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Incubate Fund

Incubate Fund

Overview

Incubate Fund is a Tokyo-based venture capital firm that specializes in seed-stage investments across Japan, Asia, and global markets.

Year Founded

2010

AUM

$1B

Portfolio Companies

161

Investments

Incubate Fund investments
CompanyDateStageLead
NominalApr 2024SeedCo-investor
Captain FreshMar 2022Series CCo-investor
Genki RoboticsNov 2025SeedCo-investor
AI Medical Service Inc.Apr 2022Series CCo-investor
Linc'well Inc.Nov 2021Series CCo-investor
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Key People

Kazuki Notsu

Founder And Managing Director

Keisuke Wada

General Partner

Mauricio Omura

Incubate Fund Brazil General Partner

Paul McInerney

General Partner

Tohru Akaura

General Partner

Dave K.

Partner - Asia & Japan

Koki Tanaka

Seed Investor

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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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FAQ

Where is Incubate Fund based?

Incubate Fund is headquartered in Tokyo, Japan.

When was Incubate Fund founded?

Incubate Fund was founded in 2010.

How many portfolio companies does Incubate Fund have?

Incubate Fund has 161 portfolio companies in Caplight's dataset.

What are some companies in Incubate Fund's portfolio?

Portfolio companies visible on Caplight include Nominal, Captain Fresh, Genki Robotics, AI Medical Service Inc., Linc'well Inc..

What was Incubate Fund's most recent investment shown here?

Incubate Fund's most recent investment in this portfolio sample was in Genki Robotics in 2025.

What sectors does Incubate Fund focus on?

Incubate Fund focuses on Enterprise Software, Enterprise Software, Energy & Sustainability, Cybersecurity, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Energy & Sustainability, Consumer & Commerce, Media, Entertainment & Gaming, Crypto & Web3, Consumer & Commerce, Consumer & Commerce, Frontier & Industrial Tech, Real Estate & PropTech, Consumer & Commerce, Healthcare & Life Sciences, Consumer & Commerce, Mobility, Transportation & Logistics, Consumer & Commerce, Crypto & Web3, Real Estate & PropTech, Crypto & Web3, Media, Entertainment & Gaming, Consumer & Commerce, Enterprise Software, Enterprise Software, Real Estate & PropTech, Consumer & Commerce, Energy & Sustainability, Media, Entertainment & Gaming, Frontier & Industrial Tech, Energy & Sustainability, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Frontier & Industrial Tech, Consumer & Commerce, Enterprise Software, Consumer & Commerce, Healthcare & Life Sciences, Healthcare & Life Sciences, Real Estate & PropTech, Frontier & Industrial Tech, Healthcare & Life Sciences, Enterprise Software, Cybersecurity, FinTech, Energy & Sustainability, Consumer & Commerce, Frontier & Industrial Tech, Frontier & Industrial Tech, Consumer & Commerce, Consumer & Commerce, Frontier & Industrial Tech, Healthcare & Life Sciences, Frontier & Industrial Tech, Real Estate & PropTech, Enterprise Software, Consumer & Commerce, Frontier & Industrial Tech, FinTech, Enterprise Software, Healthcare & Life Sciences, Frontier & Industrial Tech, FinTech, Real Estate & PropTech, Energy & Sustainability, Enterprise Software, Cybersecurity, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Healthcare & Life Sciences, Enterprise Software, Enterprise Software, Consumer & Commerce, Media, Entertainment & Gaming, Enterprise Software, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Consumer & Commerce, Frontier & Industrial Tech, Consumer & Commerce, Frontier & Industrial Tech, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Energy & Sustainability, Frontier & Industrial Tech, Enterprise Software, Real Estate & PropTech, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Frontier & Industrial Tech, Healthcare & Life Sciences, Enterprise Software, Media, Entertainment & Gaming, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Energy & Sustainability, Consumer & Commerce, AI, Data & Cloud Infrastructure, Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Consumer & Commerce, Enterprise Software, FinTech, Consumer & Commerce, Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Frontier & Industrial Tech, Media, Entertainment & Gaming, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, FinTech, Healthcare & Life Sciences, Media, Entertainment & Gaming, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Consumer & Commerce, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, Media, Entertainment & Gaming, Crypto & Web3, Consumer & Commerce, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Consumer & Commerce, Consumer & Commerce, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Telecommunications & Networking, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, Mobility, Transportation & Logistics, Crypto & Web3, Enterprise Software, Enterprise Software, Media, Entertainment & Gaming, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Consumer & Commerce, FinTech, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Crypto & Web3, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, Energy & Sustainability, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Real Estate & PropTech, Enterprise Software, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Consumer & Commerce, Real Estate & PropTech, Mobility, Transportation & Logistics, Healthcare & Life Sciences, Enterprise Software, Mobility, Transportation & Logistics, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Consumer & Commerce, Consumer & Commerce, Frontier & Industrial Tech, Enterprise Software, Mobility, Transportation & Logistics, Frontier & Industrial Tech, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Mobility, Transportation & Logistics, Consumer & Commerce, Frontier & Industrial Tech, Energy & Sustainability, Real Estate & PropTech, Enterprise Software, Enterprise Software, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Frontier & Industrial Tech, FinTech, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Frontier & Industrial Tech, Enterprise Software, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Consumer & Commerce, Enterprise Software, Enterprise Software, Enterprise Software, Real Estate & PropTech, AI, Data & Cloud Infrastructure, Consumer & Commerce, Mobility, Transportation & Logistics, Consumer & Commerce, Enterprise Software, Healthcare & Life Sciences, Energy & Sustainability, Enterprise Software, Media, Entertainment & Gaming, Enterprise Software, Consumer & Commerce, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Media, Entertainment & Gaming, Telecommunications & Networking, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software, Mobility, Transportation & Logistics, Energy & Sustainability, Frontier & Industrial Tech, Energy & Sustainability, Mobility, Transportation & Logistics, AI, Data & Cloud Infrastructure, Consumer & Commerce, Real Estate & PropTech, Consumer & Commerce, AI, Data & Cloud Infrastructure, Enterprise Software, Energy & Sustainability, Mobility, Transportation & Logistics, Consumer & Commerce, Mobility, Transportation & Logistics, Frontier & Industrial Tech, Mobility, Transportation & Logistics, FinTech, FinTech, Energy & Sustainability, Healthcare & Life Sciences, Enterprise Software, Consumer & Commerce, Enterprise Software, Enterprise Software.

What company stages does Incubate Fund focus on?

Incubate Fund typically invests at the Early stage.

What is Incubate Fund's AUM?

Incubate Fund's assets under management are estimated between $1.5B and $1.5B.

Firmographic Details

HeadquartersTokyo
Year Founded2010
AUM$1B

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