
ANRI
Description
ANRI is a prominent Japanese venture capital firm based in Tokyo, renowned for its dedicated focus on seed and early-stage startups within the Japanese ecosystem. Founded by Anri Mu, the firm has established itself as a key player in nurturing nascent technology companies, particularly those leveraging deep tech, AI, SaaS, and innovative consumer internet solutions. ANRI distinguishes itself through a founder-first philosophy, aiming to provide not just capital but also extensive operational support and strategic guidance to its portfolio companies from their earliest stages.
The firm's investment strategy is characterized by a hands-on approach, often engaging deeply with founders to help navigate the challenges of scaling a startup in Japan. ANRI typically targets companies that demonstrate strong technological innovation and significant market potential. Their commitment to the Japanese startup scene is evident in their consistent fundraising efforts, with their ANRI 5th Fund successfully closing at JPY 10 billion, which translates to approximately $64.5 million USD. This substantial capital allows them to provide robust support to a diverse range of promising ventures.
ANRI's typical initial investment ranges from JPY 50 million to JPY 300 million, which corresponds to approximately $320,000 to $1.9 million USD. This flexibility allows them to back a wide spectrum of early-stage companies, from pre-seed to Series A. Over the years, ANRI has built a robust portfolio of over 100 companies, contributing significantly to the growth and maturation of Japan's startup landscape. Their long-term vision and commitment to fostering innovation have made them a preferred partner for many aspiring entrepreneurs in the region.
Investor Profile
ANRI has backed more than 68 startups, with 25 new investments in the last 12 months alone. The firm has led 15 rounds, about 22% of its total and boasts 17 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series A, Series Unknown rounds (top funding stages).
- Majority of deals are located in Japan, United States, Singapore.
- Strong thematic focus on Software, Information Technology, Health Care.
- Led 7 rounds in the past year.
- Typical check size: $320K – $1.9M.
Stage Focus
- Seed (43%)
- Series A (35%)
- Series Unknown (10%)
- Series B (6%)
- Series D (3%)
- Series C (1%)
- Pre Seed (1%)
Country Focus
- Japan (94%)
- United States (4%)
- Singapore (1%)
Industry Focus
- Software
- Information Technology
- Health Care
- Task Management
- Biotechnology
- Therapeutics
- Medical
- Saas
- E-commerce
- Pharmaceutical
Frequently Asked Questions
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