
Mistletoe
Description
Mistletoe, founded by visionary entrepreneur Taizo Son, brother of SoftBank's Masayoshi Son, distinguishes itself as a "collective impact community" rather than a conventional venture capital firm. Based in Tokyo, Japan, Mistletoe operates with a profound mission to address global challenges and foster a sustainable future through innovation. Its unique approach combines investment with hands-on support, mentorship, and the cultivation of a collaborative ecosystem, reflecting Son's philosophy of nurturing groundbreaking ideas that can create significant societal value. This model sets it apart from typical financial investors, emphasizing long-term impact over short-term returns.
The firm's investment thesis is exceptionally broad, spanning a diverse array of sectors critical for future development. Mistletoe actively seeks out "moonshot" projects in areas such as artificial intelligence, robotics, biotechnology, healthcare, sustainable energy, space technology, and smart cities. Its global footprint means it invests in startups not only within Japan but across the world, demonstrating a commitment to universal solutions. Mistletoe often co-invests with other leading venture capital firms and strategic partners, leveraging collective expertise and resources to amplify the potential of its portfolio companies.
Mistletoe's engagement extends beyond capital provision; it is deeply involved in nurturing the entrepreneurial journey. They provide learning opportunities and access to a network of experts, fostering an environment where startups can thrive. Their investment strategy is flexible, accommodating various stages from early seed rounds to more mature growth-stage companies. While their check sizes can vary significantly depending on the stage and needs of the venture, typical first investments often range from approximately $500,000 for early-stage ventures to around $5,000,000 for more developed opportunities. Taizo Son's impressive track record, including the successful acquisition of GungHo Online Entertainment for over $1.5 billion, underpins Mistletoe's strategic vision and capacity to support ambitious projects. Mistletoe has built a substantial portfolio, having invested in over 100 companies globally, showcasing its widespread influence and commitment to diverse innovations.
Investor Profile
Mistletoe has backed more than 40 startups, with 1 new investments in the last 12 months alone. The firm has led 8 rounds, about 20% of its total and boasts 6 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Series A, Seed, Series Unknown rounds (top funding stages).
- Majority of deals are located in United States, Japan, India.
- Strong thematic focus on Software, E-Commerce, Recycling.
- Typical check size: $500K – $5M.
Stage Focus
- Series A (30%)
- Seed (30%)
- Series Unknown (13%)
- Series B (10%)
- Series C (8%)
- Pre Seed (5%)
- Series D (3%)
- Equity Crowdfunding (3%)
Country Focus
- United States (40%)
- Japan (18%)
- India (18%)
- Estonia (8%)
- United Kingdom (5%)
- Latvia (5%)
- Australia (3%)
- Hong Kong (3%)
- Germany (3%)
Industry Focus
- Software
- E-commerce
- Recycling
- Agtech
- Sales
- Waste Management
- Information Technology
- B2b
- Marketing
- Supply Chain Management
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.