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About UntroD

UntroD is a venture capital firm founded in 2015. It is primarily based out of Tokyo, Japan. As of May 2026, UntroD is an active investor, having invested in 31 companies, with 12 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 Life Sciences to Food and Agriculture Tech and High Tech. Most recently it participated in the $***** Seed round of Cast Bio A lot of funds co-invest with UntroD, with names like Incubate Fund sharing a substantial percentage of its portfolio. UntroD has team of 40 people including 11 partners.
Key Metrics
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed, Series A & 3 more
Deals in last 12 months

UntroD's List of Top Investments

UntroD has a portfolio of 31 companies. Their most notable investments are in Aqua Fusion and VFlow Tech.Their portfolio spans across Japan, Singapore and United Kingdom. They have invested in Life Sciences, Food and Agriculture Tech, High Tech and 15 other sectors, across stages such as Seed, Series A  and 3 more. Here is the list of top investments by UntroD:
Manufacturer of vanadium redox flow batteries for energy storage solutions. These batteries offer safe, scalable, and sustainable options. The company's batteries are suitable for telecom towers, home applications, and solar trackers. They also work for commercial, industrial, off-grid, solar, wind farm, and EV car charging purposes. The batteries can perform grid balancing, diesel genset, and large industry roles.

Key facts about VFlow Tech

  • Founded Year: 2018
  • Location: Singapore (Singapore)
  • Annual Revenue: 3.11M SGD as on Mar 31, 2024
  • Stage: Series A
  • Total Funding till date: $33.5M
  • Employee Count: 85 as on Apr 30, 2026
  • Investors: EDBI, 35V and 34 Others
  • Latest Funding Round: Series A, May 14, 2025, $*****
  • Highlight: Editors' Pick

2. Q5D

Manufacturer of robotic systems for automated electrical wiring harness assembly. These platforms utilize multi-axis robotic arms to perform circuit routing and connection tasks. The technology replaces manual labor in the production of complex electrical systems for various industrial applications. The systems integrate hardware and software to manage circuit paths and component placement. This approach facilitates the production of three-dimensional circuits and electronic assemblies. The equipment supports prototyping and production requirements for manufacturers seeking to automate the assembly of wiring components.

Key facts about Q5D

Data company revolutionizing sustainable pork production through technology and data-driven solutions. They are dedicated to transforming the meat industry, starting with pig farming, into a sustainable ecosystem. Their mission involves fostering a society where diverse values are respected by connecting the culture of appreciating meat with future generations. They build an ecosystem that values environmental resources and respects dietary diversity, improving all aspects of pork production and distribution through data. They offer cloud-based pig farming management support systems using ICT, IoT, and AI, along with automated weight measurement AI pig cameras and environmental sensors. These technologies enable data-driven production management and reduced environmental impact, supporting sustainable agriculture and promoting a circular economy within the pork industry.

Key facts about Eco Pork

Key facts about Hydroleap

  • Founded Year: 2016
  • Location: Singapore (Singapore)
  • Stage: Series A
  • Total Funding till date: $12M
  • Employee Count: 33 as on Apr 30, 2026
  • Investors: EDBI, Victoria and 20 Others
  • Latest Funding Round: Series A, Jul 30, 2025, $*****
Developer of photodynamic therapy device for the treatment of cancer. The company developing the intravascular light irradiation system "ET-BLIT," which delivers light to target tissues for the treatment of cancer such as lung cancer, pancreatic cancer, brain tumors, and other cancers.

Key facts about Illumi Medical

UntroD's Investments by Stage

UntroD has made 13 investments in Seed stage with an average round size of $1.88M, 10 investments in Series A stage with an average round size of $6.42M, 1 investment in Series B stage with an average round size of $5.12M, 1 investment in Series D stage with an average round size of $13.2M and 1 investment in Series E stage with an average round size of $9.51M.
Here are UntroD's investments by stage:
Stage of entry
No. of Investments
Seed
13
Series A
10
Series B
1
Series D
1
Series E
1
Breakdown of UntroD's investments by stage of entrySeed (13)Series A (10)
Note: We have considered here, only first round of investments

UntroD's Investments by Sector

UntroD has a diverse portfolio, with companies operating in the Life Sciences, Sustainability Tech, Energy Tech, Enterprise Applications and Environment Tech. Notably, it has invested in 20 Enterprise (B2B) companies, 20 Tech companies, 12 Tech hardware companies and at least 7 companies focusing on Software.
Here are UntroD's investments by sector:
Sector
No. of Investments
Life Sciences
5
Sustainability Tech
5
Energy Tech
4
Enterprise Applications
4
Environment Tech
4
Others
23
Breakdown of UntroD's investments by sectorsLife Sciences (5)Sustainability Tech (5)
Note: We have considered here, only first round of investments

UntroD's Investments by Geography

UntroD has made most investments in Japan (19), followed by Singapore where it has made 5 investments.
Here are UntroD's investments by geography:
Country
No. of Investments
Japan
19
Singapore
5
United Kingdom
1
Breakdown of UntroD's investments by countriesJapan (19)Singapore (5)
Note: We have considered here, only first round of investments

UntroD's recent investments

UntroD has made 4 investments in 2026 so far. Cast Bio and FORMAS.AI are the latest among them.
Here are the most recent investments by UntroD:
Date
Company
Location
Round Details
Round Amount
Co-Investors
May 18, 2026
-
Seed
9698
-
Apr 30, 2026
Singapore
Seed
6951
Apr 22, 2026
Japan
Seed
9570
-
Mar 02, 2026
Japan
Seed
1970
Dec 26, 2025
Japan
Seed
3352
-

Team profile of UntroD

UntroD has a team of 40 members including 11 Partners located in Japan and Singapore. UntroD's team does not sit on the board of any company as of now.
Here is a list of top team members in UntroD:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Japan
-
-
Partner
Japan
-
Partner
Japan
-
Partner
-
-
-
Partner
-
-
-
Partner
Japan
-
Partner
Singapore
-
Partner
Singapore
-
Partner
Japan
-
Partner
Japan
-
Partner
-
-

Co-investors of UntroD

Over the past 8 years, 133 investors have co-invested in UntroD's portfolio companies. This includes funds and angels.

  • Invested before UntroDWavemaker Impact, SEEDS Capital and 39 others have invested in rounds before UntroD. There are 2 companies where Wavemaker Impact has invested before UntroD and 2 companies where SEEDS Capital has invested before UntroD.
  • Top Co-investors of UntroD69 investors entered a company along with UntroD. These include investors like Incubate Fund (3 companies).
  • Invested after UntroDA total of 23 investors have invested in UntroD's portfolio after their investments. Top Investors include Antares Ventures (2 companies), EDBI (2 companies) and PSA International (1 company).

Recent News related to UntroD

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