DNX Ventures (formerly Draper Nexus) is an early-stage venture capital firm with offices in Silicon Valley and Tokyo, investing in B2B startups across SaaS/Cloud, cybersecurity, deep tech, and sustainability. The firm acts as a bridge between the U.S. and Japanese markets, investing primarily at the Seed and Series A stages.
Deal activity increased 200% year-over-year (9 deals in the last 12 months). Their most common stage is series-a (40% of deals). Average disclosed round size is $39.1M (across 33 rounds with reported amounts).
Portfolio
46
Fund Size
$243M
Top Stage
Series A
Last 12 Mo
5
Team
Mitch Kitamura
Managing Partner / COO
Hiro Rio Maeda
VC Partner
Richard (Rickie) Koo
Partner
Yoshimi Nomura
Partner
Hironobu Maeda
Investor
Lauren Shoemaker
Investor
Q Motiwala
Investor
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
Portfolio
| Company | Round | Amount | Date |
|---|---|---|---|
 InsightX | Series A | — | Feb 2026 |
 Neurophos | Series A | $110M | Jan 2026 |
 Spangle | Series A | $15M | Jan 2026 |
 Crisp | Series B | $26M | Dec 2025 |
 Straya | Unknown | — | Sep 2025 |
 Nalalys | Series A | — | Jun 2025 |
 Kakehashi | Series D | — | Jun 2025 |
 Netrise | Series A | $10M | Apr 2025 |
 Emium | Unknown | — | Apr 2025 |
 Knostic | Series A | $11M | Mar 2025 |
 Planetary Technologies | Series A | $11.3M | Oct 2024 |
 Coalesce | Series B | $50M | Apr 2024 |
 Tensor Energy | Series A | $6M | Mar 2024 |
| Nalalys | Seed | — | Feb 2024 |
 Immedio | Series A | — | Jan 2024 |
 Diligent Robotics | Series B | $25M | Sep 2023 |
 FLUX Inc. | Series B | — | Jun 2023 |
 Mitiga | Series A | $45M | Mar 2023 |
 Techtouch | Unknown | — | Feb 2023 |
 rehasaku | Series A | — | Jan 2023 |
| Immedio | Seed | — | Jul 2022 |
| Diligent Robotics | Series B | $30M | Apr 2022 |
 Bright Security | Series A | $20M | Mar 2022 |
| RRoqad | Series A | $7M | Jan 2022 |
| Mitiga | Series A | — | Dec 2021 |
Top Co-Investors
Last updated: 7 September 2026