The Venture Codex Logo

The Venture Codex

Delight Ventures

1-4 Sakuragaoka-cho, Shibuya-ku, Shibuya Sakura Stage SHIBUYA TOWER 7th floor, Tokyo, 150-6207, Japan

Overview

Venture capital firm supporting global entrepreneurship in Japan.

Founded

2019

Deals ยท 12mo

9

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Japan

Sector focus

Venture Capital

Investment portfolio

27rounds
NAMEDATESIZE
10pct.
Sep 2026Participated
$3 MSeries A
OptQC
Aug 2026Participated
$44 MSeries A
CUSTA
Mar 2026Led
$4 MSeries A
Asterminds
Mar 2026Led
$0.70 MSeed
Sotas
Feb 2026Participated
$7 MSeries A
VALANCE
Feb 2026Led
$2 MSeed
Shippio
Oct 2025Participated
$21 MSeries C
OptQC
Oct 2025Participated
$10 MSeries A
CraftBank
Oct 2025Participated
$25 MSeries B
OptQC
Jan 2025Participated
$4 MSeed
Mirai no Genba
Jul 2024Participated
$1 MSeed
Woodstock
May 2024Led
$3 MOther Equity
10pct.
Sep 2026Participated
$3 MSeries A
OptQC
Aug 2026Participated
$44 MSeries A
CUSTA
Mar 2026Led
$4 MSeries A
Asterminds
Mar 2026Led
$0.70 MSeed
Sotas
Feb 2026Participated
$7 MSeries A
VALANCE
Feb 2026Led
$2 MSeed
Shippio
Oct 2025Participated
$21 MSeries C
OptQC
Oct 2025Participated
$10 MSeries A
CraftBank
Oct 2025Participated
$25 MSeries B
OptQC
Jan 2025Participated
$4 MSeed
Mirai no Genba
Jul 2024Participated
$1 MSeed
Woodstock
May 2024Led
$3 MOther Equity
27
Items
...
Browse all public portfolio deals

Insights

Time horizon

View by

Deal Distribution

Delight Ventures: 27 funding rounds are recorded in the selected participation categories.All available history.
Delight Ventures: 27 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed28
Series A28
Series B03
Series C+02
Other Equity11

Monthly Deal Activity

Delight Ventures: 27 deals are recorded across 75 months.All available history.
Delight Ventures: 27 deals are recorded across 75 months. All available history
MonthDeals
Aug '201
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '221
May '220
Jun '220
Jul '220
Aug '221
Sep '222
Oct '220
Nov '220
Dec '220
Jan '231
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '231
Oct '231
Nov '231
Dec '231
Jan '241
Feb '241
Mar '241
Apr '240
May '242
Jun '240
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '251
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '253
Nov '250
Dec '250
Jan '260
Feb '262
Mar '262
Apr '260
May '260
Jun '260
Jul '260
Aug '261
Sep '261
Oct '260

Sector Breakdown

Delight Ventures: Enterprise Software is the largest displayed sector by deal count (10 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Delight Ventures: Enterprise Software is the largest displayed sector by deal count (10 deals). All available history
SectorDeals
Enterprise Software10
Professional Services10
Networks, Cloud & Communication8
Space & Frontier Tech6
AI & Machine Learning5
Data, Analytics & IT4
Real Estate & Construction4
Manufacturing4
Social & Community Platforms4
Transportation & Logistics3
Hardware & Robotics3
Fintech3
Travel & Hospitality2
Clean Energy & Sustainability2
Marketing & Advertising2
E-Commerce & Retail1
Cybersecurity & Privacy1
Consumer & Lifestyle1
Media & Entertainment1
Health & Life Sciences1

Deal Size Distribution

Delight Ventures: 27 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Delight Ventures: 27 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M16
$5M-$10M4
$10M-$25M5
$25M-$50M2
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Delight Ventures: Japan has the largest recorded deal count among the displayed regions (25 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Delight Ventures: Japan has the largest recorded deal count among the displayed regions (25 deals). All available history
RegionDeals
Japan25
United States1
Malaysia1
Delight Ventures: 20 co-investors are shown, with Mitsubishi UFJ Capital sharing 9 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Delight Ventures: 20 co-investors are shown, with Mitsubishi UFJ Capital sharing 9 recorded deals. All available history
Co-investorShared deals
Mitsubishi UFJ Capital9
DNX Ventures8
Global Brain5
Mizuho Capital4
SMBC Venture Capital4
ANRI3
Japan Science and Technology Agency3
Nissay Capital3
ALL STAR SAAS FUND2
Angel Bridge2
Aozora Corporate Investment2
Archetype Ventures2
CyberAgent Capital2
Environmental Energy Investment2
Globis Capital Partners2
Itochu Technology Ventures2
KDDI2
Mitsui Sumitomo Insurance Venture Capital2
Mobile Internet Capital2
One Capital2

Investment Strategy

Delight Ventures: Led accounts for 19% and participating for 81% of round participation.All available history.
Delight Ventures: Led accounts for 19% and participating for 81% of round participation. All available history
CategoryDeals (count)Share (%)
Led519%
Participating2281%
Delight Ventures: Single-lead accounts for 60% and co-led for 40% of lead dynamics.All available history.
Delight Ventures: Single-lead accounts for 60% and co-led for 40% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead360%
Co-led240%

Team

Bando Ryo

Principal

Dai Watanabe

Co-Founder and Managing Partner

Kentaroh Nagahara

Principal

Masato Ushio

Director, Global Strategy

Tomoko Namba

Managing Partners