Participated · Series E · Apr 2026

Brave group is an IP production company centered on VTuber talent and related businesses, operating projects including ぶいすぽっ！, HIMEHINA, and Neo-Porte. The company has pursued international expansion into English-speaking markets, Korea, and China. Founded in October 2017, Brave group has raised cumulative funding of about ¥14 billion to date. Its business spans talent management, streaming activities, music production, live events, and merchandise production as part of broader IP commercialization. Following the Series E financing, GREE Holdings (via REALITY) became the company's largest shareholder, strengthening a strategic partnership. Brave group plans to use new proceeds to accelerate global expansion, diversify IP businesses, invest in technology, and pursue strategic M&A.

Led · Series A · Mar 2026

WineBank operates a WineTech platform that centralizes purchase, custody and sale of authenticated fine wines, launching its cloud-based WineBank service in 2022. In 2025 the company released a WineBank marketplace enabling C2C fine-wine transactions and in July 2025 launched a paid membership service, WineBank CLUB, to offer members restaurant-level wine experiences and exclusive benefits. The business is organized around four pillars: WineTech, restaurant and wholesale, membership club, and EC/retail, and the group expanded in 2024 by bringing the long-established grand maison Apicius into the group and opened Bistro&Bar WineBank terrace in Tokyo Midtown in July 2025. WineBank operates EC retail under the 'Aoyama Wine Market' brand and leverages a 55-year heritage from the predecessor business it succeeded in 2022. The company currently reports a group network of 24 restaurants and aims to grow total wine holdings to ¥10 billion as part of its distribution-scale objectives. WineBank has disclosed capital of ¥437,169 thousand (including capital surplus) and lists shareholders including Money Forward Venture Partners (HIRAC FUND2), Private BANK, Vector, Terada Soko, individual investors and management.

Participated · Series A · Mar 2026

relay operates an 'open-name' business succession platform that publicly profiles business owners and their stories to attract successors through empathy-driven matching. Launched in 2020 and headquartered in Miyazaki, the service has published about 800 successor recruitment listings and produced roughly 170 matchings, with reported top commercial matchmaking metrics in Japan for 2020–2024. The company has expanded partnerships with municipalities via programs such as "relay the local," driving substantial growth in local collaboration and third-party succession matches. relay plans to deepen municipal collaboration, increase successor-article publication, develop features tailored for small businesses, and create infrastructure to bring engaged population into regions. Financially, relay has raised a total of ¥740 million to date (including the ¥340 million Series A) and has supplemented equity with debt financing from regional banks to support its expansion. The company is also actively hiring across business, operations, and coordination functions to scale its regional implementation.

Led · Series B · Dec 2025

CI Partners provides developmental and after-school day services for children with disabilities as well as employment support services for people with disabilities, aiming to deliver seamless assistance from childhood through adulthood. The company has crafted a unique operational model that centralizes headquarters functions while optimizing on-site operations to maintain service quality at scale. Founded in November 2015 by CEO Takashi Iezumi—who drew on personal experience as a parent of a child with disabilities and from roles in corporate HR and welfare-facility management—CI Partners seeks to bridge gaps in Japan’s disability support ecosystem. To accelerate growth, the firm is pursuing a nationwide roll-up strategy, acquiring existing facilities to expand into regional cities. Management plans to allocate newly raised capital to business-succession funds that will finance these acquisitions and rapidly establish a high-quality service network nationwide. While the company has not disclosed revenue or user figures, it positions itself as a consolidator in the fragmented disability support sector. Future plans center on building a "total support" platform that accompanies clients from early childhood development through workplace integration.

Participated · Series C · Dec 2025

Founded in April 2021, Tokyo-based Manpuku Holdings specializes in inheriting and scaling small and mid-sized food businesses facing succession issues, pledging not to resell the acquired companies but to grow them within its group. In roughly four and a half years the company has rolled up 14 firms (13 domestic, 1 U.S.) across the meat, fish, bento and restaurant value chain, organizing them into four regional "Area Republics" to share procurement, logistics and know-how. This model has lifted consolidated annual sales to about ¥11 billion (≈US$110 million) and expanded headcount to roughly 1,800 employees, while improving inherited companies’ operating cash flow and productivity. Future plans include deeper reinvestment in the 14 existing subsidiaries, accelerated domestic roll-ups (including “small roll-ups” led by portfolio firms), and overseas expansion through newly formed Manpuku USA. The firm will also bolster back-office, data, and HR systems to support long-term growth. Manpuku’s mission is to preserve Japan’s food culture and regional employment under the banner “『うまい』でこの星をしあわせ一杯に.”