NCB Venture Capital

Profile, fund size and portfolio

Parent Nishi-Nippon Financial HoldingsHQ Fukuoka, JapanFounded 2020

NCB Venture Capital is the corporate venture arm of Nishi-Nippon Financial Holdings, a financial services company. It was founded in 2020 and is based in Fukuoka, Japan. It invests from seed to Series A across sectors.

Fund sizeS1: JPY 12bn

Every figure links to its source

Snapshot

Investment stage: Seed to Series A

Data behind this graphic

Data behind this graphic
Item	Value
Stage range	Seed to Series A
Sectors	Sector agnostic
Geography	Asia
Offices	Fukuoka, Japan

Sources: S2 NCB Venture Capital: investment in JPYC (2026-04-20).

Scale and capital allocated

Data behind this graphic

Data behind this graphic
Measure	Value	Unit	Kind	Source
Headline size	JPY 12bn	Fund size	Stated by the firm or its parent	S1
Companies on the firm's portfolio page	5	companies	Counted from the firm's own list	S2

Sources: S1 NCB Venture Capital: company overview; S2 NCB Venture Capital: investment in JPYC (2026-04-20).

Where it invests and who leads it

Geography

Headquarters: Fukuoka, Japan
Offices: Fukuoka, Japan

Investment regionsS2

Asia

LeadersS7

林弘喜代表取締役 (Representative Director)Find on LinkedIn Firm page
原田和幸ディレクター (Director)Find on LinkedIn Firm page
井土裕章ディレクター (Director)Find on LinkedIn Firm page
草場智貴マネージャー (Manager)Find on LinkedIn Firm page
青木恒太アソシエイト (Associate)Find on LinkedIn Firm page

NCB Venture Capital on LinkedIn

Key facts

Fact	Value	Status	Source
Parent company	Nishi-Nippon Financial Holdings	Single source	S1
Parent industry	Banking and financial services	Single source	S1
Founded	2020	Single source	S1
Headquarters	Fukuoka, Japan	Single source	S1
Status	Active	Single source	S1
Capital source	Parent and outside investors	Single source	S1
Headline size	JPY 12bn (Fund size)	Single source	S1
People on the team page	11	Single source	S1
Stages	Seed, Series A (inferred from announced rounds)	Estimate	S2

Fund vehicles

Vehicle	Size	Year	Source
NCB Venture Fund	JPY 2bn	2020	S1
NCB Venture Fund No. 2	JPY 3bn	2024	S1
QB Fund No. 2	JPY 7bn	2021	S1

Recent rounds

Date	Company	Round	Amount	Source
2026-07-07	クウゼン	Not stated	Not stated	S5
2026-07-01	JOYCLE	Not stated	Not stated	S4
2026-05-15	AZNICS	Not stated	Not stated	S3
2026-04-20	JPYC	Not stated	Not stated	S2
2025-11-11	サーブ・バイオファーマ	Not stated	Not stated	S6

Portfolio

The firm's portfolio page lists 5 companies.S2

Shared portfolio with other corporate VCs

2 companies on the NCB Venture Capital portfolio page also appear on the portfolio page of at least one other firm in this directory. Matched by company website, or by name where no website is published.

Firm	Shared	Companies in common
Asteria Vision Fund	1	JPYC
Awagin Capital	1	JPYC
Iyogin Capital	1	JPYC
JR West Innovations	1	JPYC
Life Design Fund	1	JPYC
SUMISEI Innovation Fund	1	JPYC
Yokohama Capital	1	JPYC
Fujita Innovation Capital	1	サーブ・バイオファーマ

Companies backed by the most corporate VCs

Every company on the NCB Venture Capital list

5 companies, as listed on the firm's own website.S2 Read the firm's list.

AZNICS
JOYCLE
JPYC
クウゼン
サーブ・バイオファーマ

Official pages

Read the firm's own pages for current information.

Website ncbvc.co.jp/
Portfolio ncbvc.co.jp/case/

Sources

Disclaimer and corrections

Not affiliated. This page is not affiliated with, endorsed by or sponsored by NCB Venture Capital 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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