About Colopl Next
Colopl Next is a venture capital firm founded in 2015. It is primarily based out of Minato City, Japan. As of Feb 2026, Colopl Next is an active investor, having invested in 174 companies, with 4 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 ALL in 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 Levellr.Their portfolio spans across Japan, United States, South Korea and 12 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: 43 as on Jan 05, 2026
- Investors: IOVC, DHVC and 35 Others
- Latest Funding Round: Series A, Dec 06, 2023, $*****
- 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: 142 as on Jul 01, 2024
- Investors: Creandum, GP Bullhound and 16 Others
- Latest Funding Round: Series C, Jul 14, 2021, $*****
- Highlight: Editors' Pick
3. 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: 125 as on Feb 28, 2026
- Investors: SBVA, Mirae Asset and 12 Others
- Latest Funding Round: Series B, Apr 06, 2022, $*****
- 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: 31 as on Jan 05, 2026
- Investors: Highfield Capital, Gaingels and 14 Others
- Highlight: Acquired
5. YAMAP
YAMAP is a provider of the mountaineering map application compatible with iPhone, iPad, and iPod touch. It allows the user to check the current location on a smartphone without the use of mobile radio waves that is it does not need a mobile signal to track and log the outdoor activity. The outdoor maps provide information like elevation, parking, and trailhead locations. The application is available on google play, app store, and the YAMAP store.
Key facts about YAMAP
- Founded Year: 2013
- Location: Fukuoka (Japan)
- Stage: Series B
- Total Funding till date: $12.7M
- Investors: SMBC Venture Capital, Oita Venture Capital and 11 Others
- Latest Funding Round: Series B, Apr 23, 2018, $*****
- 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 6 new investments annually in the last 10 years. In 2025, it made 4 investments, while as of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in ALL in and most recent follow-on round was in SALOWIN.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
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 | 17 |
Consumer | 15 |
Media & Entertainment | 9 |
Gaming | 7 |
Others | 57 |
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 | 7 |
Note: We have considered here, only first round of investments
Colopl Next's recent investments
Colopl Next has made 1 investments in 2026 so far - ALL in.Here are the most recent investments by Colopl Next:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 27, 2026 | Japan | Series A | 3510 | [+4] | |
Nov 11, 2025 | Japan | Seed | 4576 | [+1] | |
Jun 25, 2025 | Japan | Series A | 2825 | [+5] | |
Apr 15, 2025 | - | Seed | 5212 | [+1] | |
Feb 25, 2025 | Japan | Series D | 4062 | [+6] |
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 | - | - | 1766 | |
Jul 26, 2024 | - | - | 1848 | |
Feb 10, 2021 | - | - | 6537 | |
Dec 22, 2020 | Feb 01, 2016 | Series B | 3449 | |
Mar 26, 2020 | - | - | 4706 |
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 | - | - | 3738 | |
Jul 22, 2024 | - | - | 6852 | |
Dec 21, 2022 | - | - | 7167 | |
Oct 27, 2022 | Jul 12, 2018 | Seed | 4510 | |
Jan 05, 2021 | - | - | 7393 |
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, 362 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 61 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: 183 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 116 investors have invested in Colopl Next's portfolio after their investments. Top Investors include SMBC Venture Capital (3 companies), Mizuho Capital (3 companies) and MIXI (2 companies).
Recent News related to Colopl Next
•
CORE Inc. raises seed round for community SNS "CORE" for working womenstartuplog.com•Nov 11, 2025•Anobaka, East Ventures, COLOPL, CoreInc and 2 others
•
Wunderbar Inc., operator of IP marketing platform "Skettt," raises a total of approximately 500 million yen in Series A fundingstartuplog.com•Jun 25, 2025•GENDA Capital, co.jp, NOW, i-nest capital and 4 others
•
Salowin Inc. secures ¥5.2B in Series D funding for its shared salon and salon opening services.startuplog.com•Feb 14, 2025•SALOWIN, HIRAC FUND, Colopl Next, SMBC Venture Capital and 13 others
•
Levellr raises funds for tools to manage Discord communitiesVentureBeat•Nov 01, 2024•Levellr, Fuel Ventures, Colopl Next, LFG Holding and 5 others
•
•
•
•
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
•
Jim Carrey attracts Series A investmentVenture Square•Nov 01, 2023•Jim Carrey, Korea Credit Guarantee Fund, Colopl Next, ES Investor
•
B2B Mobility Service Provider Rybit Secures Over USD Ten Mn inEqualOcean•Jul 05, 2023•EqualOcean, Rybit, Cherubic Ventures, Flexport and 5 others
