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Mizuho Capital

Asia, Tokyo, Japan, Tokyo

Description

Mizuho Capital Co., Ltd. is a prominent venture capital firm based in Tokyo, Japan, operating as a wholly-owned subsidiary of the Mizuho Financial Group, one of Japan's largest financial institutions. Established with the mission to foster the growth of innovative companies, Mizuho Capital leverages its deep financial expertise and extensive network to support startups across various stages. The firm plays a crucial role in the Japanese startup ecosystem, providing not only capital but also strategic guidance and access to the broader Mizuho Group's resources.

The firm's investment strategy is broad, encompassing companies from early-stage development through to their initial public offering (IPO) or merger and acquisition (M&A). Mizuho Capital primarily focuses on sectors poised for significant growth and innovation, including information technology (IT), biotechnology, healthcare, environment and energy, and advanced materials. Their long-standing commitment to nurturing new businesses is evident in their impressive track record: as of March 2023, Mizuho Capital had supported a remarkable 1,079 companies since its inception. This extensive portfolio includes 401 companies that have successfully achieved an IPO and 106 companies that have completed M&A transactions, demonstrating their significant impact on the Japanese economy.

Mizuho Capital distinguishes itself by offering comprehensive support beyond mere financial investment. They provide management assistance, facilitate business partnerships, and aid in public relations and human resource development, aiming to maximize the potential of their portfolio companies. Their typical first cheque sizes range significantly, reflecting their multi-stage investment approach. This strategic and supportive approach solidifies Mizuho Capital's position as a key player in Japan's venture capital landscape, contributing to the development of cutting-edge technologies and services.

Investor Profile

Mizuho Capital has backed more than 124 startups, with 43 new investments in the last 12 months alone. The firm has led 6 rounds, about 5% of its total and boasts 62 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Series Unknown, Series B rounds (top funding stages).
  • Majority of deals are located in Japan, United States, Australia.
  • Strong thematic focus on Information Technology, Software, Internet.
  • Led 2 rounds in the past year.
  • Typical check size: $345K – $4.8M.

Stage Focus

  • Series A (27%)
  • Series Unknown (23%)
  • Series B (19%)
  • Seed (9%)
  • Series C (9%)
  • Series D (6%)
  • Debt Financing (4%)
  • Corporate Round (1%)
  • Private Equity (1%)

Country Focus

  • Japan (91%)
  • United States (5%)
  • Australia (1%)
  • Singapore (1%)
  • Brazil (1%)
  • Portugal (1%)
  • China (1%)

Industry Focus

  • Information Technology
  • Software
  • Internet
  • Artificial Intelligence (Ai)
  • Financial Services
  • Health Care
  • Manufacturing
  • Marketing
  • Apps
  • Task Management
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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 Mizuho Capital frequently co-invest with?

Resona Capital
Asia, Tokyo, Japan, Koto
Co-Investments: 9
SMBC Venture Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 45
SBI Investment
Asia, Chiba, Japan, Minato
Co-Investments: 12
Global Brain Corporation
Asia, Tokyo, Japan, Tokyo
Co-Investments: 9
JAFCO
Asia, Tokyo, Japan, Tokyo
Co-Investments: 13
Salesforce Ventures
North America, California, United States, San Francisco
Co-Investments: 8
WiL (World Innovation Lab)
North America, California, United States, Palo Alto
Co-Investments: 8
Mitsubishi UFJ Capital
Asia, Tokyo, Japan, Tokyo
Co-Investments: 35
Shoko Chukin Bank
North America, New York, United States, New York
Co-Investments: 8
DNX Ventures
North America, California, United States, San Mateo
Co-Investments: 13

Which angels does Mizuho Capital often collaborate with?

Nobuhiro Ariyasu
Asia, Tokyo, Japan, Tokyo
Shared Deals: 1
NA
North America, California, United States, San Francisco
Shared Deals: 1
Shared Deals: 1
MU
North America, California, United States, Palo Alto
Shared Deals: 1
Yasumasa Manabe
Asia, Tokushima, Japan, Tokushima
Shared Deals: 1
Water Cheung
Asia, Hong Kong
Shared Deals: 1
ME
Asia, Hong Kong Island, Hong Kong, Hong Kong
Shared Deals: 1
Shared Deals: 1
ER
North America, Illinois, United States, Chicago
Shared Deals: 1
Varun Bery
Asia, Hong Kong Island, Hong Kong, Hong Kong
Shared Deals: 1

What are some of recent deals done by Mizuho Capital?

Enerbank Japan

Tokyo, Tokyo, Japan

Enerbank is a development and operation of electric power auction system.

ContentEnergyEnvironmental ConsultingSocial Media
Series BNov 27, 2025
Amount Raised: $5,246,724
Turing

Higashi-shinagawa, Tokyo, Japan

Turing develops and manufactures autonomous vehicles.

AutomotiveAutonomous VehiclesElectric VehicleManufacturing
Series ANov 17, 2025
Amount Raised: $63,154,044
Ocean

Tokyo, Tokyo, Japan

Ocean is a company promoting digital transformation in tax-free and shopping experiences

Artificial Intelligence (AI)Business DevelopmentDigital Marketing
SeedNov 12, 2025
IVRy

Tokyo, Tokyo, Japan

IVRy is a technology company that develops a cloud-based telephone interactive response service to maximize the value of human work.

Cloud InfrastructureInformation TechnologySoftwareTelecommunications
Series DNov 6, 2025
Amount Raised: $25,994,133
StartPass

Tokyo, Tokyo, Japan

StartPass is an IT firm that provides startups with a cloud-based management acceleration platform to solve problems.

Cloud ManagementInformation Technology
SeedNov 5, 2025
Amount Raised: $1,426,182
Umami United

Singapore, Central Region, Singapore

Umami United is a food-tech company that researches, develops, and sells plant-based egg products.

AgricultureAgTechFood and BeverageFood ProcessingPlant-Based Foods
SeedOct 27, 2025
Amount Raised: $20,263,636
Mokable

Tokyo, Tokyo, Japan

MOKABLE offers "eating coffee," using finely ground beans to deliver rich aroma and full flavor experience.

CoffeeConsumer GoodsE-CommerceRetail
SeedOct 7, 2025
Amount Raised: $987,534
Lavol

Setagaya, Tokyo, Japan

Lavol will promote widespread use of money, which is the payment for valuable labor, and create a society.

Series UnknownSep 18, 2025
Amount Raised: $6,796,820
Metagen Therapeutics

Tsuruoka, Yamagata, Japan

Metagen Therapeutics is a drug discovery and medical business company that utilizes microbiome science.

BiotechnologyClinical TrialsMedicalTherapeutics
Series BSep 8, 2025
Amount Raised: $15,690,352
Goals

Tokyo, Tokyo, Japan

Goals specializes in development, sales and operational support for cloud services for food service companies.

Artificial Intelligence (AI)Food and BeverageSupply Chain Management
Series BAug 6, 2025
Amount Raised: $9,023,128