-Commerce, Foodtech, and Environment etc.

## Takeda
- Type: VC Fund
- Location: Osaka, Osaka, Japan
- Relevant deals: 3
- Stages: Corporate Round, Series A
- Focus: Biotechnology, Health Care, Pharmaceutical

Takeda is a global, research and development-driven pharmaceutical company committed to bringing better health and a brighter future to patients by translating science into life-changing medicines.

## KSP
- Type: VC Fund
- Location: Kawasaki, Kanagawa, Japan
- Relevant deals: 3
- Stages: Series A, Series B
- Focus: Biotechnology, Health Care, Medical

KSP, Inc. is the core business entity responsible for operating the Kanagawa Science Park (KSP) and has accepted the challenge of creating new industries through the support, development, and incubation of venture businesses. We provide a variety of business support services that best meet the needs of venture businesses in each stage of theirbusiness growth, ranging from the processes of startup and growth to public offerings. Several hundreds of new startup companies have been created and nurtured since its foundation. An incubation manager (IM) acts as a coordinator and provides a variety of support services to a venture company to help them successfully launch and develop their new business, such as offering individual consultations and a variety of information or advice. KSP, Inc. is well poised to cope with the varying needs of new ventures for highly sophisticated, specialized tasks by offering a business school, business support center, business matching services, and investment funds.The public sector, such as the Kanagawa prefectural government, Kawasaki city government, and the Development Bank of Japan, Inc., has an equity participation in KSP, thus playing a vital role in the deployment of local industrial development policy.

## IT-Farm
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Software, Health Care, Information Technology

IT-Farm is a venture capital firm which specializes in seed, start-up, and early stage companies. It primarily invests in mobile, big-data, connected car, IoT, OTT service, Helth care, Bio Tech and other IT industries. The firm actively invests in SF bay area and Japan, as well as other geometries including Asia and Europe. We support portfoliocompanies, especially on the partnership with Japanese enterprises.

## Coral Capital
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: Information Technology, Software, Internet

Coral Capital is a seed stage venture capital firm in Japan.

## Sony
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Video, Machine Learning

Sony develops and manufactures audio, video, communications, and information technology products for the consumer and professional markets. Sony is a mix of consumer electronics and various well-known brand names, such as Walkman in portable audio players, Vaio in PCs, Xperia in smartphones, Cybershot and Alpha in digital cameras, and PlayStationin video game consoles.Sony has seven main business segments, operating electronic appliances, games, devices and semiconductors, entertainment content, and financial services.

## Sumitomo Mitsui Banking Corporation
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Debt Financing, Series A
- Focus: Financial Services, Finance, Information Technology

Sumitomo Mitsui Banking Corporation offers a broad range of financial services centered on banking. They are also engaged in leasing, securities, credit card, investment, mortgage securitization, venture capital, and other credit-related businesses. The following lists the activities of SMBC, its subsidiaries, and affiliates in the various businesssegments.It is a wholly-owned subsidiary of Sumitomo Mitsui Financial Group. As of the year 2009, SMBC was the second largest bank in Japan in terms of assets.

## Pegasus Tech Ventures
- Type: VC Fund
- Location: San Jose, California, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, E-Commerce

Pegasus Tech Ventures is a global venture capital firm based in Silicon Valley, offering intellectual and financial capital to exceptional emerging technology companies around the world.

## DOGAN beta
- Type: VC Fund
- Location: Fukuoka, Fukuoka, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Internet, Task Management, Artificial Intelligence

They believe that the fundamental challenge facing the local economy is the lack of employment diversity. Although it is a simple example, it is easier to understand if you compare the Tokyo metropolitan area with Kyushu and list the companies that can achieve annual income of 10 million yen at the age of 30 (probably with a head office in KyushuMost companies with the highest annual income will be infrastructure company

## Future Venture Capital
- Type: VC Fund
- Location: Kyoto, Kyoto, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Information Technology, Manufacturing, Health Care

Future Venture Capital Co., Ltd. is a venture capital firm specializing in early stage investment. The firm invests in diversified investment in a broad range of industrial sectors. It seeks to invest in Japan. The firm prefers to be the lead investor in its portfolio companies. Future Venture Capital Co., Ltd. was founded in 1998 and is based inKyoto, Japan with offices in Tokyo, Aomori, Iwate, Yamagata, Kanazawa, Mie, Sakai, Kobe, and Ehime.

## Sony Innovation Fund
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: Software, Artificial Intelligence, Health Care

Sony Innovation Fund is investing in technology-driven transformational companies shaping the future of business, entertainment and society.

## STRIVE
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Internet, SaaS

STRIVE focuses on investing in early-stage (Seed to Series A) internet and mobile companies. It seeks out companies in Japan, Southeast Asia, and India with top-notch management teams and strong market potential. It is not tied to strategic investments for GREE Inc. and leverages its pan-Asia expertise for guiding its portfolio in an engaged,hands-on role.

## JIC Venture Growth Investments
- Type: VC Fund
- Location: Marunouchi, Tokyo, Japan
- Relevant deals: 2
- Stages: Series B, Series C
- Focus: Software, Information Technology, Consulting

JIC-VGI helps promote innovation and improve its international competitiveness through growth-investments in startup companies. The firm accelerating innovation and helping to solve industrial and social issues by supporting and seeking innovative technologies and new businesses.JIC Venture Growth Investments was established in July 2020 and isbased in Tokyo, Japan.

## MedVenture Partners
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Medical Device, Medical, Health Care

MedVenture Partners invests in seed to early stage projects and start-ups in the life science field focusing mainly on medical devices.

## Fujifilm
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Biotechnology, Medical Device, Medical

Fujifilm develops and sells consumer products and business products related to photography. Fujifilm Holdings Corporation is a Japanese multinational photography and imaging company. The company serves various industries, including medical, graphic arts, optics, enterprise storage, motion picture, and photography.The company’s consumer productsare categorized as digital cameras and accessories, film photography, Instax photography, and binoculars. Its business products are categorized as medical systems, Fujinon endoscopy, microfilm, data storage, graphic arts and printing, professional video, optical devices, specialty chemicals, printing imaging colorants, and more. Color films, digital cameras, photofinishing equipment, color papers, photofinishing chemicals, medical imaging equipment, graphic arts equipment and materials, flat panel displays, and photocopiers and printers are some products developed by Fujifilm USA.Fujifilm USA is based in Minato-ku, Tokyo, Japan.

## Astellas Venture Management
- Type: VC Fund
- Location: Menlo Park, California, United States
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Biotechnology, Health Care, Therapeutics

Astellas Venture Management is a California-based financial organization that targets investments in the biotechnology sector.

## Aflac Global Ventures
- Type: VC Fund
- Location: Columbus, Georgia, United States
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: Health Care, Medical, Insurance

Aflac Corporate Ventures invest in startup companies in cancer, health tech, and insurtech business areas. It was founded in 2016 and is based in Columbus, Georgia, United States.

## Essential Pharma
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Series A
- Focus: Medical, Software, Life Science

Essential Pharma provided on this site is created for the purpose of providing information on our ethical drugs to medical professionals

## Vector
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Corporate Round
- Focus: Media and Entertainment, Marketing, Content

Vector is a Japan-based PR agency that provides PR planning and implementation services for its clients. The agency also offers other services covering areas such as management, finance, accounting, human resources, administration, internal controls, and audits.
Vector was founded in 1993.

## Tsukuba Institute of Research
- Type: VC Fund
- Location: Ibaraki, Osaka, Japan
- Relevant deals: 2

Tsukuba Institute of Research (筑波総研) is an R&D center owned by housing and wood products group Sumitomo Forestry. The facility develops technologies to make more effective use of wood in a wide range of fields.

## ANOBAKA
- Type: VC Fund
- Location: Shibuya, Kanagawa, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Content, Food and Beverage

ANOBAKA is a Tokyo-based venture capital firm with rich group resources to add value to seed-stage startups. ANOBAKA actively invests in and supports startups aiming to be a global leader in the innovative Internet business and promising to greatly grow up in the future. ANOBAKA's investment focuses on fledgling seed-stage startups. Inaddition to investment financing, ANOBAKA provides founders with a variety of business support such as development consulting by our engineers, sales support, and international marketing support.

## Cyberdyne
- Type: VC Fund
- Location: Tsukuba, Ibaraki, Japan
- Relevant deals: 2
- Stages: Series B, Seed
- Focus: Health Care, Medical, Information Technology

CYBERDYNE Inc. is a venture firm which is established by Dr. Yoshiyuki Sankai, University of Tsukuba, Japan, in order to materialize his idea to utilize Robot Suit HAL® for the benefits of humankind in the field of medicine, caregiving, welfare, labor, heavy works, entertainment and so on. Robot Suit HAL® was developed with the technologies createdin Sankai Laboratory of Tsukuba University as an application of “Cybernics*” advocated by Prof. Sankai.

## Incubate Fund
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Information Technology, E-Commerce

Incubate Fund is an independent early-stage venture capital that specializes in providing capital to technology startups at the seed stage. The firm built a portfolio of over 300 companies in Asia, taking 12 companies to public and 20 companies to M&A exit since 2010.

## Sumitomo Mitsui Trust Investment
- Type: VC Fund
- Location: Minato, Chiba, Japan
- Relevant deals: 2
- Stages: Series D, Series A, Series C
- Focus: Internet, Software, Information Technology

Sumitomo Mitsui Trust provides Japanese equity products for corporate and governmental pension funds. SMTB also provides products investing in Asian equities. The capability was developed through its experience in Japanese equity, although it maintains an investment team in Hong Kong.

## Ohara Pharmaceutical
- Type: VC Fund
- Location: Koka, Shiga, Japan
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Medical, Biotechnology, Nursing and Residential Care

Ohara Pharmaceuticals is a pharmaceutical business involved in the development, manufacture, and distribution of pharmaceutical products.

## Chiba Dojo
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: E-Commerce, Information Technology, Financial Services

Chiba Dojo is an entrepreneurial community that supports startup companies in various stages from seed to pre-IPO.

## NEDO
- Type: VC Fund
- Location: Kawasaki, Kanagawa, Japan
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Health Care, Medical, Manufacturing

New Energy and Industrial Technology Development Organization (NEDO) was established as a governmental organization in 1980 to promote the development and introduction of new energy technologies. Research and development of industrial technology was later added, and today NEDO is active in a wide variety of areas as one of the largest publicresearch and development management organizations in Japan.

## ITOCHU Technology Ventures
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: E-Commerce, Software, Information Technology

ITOCHU Technology Ventures (ITV), based in Tokyo, is the venture capital arm of ITOCHU Corporation. ITOCHU is one of the world's largest corporations with offices in over 80 countries and operations that cover a broad spectrum of industries. ITV's mission is to invest and help build leading information technology companies by leveraging avast array of resources both domestically and internationally throughout ITOCHU and its group companies. The ITOCHU group has a long history of funding information technology companies with successes including Siebel Systems, NVIDIA, Openwave and Aruba Networks. Current portfolio includes, Box, Fab, Ooyala, WHILL, Tokyo Otaku Mode, etc.

## Energy & Environment Investment
- Type: VC Fund
- Location: Higashi-shinagawa, Tokyo, Japan
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Internet of Things, Software, Energy

Energy & Environment Investment, Inc. (EEI) is Japan’s first venture capital specialized in the clean technology sector. With core members who have rich hands on experience in founding and managing venture companies, we aim to provide risk money and various strategic values to promising venture companies and businesses.

## Gogin Capital
- Type: VC Fund
- Location: Matsue-shi, Shimane, Japan
- Relevant deals: 2
- Stages: Series A, Seed
- Focus: Pharmaceutical, Medical, Legal

Gogin Capital provides financial services and invests in insurance companies.

## Chibagin Capital
- Type: VC Fund
- Location: Chiba, Chiba, Japan
- Relevant deals: 2
- Stages: Series B, Series A
- Focus: E-Commerce, Internet, Construction

Chibagin Capital, part of Chiba Bank, is focused on consulting services, IPOs, and more.

## Salesforce Ventures
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Series B, Series C, Series A
- Focus: Software, SaaS, Enterprise Software

100% invested in enterprise cloud companies.

## Media Future
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 2
- Stages: Series A
- Focus: Medical, Software, Life Science

Media Future is a group of communication technology professionals that works on connecting feelings and thoughts.
The Tokyo, Tokyo-based company was established in 2013.

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