Spiral Ventures

CEO Yuji Horiguchi leads the firm from its Singapore headquarters. The investment team operates across offices in Delhi, Jakarta, and Tokyo, with additional investment professionals including Sujit Kunte and Takeo Takahashi. The firm's website describes a team structure combining global experience with local operational understanding.

Spiral Ventures uses a multi-country footprint — Singapore, Delhi, Jakarta, and Tokyo — to surface opportunities that fall between local seed networks and pan-Asian growth funds. The firm's explicit focus on bridging Japanese institutional capital with Southeast Asian and Indian founders creates deal flow that other regional VCs without a Tokyo presence may not see.

Spiral Ventures operates as a direct investor in companies, not as a fund-of-funds. Its strategy spans seed through Series A+ using equity and convertible instruments such as SAFE notes and convertible notes. There is no public evidence that the firm commits capital to external venture funds.

The firm uses a stage-specific approach split by geography. In India, it focuses on seed and early-stage companies; across Southeast Asia, it targets early- to growth-stage businesses. Initial checks start below USD 100,000, scaling to a maximum of USD 1 million for follow-on rounds once product-market fit and unit economics are validated.

Spiral Ventures does not publish an explicit exclusion list. Its investment policy centers on 'X-Tech' — technology applied across traditional industries — with a portfolio spanning enterprise SaaS, fintech, agritech, logistics, and digital health. Industries requiring deep hard-tech or biotech infrastructure, such as semiconductors or drug discovery, are absent from its disclosed portfolio.

The firm's Tokyo office and explicit IPO advisory service for the Tokyo Stock Exchange signal a structural link to Japanese institutional investors and public markets. Spiral Ventures positions itself as a bridge, offering portfolio companies in India and Southeast Asia a path to Japanese liquidity, corporate partnerships, and retail investor exposure.

Spiral Ventures does not publicly disclose any associated philanthropic foundation or donor-advised fund. Its disclosed entities are limited to Spiral Ventures Pte. Ltd., a registered fund management company with the Monetary Authority of Singapore, focused exclusively on venture capital.