Incubate Fund

Investor type

VC

Founded

2010

AUM

$440 M

Location

Tokyo, Tokyo, Japan

Investment Ticket

$1-5 m

Investment Stage

Seed Series A

Region of investment

Asia
Investor profile last updated: 21 August, 2026

Profile

Incubate Fund is a venture capital specialised in investing in startups in the seed stages. Since the establishment of the Incubate Capital Partners in 1999, we manage the fund worth ¥44.4 billion($440million) and invested in over 300 startups through our related fund. As Incubate Fund, since the establishment of 1st fund in 2010, we have invested ¥34 billion($340million) in seed startup, including more than 120 companies through our related fund in the last 5 years making us one of the biggest investors of the seed/early stage startups in Japan. We believe that our performance in the last 20 years is attributed to trust relationship that we built with entrepreneurs and the surrounding community. Our motto is to “devote ourselves to support entrepreneuers’ ambitious challenges”. In other words, we devote ourselves to consider the management and the business from the entrepreneuers’ point of view and aim to become good partners to help entrepreneurs concentrate on their own business even in hardships they may face in expanding the business.

Industry

Telecommunications Software Marketing and Advertising Gaming Fintech Education VR/AR

Contacts

Name
Title
Email
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Keisuke Wada General Partner
General Partner
-
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Masahiko Honma General Partner
General Partner
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FAQs about Incubate Fund

Incubate Fund is a venture capital firm. It backs companies at Seed and Series A, writing tickets of $1-5 m.
Incubate Fund is located in Tokyo, Tokyo, Japan.
Incubate Fund was founded in 2010.
Incubate Fund invests in companies and startups in Telecommunications, Software, Marketing and Advertising, Gaming, Fintech, Education, VR/AR.
Incubate Fund invests in companies and startups in Asia.
Incubate Fund invests in companies and startups at Seed, Series A.
Incubate Fund usually invests $1-5 m on average.
Incubate Fund has around $440m assets under management.
Incubate Fund can be reached through its website incubatefund.com/en and its X account. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Incubate Fund — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.
Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Incubate Fund directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.
Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 21 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.