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Monozukuri Ventures
Monozukuri Ventures is a venture capital firm based in Japan and North America specializing in hard tech. It operates venture investment funds for hardware...
Monozukuri Ventures
Monozukuri Ventures is a venture capital firm based in Japan and North America specializing in hard tech. It operates venture investment funds for hardware startups and provides technical consulting on hardware prototyping and manufacturing. In addition to investment, it has a dedicated team supporting hardware prototyping, mass production, and business development.
General information
Firm type
Venture Capital
Year founded
2016
Location
Region
Asia
Country
Japan
City
Kyoto
Corporate office
34 Sujakuhōzōchō, Shimogyo-ku, Kyoto 600-8846, Japan
Additional offices
New York, NY, United States · Toronto, ON, Canada
Principals
Narimasa Makino
CEO
Sector focus
Frequently asked questions
How does Monozukuri Ventures source deal flow differently from a generalist hard-tech VC?
Monozukuri’s sourcing relies on university spinout relationships — particularly with Carnegie Mellon, the University of Pennsylvania, and Kyoto University — and introductions through its industrial corporate LPs and manufacturing partners. Its “Monozukuri Hardware Startup Consortium,” established in 2016 with small-lot manufacturers, funnels founder access early. In North America, its Pittsburgh and New York events, including the annual Monozukuri Demo Day and Deep Tech Forum, create its own founder origination channel rather than depending solely on syndicated rounds.
Does Monozukuri Ventures operate only as a direct-investment VC, or does it also run acceleration programs?
Monozukuri operates as a direct-investment VC but programs an unusually dense set of non-capital activities. It runs the Kyoto Acceleration Program (launched 2021), a Digital Manufacturing Seminar series, and supported the Aichi Manufacturing Acceleration Program in 2024. These programs do not replace the investment function; they serve as an extended founder-engagement layer that surfaces companies before formal fundraising.
Which investment stages does Monozukuri Ventures typically target, and has it written follow-on checks?
The firm signals seed, early-stage, and expansion/late-stage venture exposure. Portfolio evidence confirms follow-on behavior: the firm announced an additional investment in SeaSats in November 2022. Active investment-team members include Nobuhiro Seki, Mikuni Kimura, and Sabrina Sasaki, among others listed against specific portfolio companies on the firm’s site.
Where does Monozukuri Ventures’ second fund stand, and what does its LP base signal?
Monozukuri announced the final close of its second fund in October 2022. Its LP disclosure is not a single named institutional anchor but a consortium of Japanese manufacturing corporations and banks: DMG MORI, ROHM, THK, Yanmar, DBJ, Japan Post Bank, SMBC Venture Capital, and regional financial institutions including Kyoto Bank and Kyoto Shinkin Bank. This base signals a heavily industrial-capital composition rather than the endowment or fund-of-funds LPs typical of US-headquartered hard-tech VCs.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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