/

Investors / Japan / Hulic Startup

Hulic Startup

Corporate VC · Tokyo, Japan · Asia Pacific

hulic.co.jp

Hulic Startup is a wholly owned subsidiary of Hulic Co., Ltd., established in October 2021, that invests in startups. It supports portfolio companies through business collaboration with the Hulic Group and by leveraging the group's resources, including commercial real estate utilization, joint business creation and business matching.

Invests inAI & Machine LearningEducation

In its own wordsreal estatehealthcaretourismenvironmenteducationspace

Your fit with Hulic Startup

Four questions about your startup

See how your round matches what it backs, point by point.

Or find every investor that fits
16portfolio companies
3funding rounds on record1 led
2rounds, last 12 months
$20M to $100Mtypical round it comes in at
Series Bmost frequent entry
20億円latest fund

Hulic Startup lists 16 checked portfolio companies on its own site and is named in 3 funding rounds, 1 of them as lead. Its most frequent entry is Series B, 67% of the companies with a known first round. Its largest themes are AI & Machine Learning (36%), Education (23%) and Space & Defense (10%). 88% of its companies are based in Japan. It invests most often alongside Shizuoka Capital, Globis Capital Partners and JAFCO.

Counts come from funding rounds that name Hulic Startup, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.

Round figures show recent activity, not Hulic Startup's whole history. Rounds on record name 3 companies; its own site lists 16. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.

Entry stage

share of companies by the stage of its first round

Hulic Startup does not state its stages on its site, so only what it does is shown.

Show as a table
Share of companies by the stage of the firm's first round
Value
Pre-seed0%
Seed0%
Series A0%
Series B67%
Growth33%

Activity by year

rounds it joined, last 10 years
Show as a table
Funding rounds per year
TotalRounds it led
'1700
'1800
'1900
'2000
'2100
'2200
'2300
'2400
'2510
'2621

Investor profile

percentile among all firms
Portfolio size: 17 companiesRecent activity: 2 rounds in 12 monthsEarly stage: 0% of entries at pre-seed or seedEvidence: 12% of companies confirmed by a roundSector focus: 36% in its largest sectorReach: 3 countriesPortfolio size44th pctRecent activity69th pctEarly stage54th pctEvidence81th pctSector focus65th pctReach58th pct
This firmMedian of all firms
Show as a table
Hulic Startup compared with all firms
MeasurePercentile of all firmsValue
Portfolio size44th17 companies
Recent activity69th2 rounds in 12 months
Early stage54th0% of entries at pre-seed or seed
Evidence81th12% of companies confirmed by a round
Sector focus65th36% in its largest sector
Reach58th3 countries

Investment themes

share of its checked companies

This firmAll checked companies

Show as a table
Investment themes
This firmAll checked companies
AI & Machine Learning36%18%
Education23%7%
Space & Defense10%3%
Healthcare & Biotech7%15%
Real Estate & Construction7%3%
E-commerce & Marketplaces7%6%
Climate & Energy3%1%
Legal & Compliance3%2%

Invests most often with

firms sharing its portfolio companies
Show as a table
Co-investors
Share
Shizuoka Capital4
Globis Capital Partners3
JAFCO3
JIC Venture Growth Investments3
Goldwin Play Earth Fund2
Iyogin Capital Company Limited2
Spiral Capital2
UTokyo Innovation Platform2

All co-investors

Its portfolio companies

where they are based, and what their own sites show

Headquarters

Site status

  • Site answers16100%
  • No longer answers00%
  • Points to another company00%
  • Parked or sold domain00%

A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.

Co-investor network

who it backs companies with, and who they back together
16 shared companies12 shared companies11 shared companies10 shared companies9 shared companies9 shared companies8 shared companies7 shared companies7 shared companies5 shared companies5 shared companies4 shared companies4 shared companies4 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companies3 shared companiesShizuoka Capital: 4 shared companiesShizuoka Capital4Globis Capital Partners: 3 shared companiesGlobis Capital Partne…3JAFCO: 3 shared companiesJAFCO3JIC Venture Growth Investments: 3 shared companiesJIC Venture Growth In…3Goldwin Play Earth Fund: 2 shared companiesGoldwin Play Earth Fu…2Iyogin Capital Company Limited: 2 shared companiesIyogin Capital Compan…2Spiral Capital: 2 shared companiesSpiral Capital2UTokyo Innovation Platform: 2 shared companiesUTokyo Innovation Pla…2Amand Ventures: 1 shared companiesAmand Ventures1Aozora Corporate Investment Co., Ltd.: 1 shared companiesAozora Corporate Inve…1Awagin Capital: 1 shared companiesAwagin Capital1Beyond Next Ventures: 1 shared companiesBeyond Next Ventures1
Shared portfolio companies with Hulic StartupFirms that also back companies together

All co-investors or Compare portfolios with Shizuoka Capital

Compare Hulic Startup head to head

portfolio size, rounds, entry stages, themes and the companies both back

Three or more firms at once: portfolio overlap.

Funds

as stated on its site
Fund 1"20億円" on its site
Fund 2"15億円" on its site

Recent portfolio activity

when companies last raised with Hulic Startup
DateCompanyStage
19 May 2026Astroscaleastroscale.comSeries C+ Led
21 Apr 2026Magic Shieldsmagicshields.co.jpSeries B
30 Apr 2025Manabiemanabie.vnSeries B

Round details for Hulic Startup

Amounts, full round histories and every co-investor in Hulic Startup's rounds are on Fundup AI. VCinfo covers investors and their portfolios.

See rounds on Fundup AI →

Portfolio

16 companies checked against their own sites
CompanyWhat it doesThemesFirst round with itEvidence
ArkEdge Spacearkedgespace.com · JapanArkEdge Space develops and produces small artificial satellites and related hardware
AI & Machine LearningAI & Machine Learning
Portfolio page
Astroscaleastroscale.com · JapanAstroscale develops and launches satellites and provides on-orbit servicing solutions to extend mission life and remove orbital debris
Space & DefenseAI & Machine Learning
May 2026Series C+Page + round
Gragreengragreen.com · JapanGragreen develops and improves crops using genome editing technology and other approaches to increase efficiency and reduce environmental impact.
AI & Machine LearningAI & Machine Learning
Portfolio page
Informetisinformetis.com · JapanInformetis develops and provides innovative solutions for energy optimization using real-time energy-related data and advanced AI analysis
AI & Machine LearningSpace & Defense
Portfolio page
iXsixs.co.jp · JapanThe company develops and provides robot and AI technology solutions for social and industrial infrastructure
Industrial & ManufacturingAI & Machine Learning
Portfolio page
J PREPjprep.co.jp · JapanJ PREP provides English language education to children from preschool to high school age
Education
Portfolio page
LocationMindlocationmind.com · JapanLocationMind analyzes location information and provides related services and products
AI & Machine LearningCybersecurity
Portfolio page
Magic Shieldsmagicshields.co.jp · JapanThe company develops and sells products to prevent falls and fractures, particularly for the elderly.
Healthcare & Biotech
Apr 2026Series BPage + round
Manabie International Private Limited.manabie.com · SingaporeManabie builds an all-in-one platform for education and runs its own schools in Asia.
EducationEducation
Portfolio page
Manabiemanabie.vn · VietnamManabie provides educational solutions using the latest technology, including AI-powered tutoring and educational programs for schools and learning centers.
EducationEducation
Apr 2025Series BFunding round
UPDATERminden.co.jpThe company provides electricity services to households and businesses, focusing on renewable energy sources.
EducationEducation
Portfolio page
Photractionphotoruction.com · JapanPhotoruction provides software to efficiently manage construction production-related tasks
Real Estate & Construction
Portfolio page
Sanusa-nu.com · JapanSanu offers a shared vacation home service, allowing customers to own and use a portion of a vacation home
Real Estate & ConstructionLegal & Compliance
Portfolio page
Space BDspace-bd.com · JapanSpace BD develops and manufactures satellites, provides launch and operation services, and supports microgravity utilization and education and human resource development
AI & Machine LearningAI & Machine Learning
Portfolio page
Vivid Gardenvivid-garden.co.jp · JapanThe company provides a platform for producers to sell their products directly to individuals or companies.
AI & Machine LearningE-commerce & Marketplaces
Portfolio page
wota.co.jpwota.co.jp · JapanWOTA seeks structural solutions to the world’s water crisis
Healthcare & BiotechClimate & Energy
Portfolio page

About this data

site last read 8 Nov 2026
The homepage of Hulic Startup, as last read
hulic.co.jp as VCinfo last read it
Site
hulic.co.jp
Last read
8 Nov 2026
Watching since
5 Nov 2026
Rounds since
30 Apr 2025
Companies checked
16

Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.

How we grade the data

Free account · no card

Get Hulic Startup's profile as data

Pull Hulic Startup's portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.

Work email, sign-in link by email. Already have an account? Log in
  • Ask AI5 plain-English investor searches a day
  • Full listsEvery portfolio row and two-firm overlap
  • API and MCP100 REST or MCP calls a month, one key
  • AlertsFollow 5 investors for portfolio and fund changes
VCinfo API
$ curl -H "X-API-Key: YOUR_KEY" \
  https://api.vcinfo.io/v1/firms/hulic.co.jp

# also
GET /v1/firms/hulic.co.jp/portfolio
GET /v1/firms/hulic.co.jp/coinvestors
GET /v1/firms/hulic.co.jp/news
The same data as an MCP server for Claude, Cursor and other AI tools. Set up MCP · Docs · Pricing