MUFG Innovation Partners logo

MUFG Innovation Partners

Asia, Tokyo, Japan, Tokyo

Description

MUFG Innovation Partners (MUIP) serves as the dedicated corporate venture capital (CVC) arm of Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial institutions. Established to spearhead MUFG's strategic investments in the global innovation ecosystem, MUIP plays a crucial role in identifying and nurturing disruptive technologies and business models that can transform financial services. Its core mission extends beyond pure financial returns, emphasizing strategic alignment and the potential for synergistic collaborations with MUFG's expansive banking and financial operations. This dual focus allows MUIP to support startups not only with capital but also with access to MUFG's vast network, expertise, and customer base.

The investment thesis of MUFG Innovation Partners is primarily centered on fintech, but it also encompasses a broader spectrum of innovative technologies critical to the future of finance. Key areas of interest include artificial intelligence, blockchain, data analytics, cybersecurity, regtech, and other emerging solutions that enhance operational efficiency, customer experience, or create new revenue streams within the financial sector. MUIP actively seeks out companies that demonstrate strong potential for growth and can offer strategic value to MUFG's diverse business units, fostering an environment of open innovation and co-creation. Their global outlook means they invest in promising startups across various geographies, including North America, Europe, and Asia.

MUFG Innovation Partners manages significant capital dedicated to these strategic investments. Their first fund, MUFG Innovation Partners No.1 Investment Limited Partnership, launched in 2019, commanded a total fund size of approximately JPY 20 billion, equivalent to about $180 million at the time of its establishment. Building on this success, they subsequently launched MUFG Innovation Partners No.2 Investment Limited Partnership in 2022, further expanding their investment capacity with a fund size of approximately JPY 30 billion, which translated to around $225 million. These substantial funds enable MUIP to participate in various funding rounds, typically focusing on Series A and B, but also engaging in later-stage growth rounds where strategic fit is paramount.

Through its disciplined investment approach and deep integration with the parent company, MUFG Innovation Partners acts as a vital bridge between the agility of startups and the scale of a global financial conglomerate. By strategically deploying capital and fostering partnerships, MUIP contributes significantly to the evolution of financial technology, ensuring MUFG remains at the forefront of innovation and can adapt to the rapidly changing landscape of the global financial industry.

Investor Profile

MUFG Innovation Partners has backed more than 36 startups, with 9 new investments in the last 12 months alone. The firm has led 4 rounds, about 11% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Japan, Indonesia.
  • Strong thematic focus on Financial Services, FinTech, Information Technology.
  • Typical check size: $1M – $15M.

Stage Focus

  • Series A (28%)
  • Series C (25%)
  • Series B (19%)
  • Series Unknown (8%)
  • Seed (8%)
  • Series D (3%)
  • Debt Financing (3%)
  • Series E (3%)
  • Undisclosed (3%)

Country Focus

  • United States (44%)
  • Japan (19%)
  • Indonesia (11%)
  • Singapore (8%)
  • India (6%)
  • Nigeria (6%)
  • Malaysia (3%)
  • Australia (3%)

Industry Focus

  • Financial Services
  • Fintech
  • Information Technology
  • Software
  • Artificial Intelligence (Ai)
  • Finance
  • Blockchain
  • Automotive
  • Payments
  • Cryptocurrency
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does MUFG Innovation Partners frequently co-invest with?

Spark Capital
North America, California, United States, San Francisco
Co-Investments: 2
Spiral Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
SMBC Venture Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
Google Ventures
North America, California, United States, Mountain View
Co-Investments: 2
Global Brain Corporation
Asia, Tokyo, Japan, Tokyo
Co-Investments: 5
Mizuho Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
MUFG Bank
Asia, Tokyo, Japan, Tokyo
Co-Investments: 2
HV
North America, Massachusetts, United States, Boston
Co-Investments: 3
AppWorks
Asia, T'ai-pei, Taiwan, Taipei
Co-Investments: 2
83North
Europe, England, United Kingdom, London
Co-Investments: 4

Which angels does MUFG Innovation Partners often collaborate with?

AD
Europe, Noord-Holland, The Netherlands, Amsterdam
Shared Deals: 1
David Fischer
North America, California, United States, San Francisco
Shared Deals: 1

What are some of recent deals done by MUFG Innovation Partners?

Bloomo Securities

Tokyo, Tokyo, Japan

Bloomo Securities is a software company that specializes in the development of smart and fun investment apps.

AppsFinancial ServicesInformation TechnologySoftware
Series AMar 20, 2025
Amount Raised: $13,456,822
Auxia

Los Altos, California, United States

Auxia is a composable, AI-based platform designed to help businesses accelerate product-led growth.

Artificial Intelligence (AI)Information TechnologyProductivity ToolsSoftware
Series AMar 4, 2025
Amount Raised: $23,500,000
Endowus

Singapore, Central Region, Singapore

Endowus is a financial technology company that provides CPF, SRS, and cash savings advisory.

Financial ServicesFinTech
Series UnknownJan 8, 2025
Amount Raised: $17,500,000
Kasanare

Tokyo, Tokyo, Japan

Kasanare is a technology company that offers AI-based business specific cloud services.

Artificial Intelligence (AI)Cloud Data ServicesInformation Technology
SeedNov 27, 2024
Lecto

Tokyo, Tokyo, Japan

Lecto is a finance firm that offers debt management, automate receivables management, and other financial management services.

Financial ServicesFinTechSaaS
Series ANov 25, 2024
Newmo

Tokyo, Tokyo, Japan

Newmo develops ride-sharing service platform designed to provide a means of transport to local communities and consumers.

Public TransportationService IndustryTransportation
Series AOct 31, 2024
Amount Raised: $41,466,192
Obligo

New York, New York, United States

Obligo rids both landlords and renters from the burden of security deposits.

Financial ServicesInformation TechnologyReal Estate
UndisclosedOct 21, 2024
Amount Raised: $35,000,000
Broom

Jakarta, Jakarta Raya, Indonesia

Broom provides access for dealers in automotives to get short-term loans by putting their car inventories up as collateral.

AutomotiveFinanceFinancial Services
Series AOct 1, 2024
Amount Raised: $24,867,327
Loglass

Nishi-shinagawa, Tokyo, Japan

Loglass offers corporate intelligence to enhance business management.

Business DevelopmentCloud Data ServicesSoftware
Series BJul 31, 2024
Amount Raised: $45,749,541
Ripcord

Hayward, California, United States

Ripcord offers a comprehensive suite of services for digitizing and organizing paper-based and digital documents.

Artificial Intelligence (AI)Document ManagementEnterprise SoftwareRoboticsSaaS
Series CApr 16, 2024
Amount Raised: $32,000,000