Organization · Venture Capital

Kyoto University Innovation Capital Co., Ltd

Kyoto University Innovation Capital Co., Ltd. (KYOTO-iCAP) is a venture capital firm established by Kyoto University to invest in startups commercializing research outcomes from national universities, particularly in biotech and deep tech sectors.

Venture CapitalFunderProgram host

Overview

What Kyoto University Innovation Capital Co., Ltd does

What Kyoto University Innovation Capital Co., Ltd is

Kyoto University Innovation Capital Co., Ltd. (KYOTO-iCAP) is a venture capital firm established by Kyoto University to invest in startups commercializing research outcomes from national universities, particularly in biotech and deep tech sectors.

How it participates in the startup ecosystem

The current public profile supports funder and program host 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 2014
Approximate age
About 12 years
Structured capabilities
Funder · Program host
Last reviewed
March 30, 2026

Official channels

Find Kyoto University Innovation Capital Co., Ltd elsewhere

Open the official website or a supported primary organization account.

Capability profile

Kyoto University Innovation Capital Co., Ltd as a funder

Investment thesis

Kyoto University Innovation Capital Co., Ltd. (Kyoto iCAP) aims to commercialize the research outcomes of Kyoto University and other national universities in Japan by investing in early-stage startups. The firm focuses on nurturing innovative companies that can create new industries based on advanced research.

Focus narrative

Kyoto iCAP invests primarily in seed to early-stage companies that aim to commercialize research outcomes from national universities, particularly Kyoto University. The firm emphasizes the creation of new industries based on advanced research and operates two funds, allowing for investments in startups from other national universities under specific conditions. Additionally, it runs programs to support entrepreneurship, including the Entrepreneur-in-Residence (EIR-iCAP) program and the Entrepreneurial Collaboration Program (ECC-iCAP).

Value beyond capital

Kyoto iCAP adds value to its portfolio companies through milestone-based investments, extensive support for commercialization, and access to Kyoto University's vast research resources. The firm collaborates with private VCs and financial institutions for follow-on funding, ensuring that startups have the necessary resources to grow and succeed in their respective markets.

Terms and economics

Typical check
$1,000,000–$5,000,000
Sweet spot
$3,000,000

Focus and fit

Stages
Seed
Regions
Asia

Availability

Currently deploying
Yes

Portfolio and track record

Portfolio context

Kyoto iCAP has invested in a diverse range of sectors, including: Biotechnology/Pharmaceuticals: Companies like Serv-BioPharma, which develops oncolytic virus gene therapies, and Eurus Therapeutics, focused on new gene-related therapies. Healthcare/Devices: Investments include BiPSEE, which develops VR applications for depression treatment, and Drawbridge Health, known for its automated blood collection technology. Materials/Energy: Firms like Luparts, utilizing molten salt electrolysis for recycling, and KOALA Tech, developing organic semiconductor laser diodes. IoT/AI: Companies such as xCARE, providing a platform for medical professionals, and LegalOn Technologies, developing AI services for legal and corporate tasks.

Capability profile

Kyoto University Innovation Capital Co., Ltd as a program host

Program thesis

Kyoto iCAP aims to commercialize the knowledge and research outcomes of Kyoto University researchers by providing investments and support to startup companies.

Focus narrative

Kyoto iCAP invests in seed to early-stage companies that are commercializing research outcomes from national universities. The firm emphasizes the creation of new industries and operates two funds, the Innovation Kyoto 2016 Fund and the Innovation Kyoto 2021 Fund, which support startups from various national universities under specific conditions.

Value and support

Founders participating in Kyoto iCAP's programs gain access to funding, mentorship, and resources aimed at commercializing their research and innovations. The firm also offers programs like the Entrepreneur-in-Residence (EIR-iCAP) and the Entrepreneurial Collaboration Program (ECC-iCAP) to further support entrepreneurship.

Availability

Application state
Not published

Common questions

What to know about Kyoto University Innovation Capital Co., Ltd

Upseed classifies Kyoto University Innovation Capital Co., Ltd under the Venture Capital organization type. Its current public profile includes funder and program host capabilities.

Next step

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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

March 30, 2026

Known limits

Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.

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