As is customary, we are publishing once again our annual VC Radar™ for Japan. The 2023 edition of the VC Radar reflects Japan’s most active Lead VCs in 2023.

Specifically, this infographic depicts the number of new investments led by Japan’s independent venture capital funds into domestic startups last year. Only investments in which the VC firm served as Lead investor for a startup that was not already in their portfolio are counted here.

We believe this is an important tool for Japan’s growing startup ecosystem. You can read more about our rationale here (special thanks to Mayumi for compiling this data !).

[One additional note: we strive for full accuracy on this infographic and apologize for any mistakes. Feel free to direct any requested corrections to infographic@shizen.vc].