# MZ Web3 Fund

MZ Web3 Fund is a Private Equity based in Japan, United States.

## Overview

- **Organization type:** Private Equity
- **Headquarters:** Japan, United States
- **Region:** Asia
- **Address:** Cleveland, OH, United States
- **Founded:** 2022
- **Assets under management:** Undisclosed
- **Website:** web3.mzfund.co.jp
- **LinkedIn:** linkedin.com/company/mzy-creative

## Regulatory record

- **Reports private funds:** No

## About

MZ Web3 Fund is an investment fund founded by Yusaku Maezawa. It focuses on Web3 and Metaverse investments, having made 20 investments to date. MZ Web3 Fund's portfolio includes Akio, a company invested in as part of their Seed VC on September 25, 2025, and Lolli, which exited the portfolio on July 02, 2025.

## Sectors

- Crypto / Web3
- Gaming
- FinTech
- Enterprise Software

## Offices

- London, UK
- San Juan, PR
- San Francisco, CA
- Greenwich, CT
- Dubai, UAE
- Lisbon, Portugal
- Bellaire, TX
- Japan

## People

- Yuki — Representative General Partner
- Yosuke — General Partner
- Miki — Investment Manager
- J.J — Investment Manager
- Masa — Chief Compliance Officer
- Shun — Legal Director
- Rio — Adviser

## Questions

### Who runs investment decisions at MZ Web3 Fund?

Representative General Partner Yuki leads investment decisions, supported by General Partner Yosuke. Yuki's background includes founding and exiting a fashion-tech startup to Zozo in 2017. Yosuke brings operational expertise from founding PayPay, Japan's largest mobile payment service, and serves as chairman of the StableCoin Working Group for the Japan Crypt Business Association.

### How does MZ Web3 Fund source its deals?

The fund's principal partners leverage deep entrepreneurial networks in Japan's consumer-internet and crypto sectors. Yuki's connection to the Maezawa ecosystem via Zozo and Yosuke's standing in regulated Japanese payments create origination channels that span both creative Web3 projects and fintech infrastructure. The firm also publicly invites startups to apply for funding through its website.

### Is MZ Web3 Fund connected to Yusaku Maezawa's other ventures?

The fund's name — MZ — references Yusaku Maezawa's initials, and Yuki's startup was acquired by Maezawa's Zozo in 2017. However, the fund does not disclose a formal capital or governance relationship with Maezawa's family office or other operating businesses. The connection is one of entrepreneurial lineage and network rather than a disclosed structural affiliation.

## Related profiles

- [Mythos Ventures](https://altss.com/profile/mythos-ventures)
- [N29 Capital Partners](https://altss.com/profile/n29-capital-partners)

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Last updated: 2026-07-08T22:45:25.768Z

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