Spiral Innovation Partners

Name

Spiral Innovation Partners

Legal name

Spiral Capital株式会社 (Spiral Capital, Inc.)

Website

https://spiral-cap.com

Company type

Private

Founded year

2016

Operating status

Operating

Ownership category

akta.pro rank

Product category

Venture Capital

NAICS

Other Financial Investment Activities (5239), All Other Financial Investment Activities (52399), Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282), Services-Management Consulting Services (8742)

akta.pro primary industry

Corporate Strategic Partnership & Ecosystem Investment Arms (FSANAHAF)

akta.pro secondary industries

Joint Venture CVC / Consortium Funds (Multi-corporate) (FSANAHAE), Corporate International / Emerging Markets CVC (FSANAHAM)

Keywords

• Corporate venture capital
• CVC fund management
• Startup investment
• Open innovation
• Venture capital funds

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Distribution channels1 record

Marketing channels2 records

Core offering

Spiral Innovation Partners is a Corporate Venture Capital (CVC) fund operator that establishes, manages, and deploys CVC funds in partnership with major Japanese corporations. It invests growth capital into early-stage and growth-stage startups in Japan across sectors including logistics, real estate tech, fintech, healthcare, insurtech, regional revitalization, green innovation, and urban evolution, while providing open innovation consulting support to corporate limited partners.

Product overview

Spiral Innovation Partners is a Corporate Venture Capital (CVC) fund operator that manages CVC funds and provides open innovation support services. Rather than offering a unified software product, the company operates multiple named CVC funds including Value Chain Innovation Fund, Logistics Innovation Fund, T&D Innovation Fund, National Guarantee Innovation Fund, and Yuucho Spiral Regional Innovation Fund. The company also provides investment support services through its parent company Spiral Capital Group, which operates three General Funds (Spiral Capital Japan Fund 1号, 2号, and 3号). The services include portfolio company support, limited partner support, and open innovation advisory through subsidiary XSprout.

Differentiator

Problem solved

Functional benefit

Products and services

• Value Chain Innovation Fund A successor fund to Logistics Innovation Fund with planned ¥100 billion in assets under management, investing in logistics-related areas and startups that provide value across the consignor's entire value chain. Anchor LP is Seino Holdings.
• Logistics Innovation Fund A logistics-focused fund with ¥70 billion in assets under management, investing in startups solving logistics industry challenges and modernizing the sector.
• T&D Innovation Fund A fund focused on healthcare, insurtech, and pet-related startups, with ¥2 billion per investment for later-stage companies. Anchor LP is T&D Holdings.
• National Guarantee Innovation Fund A fund investing in domestic PropTech, FinTech, and housing/lifestyle-related service startups, with average investment of ¥2 billion per deal.
• Yuucho Spiral Regional Innovation Fund A fund with approximately ¥100 billion in assets under management focused on startups contributing to regional economic activation and solving regional challenges in Japan.
• KRAFTIA Innovation Fund A ¥50 billion fund co-established with Craftia focusing on green and digital domain startups in Japan, with average investment of approximately ¥2 billion per deal.
• Keio Rail Fund An ¥80 billion fund co-established with Keio Dentetsu focusing on startups in content/tourism, lifestyle, DX/AI, and environment sectors.
• Mori Building Innovation Fund A ¥100 billion fund co-established with Mori Building for startups supporting urban evolution, with investment range of ¥1-10 billion per deal.
• CVC Fund Management Services Corporate Venture Capital fund management services that enable large corporations to achieve strategic and financial returns through investment in startups while building Win-Win relationships with portfolio companies.
• XSprout A joint venture with eiicon providing CVC and open innovation consulting services, operating Japan's largest open innovation platform.
• Open Innovation Support Services Comprehensive open innovation support for limited partners including startup introductions, open innovation strategy advisory, support system construction, and project co-pacing support.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Mizuho Capital: Venture investment arm of Mizuho Financial Group. Comparable to Spiral as a Japanese institutional CVC; co-investor with Spiral in several portfolio companies (TORIHADA, Space BD).
• SMBC Venture Capital: CVC arm of Sumitomo Mitsui Financial Group. Comparable to Spiral Innovation Partners as a major Japanese corporate-affiliated CVC, though bank-affiliated rather than independent.
• Mitsubishi UFJ Capital: Bank-affiliated CVC arm of Mitsubishi UFJ Financial Group. Comparable to Spiral as a major institutional CVC investor in Japan, though affiliated with MUFG (a Fund 3 LP for Spiral).

Emerging players

• BEENEXT: Japan/Southeast Asia-focused early-stage VC. Comparable as a regional venture investor with similar geographic focus (Japan + SEA, where Spiral has Singapore operations).

Direct peers

• University of Tokyo Edge Capital Partners (UTEC): Japan-based deep-tech and science-focused VC. Comparable to Spiral in independent-Japan positioning and focus on science/technology-backed startups.
• Global Brain: Japan-headquartered independent VC managing both general and corporate VC funds with deep tech and cross-border exposure. Closely comparable to Spiral's dual general-fund/CVC-fund model and AI/deep tech focus.
• Coral Capital: Japan-focused early-stage VC investing in Japanese startups with connections to the US market. Comparable as an independent Japan-focused VC with cross-border reach, smaller AUM than Spiral.
• World Innovation Lab (WiL): Japan- and US-based VC operating with corporate LPs and general funds across enterprise, sustainability, and healthcare verticals. Comparable to Spiral's CVC fund structures and cross-border deal flow.
• ANRI: Tokyo-based early-stage VC focused on Japanese tech startups. Comparable as a domestic Japan-focused independent VC competing for seed and Series A deal flow.
• JAFCO Group: Japan's largest independent VC firm with broad sector coverage and significant AUM (over ¥1 trillion across funds). Directly comparable to Spiral Capital in independent-VC positioning, generalist VC activity, and Japanese market focus.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/Spiral_Capital
• Facebookfacebook.com/p/Spiral-Capital-100057516096408

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments23 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Spiral Innovation Partners