About DEEPCORE
DEEPCORE, an accelerator and incubator program founded in 2017, is based in Bunkyo, Japan. With a presence in 5 countries, it has supported around 95 startups in sectors like High Tech, Enterprise Applications. As of Oct 2026, DEEPCORE has witnessed 5 portfolio exits. Most notable companies in
its portfolio include Telexistence, Kea and Builder.ai. The program is backed by a team of 27 people who primarily support Seed startups based in Japan. Its latest investment was a $5.63M Series A round in Tellusxdp on Sep 01, 2026, which also saw participation from Mitsubishi UFJ Capital and DG Daiwa Ventures.
DEEPCORE's List of Top Investments
DEEPCORE has a portfolio of 95 companies. Their most notable investments are in KYC Consulting and Ollo.Their portfolio spans across Japan, United States, Canada and 2 more locations. They have invested in High Tech, Enterprise Applications, Food and Agriculture Tech and 24 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by DEEPCORE:1. Telexistence
Manufacturer of remote controlled robots for automated retail labor tasks. These systems utilize artificial intelligence and teleoperation technologies to perform physical duties in commercial environments. The hardware and software components enable remote human operation of robotic units to manage inventory and store maintenance activities.
Key facts about Telexistence
2. Kea
Provider of voice artificial intelligence solutions for restaurant operations. This technology integrates directly with point-of-sale systems to manage customer orders, answer calls, and process payments. The system provides automated menu analysis, call reporting, and dynamic frequently asked question handling to support restaurant staff during high-volume periods.
Key facts about Kea
- Founded Year: 2017
- Location: San Jose (United States)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $28.9M
- Employee Count: 81 as on Jul 31, 2026
- Investors: Xfund, Marbruck Investments and 19 Others
- Latest Funding Round: Series B, May 30, 2025, $*****
- Highlight: Editors' Pick

3. Builder.ai
Provider of AI-powered low code application development platform. It offers tools that allows users to build applications without coding. The platform integrates AI with human expertise to manage the development process, from initial concept to launch and ongoing maintenance. It caters its solution to entrepreneurs, small businesses, and enterprises. It also offers cloud hosting solutions.
Key facts about Builder.ai
- Founded Year: 2012
- Location: London (United Kingdom)
- Last Known Valuation: $*****
- Stage: Deadpooled
- Total Funding till date: $450M
- Employee Count: 363 as on Apr 30, 2025
- Investors: Lakestar, For Good Ventures and 18 Others
- Latest Funding Round: Series D, May 10, 2023, $*****
4. Instalimb
Manufacturer of 3D printed prosthetics and orthotics. The company utilizes advanced computer-aided design, additive manufacturing, and machine learning technology to create and deliver high-quality, affordable medical devices. By leveraging a centralized factory model and a fully traceable digital workflow, the organization provides end-to-end manufacturing solutions for patients and partner organizations.
Key facts about Instalimb
- Founded Year: 2017
- Location: Chiyoda City (Japan)
- Stage: Series C
- Total Funding till date: $10.6M
- Employee Count: 185 as on Sep 30, 2026
- Investors: Darwin Ventures, Rebright Partners and 16 Others
- Latest Funding Round: Series C, Sep 16, 2026, $*****
- Highlight: Editors' Pick
5. AstroX
Manufacturer of small satellite launch vehicles and orbital transport systems. Operations focus on the development and testing of rocket propulsion technologies and flight hardware. Engineering efforts include the design of launch vehicles capable of delivering payloads into space. Technical activities involve research into hybrid rocket engines and aerial launch mechanisms to facilitate access to orbit.
Key facts about AstroX
- Founded Year: 2022
- Location: Minamisoma (Japan)
- Stage: Series A
- Total Funding till date: $17.7M
- Employee Count: 10 as on Aug 31, 2026
- Investors: Mizuho Financial Group, Shizuoka Financial Group and 16 Others
- Latest Funding Round: Series A, Feb 04, 2026, $*****
- Highlight: Editors' Pick
DEEPCORE's Year-on-Year Investment Trends
DEEPCORE has invested in 95 companies over the last 8 years, with an average of 9 new investments annually in the last 5 years. In 2025, it made 12 investments, while as of Sep 2026, it has made 5 investments in this year. Its most recent first time investment was in Tellusxdp and most recent follow-on round was in GenerativeX.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 4 | 1 | 5 |
2025 | 9 | 3 | 12 |
2024 | 9 | 4 | 13 |
2023 | 11 | 3 | 14 |
2022 | 13 | 1 | 14 |
2021 | 6 | 1 | 7 |
2020 | 10 | 1 | 11 |
2019 | 1 | 1 | 2 |
2018 | 6 | 0 | 6 |
DEEPCORE's Investments by Stage
DEEPCORE has made 39 investments in Seed stage with an average round size of $1.41M, 27 investments in Series A stage with an average round size of $7.42M and 3 investments in Series B stage with an average round size of $11.1M.Stage of entry | No. of Investments |
|---|---|
Seed | 39 |
Series A | 27 |
Series B | 3 |
Note: We have considered here, only first round of investments
DEEPCORE's Investments by Sector
DEEPCORE has a diverse portfolio, with companies operating in the Enterprise Applications, Business Services, High Tech, Vertical SaaS and Consumer. Notably, it has invested in 54 Tech companies, 47 Enterprise (B2B) companies, 39 Software companies and at least 19 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 23 |
Business Services | 17 |
High Tech | 15 |
Vertical SaaS | 7 |
Consumer | 6 |
Others | 57 |
Note: We have considered here, only first round of investments
DEEPCORE's Investments by Geography
DEEPCORE has made most investments in Japan (59), followed by United States where it has made 5 investments.Country | No. of Investments |
|---|---|
Japan | 59 |
United States | 5 |
Kenya | 2 |
Canada | 1 |
Mauritius | 1 |
Others | 1 |
Note: We have considered here, only first round of investments
DEEPCORE's recent investments
DEEPCORE has made 5 investments in 2026 so far. Tellusxdp and GenerativeX are the latest among them.Here are the most recent investments by DEEPCORE:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 01, 2026 | - | Series A | 7492 | ||
Jun 29, 2026 | United States | Series A | 2972 | [+3] | |
May 31, 2026 | Japan | Series A | 6144 | [+3] | |
Apr 27, 2026 | Japan | Seed | 6653 | [+3] | |
Feb 17, 2026 | Japan | Series B | 5887 | [+5] |
IPOs and Publicly Listed companies in DEEPCORE's Portfolio
3 of DEEPCORE's portfolio companies have become public. Mortgage Financial Services got listed on the Tokyo Stock Exchange (TSE), in Jun 2024 at marketcap of $16M and First Accounting got listed on the Tokyo Stock Exchange (TSE) at marketcap of $42.2M.Here are DEEPCORE's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jun 21, 2024 | - | - | 3673 | |
Sep 22, 2023 | - | - | 3616 | |
- | Jun 25, 2025 | Series A | 7709 |
Acquired companies in DEEPCORE's Portfolio
2 companies from DEEPCORE's portfolio have been acquired. The most recent acquisition was Tellusxdp.Here are DEEPCORE's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 01, 2026 | Sep 01, 2026 | Series A | 3538 | |
Jul 24, 2023 | - | - | 6190 |
Team profile of DEEPCORE
DEEPCORE has a team of 27 members including 11 Partners, 1 Venture Partner and 5 Principals located in Japan, Denmark and 1 more location. DEEPCORE's team does not sit on the board of any company as of now.Here is a list of top team members in DEEPCORE:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Tokyo | - | ||
Partner | Tokyo | - | ||
Partner | Tokyo | - | ||
Partner | - | - | - | |
Partner | - | - | - | |
Partner | Tokyo | - | ||
Partner | Singapore | - | ||
Partner | North Jutland | - | - | |
Partner | - | - | ||
Partner | - | - | - | |
Partner | - | - |
Co-investors of DEEPCORE
Over the past 8 years, 281 investors have co-invested in DEEPCORE's portfolio companies. This includes funds and angels.
- Invested before DEEPCORE: Nissay Capital, Mitsubishi UFJ Capital and 31 others have invested in rounds before DEEPCORE. There are 2 companies where Nissay Capital has invested before DEEPCORE and 2 companies where Mitsubishi UFJ Capital has invested before DEEPCORE.
- Top Co-investors of DEEPCORE: 144 investors entered a company along with DEEPCORE. These include investors like Mizuho Capital (10 companies).
- Invested after DEEPCORE: A total of 104 investors have invested in DEEPCORE's portfolio after their investments. Top Investors include SMBC Venture Capital (5 companies) and Shoko Chukin Bank (3 companies).
Recent News related to DEEPCORE
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GenerativeX Raises $4M in Series A FundingFinSMEs•Jun 29, 2026•GenerativeX, Salesforce, DEEPCORE, Nissay Capital and 1 other
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Graphenary Co.,Ltd. raised approximately JPY 240 million in seed roundStartup Log•Apr 27, 2026•Mizuho Capital, DEEPCORE, SBI Investment, Keio Innovation Initiative and 2 others
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A-wave Co., Ltd. completes funding of 540 million yen for Series BPR TIMES•Feb 17, 2026•A, Osaka University Venture Capital, DEEPCORE, MedVenture Partners and 3 others
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Prance Holdings Raises Seed Round for AI Recruitment Platform "Prance Hiring"Startup Log•Dec 24, 2025•DEEPCORE, PranceAI
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Neautech raises 1.1 billion yen to expand online skincare treatment service "ANS." with AI supportTHE BRIDGE•Oct 20, 2025•Neautech, DEEPCORE, Hokkoku Bank, Beyond Next Ventures and 3 others
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i-Crystal Co., Ltd. Raises a Total of 450 Million Yen in FundingStartup Log•Sep 19, 2025•iCrystal Group, DEEPCORE, SBI Investment, JAFCO Group
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Nextage Raises 200 Million Yen In Series A Additional Funding To Advance Automated Wasabi Cultivation With Ai.THE BRIDGE•Sep 05, 2025•Nextagecorp, SoftBank Group, DEEPCORE
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Wunderbar Inc., operator of IP marketing platform "Skettt," raises a total of approximately 500 million yen in Series A fundingStartup Log•Jun 25, 2025•GENDA Capital, co.jp, NOW, i-nest capital and 4 others
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New Innovations Secures ¥1.16 Billion in Series B FundingStartup Log•May 27, 2025•New Innovations, Sparks Asset Management, Nissay Capital, Senshu Ikeda Capital and 7 others
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RevolKa Ltd. Secures Series A Extension FundingBusiness Wire•May 20, 2025•D3, RevolKa, Tohoku University Venture Partners, DEEPCORE

