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Mitsui & Co

Asia, Tokyo, Japan, Tokyo

Description

Mitsui & Co., Ltd. is a prominent Japanese sogo shosha, a general trading and investment company with a vast global network and diverse business interests spanning energy, chemicals, metals, machinery, infrastructure, and more. Beyond its traditional trading activities, Mitsui & Co. is an active corporate venture capital (CVC) investor, strategically deploying capital into innovative startups worldwide. Its venture investments are not purely financial but are deeply integrated with its long-term corporate strategy, aiming to identify and foster new business opportunities, gain insights into emerging technologies, and create synergies with its existing extensive portfolio of businesses. Mitsui & Co. reported a consolidated profit of JPY 1,067.5 billion (approximately $7.2 billion USD) for the fiscal year ended March 31, 2023, underscoring its immense financial capacity and strategic investment capabilities.

Mitsui's venture capital activities are primarily conducted through its dedicated arm, Mitsui & Co. Global Investment, Inc. (MGI), among other direct strategic investments. MGI focuses on early to growth-stage companies, typically participating in Series A, B, and C rounds. The firm's investment thesis often revolves around disruptive technologies and business models that align with Mitsui's core sectors or represent future growth pillars. Key areas of interest include digital transformation, AI, IoT, healthcare, fintech, mobility, sustainable technologies, and next-generation infrastructure. Mitsui & Co. Global Investment, Inc. (MGI), has built a diverse portfolio of over 100 companies since its inception, reflecting its consistent engagement in the venture ecosystem.

For its typical first venture cheques, Mitsui & Co. Global Investment generally commits between $1 million and $10 million, depending on the stage of the company and the specific round dynamics. This range allows them to be a meaningful participant in early to mid-stage funding rounds. Beyond capital, Mitsui offers significant strategic value to its portfolio companies. Startups gain access to Mitsui's unparalleled global network of subsidiaries, partners, and customers across various industries and geographies. This can facilitate market entry, business development, and strategic partnerships, accelerating the growth and commercialization of innovative technologies. Mitsui's deep industry knowledge and operational experience also provide valuable guidance and support to founders navigating complex global markets.

Investor Profile

Mitsui & Co has backed more than 94 startups, with 8 new investments in the last 12 months alone. The firm has led 25 rounds, about 27% of its total and boasts 54 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series Unknown, Series C, Series B rounds (top funding stages).
  • Majority of deals are located in United States, Japan, Israel.
  • Strong thematic focus on Software, Biotechnology, Information Technology.
  • Led 4 rounds in the past year.
  • Typical check size: $1M – $10M.

Stage Focus

  • Series Unknown (18%)
  • Series C (17%)
  • Series B (17%)
  • Series A (14%)
  • Series D (7%)
  • Private Equity (6%)
  • Corporate Round (4%)
  • Series E (3%)
  • Post Ipo Equity (3%)
  • Series F (2%)

Country Focus

  • United States (46%)
  • Japan (13%)
  • Israel (5%)
  • India (5%)
  • Canada (4%)
  • France (4%)
  • Kenya (3%)
  • United Kingdom (2%)
  • Singapore (2%)
  • The Netherlands (2%)

Industry Focus

  • Software
  • Biotechnology
  • Information Technology
  • Health Care
  • Energy
  • Renewable Energy
  • Saas
  • Enterprise Software
  • Internet
  • Manufacturing
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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 Mitsui & Co frequently co-invest with?

SMBC Venture Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
Goldman Sachs
North America, New York, United States, New York
Co-Investments: 3
International Finance Corporation
North America, District of Columbia, United States, Washington
Co-Investments: 4
New Enterprise Associates
North America, California, United States, Menlo Park
Co-Investments: 6
Mizuho Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 4
Temasek Holdings
Asia, Central Region, Singapore, Singapore
Co-Investments: 5
WiL (World Innovation Lab)
North America, California, United States, Palo Alto
Co-Investments: 3
Sapphire Ventures
North America, Texas, United States, Austin
Co-Investments: 3
Intel Capital
North America, California, United States, Santa Clara
Co-Investments: 4
Khosla Ventures
North America, California, United States, Menlo Park
Co-Investments: 3

Which angels does Mitsui & Co often collaborate with?

AS
North America, California, United States
Shared Deals: 1
Vijay Shekhar Sharma
Asia, Delhi, India, New Delhi
Shared Deals: 3
Kris Gopalakrishnan
Asia, Karnataka, India, Bengaluru
Shared Deals: 1
SN
North America, California, United States, San Mateo
Shared Deals: 1
OT
North America, New York, United States, New York
Shared Deals: 1
Shared Deals: 1
RT
North America, Texas, United States, Houston
Shared Deals: 4
Pravin Gandhi
Asia, Maharashtra, India, Mumbai
Shared Deals: 1

What are some of recent deals done by Mitsui & Co?

Kaer

Mumbai, Maharashtra, India

Kaer creates, instals, and maintains cooling systems for commercial and industrial buildings throughout Asia.

Commercial Real EstateProfessional Services
UndisclosedApr 15, 2025
Amount Raised: $350,000,000
Mainstream Renewable Power

Sandyford, Dublin, Ireland

Mainstream Renewable Energy provides project design and management services for renewable and alternative energies.

EnergyOil and GasRenewable Energy
Debt FinancingApr 3, 2025
Amount Raised: $271,000,000
Ceva Santé Animale

Libourne, Aquitaine, France

Ceva Sante Animale is a veterinary health company focused on the research, development, production and marketing of pharmaceutical products.

Animal FeedBiotechnologyCannabisClinical TrialsPharmaceuticalVeterinary
Private EquityMar 31, 2025
Derit Seeds

Tianjin, Guangdong, China

Dereit is a seed research and development company that focuses on breeding research and promotion of cucumber and melon varieties.

AgricultureBiotechnologyFarming
Secondary MarketMar 19, 2025
Amount Raised: $67,710,818
Hexagon Purus

Ålesund, More og Romsdal, Norway

Hexagon Purus is a supplier of clean energy technology that enables zero emission mobility.

Clean EnergyEnergyRenewable Energy
Post Ipo EquityOct 30, 2024
Amount Raised: $91,203,429
Numa

Oakland, California, United States

Numa is an AI platform for automotive dealerships, focusing on automating appointment bookings and improving customer engagement.

Artificial Intelligence (AI)Information TechnologyInternetSales AutomationSoftware
Series BOct 1, 2024
Amount Raised: $32,000,000
Tasco Auto

Hanoi, NA - Vietnam, Vietnam

Tasco Auto is a division of Tasco, a provider of automobile distribution and intelligent transportation infrastructure.

Automotive
Corporate RoundAug 16, 2024
unspun

San Francisco, California, United States

Unspun is a fashion-tech company creating 3D weaving technology for apparel.

3D TechnologyApparelFashionIndustrial AutomationSoftwareTextiles
Series BJul 29, 2024
Amount Raised: $32,000,000
Nouveau Monde Graphite

Montréal, Quebec, Canada

Nouveau Monde is developing its operations with the highest environmental standards.

ManufacturingMiningNatural Resources
Post Ipo EquityFeb 15, 2024
Amount Raised: $87,500,000
Quantinuum

Broomfield, Colorado, United States

Quantinuum accelerates quantum computing and the development of applications across chemistry, cybersecurity, finance, and optimization.

Cyber SecurityQuantum ComputingSoftware Engineering
Corporate RoundJan 15, 2024
Amount Raised: $300,000,000