MLC Ventures
Profile, fund size and portfolio
MLC Ventures is the corporate venture arm of Mitsubishi Logistics, a logistics and transportation company. It was founded in 2023 and is based in Tokyo, Japan. It invests from seed to Series B. Sectors it names: logistics and supply chain, real estate and proptech.
Every figure links to its source
Snapshot
Data behind this graphic
| Item | Value |
|---|---|
| Stage range | Seed to Series B |
| Sectors | Logistics and supply chain, Real estate and proptech, Sector agnostic |
| Geography | Global |
| Offices | Tokyo, Japan |
Sources: S1 Mitsubishi Logistics: establishment of CVC fund.
Data behind this graphic
| Measure | Value | Unit | Kind | Source |
|---|---|---|---|---|
| Headline size | JPY 5bn | Fund size | Stated by the firm or its parent | S1 |
| Companies backed | 13+ | companies | Stated by the firm | S9 |
| Companies on the firm's portfolio page | 13 | companies | Counted from the firm's own list | S2 |
Sources: S1 Mitsubishi Logistics: establishment of CVC fund; S9 MLC Ventures: news release Luup; S2 PR Times: MLC Ventures invests in T2.
Where it invests and who leads it
LeadersS18
- Yuko OkuyaRepresentative DirectorFind on LinkedInFirm page
- Shunji SekimotoDirector and Head of InvestmentsFind on LinkedInFirm page
- 相野 勇雄DirectorFind on LinkedInFirm page
- 岡崎 泰之Manager, Investment DepartmentFind on LinkedInFirm page
Key facts
| Fact | Value | Status | Source |
|---|---|---|---|
| Parent company | Mitsubishi Logistics (TSE: 9301) | Single source | S1 |
| Parent industry | Logistics and transportation | Single source | S1 |
| Founded | 2023 | Single source | S2 |
| Headquarters | Tokyo, Japan | Single source | S2 |
| Status | Active | Single source | S1 |
| Capital source | Parent company only | Single source | S1 |
| Headline size | JPY 5bn (Fund size) | Single source | S1 |
| Companies backed | 13+ | Single source | S9 |
| Stages | Seed, Series A, Series B (inferred from announced rounds) | Estimate | S1 |
Recent rounds
| Date | Company | Round | Amount | Source |
|---|---|---|---|---|
| 2026-08-12 | Pelicargo | Seed | Not stated | S5 |
| 2026-07-21 | T2 | Series B | Not stated | S2 |
| 2026-06-02 | Return Helper | Series A | Not stated | S7 |
| 2026-01-05 | Buy&Ship | Series C+ | Not stated | S8 |
| 2025-11-27 | Luup | Not stated | Not stated | S9 |
| 2025-05-01 | Spectee | Not stated | Not stated | S10 |
| 2025-04-10 | S-mat (Esmat) | Not stated | Not stated | S11 |
| 2024-10-01 | LOMBY | Not stated | Not stated | S12 |
| 2024-08-26 | PICK | Not stated | Not stated | S13 |
| 2024-06-27 | Einride | Not stated | Not stated | S14 |
| 2024-02-13 | Cuebus | Not stated | Not stated | S4 |
| 2024-02-09 | BLUE BATON | Not stated | Not stated | S16 |
| 2024-01-31 | ugo | Not stated | Not stated | S17 |
For founders
| Item | What the firm says | Source |
|---|---|---|
| Stages | Seed, Series A, Series B. Inferred from announced rounds; the firm does not state a range. | S1 |
| Pitch page | mlc-ventures.co.jp | S1 |
Fund vehicles
Portfolio
The firm's portfolio page lists 13 companies.S2
Every company on the MLC Ventures list
13 companies, as listed on the firm's own website.S2 Read the firm's list.
- BLUE BATON
- Buy&Ship
- Cuebus
- Einride
- LOMBY
- Luup
- Pelicargo
- PICK
- Return Helper
- S-mat (Esmat)
- Spectee
- T2
- ugo
History
- MLC Ventures established in April 2023; MLC Innovation Fund No. 1 launched June 2023S1
- MLC Ventures set up (April) and MLC Innovation No.1 LLP established (2023-06-20)S1
- First portfolio releases: ugo (2024-01-31), BLUE BATON (2024-02-09) and Cuebus (2024-02-13).S17
- Investments announced in S-mat/Esmat (2025-04-10), Spectee (2025-05-01) and Luup (2025-11-27).S9
- Invested in T2 Series B first closeS2
About Mitsubishi Logistics
Official pages
Read the firm's own pages for current information.
- Website mlc-ventures.co.jp
Sources
- S1Mitsubishi Logistics: establishment of CVC fundParent company
- S2PR Times: MLC Ventures invests in T2Firm
- S3LNEWS: Mitsubishi Warehouse sets up CVC fund operating subsidiary (fund total JPY 5 billion, 2023-06-20)Press
- S4MLC Ventures: investment in Cuebus (2024-02-13)Firm
- S5MLC Ventures: news release PelicargoFirm
- S7MLC Ventures: news release Return HelperFirm
- S8MLC Ventures: news release Buy&ShipFirm
- S9MLC Ventures: news release LuupFirm
- S10MLC Ventures: news release SpecteeFirm
- S11MLC Ventures: news release S-mat (Esmat)Firm
- S12MLC Ventures: news release LOMBYFirm
- S13MLC Ventures: news release PICKFirm
- S14MLC Ventures: news release EinrideFirm
- S16MLC Ventures: news release BLUE BATONFirm
- S17MLC Ventures: news release ugoFirm
- S18MLC Ventures: team (home page)Firm
- S19Logistics Today: MLC Ventures interviewPress
- S20note: Esmat x MLC Ventures special conversationPress
Disclaimer and corrections
Not affiliated. This page is not affiliated with, endorsed by or sponsored by MLC Ventures 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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