
CyberAgent Capital
Description
CyberAgent Capital is a prominent venture capital firm originating from Japan, established in 2006 as a wholly-owned subsidiary of CyberAgent, Inc., a leading Japanese internet conglomerate. The firm specializes in providing financial support and strategic guidance to startups primarily focused on internet businesses, encompassing areas such as digital media, e-commerce, AI, and SaaS. While deeply rooted in Japan, CyberAgent Capital has cultivated a significant international presence, actively investing across Southeast Asia, including Vietnam, Indonesia, and Thailand, as well as in China and the United States. This global footprint underscores its ambition to identify and nurture promising internet ventures worldwide.
The firm's investment strategy is primarily centered on early-stage companies, typically engaging in Seed to Series A rounds. Beyond capital injection, CyberAgent Capital distinguishes itself by leveraging the extensive network and operational expertise of its parent company, CyberAgent, Inc., to offer substantial value-added support to its portfolio companies. This includes strategic advice, business development assistance, and access to a vast ecosystem of internet services and talent. Their approach aims to foster long-term growth and enable startups to scale effectively in competitive digital markets.
CyberAgent Capital has built an impressive portfolio, having invested in over 200 companies globally since its inception, a testament to its active and broad investment mandate. The firm consistently raises substantial funds to support its investment activities; for instance, its CA Asia Internet Fund 5th successfully closed at 12 billion Japanese Yen (approximately $78 million USD) in 2023, earmarked for early-stage internet startups across Asia. This robust financial backing allows them to write significant checks. Typically, their first cheque sizes range from $100,000 for very early-stage ventures up to $5 million for more developed Series A opportunities, reflecting their capacity to support companies through critical growth phases.
Investor Profile
CyberAgent Capital has backed more than 51 startups, with 11 new investments in the last 12 months alone. The firm has led 6 rounds, about 12% of its total and boasts 48 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Japan, Indonesia.
- Strong thematic focus on Information Technology, Software, Internet.
- Led 2 rounds in the past year.
- Typical check size: $100K – $5M.
Stage Focus
- Seed (59%)
- Series A (14%)
- Series Unknown (10%)
- Series B (6%)
- Pre Seed (4%)
- Series D (4%)
- Convertible Note (2%)
- Series C (2%)
Country Focus
- United States (35%)
- Japan (33%)
- Indonesia (10%)
- China (8%)
- Singapore (6%)
- Vietnam (4%)
- Thailand (2%)
- South Korea (2%)
Industry Focus
- Information Technology
- Software
- Internet
- E-commerce
- Mobile
- Internet Of Things
- Human Resources
- Advertising
- Digital Media
- Education
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.