Participated · Series C · Aug 2025

TERASS operates in the proptech sector, aiming to modernize Japan’s real-estate brokerage market and enhance customer experiences. The company says the Series C raise will accelerate structural reform and service evolution in property intermediation. TERASS closed a ¥3.1 billion Series C round that included an ¥1.1 billion secondary transaction. After this round, its cumulative funding since Series A stands at ¥4.26 billion. The company’s investors span strategic corporate VCs, financial institutions, and real-estate–focused funds. No founding year or location details are provided in the article.

Participated · Series A · Jan 2024

エーテンラボ operates the habit‑formation app Minchalle (みんチャレ), which uses a patented “digital peer support” method to help users start and sustain healthy habits. The app organizes anonymous five‑person teams that encourage each other via chat and offers a premium plan; cumulative users reached 1.4 million as of December 2023. The company has launched two B2B lines: a municipal program for frailty prevention and digital‑divide reduction (deployed in 29 municipalities since launch) and a corporate/health‑insurer smoking‑cessation program. The smoking program has enrolled 1,403 participants with a reported smoking‑cessation success rate of 52% (January 2024), and estimates material medical‑cost savings. Minchalle also released a ChatGPT‑based habit assistant beta and aims to further scale adoption among municipalities and corporate clients. The company intends to use recent funding to strengthen hiring for its corporate business and to pursue its stated impact goal of addressing aging‑society challenges while growing economically.

Led · Equity · Nov 2023

Singapore Life Holdings (Singlife) is the firm referenced in the article. Japan’s Sumitomo Life Insurance Company increased its stake in Singlife. Sumitomo Life provided a capital injection of about $133 million. The article does not provide operational details, product descriptions, user metrics, or revenue figures for Singlife. No future plans, use of proceeds, or additional financial information were disclosed in the article. Singapore Life is a 100% digital insurance firm whose services include life insurance, family coverage, endowment plans, wealth portfolio services and digital-focused products such as an activity tracker, a chatbot service and flash sales. The company was founded in 2014 by Walter de Oude, secured a license from the Monetary Authority of Singapore in 2017, went live later that year and expanded by acquiring Zurich Life Singapore’s business portfolio. It raised $33M across two investments—$20M from NYSE-listed Aflac Investment and $13M from Aberdeen Standard Investments—bringing total funding to $97M to date, which includes a $50M Series A last year. Both new deals are described as strategic: Aflac has a reinsurance agreement on certain protection products, while Aberdeen is exploring opportunities to bring asset management expertise to a broader regional client base. With the new capital, Singapore Life plans to begin expanding into other Southeast Asian markets and additional verticals over the coming year, though no specific markets were named. The company competes with traditional insurers and digital rivals including CXA Asia, Bowtie and OneDegree. Singapore Life is an insurtech startup led by CEO Walter de Oude and Executive Chairman Ray Ferguson. The company has applied to the Monetary Authority of Singapore for a direct life insurance license and its Series A closing is conditional on that approval. Subject to approval, Singapore Life intends to offer universal life products, standalone term insurance with associated riders, investment-linked plans and wrappers, and endowment assurance. It raised $50m in Series A funding and will use the funds to continue to develop its products. Backers named in the round include Credit China FinTech, which invested US$21.3m through its subsidiary Impact Capital Holdings for an approximately 33.8% stake, and UK-based investment firm IPGL. The company is positioning itself to enter the life-insurance market pending regulatory clearance.

Participated · Equity · Jul 2019

DeCurret provides financial services involving transactions and settlements of digital currency and operates a virtual currency exchange service. The company positions itself as the “Main Bank of Digital Currency” and intends to extend its services beyond virtual currency to broader digital currency use. DeCurret is developing a new settlement platform designed to enable real-time, direct exchange of value with superior traceability, aiming to reduce social costs and invigorate economic activity. To accelerate that development it is acquiring corporate partnerships and strengthening its development system. Following a private placement that raised ¥3.4 billion, the company’s capital (including capital reserve) stands at ¥8.63 billion. Founded in January 2018 and based in Chiyoda-ku, Tokyo, DeCurret is an equity-method investee of Internet Initiative Japan and is a member of the Japan Virtual Currency Exchange Association.