Participated · Series A · Mar 2026

Free Standard offers Retailor, a re-commerce operating system that allows brands and manufacturers to create branded secondary-market channels and manage end-to-end operations. Retailor supports creation of brand-specific reuse sites and provides semi-customizable services including product collection, authentication, maintenance, storage, photography, and listing. The company plans to deepen its supply-chain capabilities through collaboration with the Yamato Group to optimize logistics for re-commerce. It also intends to improve social messaging and experience design with support from investor D4V and to expand consumer touchpoints by partnering with Mitsubishi Estate and Mitsui Fudosan to bring re-commerce into physical commercial venues. Founded in 2020 and headquartered in Shibuya, Tokyo, Free Standard has raised a cumulative ¥1.37 billion through equity (including a Series A) and debt financing. The company has deployed Retailor with multiple major apparel brands and aims to mainstream brand-official re-commerce as a lifestyle option.

Participated · Series B · Aug 2025

T2 develops and operates autonomous driving trucks for long-distance trunk transportation, currently running commercial operations with its self-developed Level 2 trucks. The company is conducting safety verification using formal methods and has demonstrated roughly 500 km of non-steering driving on highways including toll-booth passages. From 2024 demonstrations, it has transported cargo for over 50 partner companies, and commercial operations that began July 1 last year have expanded to 23 customer companies. T2 plans to deploy Level 4 trunk transportation services from fiscal year 2027 and is building driver-switching hubs called “Transgate” near Ayase, Kobe, and Nishinomiya by spring 2026. Financially, the company has raised over ¥16.5 billion to date, including the ¥5 billion first close of its Series B, and says it will use the new proceeds to accelerate its business and technology development toward Level 4.

Participated · Series B · Jan 2024

BeBit, founded in March 2000 and based in Tokyo, provides digital transformation (DX) solutions focused on improving user experience (UX) through strategic planning, design and digital technologies. Its offerings include OmniSegment, an e-commerce-focused growth marketing solution launched in 2022 that recently added a generative AI function. The company delivers consulting and SaaS-integrated UX services and has expanded via acquisitions such as Taiwanese MarTech Omniscient Cloud Technologies (now BeBit Tech) and Malaysian OMO startup Tsunago. BeBit plans to use its latest funding to solidify its team structure, strengthen its solutions and recruit personnel. The acquisition of Tsunago is intended to support expansion of its consulting and SaaS-integrated UX business into Southeast Asia, with a focus on Singapore and Malaysia toward the global market. Advisors including Alphas CEO Hajime Hirose, Cinnamon AI Co-CEO Hajime Hotta and Datack CTO Yosuke Kimoto have joined the company.

Led · Series B · Jan 2020

CREXi is a Los Angeles–based commercial real estate marketplace, data and technology platform that integrates sales and leasing marketplaces with marketing, analytics and deal-management tools. Led by founder and CEO Mike DeGiorgio, the company aims to simplify the CRE process for brokers, buyers and tenants by eliminating manual processes, enhancing access to properties and enabling faster deal closings. CREXi offers broker services across sales, leasing and auction functions and provides buyer and tenant resources such as comparables and market intelligence. The platform reports six million users and has facilitated transactions on over 300,000 commercial listings totaling more than $1 trillion in property value. The company employs more than 125 people. It intends to use new funding to grow its core broker services and to accelerate refinement and expansion of buyer and tenant resources. CREXi offers a suite of tools that streamlines the entire commercial real estate (CRE) process, enabling brokers to find, manage and qualify leads, market properties, communicate in‑app, solicit and negotiate offers, run competitive bidding, and handle escrow and closings. The company has focused on digitizing CRE transactions to make the industry more liquid, transparent and easier to access. CREXi reports more than 100,000 properties brought to market on its platform, about 200,000 monthly users, and more than 6,000 properties listed each month; it manages roughly $450 billion in property value. The platform emphasizes an intuitive interface and collaboration with brokers and principals to blend technology with traditional CRE fundamentals. CREXi has been around since 2015 and is positioning itself to replace legacy manual processes like faxing and paper-based workflows. CREXi (Commercial Real Estate Exchange) operates a web-based marketplace designed to modernize commercial real estate dealmaking. The platform lets property owners, buyers and brokers list and search properties, view due diligence documents, schedule in-person tours, see listing analytics and submit offers. Its differentiator is a timed "best and final offers" trading capability that invites competing buyers to improve bids. CREXi positions itself as broker-friendly and is already used by brokerages including CBRE, Marcus & Millichap and Cushman & Wakefield. The site went live about three months before the article and had nearly 200 properties listed, totaling almost $800 million in value. CEO Michael DeGiorgio and Chief Product Officer Luke Morris, both formerly of Auction.com, lead the company. The team plans to add DocuSign integration to enable electronic signing of deal documents.

Participated · Equity · Nov 2018

Astroscale develops and operates on-orbit servicing technologies focused on rendezvous and proximity operations, satellite refueling, life-extension (including its LEXI-P spacecraft) and end-of-life disposal. The company is transitioning from technology demonstrations toward repeatable commercial and defense missions, with planned missions in Japan, the U.K. and the U.S., including a refueling mission for the U.S. Space Force and a LEXI-P life-extension mission targeted in fiscal 2028. Financially, Astroscale reported ¥11.5 billion in project income for fiscal 2026 and an operating loss of ¥10 billion, an improvement from the prior year, and it projects project income of ¥12.5–17 billion for fiscal 2027 with operating losses of ¥9–9.9 billion. To support scaling, Astroscale raised ¥30.6 billion in May via convertible bonds and equity and plans to deploy capital to expand production facilities, manufacture LEXI-P spacecraft and provide working capital. Management says the investments aim to establish supply capacity to support repeatable business early while pursuing mid- to long-term profitability and making on-orbit servicing more routine by 2030.