Hiroshima Venture Capital

Hiroshima Venture Capital Co., Ltd. (H-VC) is a Japanese venture capital firm founded in 1995 and headquartered in Hiroshima, Japan. The firm provides investment and financing, market research, and business support services to small and medium-sized companies with high growth potential, and has built a track record of 119 investments over three decades. With 14 portfolio IPOs and over 4 acquisitions, H-VC is one of the more productive regional venture capital firms in Japan in terms of exit volume. The firm invests across pre-seed through Series B stages with checks typically ranging from $100,000 to $3 million, covering software, health technology, biotech, e-commerce, and AI sectors. Recent IPO exits include Laxus, which listed on the Tokyo Stock Exchange in December 2024 with a $34.9 million market cap, and D&M Company, which also listed on the TSE. Notable exits include Future Standard, acquired by DENSO Corporation in December 2024. Recent investments include Light Touch Technology (February 2026), Olive (January 2026, co-invested with Aichi Capital, Canon MJ MIRAI Fund, and Ignition Point Venture Partners), and Smooth ($10.18 million Series B, December 2025). Other active portfolio companies include SPACER, INDUSTRIALX, KOMPEITO, Integriculture (a cell-based food startup), and Ababa. H-VC co-invests extensively with Japan's regional and institutional VC community, partnering with firms such as SMBC Venture Capital, Mitsubishi UFJ Capital, and CyberAgent Capital. With a small team of three members, the firm maintains a concentrated, high-conviction investment style with deep ties to the Hiroshima and broader western Japan startup ecosystem.