About Colopl Next
Colopl Next is a venture capital firm founded in 2015. It is primarily based out of Minato City, Japan. As of May 2026, Colopl Next is an active investor, having invested in 174 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in Japan based startups. Its investments are spread across a wide range of sectors from High Tech to Enterprise Applications and Consumer. Most recently it participated in the $***** Series A round of Return Overall, Colopl Next portfolio has seen 8 IPOs and 9 acquisitions including key companies like Vinovest, Flitto and Owlchemy Labs. A lot of funds co-invest with Colopl Next, with names like The Venture Reality Fund sharing a substantial percentage of its portfolio. Colopl Next has team of 12 people including 3 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Portfolio Acquisitions
Portfolio Soonicorns
Colopl Next's List of Top Investments
Colopl Next has a portfolio of 174 companies. Their most notable investments are in SPACES and Odd Concepts.Their portfolio spans across Japan, United States, South Korea and 13 more locations. They have invested in High Tech, Enterprise Applications, Consumer and 29 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by Colopl Next:
1. Theta Token
Decentralized video delivery platform. It offers decentralized peer to peer video delivery platform. Users earn Theta tokens as a reward for sharing bandwidth and resources. Video streaming platforms and content providers can build customized Dapps via the platform.
Key facts about Theta Token
- Founded Year: 2016
- Location: Cupertino (United States)
- Stage: Series A
- Total Funding till date: $9.26M
- Employee Count: 37 as on Aug 31, 2026
- Investors: DHVC, IOVC and 36 Others
- Latest Funding Round: Series A, Dec 06, 2023, $*****
- Highlight: Editors' Pick
2. Rael
Internet-first brand offering skincare and personal hygiene products. The product catalog includes pads, tampons, period panties, liners, and more. It also includes products like creams, acne patches, hand wipes, toothpaste, and more. The platform offers a quiz to customize subscription-based boxes.
Key facts about Rael
- Founded Year: 2017
- Location: Los Angeles (United States)
- Stage: Series B
- Total Funding till date: $59M
- Employee Count: 135 as on Sep 30, 2026
- Investors: SBVA, Mirae Asset and 13 Others
- Latest Funding Round: Series B, Aug 26, 2026, $*****
- Highlight: Editors' Pick
VR gaming development studio. It focuses on creating casual games. It has developed multiple VR games including Narrows, Wonderglade, and Bait. The games are available on the Google Play store, and Oculus store. It generates revenue through in-app purchases and paid games.
Key facts about Resolution Games
- Founded Year: 2015
- Location: Stockholm (Sweden)
- Stage: Series C
- Total Funding till date: $38.5M
- Employee Count: 95 as on Sep 30, 2026
- Investors: Qualcomm Ventures, GP Bullhound and 17 Others
- Latest Funding Round: Series C, Jul 14, 2021, $*****
- Highlight: Editors' Pick
4. Vinovest
Vinovest is an online platform for investing in vines. It enables users to select wines in which they want to invest, and then the wines are stored which can be accessed by the investor anytime. Investors can also manage their portfolio, buy, and sell wines online.
Key facts about Vinovest
- Founded Year: 2019
- Location: Culver City (United States)
- Stage: Acquired
- Employee Count: 21 as on Aug 31, 2026
- Investors: Highfield Capital, Utopian and 17 Others
- Highlight: Acquired
5. BitStar
BitStar provides a marketplace for influencer marketing for enterprises. It provides a platform for social media influencers to connect with brands for content amplification. It enables Youtubers to create and transmit engaging video contents for influencer marketing. Its major clients are CyberAgent, JTB, and Square Enix.
Key facts about BitStar
- Founded Year: 2014
- Location: Tokyo (Japan)
- Stage: Series D
- Total Funding till date: $27.4M
- Employee Count: 51 as on Sep 30, 2026
- Investors: TBS Innovation Partners, Asahi Shimbun and 14 Others
- Latest Funding Round: Conventional Debt, Oct 25, 2023, $*****
- Highlight: Editors' Pick
Colopl Next's Year-on-Year Investment Trends
Colopl Next has invested in 174 companies over the last 10 years, with an average of 5 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in ALL in and most recent follow-on round was in Return.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 3 | 1 | 4 |
2024 | 3 | 0 | 3 |
2023 | 5 | 2 | 7 |
2022 | 8 | 1 | 9 |
2021 | 8 | 1 | 9 |
2020 | 4 | 0 | 4 |
2019 | 4 | 0 | 4 |
2018 | 6 | 1 | 7 |
2017 | 9 | 1 | 10 |
Colopl Next's Investments by Stage
Colopl Next has made 35 investments in Seed stage with an average round size of $1.59M, 19 investments in Series A stage with an average round size of $6.09M, 8 investments in Series B stage with an average round size of $14.3M, 1 investment in Conventional Debt stage and 1 investment in Series C stage with an average round size of $11.8M.Stage of entry | No. of Investments |
|---|---|
Seed | 35 |
Series A | 19 |
Series B | 8 |
Conventional Debt | 1 |
Series C | 1 |
Note: We have considered here, only first round of investments
Colopl Next's Investments by Sector
Colopl Next has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Consumer, Media & Entertainment and Gaming. Notably, it has invested in 126 Tech companies, 83 Enterprise (B2B) companies, 75 Software companies and at least 73 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
High Tech | 20 |
Enterprise Applications | 16 |
Consumer | 14 |
Media & Entertainment | 9 |
Gaming | 7 |
Others | 60 |
Note: We have considered here, only first round of investments
Colopl Next's Investments by Geography
Colopl Next has made most investments in Japan (26), followed by United States where it has made 23 investments.Country | No. of Investments |
|---|---|
Japan | 26 |
United States | 23 |
South Korea | 6 |
Bangladesh | 1 |
China | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Colopl Next's recent investments
Colopl Next has made 2 investments in 2026 so far - Return and ALL in.Here are the most recent investments by Colopl Next:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
May 29, 2026 | Singapore | Series A | 4598 | ||
Feb 27, 2026 | Japan | Series A | 9076 | [+4] | |
Nov 11, 2025 | Japan | Seed | 3563 | [+1] | |
Jun 25, 2025 | Japan | Series A | 7124 | [+5] | |
Apr 15, 2025 | - | Seed | 4091 | [+1] |
IPOs and Publicly Listed companies in Colopl Next's Portfolio
8 of Colopl Next's portfolio companies have become public. Laxus got listed on the Tokyo Stock Exchange (TSE), in Dec 2024 and Timee got listed on the Tokyo Stock Exchange (TSE).Here are Colopl Next's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 13, 2024 | - | - | 7986 | |
Jul 26, 2024 | - | - | 1904 | |
Feb 10, 2021 | - | - | 5390 | |
Dec 22, 2020 | Feb 01, 2016 | Series B | 5648 | |
Mar 26, 2020 | - | - | 2323 |
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Acquired companies in Colopl Next's Portfolio
9 companies from Colopl Next's portfolio have been acquired. The most recent acquisition was Vinovest in Mar 2026 by StartEngine for $*****.Here are Colopl Next's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Mar 24, 2026 | - | - | 7062 | |
Jul 22, 2024 | - | - | 8878 | |
Dec 21, 2022 | - | - | 5944 | |
Oct 27, 2022 | Jul 12, 2018 | Seed | 1554 | |
Jan 05, 2021 | - | - | 4834 |
Team profile of Colopl Next
Colopl Next has a team of 12 members including 3 Partners, 1 Venture Partner and 2 Principals located in Japan. Colopl Next's team does not sit on the board of any company as of now.Here is a list of top team members in Colopl Next:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Japan | - | ||
Partner | Itami | - | - | |
Partner | Tokyo | - | ||
Venture Partner | Japan | - | ||
Principal | - | - | - | |
Principal | - | - |
Co-investors of Colopl Next
Over the past 10 years, 382 investors have co-invested in Colopl Next's portfolio companies. This includes funds and angels.
- Invested before Colopl Next: BonAngels Venture Partners, East Ventures and 68 others have invested in rounds before Colopl Next. There are 3 companies where BonAngels Venture Partners has invested before Colopl Next and 2 companies where East Ventures has invested before Colopl Next.
- Top Co-investors of Colopl Next: 182 investors entered a company along with Colopl Next. These include investors like The Venture Reality Fund (9 companies).
- Invested after Colopl Next: A total of 130 investors have invested in Colopl Next's portfolio after their investments. Top Investors include SMBC Venture Capital (3 companies), Mitsubishi UFJ Capital (3 companies) and Mizuho Capital (3 companies).
Recent News related to Colopl Next
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Taiwanese software startup Return Helper bags $4mTech in Asia•May 29, 2026•Mitsubishi Logistics Corporation, Return, Cathay Financial Holdings, Colopl Next and 1 other
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CORE Inc. raises seed round for community SNS "CORE" for working womenStartup Log•Nov 11, 2025•Anobaka, East Ventures, COLOPL, https://coreinc.io and 2 others
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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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Salowin Inc. secures ¥5.2B in Series D funding for its shared salon and salon opening services.Startup Log•Feb 14, 2025•SALOWIN, HIRAC FUND, Colopl Next, SMBC Venture Capital and 13 others
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Levellr raises funds for tools to manage Discord communitiesVentureBeat•Nov 01, 2024•Levellr, Fuel Ventures, Colopl Next, LFG Holding and 5 others
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Coopel Inc., developer and provider of cloud-based RPA service "Coopel," raises 140 million yen in fundingStartup Log•Oct 11, 2024•Coopel, Delight Ventures, Colopl Next
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AI recruitment company Forward raises funds, total amount raised reaches 235 million yenPR TIMES•Oct 02, 2024•Forward, United, Colopl Next
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Return Helper Secures $1.8 million USD in Latest Funding Round to Expand Cross-Border E-Commerce SolutionsBNext Media•Aug 20, 2024•Return, HIRAC FUND, Pegatron, AVA and 2 others
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Jim Carrey attracts Series A investmentVenture Square•Nov 01, 2023•Jim Carrey, Korea Credit Guarantee Fund, Colopl Next, ES Investor
