Mizuho Capital
1-2-1 Uchisaiwaicho, Nittochi Uchisaiwaicho Bldg. 6F, Tokyo, Chiyoda-ku, 100-0011, Japan
Overview
Mizuho is the venture capital firm affiliated to Mizuho Bank, the second-largest Japanese bank in terms of assets. The firm has headquarters in Tokyo. The firm has ¥49.6 billion JPY under management, focusing on information technology and biotechnology investments. Over 600 Mizuho companies have gone public. According to Nikkei, Mizuho is the fifth-largest venture capital firm in Japan. Mizuho Capital was formed in 2002 by the merger of Fujigin Capital, Tokyo Venture Capital and IBJ Investment. Three firms were subsidiaries of Fuji Bank, Dai-Ichi Kangyo Bank and the Industrial Bank of Japan respectively.
- Total investments
- 74
- Lead investments
- 7
- Investments · 12mo
- 21
- Active investors
- 2
Sector focus
- Biotechnology
- Financial Services
- FinTech
- Social Media
- Venture Capital
Investment portfolio
- bestat
Participated · Series A · Jul 2026
bestat develops 3D.Core, an industrial 3D data platform that enables acquisition, generation, processing, and utilization of 3D models for manufacturing and infrastructure sectors. The company originated in the Matsuo Laboratory at the University of Tokyo and was founded in 2018 by Representative Director Naoko Matsuda. bestat positions its mission as connecting the physical and digital worlds by creating a common language through high-precision spatial data to optimize industrial processes. Following the Series A equity raise of ¥310 million, the company plans to accelerate development of its core algorithms and expand the global reach of its digital twin and physical AI solutions. It also intends to increase the number of strategic partners involved in co-creating industrial 3D data use cases. The company is headquartered in Minato-ku, Tokyo.
- Triorb
Participated · Series B · Jun 2026
Triorb develops the TriOrb BASE, a ball-driven 360° omnidirectional mobility platform that uses three spheres and three motors at its base to achieve full-direction movement. The platform offers millimeter-level positioning and autonomous navigation via proprietary Visual SLAM and ROS2 modules and supports coordinated transport of multiple units. The standard model has a 300 kg payload capacity while a heavy-duty model carries up to 800 kg; the system can traverse 45 mm grooves, 10 mm steps, and gradients of approximately 9°. An optional battery provides about 3.5 hours of continuous operation. Target industries include automotive, semiconductors, steel manufacturing, warehousing and logistics, and construction, and a cited adoption example is Sugino Machine’s new mobile manipulator. The company has opened a Detroit base to support U.S. expansion.
- OpenHeart
Participated · Series A · May 2026
OpenHeart operates the 3D platform TAVIO and runs a related offering called TAVIO STUDIO. The company is headquartered in Minato-ku, Tokyo, and is led by president and CEO Koji Watanabe. Following the May 2026 pre-Series A financing, OpenHeart plans to use the proceeds to strengthen TAVIO's platform foundation and to accelerate TAVIO STUDIO's operations. The article does not disclose revenue, user counts, or prior funding rounds. The financing was structured as a third-party allotment to multiple venture capital firms and corporate investors, totaling about ¥220 million.
- Graphenory
Participated · Seed · May 2026
Graphenory conducts research, development, manufacturing, and sales of optical devices that utilize graphene, drawing on foundational research by Professor Hideyuki Maki of Keio University. Its technology aims to realize graphene optical devices that can operate on semiconductors. The company is developing products including infrared light sources, analytical sensing devices, and optoelectronic fusion devices. Reported target application areas include the semiconductor industry, information and communication, data centers, AI-related fields, quantum technology, and biomedical sectors. Graphenory completed the Keio University Startup Incubation Program (KSIP) and was founded on October 1, 2024. Following its seed A5240 million raise, the company plans to use the proceeds to accelerate hiring and advance technology development as it pursues practical applications and broader market expansion.
- Magic Shields
Participated · Series B · Apr 2026
Magic Shields develops solutions aimed at preventing falls and fractures among older adults, promoted under the name "ころやわ." The company is headquartered in Hamamatsu, Shizuoka and is led by CEO Akiji Shimomura. In the announced financing, Magic Shields raised additional equity and debt capital, indicating an effort to scale or sustain operations. The latest funding comprises ¥1.03 billion in equity and ¥250 million in bank loans, totaling ¥1.28 billion in new capital. The company named WPower Fund and JIC Venture Growth Investments as lead/co-lead investors in the equity round. The announcement does not disclose revenue, user metrics, or detailed use of proceeds beyond describing the money as additional funds.
Team
Keisuke Omori
投資マネージャー
LinkedInYusuke Kitagawa