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 10, including 5 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 4 countries, it has supported around 25 startups in sectors like Enterprise Applications, High Tech. Most notable companies in its portfolio include Gebeya, Yoii and Tenchijin. The program is backed by a team of 10 people who primarily support Seed startups based in Japan. Its latest investment was a $5M Conventional Debt round in Dodai on Apr 29, 2026, which also saw participation from Spiral Capital and UTokyo Innovation Platform.

Key Metrics

Founded Year

2011

Location

Shinagawa, Japan

Portfolio Companies

Gebeya, Yoii & 23 more

Sectors of Investment

Enterprise Applications, High Tech & 17 more

Stages of Investment

Seed, Series A & 1 more

Locations of Investment

Japan, Ethiopia & 2 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, Philippines and 1 more locations. They have invested in Enterprise Applications, High Tech, 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: 181 as on Mar 31, 2026
Investors: IFC, Partech Partners 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: 24 as on Mar 31, 2026
Investors: Plug and Play Tech Center, Mitsubishi UFJ Capital 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 Mar 31, 2026
Investors: Development Bank of Japan, Hiroshima Venture Capital and 16 Others
Latest Funding Round: Series B, Dec 16, 2025, $*****
Highlight: Editors' Pick

4. Instalimb

Developer of 3D printed customized prosthetics for leg amputees. The company uses 3D-CAD, 3D printing, and machine learning technology to create 3D printed prosthetics & orthotics for leg amputees based on feet design.

Key facts about Instalimb

Founded Year: 2017
Location: Makati (Philippines)
Stage: Series B
Total Funding till date: $10.6M
Employee Count: 160 as on Mar 31, 2026
Investors: Rebright Partners, Mitsubishi UFJ Capital and 16 Others
Latest Funding Round: Series B, Mar 26, 2025, $*****
Highlight: Editors' Pick

5. AstroX

Developer of satellite launch rockets using the Rockoon method. The company focuses on advancing space transportation through its launch vehicle development program. It aims to address challenges within the space industry. The company's activities include research and development related to space launch technology. The executive team includes expertise in aerospace engineering and rocket launch operations.

Key facts about AstroX

Founded Year: 2022
Location: Minamisoma (Japan)
Stage: Series A
Total Funding till date: $17.7M
Employee Count: 11 as on Mar 31, 2026
Investors: Mitsubishi UFJ Capital, Shizuoka Financial Group and 16 Others
Latest Funding Round: Series A, Feb 04, 2026, $*****
Highlight: Editors' Pick

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, Business Services, Consumer, High Tech and Environment Tech. Notably, it has invested in 12 Enterprise (B2B) companies, 12 Tech companies, 4 Software companies and at least 3 companies focusing on Consumer (B2C).

Here are Inclusion Japan's investments by sector:

Sector	No. of Investments
Enterprise Applications	5
Business Services	3
Consumer	3
High Tech	3
Environment Tech	2
Others	16

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

View all investments by Inclusion Japan

Inclusion Japan has made most investments in Japan (15), followed by Ethiopia where it has made 2 investments.

Here are Inclusion Japan's investments by geography:

Country	No. of Investments
Japan	15
Ethiopia	2
Philippines	1
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	Conventional Debt	5724	Spiral Capital [+6]
Apr 29, 2026	Dodai	United States	Series A	3033	UTokyo Innovation Platform ... [+6]
Feb 04, 2026	AstroX	Japan	Series A	2033	One Capital
Dec 01, 2025	AstroX	Japan	Series A	8990	Daiwa Corporate Investment ... [+4]
Nov 25, 2025	Porty	Japan	Seed	6416	NES [+1]

See more recent investments made by Inclusion Japan

Inclusion Japan has a team of 10 members including 5 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	-	-
Tomota Terada	Partner	Tokyo	-	-

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).