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    Development Bank of Japan logo

    Development Bank of Japan

    Tokyo, JapanFounded 2008
    www.dbj.jp/enLinkedIn
    Infrastructure & CloudClimate & EnergyManufacturing

    Development Bank of Japan Inc. (DBJ) is a Japanese government-owned development bank providing integrated investment, lending, and advisory services to domestic companies. It was incorporated on 1 October 2008 under the Development Bank of Japan Inc. Law, succeeding the former Japan Development Bank established in 1951. DBJ's activities include business succession, M&A, financial restructuring, project finance, and growth funding across multiple sectors.

    They made 1 investments in the last 12 months. Average disclosed round size is $364.8M (across 4 rounds with reported amounts).

    Find people at Development Bank of Japan on Goldilocks AI

    Portfolio

    8

    Fund Size

    —

    Top Stage

    Series B

    Last 12 Mo

    1

    Team

    MM

    Makoto Matsuki

    Executive Officer,Head of Investment Research Department

    YT

    Yuki Takemori

    Executive Officer,Head of Innovation Investment Department

    AS

    Akihito Shioya

    Executive Officer,Head of Human Resources Management Department

    Fumiyo Harada

    Fumiyo Harada

    Member of the Board of Directors,Managing Executive Officer

    HM

    Hirofumi Maki

    President and CEO

    Hiroko Kaneko

    Hiroko Kaneko

    Outside Audit & Supervisory BoardMember

    KO

    Kakuichiro Okai

    Managing Executive Officer

    KY

    Kensuke Yabata

    Managing Executive Officer

    Kosei Shindo

    Kosei Shindo

    Outside Member of the Board ofDirectors

    KK

    Kosuke Kodaira

    Executive Officer,Head of Accounting Department

    Koyo Nakamura

    Koyo Nakamura

    Audit & Supervisory BoardMember

    Masaaki Mikayama

    Masaaki Mikayama

    Member of the Board of Directors,Managing Executive Officer

    Portfolio Breakdown

    Stage Distribution

    Sector Distribution

    Investment Activity

    DealsAvg Round Size

    Portfolio

    9 investments
    CompanyRoundAmountDate
    Cesium logoCesiumSeries C$470MFeb 2026
    Terawatt Technology logoTerawatt TechnologySeries C—Jun 2023
    Astroscale Holdings Inc. logoAstroscale Holdings Inc.Series G$76MFeb 2023
    IiSTOXSeries A$50MJan 2021
    Sensyn Robotics logoSensyn RoboticsUnknown—Jan 2018
    Estie logoEstieSeries B——
    Estie logoEstieGrowth——
    Alloyed logoAlloyedSeries B——
    CCFSSeries B$863M—

    Top Co-Investors

    Globis Capital Partners3 shared
    JIC Venture Growth Investments2 shared
    Mitsubishi UFJ Financial Group, Inc.2 shared
    Mitsubishi Corporation2 shared
    Vertex Growth Fund2 shared
    UTEC2 shared
    Global Brain Corporation2 shared
    Hanwha Corporate Venture Capital1 shared
    Mitsubishi Electric1 shared
    Temasek Holdings (Private) Limited1 shared
    Rakuten Capital1 shared
    Khosla Ventures1 shared
    Anglo American1 shared
    Oxford Science Enterprises1 shared
    SPARX Group Co., Ltd.1 shared
    Future Fund1 shared
    ENEOS Innovation Partners1 shared
    ITOCHU Technology Ventures, Inc.1 shared
    Mizuho Bank1 shared
    Sumitomo Mitsui Banking Corporation1 shared

    Last updated: 7 September 2026