Cool Japan Fund is a public-private investment fund established in 2013 under the Japanese government's Cool Japan strategy to promote the overseas expansion of Japanese culture, products, and services. It provides risk capital to businesses in media, content, food, fashion, and tourism sectors.
Deal activity increased 50% year-over-year (3 deals in the last 12 months). Average disclosed round size is $21.6M (across 13 rounds with reported amounts).
Portfolio
15
Fund Size
$945.6M
Top Stage
Series B
Last 12 Mo
3
Team
Kenichi Sawaya
Managing Director
Ryoji Nishimura
Managing Director
Toyoaki Kobayashi
Director
Satoshi Uchikawa
Vice President, Strategic Investment Group
Thomas Tamura
Vice President
Yushin Kohara
Vice President
Akira Takahata
Cross-Border Growth Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 PolicyStreet | Series C | $26M | Jul 2026 |
| KKONVY PTE. LTD. | Series B | $22M | May 2026 |
 Brave group | Series E | $10M | Jan 2026 |
| KKONVY PTE. LTD. | Series B | $22M | Jan 2026 |
 Carro | Growth | $60M | Sep 2025 |
 Funding Societies | Growth | $25M | Dec 2024 |
 KKday | Growth | — | Dec 2024 |
 Grover | Bridge | — | Jul 2024 |
 wonderpla | Unknown | $9.2M | Jan 2019 |
 Clozette | Series C | $10M | Jan 2019 |
 Tastemade | Series E | $35M | Oct 2018 |
| Funding Societies | Series B | $25M | Apr 2018 |
 Tokyo Otaku Mode | Series B | — | Jan 2014 |
| Tastemade | Series C | $25M | Jan 2013 |
 Vpon Holdings | Series B | $7M | — |
| BBrave group Inc. | Unknown | — | — |
| Tokyo Otaku Mode | Series B | — | — |
 Aiello AI Inc. | Unknown | $5M | — |
 Daiz | Series C | — | — |
Top Co-Investors
Last updated: 7 October 2026