About UntroD
UntroD is a venture capital firm founded in 2015. It is primarily based out of Tokyo, Japan. As of Oct 2026, UntroD is an active investor, having invested in 39 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 Jaops A lot of funds co-invest with UntroD, with names like JFC sharing a substantial percentage of its portfolio. UntroD has team of 36 people including 10 partners.Key Metrics
UntroD's List of Top Investments
UntroD has a portfolio of 39 companies. Their most notable investments are in Aqua Fusion and VFlow Tech.Their portfolio spans across Japan, Singapore, United Kingdom and 1 more locations. They have invested in Life Sciences, Food and Agriculture Tech, High Tech and 14 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by UntroD:1. 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
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2. VFlow Tech
Manufacturer of vanadium redox flow batteries for energy storage systems. These systems utilize liquid electrolyte solutions to store electrical energy for long durations. The technology provides a method for managing power loads and integrating renewable energy sources into electrical grids. The hardware includes stack designs and management systems to regulate charge and discharge cycles. These units are designed for industrial, commercial, and off-grid applications requiring consistent power availability.
Key facts about VFlow Tech
3. Eco Pork
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
- Founded Year: 2017
- Location: Tokyo (Japan)
- Stage: Series C
- Total Funding till date: $33.9M
- Employee Count: 21 as on Aug 31, 2026
- Investors: Mizuho Bank, JFC and 16 Others
- Latest Funding Round: Series C, Feb 13, 2026, $*****
- Highlight: Editors' Pick
Developer of hybrid rocket engines for space solutions. It provides users with a developing and manufacturing hybrid rocket engines with a focus on large scale production to make space travel more accessible.
Key facts about MJOLNIR SPACEWORKS
- Founded Year: 2020
- Location: Sapporo (Japan)
- Stage: Series B
- Total Funding till date: $15.3M
- Employee Count: 18 as on Aug 31, 2026
- Investors: Z Venture Capital, JIC Venture Growth Investments and 5 Others
- Latest Funding Round: Series B, May 29, 2026, $*****
- Highlight: Editors' Pick
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
- Founded Year: 2023
- Location: Nagoya (Japan)
- Stage: Series A
- Total Funding till date: $5.69M
- Investors: JFC, SMBC Venture Capital and 11 Others
- Latest Funding Round: Series A, Apr 30, 2026, $*****
- Highlight: Editors' Pick
UntroD's Year-on-Year Investment Trends
UntroD has invested in 39 companies over the last 8 years, with an average of 6 new investments annually in the last 5 years. In 2025, it made 14 investments, while as of Oct 2026, it has made 9 investments in this year. Its most recent first time investment was in Jaops and most recent follow-on round was in Illumi Medical.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 9 | 0 | 9 |
2025 | 11 | 3 | 14 |
2024 | 4 | 0 | 4 |
2023 | 3 | 0 | 3 |
2022 | 3 | 0 | 3 |
2021 | 0 | 0 | 0 |
2020 | 0 | 0 | 0 |
2019 | 0 | 1 | 1 |
2018 | 1 | 0 | 1 |
UntroD's Investments by Stage
UntroD has made 17 investments in Seed stage with an average round size of $2.13M, 11 investments in Series A stage with an average round size of $6.65M, 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.Stage of entry | No. of Investments |
|---|---|
Seed | 17 |
Series A | 11 |
Series B | 1 |
Series D | 1 |
Series E | 1 |
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, Environment Tech and High Tech. Notably, it has invested in 26 Tech companies, 24 Enterprise (B2B) companies, 14 Tech hardware companies and at least 8 companies focusing on Software.Sector | No. of Investments |
|---|---|
Life Sciences | 6 |
Sustainability Tech | 6 |
Energy Tech | 5 |
Environment Tech | 5 |
High Tech | 5 |
Others | 26 |
Note: We have considered here, only first round of investments
UntroD's Investments by Geography
UntroD has made most investments in Japan (22), followed by Singapore where it has made 5 investments.Country | No. of Investments |
|---|---|
Japan | 22 |
Singapore | 5 |
United Kingdom | 1 |
United States | 1 |
Note: We have considered here, only first round of investments
UntroD's recent investments
UntroD has made 9 investments in 2026 so far. Jaops and ARK are the latest among them.Here are the most recent investments by UntroD:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 01, 2026 | - | Seed | 3059 | - | |
Sep 17, 2026 | Japan | Series A | 7661 | [+9] | |
Aug 26, 2026 | United States | Seed | 6706 | [+3] | |
Jun 25, 2026 | Japan | Seed | 5608 | ||
Jun 02, 2026 | Japan | Seed | 6230 | [+2] |
Team profile of UntroD
UntroD has a team of 36 members including 10 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 | - | - | - | |
Partner | - | - | - | |
Partner | Japan | - | ||
Partner | Singapore | - | ||
Partner | Singapore | - | ||
Partner | Japan | - | ||
Partner | Japan | - | ||
Partner | - | - |
Co-investors of UntroD
Over the past 8 years, 159 investors have co-invested in UntroD's portfolio companies. This includes funds and angels.
- Invested before UntroD: SEEDS Capital, Entrepreneurs First and 45 others have invested in rounds before UntroD. There are 2 companies where SEEDS Capital has invested before UntroD and 2 companies where Entrepreneurs First has invested before UntroD.
- Top Co-investors of UntroD: 85 investors entered a company along with UntroD. These include investors like JFC (3 companies).
- Invested after UntroD: A total of 27 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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ARK Secures 1.3 Billion Yen in Series A Funding for Land-Based Aquaculture SystemsJapan Agricultural News•Sep 17, 2026•Beyond Next Ventures, UntroD, Bpcapital, Resona Group and 1 other
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Aitane Secures ¥30 Million to Enhance AI Sales Agent CapabilitiesSogyo Techo•Jun 16, 2026•co.jp, The Gogin Capital, Beam Technologies, UntroD and 1 other
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Singapore's FORMAS.AI Raises $3.98M Pre-Seed to Revolutionize AI-Powered Design in ConstructionBEAMSTART•Apr 29, 2026•Vertex Ventures, FORMAS.AI, UntroD, Orvel Ventures and 1 other
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Japanese Agritech Startup Culta Raises $4.5M Pre-Series ABEAMSTART•Apr 14, 2026•Culta, UntroD, Archetype Ventures, Nissay Capital
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CULTA, a Next-Generation Variety Development Startup, Raises 700 Million YenSogyo Techo•Mar 02, 2026•Culta, UntroD, Archetype
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Japan Superconducting Application Development Raises 500 Million Yen in Pre-Series A RoundStartup Log•Nov 11, 2025•Cho-dendo.jp, UntroD
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Blue Whale Energy nets US$2M to power Singapore’s first battery-based virtual power plante27•Oct 30, 2025•UntroD, Forge Ventures, Monk's Hill Ventures, Yamada Shokai Holdings Co., Ltd. and 1 other
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Ilumi Medical raises 340 million yen in Series A round 1st closeStartup Log•Oct 20, 2025•Mint, Illumina, UntroD, Illumi Medical and 5 others
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UMIAILE Raises 1.575 Billion Yen in Seed Round for Marine Robotics DevelopmentStartup Log•Oct 16, 2025•UntroD, Honda, UMIAILE, Enedym and 1 other
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