
DBJ Capital
Description
DBJ Capital Co., Ltd. is a venture capital firm based in Tokyo, Japan, established in 2004 by the Development Bank of Japan Inc. (DBJ). As a corporate venture capital arm, DBJ Capital plays a crucial role in fostering innovation and growth within the Japanese and broader Asian venture ecosystems. The firm's investment strategy is primarily centered on high-growth potential companies, spanning from seed to growth stages. Their official website highlights a broad mandate to invest across various industries, emphasizing their commitment to supporting emerging businesses.
While their LinkedIn profile and some third-party descriptions, including the provided short description, suggest a specific focus on Chinese IT, bio healthcare, manufacturing, and services-related industries, particularly in China and potentially extending to post-IPO companies, DBJ Capital's official communication indicates a more general approach. Their primary geographic focus is stated as "mainly in Japan and Asia," reflecting a broader regional scope for their investments. This suggests a flexible strategy that adapts to promising opportunities across diverse sectors and geographies within the Asian market, not solely confined to Chinese IT.
DBJ Capital is an active investor, having supported over 100 companies since its inception. The firm typically deploys first cheques ranging from tens of millions of Japanese Yen to several hundreds of millions of Japanese Yen. Based on recent exchange rates, this translates approximately to a minimum check size of around $64,516 USD and a maximum check size that can reach up to $3,225,806 USD for initial investments. This wide range allows them to engage with companies at very early stages while also participating in more significant growth rounds. Their long-standing presence and backing from DBJ provide them with substantial resources and a long-term perspective in their investment decisions.
Investor Profile
DBJ Capital has backed more than 37 startups, with 20 new investments in the last 12 months alone. The firm has led 5 rounds, about 14% of its total and boasts 28 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Series B, Seed rounds (top funding stages).
- Majority of deals are located in Japan.
- Strong thematic focus on Software, Health Care, Apps.
- Led 3 rounds in the past year.
- Typical check size: $64.5K – $3.2M.
Stage Focus
- Series A (35%)
- Series B (35%)
- Seed (11%)
- Series C (8%)
- Series Unknown (5%)
- Series E (3%)
- Series H (3%)
Country Focus
- Japan (100%)
Industry Focus
- Software
- Health Care
- Apps
- Content
- Health Diagnostics
- Internet
- Pharmaceutical
- E-commerce
- Virtual Reality
- Information Services
Frequently Asked Questions
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