# MTG Ventures

MTG Ventures is a Venture Capital based in Nagoya, Japan.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Nagoya, Japan
- **Region:** Asia
- **Address:** 2-8-24 Nishiki, Naka-ku, Nagoya, Aichi 460-0003, Japan
- **Founded:** 2018
- **Assets under management:** Undisclosed
- **Website:** mtgv.vc

## Regulatory record

- **Reports private funds:** No

## About

MTG Ventures is the corporate venture capital arm of MTG, a Japanese brand development company listed on the Tokyo Stock Exchange (TYO: 7806). It focuses on investments in beauty and wellness, food tech, and sports tech. Founded in 2018 in Nagoya, Japan, MTG Ventures has made 57 investments, including a December 31, 2025, investment in Dwilar via a Convertible Note - II.

## Sectors

- Digital Health
- Wellness & Beauty
- AgriTech & FoodTech
- Sports Technology
- Enterprise Software
- AI/ML
- Web3/Blockchain
- Mobility & Transportation
- Robotics & Automation
- Retail Technology
- Healthcare Services

## Offices

- Tokyo, Japan
- Onna, Okinawa, Japan

## People

- Tsuyoshi Fujita — Representative Director
- Kiminari Ito — Representative Partner
- Yuya Matsubuchi — Partner
- Chihiro Nakata — Capitalist
- Yuri Yamamoto — Capitalist
- Takataka Hayashi — Corporate Officer

## Questions

### Who runs investment decisions at MTG Ventures?

Investment decisions are made by the two general partners — Representative Director Tsuyoshi Fujita and Representative Partner Kiminari Ito. The firm operates a flat decision-making structure designed to execute commitments faster than committee-driven Japanese corporate VCs, a posture Fujita brought from his two decades at JAFCO Group. No investment committee beyond the two GPs is disclosed.

### How is MTG Ventures related to the MTG Group?

MTG Ventures is a wholly owned subsidiary of the MTG Group, a Japanese consumer company focused on beauty, wellness, and health products. Unusually, the CVC does not require a pre-existing commercial relationship or strategic collaboration with MTG Group before investing; it evaluates startups on a standalone financial basis and allows synergies to develop post-investment if they emerge naturally.

### Does MTG Ventures invest from a balance sheet or a fund?

The firm deploys capital through two structured vehicles: the VITAL LIFE investment fund, aligned with MTG Group’s ‘health, beauty, and vitality’ mission, and the Central Japan Seed Fund, established in 2022 to target seed-stage companies solving regional challenges. Both operate as investment partnerships, not a general corporate balance-sheet budget.

### What investment stages does MTG Ventures typically target?

MTG Ventures focuses on seed and early-stage investments, matching the Central Japan Seed Fund’s explicit seed mandate and the VITAL LIFE fund’s early-stage orientation. Founder Tsuyoshi Fujita’s prior experience at JAFCO Group spanned seed through late-stage, but MTG Ventures’ own portfolio skews toward companies at or before Series A.

### Which sectors does MTG Ventures explicitly avoid?

The firm does not publish a formal exclusion list. However, the stated investment mandate is confined to startups that align with the VITAL LIFE concept — health, beauty, vitality — and with the Central Japan Seed Fund’s regional thesis. Pure enterprise SaaS, industrial technology, and hard infrastructure outside that scope have not appeared in disclosed portfolio positions.

## Related profiles

- [MTech Capital](https://altss.com/profile/mtech-capital)
- [MTGx Ventures](https://altss.com/profile/mtgx-ventures)

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Last updated: 2026-06-03T20:00:00.000Z

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