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Venture capital firm providing seed-stage investments, human resources, and support for early-stage startups in tech.
Incubate Fund, a venture capital firm specializing in seed-stage investments, is headquartered in Tokyo, Japan, with regional funds operating in India and Southeast Asia. The firm manages over 150 billion yen (approximately $1.5 billion) in total funds, having invested in more than 800 startups across diverse sectors including consumer, fintech, frontier tech, and deep tech. Its 69-person team, including 20 partners, provides comprehensive support and human resources to maximize portfolio company growth, contributing to 25 IPO exits and 14 acquisitions to date. Notable figures associated with the firm include co-founders Kazuki Notsu and Masahiko Homma, alongside General Partners Keisuke Wada and Tohru Akaura. In 2023, Incubate Fund launched a US$200 million fund specifically targeting Asian fintech startups, further expanding its global reach. The firm was established in 2010.
Incubate Fund US has 3 tracked investments across 2 companies. The latest tracked deal is $4.3M Other Equity in Goooods in April 2024.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 18, 2024 | Goooods | $4.3M Other Equity | 河西 佑太郎 | Kazuki Notsu, Yigit Ihlamur, 手嶋浩己 |
| Sep 1, 2022 | Goooods | $4.0M Seed | — | Vela Partners, Ebru Dorman, Kazuki Notsu, Hiroki Teshima |
| Sep 1, 2020 | Cerby | $4.0M Seed | Bowery Capital | 2048 Ventures, Angel Labs, AV8 Ventures, Battery Ventures, GAMEGROOVE Capital, Global Ventures, Alexandre Scialom, JD Ross, Matt Macinnis, Tony Xu, Global Founders Capital |