About Line Ventures
Line Ventures is a venture capital firm founded in 2014. It is primarily based out of Tokyo, Japan. As of Aug 2022, Line Ventures has invested in 27 companies. It primarily invests in Seed round in Japan based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Retail and High Tech. Most recently it participated in the $***** Series A round of Zhixie Huitong (Beijing) Technology Overall, Line Ventures portfolio has seen 7 acquisitions including key companies like Bear Robotics, Syte and iPrice. A lot of funds co-invest with Line Ventures, with names like Access Ventures sharing a substantial percentage of its portfolio.Key Metrics
Portfolio Count
Portfolio Sectors
Rounds of Entry
Series A, Series B & 2 more
Portfolio Acquisitions
Portfolio Soonicorns
Line Ventures' List of Top Investments
Line Ventures has a portfolio of 27 companies. Their most notable investments are in True Balance and PocketConcierge.Their portfolio spans across Japan, Singapore, United States and 7 more locations. They have invested in Enterprise Applications, Retail, High Tech and 14 other sectors, across stages such as Series A, Series B and 2 more. Here is the list of top investments by Line Ventures:Digital platform providing financing solutions for small businesses. It offers various financing options, including micro loans, term loans, and invoice financing. It aims to provide accessible and reliable financing to support business growth. The platform also facilitates debt investments for individual and institutional investors.
Key facts about Funding Societies
- Founded Year: 2015
- Location: Singapore (Singapore)
- Annual Revenue: $48.7M as on Dec 31, 2023
- Stage: Series D
- Total Funding till date: $242M
- Employee Count: 57 as on Mar 31, 2026
- Investors: SoftBank Vision Fund, Endeavor and 53 Others
- Latest Funding Round: Series D, Mar 20, 2025, $*****
- Highlight: Editors' Pick
2. Amartha
Microfinance P2P lending platform. It is an Indonesia-based P2P lending platform that connects micro-entrepreneurs and SMEs with investors. It allows individual as well as institutional investors to invest on their platform. The borrowers post the listing on the platform specifying the amount and the tenure for the loan. The lenders can browse and choose the desired listings.
Key facts about Amartha
Developer of autonomous mobile robots for various industries and applications. The company provides robots designed for use in restaurants, senior living facilities, hospitals, entertainment venues, hotels, and airport lounges. These robots also serve warehouses, factories, and ghost kitchens. The robots are engineered for efficient delivery on various surfaces and navigation in tight spaces.
Key facts about Bear Robotics
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $175M
- Employee Count: 254 as on Mar 31, 2026
- Investors: SoftBank, Lotte and 15 Others
- Latest Funding Round: Series C, Mar 12, 2024, $*****
- Highlight: Acquired

4. ZUZU
Platform offering independent hotel management software and solutions. It features solutions for revenue management, booking management, channel management, property management, reputation management, analysis, and more. The platform combines real-time reporting with market intelligence solutions.
Key facts about ZUZU
- Founded Year: 2016
- Location: Singapore (Singapore)
- Annual Revenue: 12.2M SGD as on Dec 31, 2024
- Stage: Series B
- Total Funding till date: $21.6M
- Investors: Atinum Investment, SBVA and 24 Others
- Latest Funding Round: Series B, Aug 28, 2025, $*****
- Highlight: Editors' Pick

5. True Balance
Provider of personal loans and prepaid payment instruments via mobile wallet. It facilitates personal loans to salaried and self-employed individuals, with loan limits determined by credit score and income. It also provides a mobile wallet that facilitates recharges and bill payments.
Key facts about True Balance
- Founded Year: 2014
- Location: Gurugram (India)
- Annual Revenue: ₹914Cr as on Mar 31, 2025
- Stage: Series D
- Total Funding till date: $90M
- Employee Count: 119 as on Mar 31, 2025
- Investors: SBVA, Northern Arc Capital and 42 Others
- Latest Funding Round: Conventional Debt, Mar 09, 2026, $*****
- Highlight: Editors' Pick
Line Ventures' Year-on-Year Investment Trends
Line Ventures has invested in 27 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. Its most recent first time investment was in Zhixie Huitong (Beijing) Technology and most recent follow-on round was in iprice Malaysia.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 1 | 0 | 1 |
2021 | 0 | 0 | 0 |
2020 | 2 | 0 | 2 |
2019 | 5 | 2 | 7 |
2018 | 5 | 0 | 5 |
Line Ventures' Investments by Stage
Line Ventures has made 7 investments in Series A stage with an average round size of $10.1M, 5 investments in Series B stage with an average round size of $14.3M, 2 investments in Seed stage and 1 investment in Series C stage with an average round size of $20M.Stage of entry | No. of Investments |
|---|---|
Series A | 7 |
Series B | 5 |
Seed | 2 |
Series C | 1 |
Note: We have considered here, only first round of investments
Line Ventures' Investments by Sector
Line Ventures has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Financial Services and Food and Agriculture Tech. Notably, it has invested in 21 Tech companies, 16 Consumer (B2C) companies, 12 Enterprise (B2B) companies and at least 10 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 5 |
Enterprise Applications | 4 |
FinTech | 4 |
Financial Services | 3 |
Food and Agriculture Tech | 3 |
Others | 12 |
Note: We have considered here, only first round of investments
Line Ventures' Investments by Geography
Line Ventures has made most investments in Japan (4), followed by Singapore where it has made 3 investments.Country | No. of Investments |
|---|---|
Japan | 4 |
Singapore | 3 |
Indonesia | 2 |
Malaysia | 2 |
China | 1 |
Others | 3 |
Note: We have considered here, only first round of investments
Line Ventures' recent investments
Line Ventures has not made any investment in 2026 so far.Here are the most recent investments by Line Ventures:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 09, 2022 | China | Series A | 7222 | ||
Sep 11, 2020 | Thailand | Series A | 3060 | [+2] | |
Jan 22, 2020 | United States | Series A | 7079 | [+4] | |
Dec 13, 2019 | Malaysia | Series A | 8508 | - | |
Nov 27, 2019 | Indonesia | Series B | 4587 |
Acquired companies in Line Ventures' Portfolio
7 companies from Line Ventures' portfolio have been acquired. The most recent acquisition was Bear Robotics in Jan 2025 by LG for $*****.Here are Line Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jan 24, 2025 | Jan 22, 2020 | Series A | 1216 | |
Dec 04, 2024 | - | - | 2274 | |
Apr 04, 2023 | Mar 12, 2018 | Series B | 6265 | |
Apr 04, 2023 | Mar 12, 2018 | Series A | 5904 | |
Jan 22, 2020 | - | - | 6765 |
Co-investors of Line Ventures
Over the past 11 years, 168 investors have co-invested in Line Ventures's portfolio companies. This includes funds and angels.
- Invested before Line Ventures: Asia Venture Group, Alpha JWC Ventures and 52 others have invested in rounds before Line Ventures. There are 3 companies where Asia Venture Group has invested before Line Ventures and 2 companies where Alpha JWC Ventures has invested before Line Ventures.
- Top Co-investors of Line Ventures: 27 investors entered a company along with Line Ventures. These include investors like Access Ventures (2 companies).
- Invested after Line Ventures: A total of 87 investors have invested in Line Ventures's portfolio after their investments. Top Investors include JG Digital Equity Ventures (3 companies), Norfund (2 companies) and Community Investment Management (2 companies).
Recent News related to Line Ventures
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YJ Capital merges with Line Ventures, launches new $271m fundTech in Asia•Apr 01, 2021•Z Holdings, YJ Capital, Line Ventures
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iPrice received investment from IGDEVVietnam Investment Review•Sep 24, 2020•iPrice, Line Ventures, Daiwa PI Partners, ACA Investments
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iPrice adds more funding into Series B to accelerate growth in Philippinese27•Sep 18, 2020•iPrice, JG Digital Equity Ventures, ACA Investments, Daiwa PI Partners and 5 others
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Thailand Insurtech Sunday Secures $9 Million Through Series B Bridge Round Led By SCB 10XCrowdfund Insider•Sep 11, 2020•Sunday, SCB 10X, Vertex Ventures, Quona and 3 others
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NTT DOCOMO Ventures Invests in Photosynth Inc., Which Offers a Cloud Physical Access Control SystemWebwire•Aug 04, 2020•Photosynth, Ntt Docomo Ventures, Global Brain, 31VENTURES and 6 others
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Malaysia's iPrice Group raises $10m Series B led by ACA InvestmentsDeal Street Asia•Mar 02, 2020•iPrice, ACA Investments, Daiwa PI Partners, Line Ventures and 2 others
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Indonesian online lender UangTeman raises $10m in series B roundTech in Asia•Feb 20, 2020•UangTeman, ACA Investments, Pegasus Tech Ventures, Spiral Ventures and 6 others
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Bear Robotics Raises $32M Series A. That’s a Lot of (Robot) PenniesThe Spoon•Jan 22, 2020•Bear Robotics, SoftBank, Line Ventures, Lotte and 4 others
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Amartha secures series B funding from LINE VenturesIDNFinancials•Nov 27, 2019•Amartha, Line Ventures, Bamboo Capital Partners, UOB and 1 other

