When was Inclusion Japan founded?

Inclusion Japan was founded in 2011.

Where is Inclusion Japan's headquarters located?

Inclusion Japan's headquarters is located in Shinagawa (Japan).

How big is Inclusion Japan's investment team?

Inclusion Japan has a team of 7, including 4 partners.

How many companies has Inclusion Japan invested in?

Inclusion Japan has invested in 25 companies, including Gebeya & Yoii.

Which companies has Inclusion Japan invested in lately?

Dodai & Dodai are the latest investments by Inclusion Japan.

Inclusion Japan - 2026 Investor Profile, Portfolio, Team & Investment Trends

Inclusion Japan, an accelerator and incubator program founded in 2011, is based in Shinagawa, Japan. With a presence in 3 countries, it has supported around 25 startups in sectors like High Tech, Enterprise Applications. Most notable companies in its portfolio include Gebeya, Yoii and Tenchijin. The program is backed by a team of 7 people who primarily support Seed startups based in Japan. Its latest investment was a $8M Series A round in Dodai on Apr 29, 2026, which also saw participation from UTokyo Innovation Platform and Nagase.

Key Metrics

Founded Year

2011

Location

Shinagawa, Japan

Portfolio Companies

Gebeya, Yoii & 23 more

Sectors of Investment

High Tech, Enterprise Applications & 17 more

Stages of Investment

Seed, Series A & 1 more

Locations of Investment

Japan, Ethiopia & 1 more

View Inclusion Japan's full profile

Inclusion Japan has a portfolio of 25 companies. Their most notable investments are in on call and Spiker.Their portfolio spans across Japan, Ethiopia and United States. They have invested in High Tech, Enterprise Applications, Consumer and 16 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Inclusion Japan:

1. Gebeya

Pre-assessed tech talent sourcing platform. It provides tech training to coders in Africa and helps them get work from enterprises. Candidates who have completed their training with Gebeya can register on the platform for work, candidates not from Gebeya's training schedule appear for specific assessments and interviews to be included in their database. Their hiring platform for companies is in Beta as of November 2016.

Key facts about Gebeya

Founded Year: 2016
Location: Addis Ababa (Ethiopia)
Stage: Seed
Total Funding till date: $4M
Employee Count: 180 as on May 31, 2026
Investors: Partech Partners, IFC and 4 Others
Latest Funding Round: Seed, Jan 12, 2023, $*****
Highlight: Editors' Pick

2. Yoii

Online marketplace for revenue-based financing. It is a fundraising platform that enables businesses to raise funds based on future revenue. Businesses can register on the platform by adding the required details. Once the targeted fund is obtained, the funds are transferred to the registered bank account.

Key facts about Yoii

Founded Year: 2021
Location: Tokyo (Japan)
Stage: Series A
Total Funding till date: $9.98M
Employee Count: 23 as on May 31, 2026
Investors: Global Brain, ITOCHU Technology Ventures and 9 Others
Latest Funding Round: Series A, Dec 08, 2023, $*****
Highlight: Editors' Pick

3. Tenchijin

Provider of satellite-based image data and analytic solutions. It offers a platform for collecting and analyzing satellite image data for multiple applications. It offers an earth compass to analyze image data. It caters to agriculture, IoT, and defense industries.

Key facts about Tenchijin

Founded Year: 2019
Location: Minato City (Japan)
Stage: Series B
Total Funding till date: $7.1M
Employee Count: 36 as on May 31, 2026
Investors: Development Bank of Japan, Frontier Innovations and 16 Others
Latest Funding Round: Series B, Dec 16, 2025, $*****
Highlight: Editors' Pick

4. Instalimb

Manufacturer of prosthetic and orthotic devices using digital fabrication technology. This business utilizes three-dimensional scanning, computer-aided design, and additive manufacturing to produce custom mobility aids. The process involves capturing anatomical data remotely to create sockets and structural components. These devices are distributed to individuals requiring physical support and mobility assistance. The production workflow integrates machine learning to optimize the design and assembly of these medical products.

Key facts about Instalimb

Founded Year: 2017
Location: Chiyoda City (Japan)
Stage: Series B
Total Funding till date: $10.6M
Employee Count: 168 as on May 31, 2026
Investors: Darwin Ventures, Rebright Partners and 16 Others
Latest Funding Round: Series B, May 18, 2026, $*****
Highlight: Editors' Pick

5. Dodai

Dodai Manufacturing PLC is a Japanese company in Ethiopia that assembles and sells electric motorcycles in Addis Ababa. They provide cost-effective scooters specifically crafted for the needs of mobility gig workers and commuters in Africa, enabling customers to rent.

Key facts about Dodai

Founded Year: 2021
Location: New Castle (United States)
Stage: Series A
Total Funding till date: $11M
Employee Count: 98 as on May 31, 2026
Investors: Musashi Seimitsu Industry, UTokyo Innovation Platform and 8 Others
Latest Funding Round: Conventional Debt, Apr 29, 2026, $*****

View the full list of portfolio companies

Inclusion Japan has invested in 25 companies over the last 4 years, with an average of 5 new investments annually in the last 3 years. In 2025, it made 5 investments, while as of Apr 2026, it has made 3 investments in this year. Its most recent first time investment was in AstroX and most recent follow-on round was in Dodai.

Here are Inclusion Japan's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	0	3	3
2025	5	0	5
2024	5	0	5
2023	8	0	8
2022	1	0	1

View all investments by Inclusion Japan

Inclusion Japan has made 12 investments in Seed stage with an average round size of $1.08M, 6 investments in Series A stage with an average round size of $9.05M and 1 investment in Series B stage with an average round size of $4.76M.

Here are Inclusion Japan's investments by stage:

Stage of entry	No. of Investments
Seed	12
Series A	6
Series B	1

Note: We have considered here, only first round of investments

View all investments by Inclusion Japan

Inclusion Japan has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Business Services, Consumer and Environment Tech. Notably, it has invested in 12 Enterprise (B2B) companies, 12 Tech companies, 4 Consumer (B2C) companies and at least 4 companies focusing on Software.

Here are Inclusion Japan's investments by sector:

Sector	No. of Investments
Enterprise Applications	5
High Tech	4
Business Services	3
Consumer	3
Environment Tech	2
Others	17

Note: We have considered here, only first round of investments

View all investments by Inclusion Japan

Inclusion Japan has made most investments in Japan (16), followed by Ethiopia where it has made 2 investments.

Here are Inclusion Japan's investments by geography:

Country	No. of Investments
Japan	16
Ethiopia	2
United States	1

Note: We have considered here, only first round of investments

View all investments by Inclusion Japan

Inclusion Japan has made 3 investments in 2026 so far. Dodai and Dodai are the latest among them.

Here are the most recent investments by Inclusion Japan:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
Apr 29, 2026	Dodai	United States	Series A	5691	UTokyo Innovation Platform ... [+6]
Apr 29, 2026	Dodai	United States	Conventional Debt	4907	Spiral Capital [+6]
Feb 04, 2026	AstroX	Japan	Series A	2574	One Capital
Dec 01, 2025	AstroX	Japan	Series A	9732	Daiwa Corporate Investment ... [+4]
Nov 25, 2025	Porty	Japan	Seed	1423	NES [+1]

See more recent investments made by Inclusion Japan

Inclusion Japan has a team of 7 members including 4 Partners located in Japan. Inclusion Japan's team does not sit on the board of any company as of now.

Here is a list of all team members in Inclusion Japan:

Name	Designation	Location	Board Memberships	Contact Details
Yasuhiro Yoshizawa	Partner	Tokyo	-	1 Email
Yuka Hattori	Partner	Tokyo	-	1 Email
Daisuke Murakami	Partner	Japan	-	-
Atsushi Take	Partner	Osaka	-	-

View team details of Inclusion Japan

Over the past 4 years, 101 investors have co-invested in Inclusion Japan's portfolio companies. This includes funds and angels.

Invested before Inclusion Japan: IFC, Partech Partners and 30 others have invested in rounds before Inclusion Japan. There is 1 company where IFC has invested before Inclusion Japan and 1 company where Partech Partners has invested before Inclusion Japan.
Top Co-investors of Inclusion Japan: 45 investors entered a company along with Inclusion Japan. These include investors like Mitsubishi UFJ Capital (3 companies).
Invested after Inclusion Japan: A total of 24 investors have invested in Inclusion Japan's portfolio after their investments. Top Investors include Mizuho Capital (2 companies) and UTokyo Innovation Platform (2 companies).