Venture Capital

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SFC Forum

SFC Forum Fund, established by Keio University Shonan Fujisawa Campus, is a venture capital investment fund that invests in seed-stage start-ups.

SFC Forum logo

SFC Forum

SFC Forum Fund, established by Keio University Shonan Fujisawa Campus, is a venture capital investment fund that invests in seed-stage start-ups. It is also described as a Private Equity Firm.

General information

Firm type

Venture Capital

Year founded

1990

AUM

Undisclosed

Location

Region

Asia

Country

Japan

City

Fujisawa-shi

Corporate office

5322 Endo, Fujisawa-shi, Kanagawa 252-0816, Japan

Principals

Jiro Kokuryo

Representative Director

Hitoshi Takano

Representative Director

Masatoshi Tanaka

Representative Director

Ichiro Yamanaka

Representative Director

Sector focus

Venture (General)CybersecurityDeep Tech

Frequently asked questions

Who runs investment decisions at SFC Forum?

The representative-director board — Jiro Kokuryo, Hitoshi Takano, Masatoshi Tanaka, and Ichiro Yamanaka — governs the foundation. The forum operates a dedicated fund business division whose investment-committee structure is not publicly detailed, but the board collectively oversees the foundation's activities, including its venture investing and government-contract work.

How does SFC Forum source deal flow?

Proprietary deal flow flows from the Shonan Fujisawa Campus (SFC) research pipeline and the SFC Innovation Village (SFC-IV) in Fujisawa. The forum also runs a recurring closed luncheon series — over 170 events — where faculty present research directly to corporate members, creating an informal origination channel that blends academic insight with executive relationships.

Is SFC Forum a single family office or does it operate more like a venture firm?

Neither. It is a Japanese general incorporated foundation that houses a venture-capital fund business. It has no single-family wealth origin — it was founded by Keio University faculty alongside corporate Japan in 1990 and reincorporated as a foundation in 2012. Its investment activity runs through an internal fund operations division, not a family balance sheet.

Does SFC Forum co-invest alongside external venture firms?

The forum does not publicly disclose its co-investment posture. Its disclosed model suggests it can operate both as a direct investor through its fund business and as a government contractor — for instance, it ran a JICA cybersecurity-training program for the Indo-Pacific region in 2023 — but the terms under which it invests alongside external VCs are not published.

What investment stages does SFC Forum typically target?

Per Altss research, the forum targets seed and early-stage companies, with a general venture mandate. The firm's capture of the SHIN Minato Mirai venture-growth hub contract in April 2024 further confirms a focus on acceleration-stage and growth-stage venture support in Kanagawa Prefecture.

How is SFC Forum related to Keio University's endowment?

SFC Forum is a legally separate general incorporated foundation, not the university's endowment. It collaborates closely with Keio's Shonan Fujisawa Campus — its directors include a Keio professor emeritus, and its office sits on campus — but it raises its own corporate memberships and operates its fund and government-contract businesses independently.

What is SFC Forum's known geographic focus?

Geographically, SFC Forum operates from Kanagawa Prefecture with a domestic Japanese venture focus, but it has also executed cross-border government work — notably a 2023 JICA contract for industrial cybersecurity training targeting the Indo-Pacific region, and a 2026 YouTube policy series covering US-China-Japan strategic affairs.

Profile maintained by 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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