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CorporateVentureCapital.com

COLOPL NEXT

Profile, fund size and portfolio

Parent COLOPL, Inc.HQ Tokyo, JapanFounded 2015

COLOPL NEXT is the corporate venture arm of COLOPL, Inc. (mobile and console games, XR and metaverse). It was founded in 2015 and is based in Tokyo, Japan. It invests from Seed to Late stage in advanced technology, btoC, entertainment.

Companies backedS5
282
ExitsS1
66

Every figure links to its source

Snapshot

Investment stage: Seed to Late stage
Data behind this graphic
Data behind this graphic
ItemValue
Stage rangeSeed to Late stage
SectorsAdvanced technology, BtoC, Entertainment, Lifestyle and services, Media and content, Technology
GeographyJapan, Europe and North America, ASEAN, Japan, USA, Korea startups, Korea and Southeast Asia
OfficesTokyo (Minato-ku, Akasaka), Japan, Seoul, South Korea

Sources: S8 Colopl news: Wunderbar investment; S2 COLOPL NEXT about (JP).

Graphic 1 of 3

Investment stage: Seed to Late stage

Investment stage: Seed to Late stageBar showing COLOPL NEXT invests from seed to late stage. Sector chips: advanced technology, btoc, entertainment, lifestyle and services, media and content, technology. Geography: Japan, Europe and North America, ASEAN, Japan, USA, Korea startups, Korea and Southeast Asia.Investment stage: Seed to Late stageCOLOPL NEXTSTAGEPre-seedSeedSeries ASeries BSeries C+GrowthLate stagePORTFOLIO MIXPortfolio by the firm's own tags, share of 180 companiesSaaS24.4% (44)XR19.4% (35)Emerging Tech18.9% (34)AI15% (27)Health13.9% (25)GEOGRAPHYJapan, Europe and North America, ASEANJapan, USA, Korea startupsKorea and Southeast AsiaCorporateVentureCapital.comSources: Colopl news: Wunderbar investment; COLOPL NEXT about (JP)
Data behind this graphic
ItemValue
Stage rangeSeed to Late stage
SectorsAdvanced technology, BtoC, Entertainment, Lifestyle and services, Media and content, Technology
GeographyJapan, Europe and North America, ASEAN, Japan, USA, Korea startups, Korea and Southeast Asia
OfficesTokyo (Minato-ku, Akasaka), Japan, Seoul, South Korea

Sources: S8 Colopl news: Wunderbar investment; S2 COLOPL NEXT about (JP).

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Investments closed by company type
Data behind this graphic
Data behind this graphic
ItemCompaniesShare
SaaS4413.1%
XR3510.4%
Emerging Tech3410.1%
AI278%
Health257.4%
App247.1%
Media195.7%
HR175.1%
Game164.8%
IP164.8%
Sharing133.9%
Ad133.9%
subscription113.3%
Edtech113.3%
D2C82.4%
Influencer82.4%
Security61.8%
Others61.8%
Web330.9%

A company can carry more than one tag

Sources: S5 COLOPL NEXT portfolio (JP/EN, filterable by year, industry, status, country).

Graphic 2 of 3

Investments closed by company type

Investments closed by company typeDonut chart of portfolio by the firm's own tags: SaaS 13.1%, XR 10.4%, Emerging Tech 10.1%, AI 8%, Health 7.4%, App 7.1%, Other (13 tags) 43.8%.Investments closed by company typeCOLOPL NEXT · Portfolio by the firm's own tags336TAGS ON 180 COMPANIESSaaS13.1% 44XR10.4% 35Emerging Tech10.1% 34AI8% 27Health7.4% 25App7.1% 24Other (13 tags)43.8% 147CorporateVentureCapital.comSource: COLOPL NEXT portfolio (JP/EN, filterable by year, industry, status, country)
Data behind this graphic
ItemCompaniesShare
SaaS4413.1%
XR3510.4%
Emerging Tech3410.1%
AI278%
Health257.4%
App247.1%
Media195.7%
HR175.1%
Game164.8%
IP164.8%
Sharing133.9%
Ad133.9%
subscription113.3%
Edtech113.3%
D2C82.4%
Influencer82.4%
Security61.8%
Others61.8%
Web330.9%

A company can carry more than one tag

Sources: S5 COLOPL NEXT portfolio (JP/EN, filterable by year, industry, status, country).

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Scale and capital allocated
Data behind this graphic
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeNot disclosed by the firm.
Companies backed282companiesStated by the firmS5
Exits66exitsStated by the firmS1
Companies on the firm's portfolio page180companiesCounted from the firm's own listS5

Sources: S5 COLOPL NEXT portfolio (JP/EN, filterable by year, industry, status, country); S1 COLOPL NEXT home (JP).

Graphic 3 of 3

Scale and capital allocated

Scale and capital allocatedCOLOPL NEXT headline size not disclosed by the firm. Dot strip of 3 published counts: Companies backed 282; Exits 66; Companies on the firm's portfolio page 180.Scale and capital allocatedCOLOPL NEXTNot disclosed by the firm.COMPANIES BY STATUS ON THE FIRM'S LIST, 180 COMPANIESEXITED 50 · 27.8%ACTIVE 130 · 72.2%COUNTS THE FIRM AND ITS PAGES PUBLISH101001,000Companies backed282 companiesExits66 exitsCompanies on the firm's portfolio page180 companiesStated by the firmCounted from a list or another sourceCorporateVentureCapital.comSources: COLOPL NEXT portfolio (JP/EN; COLOPL NEXT home (JP)
Data behind this graphic
MeasureValueUnitKindSource
Headline sizeNot disclosed by the firm.
Companies backed282companiesStated by the firmS5
Exits66exitsStated by the firmS1
Companies on the firm's portfolio page180companiesCounted from the firm's own listS5

Firms and databases count companies, rounds and investments differently.

Sources: S5 COLOPL NEXT portfolio (JP/EN, filterable by year, industry, status, country); S1 COLOPL NEXT home (JP).

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Where it invests and who leads it

Geography

Headquarters
Tokyo, Japan
Offices
  • Tokyo (Minato-ku, Akasaka), Japan
  • Seoul, South Korea

Investment regionsS8S2

  • Japan, Europe and North America, ASEAN
  • Japan, USA, Korea startups
  • Korea and Southeast Asia

LeadersS3

COLOPL NEXT on LinkedIn

Key facts

FactValueStatusSource
Parent companyCOLOPL, Inc. (TSE: 3668)Single sourceS4
Parent industryMobile and console games, XR and metaverseSingle sourceS8
Founded2015Single sourceS4
HeadquartersTokyo, JapanSingle sourceS4
StatusActiveSingle sourceS6
Capital sourceParent company onlySingle sourceS4
Companies backed282Single sourceS5
Exits66 totalSingle sourceS1
StagesSeed, Series A, Series B, Series C+, Late stageSingle sourceS8

Fund vehicles

VehicleSizeYearNoteSource
Colopl Next Fund No.2 (Colopl VR Fund)USD 50M2016Up to USD 50 million planned, contributed by COLOPL and COLOPL NEXT; VR focusS9
Colopl Next Fund No.4 (Colopl VR Fund 2)USD 50M2017Established 31 Jan 2017; USD 50 million scale; combined VR funds USD 100 millionS11
Colopl Next Fund No.8JPY 5bn2022Upper limit JPY 5,050 million ; formation planned April 2022; COLOPL to hold 99.01%S10
Fund No.1Not published2015Seed-early, student foundersS2
Fund No.3Not published2017Seed-early, mainly under-30 foundersS2
Fund No.5Not published2017Middle-later, IT-focused pure investmentS2
Fund No.6Not published2017Seed-early, student foundersS2
Fund No.7Not published2018Middle-later, IT-focused pure investmentS2
Listed equity fundNot published2018Investments in listed companiesS2
The Next Unicorn FundNot published2020Startups in Korea and Southeast AsiaS2

Portfolio

The firm's portfolio page lists 180 companies: 50 exited, 130 active.S5

The firm also states 282 companies backed. The page list and the stated total measure different things.S5

Companies by status on the firm's list. Status as the firm tags itS5
TagCompaniesShare
Exited5027.8%
Active13072.2%
Portfolio by the firm's own tags. A company can carry more than one tagS5
TagCompaniesShare
SaaS4424.4%
XR3519.4%
Emerging Tech3418.9%
AI2715%
Health2513.9%
App2413.3%
Media1910.6%
HR179.4%
Game168.9%
IP168.9%
Sharing137.2%
Ad137.2%
subscription116.1%
Edtech116.1%
D2C84.4%
Influencer84.4%
Security63.3%
Others63.3%
Web331.7%

Shared portfolio with other corporate VCs

13 companies on the COLOPL NEXT portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company name across the firms' own lists.

FirmSharedCompanies in common
NTT DOCOMO Ventures3Kaizen Platform, Inc., Fyusion, Inc., Lovegraph, Inc.
Z Venture Capital3Kaizen Platform, Inc., AccordX, BUNCH LIVE, INC.
Samsung Next1Theta Labs
Sony Innovation Fund1Theta Labs
Bloomberg Beta1Floreo
NAVER D2SF and NAVER Ventures1Ncer Co., Ltd
Qualcomm Ventures1Owlchemy Labs
Rakuten Capital1PETOKOTO, Inc.
Unilever Ventures1Rael
Comcast Ventures1SPACES
Hakuhodo DY Ventures1Wunderbar.

Companies backed by the most corporate VCs

Every company on the COLOPL NEXT list

180 companies, as listed on the firm's own website: 130 active, 50 exited.S5 Read the firm's list.

Active 130

  • 10ping Inc.
  • AccordX, Inc.
  • ADDS, inc.
  • AESOP Technology, Inc.
  • Aiello AI Inc.
  • Akuodigital Corp.
  • Alice Style, Inc.
  • ALL in Co., Ltd.
  • Arblet Inc.
  • AttoPlex Inc.
  • Autotelicbio, Inc.
  • Bigscreen, Inc.
  • BitStar Inc.
  • Bound Entertainment
  • Bunch Live, Inc.
  • CaseBlink, Inc.
  • ChillStack, Inc
  • closip Inc.
  • CNCure biotech Inc.
  • Coagulant Therapeutics, Inc.
  • ConnexioH, Inc.
  • Coopel, Inc.
  • CORE,Inc.
  • Counter Culture US, Inc.
  • DirectCloud, Inc.
  • Dropee, INC.
  • Ecleo Co., Ltd
  • efoo Inc.
  • Evrika
  • Exosphere Labs Co., Ltd.
  • Experiment7, Inc.
  • Extended Reality Labs Inc.
  • Farmio Holdings Limited
  • Floreo, Inc.
  • Forward, inc.
  • FOVE, Inc.
  • Funtap Joint Stock Company
  • G4M3RZ Inc.
  • Game Server Services, Inc.
  • Gecipe Inc.
  • GreenFuture Tech Inc.
  • Hard Core Technology Corp.
  • HealthHub Co., Ltd
  • HUPRO,inc
  • Immersv, Inc.
  • Infoplus Co. Ltd,
  • Innerspace VR, Inc.
  • InsideMaps Inc.
  • Insta VR
  • Instavino Inc.
  • inSTREAMLY
  • IzanagiGames, Inc.
  • Jaein R&P Corp
  • JAPAN FUDO INDUSTRY Inc.
  • Jellie AI, Inc
  • kakutoku, Inc.
  • LATRICO Inc.
  • Levellr Ltd.
  • Levr Technologies Inc.
  • Little Rooms,Inc.
  • Little Star Media, Inc.
  • Lozi Vietnam Jsc.
  • Mampyeonhan World Co., Ltd
  • Manifest Labs, Inc.
  • MASSLESS CORP.
  • Mepple,Inc.
  • Miroom, Inc.
  • Musicow, Inc.
  • Nanome Inc.
  • Ncer Co., Ltd
  • NEL INC.
  • Neurozen, Inc.
  • NoSchool inc.
  • Npcore, Inc
  • NRISE, Inc.
  • Odd Concepts Inc.
  • OnSiteIQ, Inc
  • PAYTA LAB CORP.
  • Perigee Aerospace, Inc.
  • PETOKOTO, Inc.
  • pickupon Inc.
  • Pinscreen, Inc.
  • PlayLabs CCorp
  • PLAYTANGO, Inc
  • Polyarc, Inc.
  • POSVAX CO. LTD.
  • Pragma,Inc.
  • PT Ayopop Teknologi Indonesia
  • Rael Inc.
  • RambleOn, Inc.
  • RayMed Inc.
  • Realities.io Inc.
  • Resolution Games AB
  • Restream, Inc.
  • Return Helper Limited
  • Rogue Initiative Studios.
  • ROWAN Inc.
  • SamuraiGamers Inc.
  • SHOWPLACE, INC.
  • Skelter Labs Co., Ltd.
  • Snvia Co., Ltd.
  • STYLY,Inc.
  • TableCheck Inc.
  • Tangerine Inc.
  • tanuki tech Co., Ltd.
  • TechnoBlood eSports Inc.
  • TechSword Inc.
  • The New Base
  • TouchSpot Inc.
  • Treasurer Co., Ltd.
  • Tripsight Inc.
  • Truck Lagbe, Inc.
  • TWAVE
  • UCI Therapeutics, Inc.
  • UploadVR, Inc.
  • Urth Inc.
  • User Like, Inc.
  • Utill Inc.
  • VAZ Inc.
  • Video Village Corp.
  • Vinovest Inc.
  • Vivid Vision, Inc
  • Vogoplay Co., Ltd
  • VR Innovator Inc.
  • vuihoc.vn
  • Wonder Technologies, Inc.
  • Wunderbar.
  • YAMAP INC.
  • Youcanevent, Inc.
  • Zimcarry Co., Ltd.

Exited 50

  • A1A Inc.
  • adish co. ltd.
  • airRoom Technologies, Inc.
  • CACH Inc.
  • Channel Corp.
  • Cloudike Inc.
  • Craful Inc.
  • DogHuggy Inc.
  • DRIVEMATE CO., LTD
  • Epigno Co., Ltd.
  • EPISODEN Inc.
  • Fablic Co., Ltd.
  • Flitto Inc.
  • Fuller, Inc.
  • Fyusion, Inc.
  • Hachidori Inc.
  • HOSHIGUMI, Inc.
  • Japan Work, Inc.
  • JSecurity,Inc.
  • Kaizen Platform, Inc.
  • LANCERS, Inc.
  • Laxus Technologies, inc.
  • LIMITLESS ENTERTAINMENT, Ltd.
  • Lit Live, Inc.
  • Lovegraph Inc.
  • MAKEY Inc.
  • Matcher Inc.
  • Mobidays, Inc.
  • New World Company Inc.
  • Nitero, Inc.
  • Omnipresence Inc.
  • ORIGRESS Inc.
  • Owlchemy Labs LLC
  • Papero Inc.
  • Payke, Inc.
  • PlayFab, Inc.
  • requpo inc.
  • Retinad
  • SALOWIN Co., Ltd.
  • Sider, Inc.
  • SODA Inc.
  • SPACES INC.
  • StayList Inc.
  • Symmetry Dimensions Inc.
  • Theta Labs, Inc.
  • Timee, Inc.
  • Torana, Inc
  • Traimmu Inc
  • VRex Lab
  • WAM Group Ltd.

Investments by year

YearNewFollow-onTotalSource
201433S5
201544S5
20163535S5
20171515S5
20181616S5
20191111S5
20201919S5
20213232S5
20221616S5
202399S5
20241010S5
202588S5
202622S5

Notable outcomes

IPOs and acquisitions of portfolio companies. Price shown only where published.

CompanyTypeYearAcquirer or exchangePriceSource
LANCERS, Inc.IPOTYO:4484S5
Kaizen Platform, Inc.IPOTYO:4170S5
Flitto Inc.IPOKOSDAQ:300080S5
Timee, Inc.IPOTYO:215AS5
adish co. ltd.IPOTYO:7093S5
Mobidays, Inc.IPOKOSDAQ:363260S5
PlayFab, Inc.AcquisitionMicrosoft CorporationS5
Owlchemy Labs LLCAcquisitionGoogle LLCS5
Nitero, Inc.AcquisitionAdvanced Micro Devices, Inc.S5
Papero Inc.AcquisitionSnap, Inc.S5
SPACES INC.AcquisitionApple Inc.S5
Omnipresence Inc.AcquisitionGoogle LLCS5
Fablic Co., Ltd.AcquisitionRakuten Group, Inc.S5
SALOWIN Co., Ltd.Acquisition2026Hulic Co., Ltd.S17

For founders

ItemWhat the firm saysSource
StagesSeed, Series A, Series B, Series C+, Late stageS8
Beyond capitalFollow-on investment, fundraising and loan/subsidy support; Collaboration with Colopl group; Collaboration between portfolio companies; overseas expansion and sales support; Recruiting, PR/IR, founding-stage supportS22
Contact formwww.coloplnext.co.jp/contact/S1

Recent rounds

DateCompanyRoundAmountLed by the firmSource
2026-02-27ALL inTotal JPY 800 million raised (round not named); COLOPL NEXT participatedJPY 800MS13
2025-11-11CORESeedNot statedS14
2025-06-25WunderbarSeries A (about JPY 500 million total)JPY 500MS8
2025-04-08UrthSeed round 2nd closeNot statedS15
2025-03-31CaseBlink, Inc.Pre-Seed (USD 2M per The AI Insider, 2025-03-20)USD 2MS16

History

  1. COLOPL NEXT established on 10 Feb 2015 as a Colopl subsidiary; Fund No.1 vintage 2015.S4
  2. Colopl VR Fund (Fund No.2) planned at up to USD 50 million.S9
  3. Colopl VR Fund 2 established 31 Jan 2017; combined VR funds USD 100 million.S11
  4. Listed equity fund started.S2
  5. The Next Unicorn Fund (Korea, Southeast Asia) vintage year.S2
  6. Fund No.8 set up, upper limit JPY 5,050 million.S10
  7. Timee listed on TSE (portfolio company, ticker 215A).S5
  8. Home page reports 282 investments and 66 exits as of 2025-09-30.S1

Where sources disagree

  • Launch year: 2015 (S4) vs 2012 (S21). Company site and Colopl filings say established 10 Feb 2015; VC Review third-party page shows 2012.S4S21
  • Companies backed: 282 investments (home page counter, as of 2025-09-30) (S1) vs 180 company rows on portfolio page (S5) vs over 200 portfolio companies (about page) (S2). Home page counts investments incl. rounds; portfolio page lists companies. Stored 282 as published on home page, label 'Number of investments'.S1S5S2

Official pages

Read the firm's own pages for current information.

Sources

  1. S1COLOPL NEXT home (JP)Firm
  2. S2COLOPL NEXT about (JP)Firm
  3. S3COLOPL NEXT member (JP)Firm
  4. S4COLOPL NEXT company (JP)Firm
  5. S5COLOPL NEXT portfolio (JP/EN, filterable by year, industry, status, country)Firm
  6. S6COLOPL NEXT news indexFirm
  7. S7COLOPL NEXT about (EN)Firm
  8. S8Colopl news: Wunderbar investmentParent company
  9. S9Colopl news: Colopl VR FundParent company
  10. S10TSE timely disclosure: 8th fund (Colopl, 24 Feb 2022)Filing
  11. S11COLOPL NEXT news: Colopl VR Fund 2Firm
  12. S12LinkedIn: Shintaro Yamakami (search result headline)Third-party report
  13. S13COLOPL NEXT news: ALL in investmentFirm
  14. S14COLOPL NEXT news: CORE investmentFirm
  15. S15COLOPL NEXT news: Urth investmentFirm
  16. S16COLOPL NEXT news: CaseBlink investmentFirm
  17. S17COLOPL NEXT news: SALOWIN share transfer to HulicFirm
  18. S18Nikkei Compass: COLOPL NEXT company infoPress
  19. S19Colopl Next KoreaFirm
  20. S20Speeda: Colopl Next investor profileThird-party report
  21. S21VC Review: Colopl NextThird-party report
  22. S22COLOPL NEXT supportFirm

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by COLOPL NEXT or any company named on it. Names and trademarks belong to their owners. Informational only. This is a public-source reference. It is not investment, legal or tax advice and not an offer or solicitation. Sources. Each figure names its source. Figures may have changed. Please read the firm's official pages, linked above. Corrections and takedown. To report an error or ask for a change or removal, use the correction form or email Richard@CorporateVentureCapital.com.

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