Organization · Venture Capital
Incubate Fund Asia
Incubate Fund Asia is a seed-focused venture capital firm based in Singapore, originally from Japan, specializing in pre-seed and seed-stage investments across various sectors in India and Southeast Asia.
Overview
What Incubate Fund Asia does
What Incubate Fund Asia is
Incubate Fund Asia is a seed-focused venture capital firm based in Singapore, originally from Japan, specializing in pre-seed and seed-stage investments across various sectors in India and Southeast Asia.
How it participates in the startup ecosystem
The current public profile supports funder and community and event host and publisher capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Venture Capital
- Founded
- Founded in 2016
- Approximate age
- About 10 years
- Structured capabilities
- Funder · Community · Event host · Publisher
- Last reviewed
- April 23, 2026
Official channels
Find Incubate Fund Asia elsewhere
Open the official website or a supported primary organization account.
Capability profile
Incubate Fund Asia as a funder
Investment thesis
Incubate Fund Asia is a seed-focused venture capital firm that aims to support pre-seed and seed-stage startups in India and Southeast Asia, particularly in sectors that contribute to business growth in finance and related fields.
Focus narrative
The firm invests primarily in pre-seed and seed-stage startups across various sectors, including real estate, automobile, healthtech, fintech, retail, manufacturing, energy, agriculture, biotechnology, edtech, and media. Incubate Fund Asia is sector agnostic and aims to support startups that contribute to the business growth of its partners, particularly in finance and related fields.
Value beyond capital
Incubate Fund Asia adds value to its portfolio companies by providing operational support, strategic guidance, and access to a vast network of industry connections. The firm emphasizes a collaborative approach, working closely with founders to navigate challenges and scale their businesses effectively.
Terms and economics
- Typical check
- $500,000–$1,500,000
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- AsiaSoutheast Asia
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 700
Portfolio context
Notable portfolio companies include: Captain Fresh: A company revolutionizing the global seafood supply chain. BuyEazzy: An e-commerce platform for beauty and personal care in Tier 2+ Bharat. Shopkirana: A B2B procurement platform for grocery retailers. Yulu: A leading EV scooter sharing platform in India. Plum: Provides comprehensive employee benefit solutions for corporate employees. DPD Zero: AI-driven debt collection solutions for the BFSI sector. Stride Green: Focused on eco-friendly asset financing. Saswat Finance: Financial services for dairy farmers.
Capability profile
Incubate Fund Asia as a community
Community overview
Incubate Fund Asia is a seed-focused venture capital firm established in 2016, headquartered in Japan. The firm specializes in investing in pre-seed and seed-stage startups primarily in India and Southeast Asia. With a global track record of over 700 investments, Incubate Fund Asia aims to support innovative entrepreneurs and foster business growth in various sectors. The firm operates offices in key locations including Tokyo, Singapore, Bangalore, Mumbai, San Francisco, and Sao Paulo, enabling it to connect with a diverse range of startups and partners.
Community focus
The focus of Incubate Fund Asia is on pre-seed and seed-stage startups across multiple sectors, including real estate, automobile, healthtech, fintech, retail, manufacturing, energy, agriculture, biotechnology, edtech, and media. The firm adopts a sector-agnostic approach, seeking to invest in startups that demonstrate potential for significant growth and contribute to the business ecosystem, particularly in finance and related fields.
Member value
Members of the Incubate Fund Asia community benefit from access to funding, strategic guidance, and a robust network of industry connections. The firm not only provides financial support but also engages actively with portfolio companies to help them navigate challenges and seize opportunities in their respective markets.
Membership
- Recorded members
- 700
- Pricing models
- free
Format and cadence
- Modality
- in-person
- Schedule
- rolling-admissions
- Commitment
- light
Availability
- Membership state
- Accepting
Audience and fit
- Audience
- Founders · Investors
- Benefits
- network-access and mentorship
- Program types
- community
- Selection criteria
- open
- Stages
- Pre-seed · Seed
- Regions
- Asia
Community activity
Events and activity
Incubate Fund Asia organizes investor meetups and networking events designed to foster collaboration and connections within its portfolio community. These events provide a platform for startups to engage with potential investors and industry leaders, facilitating valuable partnerships and insights.
Notable members
Notable portfolio companies include Captain Fresh, BuyEazzy, Shopkirana, Yulu, Plum, DPD Zero, Stride Green, and Saswat Finance. Key team members include Nao Murakami (Founder & General Partner), Masahiko Honma (Co-Founder & Partner), and Rajeev Ranka (Partner).
Capability profile
Incubate Fund Asia as an event host
Event focus
Incubate Fund Asia is dedicated to investing in pre-seed and seed-stage startups, primarily in India and Southeast Asia. The firm is sector agnostic, focusing on various industries including real estate, automobile, healthtech, fintech, retail, manufacturing, energy, agriculture, biotechnology, edtech, and media. Their goal is to support startups that contribute to the business growth of their partners, particularly in finance and related fields.
Participant value
Incubate Fund Asia provides not only financial support but also operational guidance to its portfolio companies, fostering a collaborative environment that helps startups thrive in competitive markets.
Format and cadence
- Startups can present
- No
Availability
- Registration state
- Not currently accepting
Audience and fit
- Stages
- Pre-seed · Seed
- Audience
- Founders · Investors
- Regions
- AsiaSouth AsiaSoutheast Asia
Capability profile
Incubate Fund Asia as a publisher
Editorial focus
Incubate Fund Asia is dedicated to investing in pre-seed and seed-stage startups, primarily in India and Southeast Asia. The firm is sector agnostic, focusing on various industries including healthtech, fintech, edtech, and more. With a global track record of over 700 investments, Incubate Fund Asia aims to support startups that contribute to the business growth of its partners, particularly in finance and related fields.
Audience value
Incubate Fund Asia offers invaluable support to startups through funding and strategic guidance, acting as a lead investor while fostering connections within their portfolio community.
Format and cadence
- Content formats
- newsletter and blog
Availability
- Guest pitch state
- Not currently accepting
Audience and focus
- Audience
- Founders · Investors
- Regions
- AsiaSoutheast Asia
Flagship work and coverage
Flagship properties
Incubate Fund Asia publishes a newsletter providing regular updates and insights on venture capital and the startup ecosystem, alongside news articles covering funding rounds and startup developments.
Notable coverage
Incubate Fund Asia has been featured in various media outlets including Inc42, TNGlobal, and Asia Business Outlook, highlighting their investment strategies and notable portfolio companies.
Common questions
What to know about Incubate Fund Asia
Upseed classifies Incubate Fund Asia under the Venture Capital organization type. Its current public profile includes funder, community, event host, and publisher capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
April 23, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.