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The Venture Codex

Overview

Corporate venture capital group providing funding and operational support.

Founded

1997

Deals · 12mo

2

Stage focus

Series A
Series B
Series C

Geographic focus

Japan
Singapore
Spain
United Kingdom
...

Sector focus

Finance
Financial Services
FinTech

Investment portfolio

23rounds
NAMEDATESIZE
InsightX
Feb 2026Led
$1 MSeries A
Manpuku Holdings
Jan 2026Participated
$22 MSeries C
MOV
May 2024Participated
$10 MSeries B
Leal
Jan 2024Led
$5 MSeries B
Baaz Bikes
Dec 2023Participated
$8 MSeries A
Petokoto
Dec 2023Participated
$3 MSeries B
Airalo
Jul 2023Participated
$60 MSeries B
Ubie
Dec 2022Participated
$19 MSeries C
Proof of Impact
Aug 2022Led
$6 MSeries A
Twid
Aug 2022Led
$12 MSeries A
Robin.io
Jun 2021Led
$38 MSeries C
Ladorian
Nov 2020Led
$6 MOther Equity
InsightX
Feb 2026Led
$1 MSeries A
Manpuku Holdings
Jan 2026Participated
$22 MSeries C
MOV
May 2024Participated
$10 MSeries B
Leal
Jan 2024Led
$5 MSeries B
Baaz Bikes
Dec 2023Participated
$8 MSeries A
Petokoto
Dec 2023Participated
$3 MSeries B
Airalo
Jul 2023Participated
$60 MSeries B
Ubie
Dec 2022Participated
$19 MSeries C
Proof of Impact
Aug 2022Led
$6 MSeries A
Twid
Aug 2022Led
$12 MSeries A
Robin.io
Jun 2021Led
$38 MSeries C
Ladorian
Nov 2020Led
$6 MOther Equity
23
Items
...
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Insights

Time horizon

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Deal Distribution

Rakuten Capital: 23 funding rounds are recorded in the selected participation categories.All available history.
Rakuten Capital: 23 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Series A31
Series B24
Series C+44
Other Equity32

Monthly Deal Activity

Rakuten Capital: 23 deals are recorded across 109 months.All available history.
Rakuten Capital: 23 deals are recorded across 109 months. All available history
MonthDeals
Oct '172
Nov '170
Dec '170
Jan '181
Feb '180
Mar '180
Apr '180
May '181
Jun '180
Jul '181
Aug '180
Sep '180
Oct '181
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '191
May '190
Jun '190
Jul '190
Aug '193
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '201
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '211
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '222
Sep '220
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '231
Aug '230
Sep '230
Oct '230
Nov '230
Dec '232
Jan '241
Feb '240
Mar '240
Apr '240
May '241
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '250
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '261
Feb '261
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Rakuten Capital: Enterprise Software is the largest displayed sector by deal count (8 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Rakuten Capital: Enterprise Software is the largest displayed sector by deal count (8 deals). All available history
SectorDeals
Enterprise Software8
E-Commerce & Retail7
Transportation & Logistics5
Networks, Cloud & Communication5
Data, Analytics & IT4
Fintech4
Travel & Hospitality3
Consumer & Lifestyle3
Marketing & Advertising3
AI & Machine Learning3
Hardware & Robotics2
Media & Entertainment2
Food & Agriculture2
Developer Tools2
Health & Life Sciences1
Professional Services1

Deal Size Distribution

Rakuten Capital: 23 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Rakuten Capital: 23 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M2
$5M-$10M5
$10M-$25M7
$25M-$50M5
$50M-$100M2
$100M-$250M2
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Rakuten Capital: Europe has the largest recorded deal count among the displayed regions (8 deals).All available history.

Top 8 of 8 regions; European countries are grouped as Europe.

Rakuten Capital: Europe has the largest recorded deal count among the displayed regions (8 deals). All available history
RegionDeals
Europe8
Japan5
United States4
Singapore2
India1
China1
Malaysia1
Colombia1
Rakuten Capital: 20 co-investors are shown, with Cathay Innovation sharing 2 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Rakuten Capital: 20 co-investors are shown, with Cathay Innovation sharing 2 recorded deals. All available history
Co-investorShared deals
Cathay Innovation2
Endeavor Catalyst2
Seaya Ventures2
Surge2
9Unicorns1
AAIC1
Accel1
Advaita Capital1
Allianz X1
AmRest1
Antler1
Asia Partners1
Asiri1
Atresmedia1
B Dash Ventures1
Beenext1
BIG Capital1
Blockrocket VC1
Bonsai Venture Capital1
Caixa Capital Risc1

Investment Strategy

Rakuten Capital: Led accounts for 52% and participating for 48% of round participation.All available history.
Rakuten Capital: Led accounts for 52% and participating for 48% of round participation. All available history
CategoryDeals (count)Share (%)
Led1252%
Participating1148%
Rakuten Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Rakuten Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead650%
Co-led650%

Team

Hiroshi Takasawa

Managing Executive Officer

Oskar Miel

Managing Partner