Mitsui Sumitomo Insurance Venture Capital (MSIVC) is the corporate venture capital arm of Mitsui Sumitomo Insurance, a subsidiary of MS&AD Insurance Group. It invests in Japanese and global startups scaling to IPO across fintech, SaaS, healthcare, AI, climate tech, and deep tech.
Deal activity decreased year-over-year (1 deal in the last 12 months vs 4 prior). Average disclosed round size is $175.3M (across 21 rounds with reported amounts).
Portfolio
34
Fund Size
$67M
Top Stage
Series A
Last 12 Mo
1
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
42 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Rakuten Medical, Inc. | Series F | — | Jan 2026 |
 Newtrace Private Limited | Series A | $6.3M | Jan 2026 |
 Pale Blue | Series C | $1.5B | Aug 2025 |
 Global Vascular | Series B | — | Jun 2025 |
 Gatebox | Seed | — | Apr 2025 |
 Gaudi Clinical | Growth | — | Jan 2025 |
| PPale Blue Inc. | Series C | $1.5B | Jan 2025 |
| OOokuma Diamond Device (ODD) | Unknown | $27M | Oct 2024 |
 Iwaya Giken | Growth | — | Dec 2023 |
 Albatross Technology | Unknown | — | Dec 2023 |
| PPale Blue Inc. | Series B | — | Oct 2023 |
| VVALT JAPAN | Unknown | — | Oct 2022 |
 smartbank | Series A | $20M | Jul 2022 |
 ArkEdge Space | Series A | — | Jan 2022 |
 Datafluct | Seed | — | Jan 2022 |
 Talentbook | Series C | $450M | Nov 2020 |
 Kyash | Series D | — | Jan 2019 |
 Rentomojo | Series C | $3.8M | Jan 2019 |
 LetsTransport | Series B | $13.5M | Dec 2018 |
 Toreta | Growth | — | Jan 2018 |
 Whill | Seed | $44.5M | Jan 2018 |
| QQPS研究所 | Series A | — | Nov 2017 |
| Toreta | Unknown | — | Oct 2016 |
| Toreta | Growth | $12M | Jan 2016 |
| Toreta | Series B | $41M | Jan 2016 |
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Top Co-Investors
SMBC Venture Capital11 shared
Incubate Fund9 shared
Global Brain Corporation6 shared
Mizuho Capital6 shared
Eight Roads6 shared
JIC Venture Growth Investments5 shared
ITOCHU Technology Ventures, Inc.4 shared
Salesforce Ventures4 shared
World Innovation Lab4 shared
NTT DOCOMO Ventures4 shared
India Quotient3 shared
Mitsui Sumitomo Insurance3 shared
Globis Capital Partners2 shared
InnoVen Capital2 shared
Rebright Partners2 shared
SPARX Group Co., Ltd.2 shared
Speciale Invest2 shared
Peak XV's Surge2 shared
Real Ventures2 shared
Last updated: 20 October 2026