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Z Venture Capital

Asia, Tokyo, Japan, Tokyo

Description

Z Venture Capital (ZVC) operates as the corporate venture capital arm of Z Holdings, a prominent SoftBank Group company. Headquartered in Tokyo, Japan, ZVC primarily focuses its investment activities on Internet services and AI technology companies across a broad spectrum of sectors, including FinTech, E-commerce, Media, SaaS, Healthcare, and Deep Tech. While its primary geographic focus is Japan, the firm also actively seeks opportunities in Southeast Asia, leveraging the extensive ecosystem and resources of its parent company. This strategic positioning allows ZVC to identify and support innovative startups that can potentially integrate with or benefit from Z Holdings' diverse portfolio of services.

The firm demonstrates a versatile investment approach, engaging with companies across various stages from Seed to Late-stage. ZVC typically deploys initial investments ranging from $1 million to $10 million, with the capacity for follow-on investments that can extend up to $20 million. This flexible check size allows them to support promising ventures from their nascent stages through significant growth phases. In 2021, Z Venture Capital notably launched a new fund amounting to 30 billion Japanese Yen, approximately $270 million USD at the time, underscoring its substantial capital base and commitment to fostering technological innovation in its target markets.

As a corporate venture capital firm, ZVC offers more than just financial capital. Portfolio companies gain potential access to Z Holdings' vast operational expertise, market insights, and extensive user base, which includes major platforms like Yahoo! Japan and LINE. This synergistic relationship aims to accelerate the growth of its portfolio companies by providing strategic guidance, partnership opportunities, and a pathway to broader market penetration. ZVC's mission is to create new value by investing in disruptive technologies and business models that align with the strategic interests and future growth areas of the Z Holdings ecosystem.

Investor Profile

Z Venture Capital has backed more than 38 startups, with 15 new investments in the last 12 months alone. The firm has led 6 rounds, about 16% of its total and boasts 1 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series B, Series A rounds (top funding stages).
  • Majority of deals are located in Japan, South Korea, United States.
  • Strong thematic focus on Information Technology, FinTech, Software.
  • Led 2 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Seed (34%)
  • Series B (26%)
  • Series A (26%)
  • Series Unknown (5%)
  • Series C (3%)
  • Series E (3%)
  • Pre Seed (3%)

Country Focus

  • Japan (29%)
  • South Korea (24%)
  • United States (18%)
  • Singapore (11%)
  • Thailand (5%)
  • Canada (3%)
  • Israel (3%)
  • Philippines (3%)
  • Indonesia (3%)
  • Australia (3%)

Industry Focus

  • Information Technology
  • Fintech
  • Software
  • Media And Entertainment
  • Artificial Intelligence (Ai)
  • E-commerce
  • Content
  • Saas
  • Consumer
  • Apps
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FAQ

Frequently Asked Questions

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

Who does Z Venture Capital frequently co-invest with?

UB Ventures
Asia, Tokyo, Japan, Tokyo
Co-Investments: 2
Dentsu Ventures
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
Tencent
Asia, Guangdong, China, Shenzhen
Co-Investments: 2
Global Brain Corporation
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
GS
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
Mirae Asset Venture Investment
Asia, Kyonggi-do, South Korea, Seongnam
Co-Investments: 2
JAFCO
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
Salesforce Ventures
North America, California, United States, San Francisco
Co-Investments: 4
DIMENSION
Asia, Tokyo, Japan, Tokyo
Co-Investments: 3
Strong Ventures
North America, California, United States, Los Angeles
Co-Investments: 4

Which angels does Z Venture Capital often collaborate with?

Yusuke Sato
Asia, Japan
Shared Deals: 1
BH
North America, Ontario, Canada, Toronto
Shared Deals: 1
EL
North America, California, United States, Los Angeles
Shared Deals: 1
CP
Europe, England, United Kingdom, London
Shared Deals: 1
Takao Ozawa
Asia, Tokyo, Japan, Tokyo
Shared Deals: 1
AW
North America, California, United States, San Francisco
Shared Deals: 1
David Marcus
North America, California, United States, Los Angeles
Shared Deals: 1
TT
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Z Venture Capital?

Terass

Tokyo, Tokyo, Japan

Terass is a real estate agency that offers expert consultation and support services.

Commercial Real EstateConsultingReal EstateReal Estate BrokerageSocial Media
Series CJul 30, 2025
Amount Raised: $13,517,247
Linc

Tokyo, Tokyo, Japan

Linc supports foreigners in Japan, from studying abroad to career opportunities, ensuring a fulfilling study and work experience.

ContentEducationEmploymentHuman ResourcesInformation TechnologyRecruiting
Series UnknownJul 30, 2025
Amount Raised: $2,027,587
AccordX

Roppongi, Tokyo, Japan

AccordX is a fintech company that offers digital billing services that automate and streamline billing and recovery.

BillingDebt CollectionsFinTech
SeedJul 16, 2025
Amount Raised: $1,410,643
Tokyo Epic

Hamamatsucho, Tokyo, Japan

Tokyo Epic provides planning and development of webtoon, and animation services.

AnimationRoboticsVirtualization
SeedJul 8, 2025
Amount Raised: $615,861
Chronicle Studios

Sydney, New South Wales, Australia

Chronicle Studios operates as an entertainment company.

Artificial Intelligence (AI)AudioMedia and Entertainment
SeedJun 24, 2025
Amount Raised: $11,600,000
Utaite

Setagaya, Tokyo, Japan

Utaite is an operator of an entertainment platform that focuses on planning, production, and development of entertainment content.

Content CreatorsMedia and EntertainmentMusicVideo
Series BMay 12, 2025
Amount Raised: $51,885,744
Seedflex Technologies

Singapore, Central Region, Singapore

Seedflex Technologies is a cashless commerce platform developer that helps businesses prepare for huge unforeseen expenses.

SeedMay 7, 2025
Amount Raised: $3,200,000
Cinch Tech

Singapore, Central Region, Singapore

Asia's largest Device-as-a-Service platform powering more affordable, flexible and sustainable access to the latest tech

B2BE-CommerceFinTechInformation TechnologyMobile DevicesSaaSSoftware
Series AApr 8, 2025
Amount Raised: $28,800,000
Wrtn Technologies

Seocho, Seoul-t'ukpyolsi, South Korea

Wrtn Technologies develops an AI and NLP-based writing assistant to enhance creativity and productivity.

Artificial Intelligence (AI)ContentMachine LearningNatural Language Processing
Series BMar 31, 2025
Amount Raised: $73,249,763
Driver Technologies

Tokyo, Tokyo, Japan

Driver Technologies is an operating firm providing driver-specific matching solutions to boost truck utilization rates to logistics firm.

Business DevelopmentLogisticsTransportation
Series AMar 28, 2025
Amount Raised: $3,671,562