About Web 3.0 sector in Tokyo, Japan
The Web 3.0 sector in Tokyo, Japan comprises 122 companies, including 42 funded companies having collectively raised $441M in venture capital money and private equity. Out of these, 10 are Series A+ funded.
Web 3.0 sector in Tokyo, Japan has seen 2 acquisitions and 1 IPO.
This sector includes companies that have websites and applications whose data are stored and interconnected in a decentralized way instead of storing in centralized repositories owned and operated by a single corporate/company.
Web 3.0 sector is also known as Web 3.0 Solutions, Advanced Web 3.0 or Digital Web 3.0.
Companies that are providing infrastructure for blockchain and smart contracts developments. The feed also includes companies that are providing decentralized web 3.0 applications for enterprises, the entertainment industry, individuals, or decentralized web 3.0 applications offering financial services for individuals or businesses. The feed exclude companies that are providing Web 2.0 and Web 1.0 applications, and blockchain/crypto-based financial services which are owned and operated by a corporate or a central authority.
Top Web 3.0 Companies in Tokyo, Japan
There are 122 Web 3.0 startups in Tokyo, Japan which include Gumi, Orca, Toku, IZUMI, O3 Labs. Out of these, 42 startups are funded, with 10 having secured Series A+ funding.
Over the past 10 years, an average of 10 new companies have been launched annually. Notably, several of these startups have been founded by alumni of Columbia Business School, Columbia University and Keio University.
Here is the list of top Web 3.0 startups in Tokyo, Japan
1. Gumi
Developer of mobile online games and blockchain technology solutions. The company creates various content and services using blockchain and XR technologies. It focuses on delivering new experiences through its offerings. The company participates in node operations and explores blockchain interoperability.
Key facts about Gumi
- Founded Year: 2007
- Location: Tokyo (Japan)
- Stage: Public
- Total Funding till date: $94M
- Investors: Sega, JAFCO Group and 19 Others
- Latest Funding Round: Post IPO, Jun 04, 2018, $*****
- Tracxn Score: 67/100 What is this?
- Competitors Rank: 2 of 146 Competitors
2. Orca
Online exchange platform for cryptocurrencies. It features stable swaps, pools for providing liquidity, and more. It supports currencies such as USDC, SOL, COPE, ETH, and more.
Key facts about Orca
- Founded Year: 2020
- Location: Tokyo (Japan)
- Stage: Series A
- Total Funding till date: $18M
- Investors: Three Arrows Capital, Placeholder and 12 Others
- Latest Funding Round: ICO, Sep 30, 2021, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 12 of 622 Competitors
3. Toku
Platform offering token compensation & tax compliance solutions. It offers token payroll, token grant administration, tax compliance, local employment & distributed HR solutions.
Key facts about Toku
- Founded Year: 2021
- Location: Tokyo (Japan)
- Stage: Series B
- Total Funding till date: $20M
- Investors: Blockchain Capital, Orrick and 11 Others
- Latest Funding Round: Series B, Mar 08, 2023, $*****
- Tracxn Score: 55/100 What is this?
- Competitors Rank: 2 of 67 Competitors
4. IZUMI
Decentralized cryptocurrency exchange for token swaps, liquidity provision, yield farming, and decentralized trading. It enables users to swap cryptocurrencies, place limit orders, provide liquidity to trading pools, participate in yield farming, and earn platform rewards. The platform offers non-custodial wallet connectivity, automated market maker (AMM)-based token trading, liquidity management, staking and incentive mechanisms, and decentralized trading services without requiring intermediaries.
Key facts about IZUMI
- Founded Year: 2021
- Location: Tokyo (Japan)
- Stage: Series B
- Total Funding till date: $27.6M
- Investors: Mirana, HackerLink and 31 Others
- Latest Funding Round: Series B, Apr 26, 2023, $*****
- Tracxn Score: 53/100 What is this?
- Competitors Rank: 24 of 1,096 Competitors
5. O3 Labs
O3 is an app-based cryptocurrency storage solution. It allows users to store assets that are on the NEO and Ontology blockchains including NEO, ONT, NEP-5 tokens. It enables users to claim GAS and ONG rewards through the app. It also allows users to participate in decentralized trading and monitor crypto portfolios in real-time. It also offers news on the NEO blockchain.
Key facts about O3 Labs
- Founded Year: 2017
- Location: Tokyo (Japan)
- Stage: Acquired
- Investors: Damo Labs, NGC Ventures and 3 Others
- Latest Funding Round: Seed, Nov 24, 2021, $*****
- Tracxn Score: 45/100 What is this?
- Competitors Rank: 8 of 310 Competitors
Companies founded year-on-year in the Web 3.0 sector in Tokyo
35 Web 3.0 startups in Tokyo were founded in 2022 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | - |
2025 | 1 |
2024 | 4 |
2023 | 11 |
2022 | 35 |
2021 | 23 |
2020 | 8 |
2019 | 3 |
2018 | 12 |
2017 | 8 |
Stage-wise distribution of Web 3.0 sector companies in Tokyo
Out of the total 122 Web 3.0 companies in Tokyo, 42 have secured funding. Among them, 10 have reached Series A or higher, and 6 to Series B or beyond.
Founded - 122
Funded - 42
Series A+ - 10
Series B+ - 6
Series C+ - 3
Company Stage | No. of companies |
|---|---|
Founded | 122 |
Funded | 42 |
Series A+ | 10 |
Series B+ | 6 |
Series C+ | 3 |
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Funding Trends in the Web 3.0 sector in Tokyo
Total funding year-on-year in the Web 3.0 sector in Tokyo
The Web 3.0 sector in Tokyo saw a total funding of more than $441M in the last 10 years. The most amount of funding was in 2023 at more than $204M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $4.23M |
2024 | $11.9M |
2023 | $204M |
2022 | $62.7M |
2021 | $32.3M |
2018 | $30M |
Recent Funding Rounds in Web 3.0 in Tokyo
In the year 2025, till January 2025, Web 3.0 companies in Tokyo have raised $4.23M in equity funding across 1 round.
In the same period last year (i.e. till January 2024), Web 3.0 companies in Tokyo had raised $1.5M across 1 round.
So, 2025 has seen a 181.93% rise in funding in Web 3.0 companies in Tokyo as compared to 2024.
Here are some recent, important funding rounds in Web 3.0 companies in Tokyo:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series A | 6836 | Jan 23, 2025 | ||
Angel | 9273 | Aug 06, 2024 | ||
Seed | 3678 | Jul 19, 2024 | ||
Seed | 8157 | Jul 16, 2024 | ||
Seed | 9397 | Jun 20, 2024 |
Top Investors in Web 3.0 in Tokyo
Infinity Ventures Crypto is the top investor in Web 3.0 companies in Tokyo based on number of companies invested.
Here are some top investors in Web 3.0 companies in Tokyo:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Taipei (Taiwan) | - | |
Sunnyvale (United States) | ||
San Francisco (United States) | ||
Shanghai (China) | - | |
San Francisco (United States) | - |
M&A activity in Web 3.0 sector in Tokyo
In the year 2022, till August 2022, 1 acquisition happened in Web 3.0 sector in Tokyo.
Here are some recent, important acquisitions in Web 3.0 sector in Tokyo:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Aug 25, 2022 | ||
Business Acquisition | Oct 21, 2019 |
Acquisition trends in Web 3.0 sector in Tokyo
Here are the acquisition trends in Web 3.0 sector in Tokyo:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | - |
2023 | - |
2022 | 1 |
2021 | - |
2020 | - |
2019 | 1 |
2018 | - |
2017 | - |
IPOs in Web 3.0 in Tokyo
In the year 2014, till December 2014, 1 IPO happened in Web 3.0 sector in Tokyo.
Here are some recent, important IPOs in Web 3.0 sector in Tokyo:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Dec 18, 2014 | Tokyo Stock Exchange (TSE) |
Colleges which produce the most Web 3.0 companies in Tokyo
Companies founded by alumni from top colleges in the Web 3.0 in Tokyo
Most number of Web 3.0 startups in Tokyo have been founded by alumni from Columbia Business School, Columbia University and Keio University.
College | No. of companies |
|---|---|
Columbia Business School | 2 |
Columbia University | 2 |
Keio University | 1 |
The University of Tokyo | 1 |
Tsinghua University | 1 |
University of Waterloo | 1 |
Top News in Web 3.0 in Tokyo
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Tally and Toku Announce Strategic Partnership to Streamline Governance and Token ComplianceBusiness Wire•Aug 29, 2024•Tally, Toku
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Toku And Quantstamp Partner to Enhance Security and Payroll Practices in Web3Global Fintech Series•Oct 03, 2023•Toku, Quantstamp
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