Investments to date 4,109companies Portfolio company IPOs 1,019companies JAFCO-backed IPOs Category ALL AI / Data Analytics Buyout Investment Fintech Healthcare / Biotech Market place Media and Entertainment Mobile Other SaaS Sales and Marketing Science and Engineering Sustainablility Year of initial investment ALL 2022 2021 2020 2019 2018 2017 2016 Before 2015 Status ALL IPO M&A Other Reset Search U.S.A Asia Sorry no result found Aiming, Inc. Planning and development/ operation/ custom development of smartphone games and online games IPO AIN HOLDINGS INC. Dispensing pharmacy and cosmetic and drug store operation, generic drug wholesaling, sales of cosmetics, retail shop operation IPO AppBank Inc. Operation of AppBank.net app information website for smartphones; proprietary app and video contents production; operation of an e-commerce website for smartphone-/ game-related goods IPO Ashikaga Holdings Co.,Ltd. Banking service IPO BancTec Japan, Inc. Development of document processing/ workflow system IPO Branding Technology Inc. Various web-based information provider service; advertising/ advertising agency business; website planning/design/management IPO Chatwork Co.,Ltd. Provider of "Chatwork" business communication tool IPO coconala Inc. Operation of "Coconala", a platform enabling users to buy and sell knowledge, skills, etc. IPO COLOPL, Inc. Development/ operation of smartphone games and a location-based service platform IPO CYBERDYNE, INC. Development/ manufacture/ sale of robot suit "HAL" and related services IPO Daito Pharmaceutical Co., Ltd. API manufacture/sale, API purchase/sale, drug formulation manufacture/sale (including outsourcing), drug formulation purchase/sale IPO Datasection Inc Serviceds based on social media data and other big data IPO Eleven Biotherapeutics, Inc. R&D of new protein therapeutics using peptide design technology IPO Encourage Technologies Co.,Ltd. Development/ sale of packaged software providing security and internal control features IPO ENERES Co., Ltd. Provider of services to allow reduction of power procurement/ running costs mainly for electricity consumers IPO Finatext Holdings Ltd. Building tech driven wealth management platform IPO FreakOut Inc. DSP service used with RTB systems in online advertising; DMP service for big data analysis IPO GameWith Inc Operation of "GameWith," a smartphone game information website IPO giftee Inc. Digital gift service IPO gumi Inc. Development/ operation/ distribution of Brave Frontier and other mobile online games IPO Gunosy Inc. Operation of "Gunosy," an information curation service for smartphones IPO i3Systems, Inc. Provider of MDM(mobile device management) service "CLOMO” and business-use mobile app "CLOMO SECURED APPs" IPO KnowledgeSuite Inc. SaaS offering SFA, CRM, and other groupware IPO LOCONDO,Inc. Operation of "Locondo," an e-commerce website featuring shoes IPO Mobile Create Co.,Ltd. Provider of communications and application services of mobile management systems using infrastructure including GPS, internet, and mobile phone packet communication network; system development/ sale IPO MEDIA DO Co., Ltd. Distribution of e-books and other mobile-based digital contents; supply of sales systems and operation of sales site IPO MedPeer, Inc Operation of "MedPeer," a collective intelligence service/ community website for physicians IPO Money Forward, Inc. Provider of "Money Forward" personal asset management/ accounting service and "MF Cloud Accounting/ Finance/ Payroll" cloud services for small and midsize companies IPO MTG Co., Ltd. Development and sales of beauty devices, cosmetics, and training gears IPO Nippon Manufacturing Service Corporation Business outsourcing/ staffing services for manufacturers and logistics service providers IPO N・FIELD Co.,Ltd. Nationwide provider of home-visit mental health nursing service IPO Open House Co., Ltd Real estate agency/ brokerage; subdivision housing sales; condominium development; real estate liquidation; real estate finance IPO Photosynth inc. Developer and supply of entry/ exit management system “Akerun” IPO Radishbo-ya Co., Ltd. Home delivery of pesticide-free or reduced pesticide vegetables and additive-free foods IPO Recruit Holdings Co.,Ltd. Sales promotion/ personnel media services; management of staffing service subsidiaries IPO ROUND ONE Corporation. Operation of bowling alleys and game arcades IPO SLD Entertainment Inc. Operation of café and dining restaurants under "kawara CAFE & DINING" and other brands IPO sMedio,Inc. Development/ sale of software mainly related to multimedia/ network technology IPO Stamen Co.,Ltd. Provider of workforce engagement management platform TUNAG IPO Startia Holdings, Inc. IT infrastructure; digital marketing IPO Tama Home Co., Ltd. Construction of custom-built houses; planning/ development/ sale of subdivision housing IPO teno. Holdings Company Limited Operation of preschools; dispatch of preschool teachers; babysitter/ housekeeping services; preschool teacher training courses IPO TOCALO Co.,Ltd. Thermal spray processing IPO TRACON Pharmaceuticals, Inc. Development of antibody-anti-cancer agents with antiangiogenic effects IPO UCHIYAMA HOLDINGS Co.,Ltd. Management of subsidiaries operating nursing care/ karaoke /restaurant businesses, and related operations IPO UNIFORM NEXT CO., LTD. Online sale of commercial-use uniforms IPO UUUM co., ltd Video contents service; influencer marketing IPO ValueCommerce Co., Ltd. Pay-per-performance advertising delivery/ management service; search engine optimization service IPO Vega corporation Co., Ltd. Online sales of furniture/ interior goods; operation of a global e-commerce site targeting overseas customers IPO Visional, Inc HR tech platform; HR SaaS; business succession-related M&A; SaaS marketing; cyber security; logistics DX platform IPO WACUL INC. UI/UX improvement consulting; development of "AI Analyst," a UI/UX automated optimization tool for online/ smartphone websites IPO WASHHOUSE Co.,Ltd. Provider of Wash House laundromat franchise system IPO WonderPlanet Inc. Entertainment services IPO YAMADA HOLDINGS CO., LTD. Home electrical appliances and home information appliances sales business and housing-related product sales business IPO ZIGExN Co., Ltd. Life media platform business operating websites for specific life events (jobs; housing; marriage; cars, etc.) IPO AIXIA CORPORATION Manufacture and sale of pet food M&A AMLEAD Co.,Ltd. Game arcade operation M&A aratana inc. Development/ sale of Cagolab, an online shop start-up package, including everything from website design/ system construction to website operation/ SEO strategy M&A ARPEGE Co., Ltd. Design/ sale of women's apparel M&A ASAHIENGINEERING CO., LTD. Engineer dispatch to environment plants M&A Biomedical Solutions Co., Ltd. R&D of stents, catheters and other low-invasion medical devices for intravascular treatment M&A Chariloto Co., Ltd. Online sales of keirin (Japanese track cycling) and motorcycle race betting tickets M&A Club Tourism International Inc. Travel agency M&A erex Co.,Ltd Electricity broker M&A Fablic, Inc Development/ operation of "Fril" flea market app for smartphones M&A FLEXCEED Co., Ltd. Manufacture of electronics equipment M&A FOLIO Holdings Co., Ltd. Online broker specializing in theme-based investment M&A Four Nines Co.Ltd. Design/ sale of glasses M&A FURYU Corporation Contents media planning/ development M&A GaSonics Co., Ltd. Maker of semiconductor and flat-panel manufacturing systems M&A Graniph Inc. Planning/ manufacture/ sale of designed T-shirts M&A Isuzu Glass Ltd. Development/ manufacture/ sale of molded glass lens and other optical parts and filters M&A K Technology Corporation Electronics development/ manufacturing outsourcing service M&A KH Neochem Co., Ltd. Manufacture/ sale of chemical products M&A Kitchen House Co., Ltd. Manufacture/ sale of built-in kitchens M&A KOMINE Co., LTD. Design/ manufacture/ sale of KOMINE brand motorcycle gear and apparel M&A LUXA, Inc. Planning/ operation of "Luxa,"an e-commerce website offering limited-time sale of premium items M&A Medical Tribune, Inc. Publisher of medical-related newspaper/ magazine/ web media M&A Megabass inc. Design/ manufacture/ sale of fishing and outdoor gear M&A Meikoshokai Co., Ltd. Manufacture and sale of shredder and other office supplies M&A miRagen Therapeutics, Inc. Development of nuclid acid therapeutics targeting microRNAs M&A NIKKEN Consultants, Inc. Construction consulting M&A NPF-Harmony Limited Partnership (Skylark Co., Ltd.) Operation of Skylark Group restaurants and various food services M&A Payroll Inc. Payroll outsourcing M&A peroli, Inc. Women's contents curation service M&A QB Net Co., Ltd. Operation of QB House haircut salons M&A R No Kaigo Inc. Care-service provider M&A RESCHO, Inc. (formerly BETASOFT Corporation) Development/ sale of "Alpha," an electronic medical record system for psychiatric hospitals M&A Research and Innovation Co.,Ltd Operation of quantitative research service "Mycomment"; service featuring "Code," a consumer data-driven marketing tool M&A Showa Yakuhin Kako Co., Ltd. Manufacture of dental/ generic pharmaceuticals M&A Global Knowledge Network Japan, Ltd. Education solution provider M&A UEI Solutions Inc. Entertainment-related solution provider M&A Vantan Inc. School operation M&A VECTORONE Inc. Development/ sale/ operation of online supermarket systems M&A Victoria Inc. Sporting goods retailer M&A Yuasa Electronics Co.,Ltd Trading firm specializing in manufacture/ sale of optical semiconductor-related inspection equipment M&A 3-shake Inc. SRE (Site Reliability Engineering) support, data integration platform, advertising platform services 9seconds.inc Development/ sale of "Quicker," a web sales and visitor analysis platform ACALL Inc. Development and supply of "WorkstyleOS" ActiValues, Inc. Development and sale of multilingual, customer support AI solutions for hotels and other accommodations AGRIST Inc. Development of automatic harvesting robots airCloset, Inc. Operation of airCloset, an online fashion styling/ rental service Alchemedicine Development of new drugs using the small-molecule compound discovery platform HiSAP alt.Inc Personal AI service "al+" Antway inc. Side-dish subscription box service Aperza Inc. Web media and e-commerce websites for the manufacturing industry Arithmer Inc. Development of AI-based solutions using advanced mathematics, including OCR, still/moving images, natural language processing, 3D model automatic generation, and robots. ASOVIEW Inc. Operation of an online reservation website for hands-on and other leisure activities Astroscale Holdings On-orbit service including satellite end-of-life and active debris removal atama plus Inc. Developer and supply of adaptive learning system “atama+” AVILEN Co., Ltd. Development/ sale of deep learning-related tools Outsourced development/installation consulting of AI systems Development/ sale of AI talent nurturing service Azoop Co., Ltd. Operation of Truckers, a marketplace for used trucks Baseconnect Inc. Development of knowledge database Beatrust Inc. A people information search platform for collaborate within an organization Bio Palette Co., Ltd Development of microbiome therapeutics by using genome editing technology Braveridge Co., Ltd. Development of BLE modules and OEM development of IoT devices Caddi Inc. Development and operation of CADDi, an ordering platform for low-volume, high-mix production CAMPFIRE, Inc. Operation of "CAMPFIRE", a crowdfunding platform Canly Inc. Development of Canly, a tool that allows centralized management of multiple SNS platforms for chain store operators Capy Inc. Development of "CAPTCHA", a security test that prevents unauthorized logins cart ltd. D2C sales of Revol, a supplement for improving anemia Chordia Therapeutics Inc. R&D of anti-cancer drugs/ therapeutics Clear Inc. D2C sales of a luxury Japanese sake brand collabit inc. Real Estate Tech Commmune Inc. SaaS offering no-code customer portal construction and operating platform ContractS Inc. Digital workplace for standard-form legal contracts COUNTERWORKS Inc. Operation of "SHOPCOUNTER" online marketplace for short-term retail space Cryptact Ltd. Provider of GRID, a multi-asset investment support platform for stocks, FOREX, cyrptocurrencies, etc. Cuorips Inc. Development of cell therapeutic products for severe heart failure using iPS cell-derived cardiomyocyte sheets C Channel, Inc. Operation of "C Channel" video media service for women dely Inc. A video recipe service dotData, Inc. Development and sale of platform that allows automation/ operation of entire data science process for enterprises double jump.tokyo Inc. Development, operation and sale of blockchain games/ NFT ENRISSION Inc. Operation of SHIRUCAFE, a carrier development platform FLENS Inc. Provider of "FLENS" e-learning app for schools and cram schools Flywheel Inc. Provider of data-/AI-based service solutions FULL KAITEN Inc. Operation of FULL KAITEN, a cloud service to address inventory issues for retail, wholesale, manufacturing/retail businesses Gaudiy Inc Development and operation of community services using blockchain technology GENEROSITY Inc. Ad agency offering planning and operation of real-world and digital advertising. Genomedia Inc. Development of gene analysis service GIFMAGAZINE, Inc. Operation of GIF Magazine for uploading/ sharing/ searching GIP animations Giftmall.Inc Multi-brand e-commerce mall specializing in the gift sector Giver Take All .inc Operation of auka, a free online real estate consulting service Gojo & Company, Inc. Microfinance GRAS Group, Inc. ICT solution for schools, e-learning services, etc. HEADLIGHT INC. Operation of beauty-related businesses (hair salon, eyelash salon, hair coloring salon) Informetis Co., Ltd. Interactive Solutions Co., Ltd. Development of "Interactive-pro,"a big data-based next-generation SFA Information Service Force Ltd. Development/ sale of engineering services, software IZAWA TOWEL co.,ltd. Manufacture/ sale of towel products in general (face towels, bath towels, wet hand towels, towel blanket, towel sheets, etc.) JEPLAN INC. Construction of a recycling platform covering everything from collection, manufacturing, retail and consumption; operation of a plastic recycling plant Jolly Good Inc. Healthcare education, support for people with disabilities, and mental illness treatment service using VR and AI technologies JSH Co.,Ltd. Management support services for companies and medical corporations Kanataya Co., Ltd. Sale of furniture/ interior goods/ home fashion goods/ home accessories; design and installation of office furniture Karakuri, Inc. Provider of "karakuri” SaaS chatbot for customer support KINS Inc. Bacteria-based health care products Kyash Inc. Personal money transfer/ payment settlement services Kyoto Fusioneering ltd. Development of key components for fusion reactor LayerX Inc. Business process digitization service using blockchain and other technologies LegalForce, Inc. AI-enabled contract review software Let Inc. Operation of an outlet e-commerce application Life is Tech, Inc. IT/programming education service for junior-/senior-high school students Linkers Corporation Operation of "Linkers" that offers matchmaking to search for business partners and suppliers LPIXEL Inc. AI/image analysis in life science and medical research Medical Support Co., Ltd. Consulting for dental clinics related to management, opening, operation, etc. Magenta Medical Ltd. Development of percutaneous left ventricular assist device for heart-failure patients MediaActive.Inc Development/ operation of a child discipline app for smartphones Medical Note Inc. Operation of "Medical Note," a medical media service connecting doctors and patients Medical Engineering Institute, Inc. Development of medical data warehouse (hospital management/ practice/ research support; operational efficiency improvement) Microwave Chemical Co., Ltd. Manufacture of products using microwave chemical processing; technology licensing Mirrativ, Inc. A mobile live-streaming and communication app for gamers Modulus Discovery, Inc. Small-molecule drug discovery utilizing cutting-edge supercomputing technologies MOLCURE Inc. AI-based pharmaceutical molcure design service monicle Inc. Operation of financial media and asset management services MONOC, Inc. D2C support for cosmetics and other products; operation of cosmetics media "FAVOR" MOON-X Inc. brand portfolio company MRSO, Inc. Online reservation service for medical checkups Mujin, Inc. Development/ sale of industrial-use intelligent robot controllers and software Nagano Industry Co., Ltd. Manufacture/ sale of aerial work platforms NAL Net Communications Car maintenance management; car lease; residual value guarantees; used car purchase Nayuta inc. Development of new technology combining IoT and blockchain N.B.Medical R&B of stents for cerebrovascular treatment Nittocone Arm Co., Ltd. Manufacture of premium frozen cake NEW STANDARD Inc. Vertically integrated digital media targeting millennials NEXTINNOVATION,inc Provider of online medical consultation platform note inc. Operation of "cakes," a digital contents distribution platform OLTA Inc. Provider of cloud factoring service that quickly turns outstanding bills into cash when necessary. Omicale Inc. Portal site for matchmaking parties 1-10, Inc. Digital creative production Onion, Inc. Provider of Apollo Sales, a sales automation SaaS OPEN8 Inc. Operation of "Video Tap," a video advertising service on smartphones targeting women oVice, Inc. Development and operation of virtual space "oVice" PAPABUBBLE JAPAN INC. Operation of PAPABUBBLE artisan candy shop Parallel Inc. Operation of "Parallel," a calling app that allows you to play games, etc. with friends Power Spin Inc. STT-MRAM circuit design and prototype development Progress Technologies, Inc. QuantumCore Inc. Reservoir computing solution provider Liquid Group Co., Ltd. Operation of a cryptocurrency exchange and OEM supply of trading systems Rege Nephro Co.,Ltd. R&D, production and sale of cell therapy drugs for renal diseases using nephron progenitor cells derived from iPS cells Reiwa Travel, Inc. DTA (Digital Travel Agency) for Overseas Travel REJECT Inc. Development of a professional esports team Repro Inc. Development/ supply of CE (customer engagement) platform "Repro" that supports relationship building between companies and their customers Revive Inc. Operation of an interaction platform between athletes and their fans REXEV Inc. Electric car sharing and energy management services RIVERFIELD Inc. R&D/ sale of surgical assist robots and other cutting-edge medical equipment ScanX Provider of 3D point cloud data processing SaaS "ScanX Cloud" SEIMEI Inc. Development of operational efficiency tool for insurance agencies "Solicitor-kun" SEQSENSE, Inc. Development/ sale of autonomous robots Sharing Energy Co., Ltd. Residential PV systems third-party ownership (TPO) services Shu's selection Co,LTD Design/ manufacture/ wholesale of umbrellas SODA inc. Operation of sneaker C2C marketplace SNKRDUNK Splink,Inc. Brain science-related business, healthcare business development support, data analysis, inspection, and outsourcing services SPLYZA Inc. Development and sale of analysis/ information sharing/ communication tools for sports teams SQUEEZE Inc. Crowdsourcing services for private lodging/ hotel/ ryokan operators STADIUM Co., Ltd. Development and sale of Interview Maker, an online interviewing tool STAR FESTIVAL INC. Operation of "Gochikuru," an online mall of pre-packed meals and catering services, and "Shashokuru," a delivery-style company cafeteria STiLy Development and operation of stock fundamentals analysis tool "propro" for individual investors Studyplus Inc. Operation of learning management platform "Studyplus" SUGAR inc. A mobile live-streaming app for fan-celebrity interaction Sustainable Lab Inc. Collection and analysis of non-financial database Synplogen Co., Ltd. R&D related to genome synthesis technology Synspective Inc. Development and manufacture of small SAR satellites and satellite data solution provider service TableCheck Inc (formerly K.K. VESPER) Development of restaurant reservation/ customer management systems Taimee, Inc. Operation of one-off job matching application TechMagic K.K. Cooking robot/ AI automation robot businesses Tech Bureau, Incorporated Operation of a cryptocurrency exchange: blockchain development; ICO solutions TENET Inc. Online medical consultation support service Tier IV, Inc. Autonomous driving system development/ platform Timeleap Inc. Development of remote customer service system RURA TNAX Biopharma Corporation Drug development targeting immunoreceptors TOKIUM Inc. SaaS that simplifies expense reimbursement, invoice management and other business operations Trinity Technology Co., Ltd. Consulting for the formation of family trusts and development of SaaS for family trust support Unifa Inc. Lookmee Series services for nursery schools, including online photo sales and face-down sleep monitoring system User Like, Inc. Operation of fresh flowers subscription service VARK Inc. Operation of virtual entertainment platform "VARK" VELTRA Corporation Online reservation site for optional tours vivid garden Inc. Operation of online marche "tabechoku" VRAIN Solution, Inc. Supply of AI services for the manufacturing industry WAKAZE Inc. Production and Selling of Japanese SAKE WHITEPLUS, Inc. Operation of "Lenet" online laundry service and "Seikatsu Book" house cleaning matching service. Your mystar, Inc Operation of e-commerce platform for service providers Zeals Co., Ltd. Provider of Conversational Commerce