When was B Dash Ventures founded?

B Dash Ventures was founded in 2011.

Where is B Dash Ventures' headquarters located?

B Dash Ventures' headquarters is located in Minato City ( Japan ).

How many companies has B Dash Ventures invested in?

B Dash Ventures has invested in 43 companies, including Liquid & Gumi.

Which companies has B Dash Ventures invested in lately?

Newmo & Ascend are the latest investments by B Dash Ventures.

What sectors does B Dash Ventures focus on for investments?

Top sectors in B Dash Ventures' portfolio are Consumer (9 investments) and High Tech (6 investments).

What stages of companies does B Dash Ventures typically invest in?

B Dash Ventures primarily invests in Seed and Series A stages.

B Dash Ventures - 2025 Investor Profile, Portfolio, Team & Investment Trends - Tracxn

Q: How big is B Dash Ventures' investment team?

B Dash Ventures has a team of 3.

Q: How many exits has B Dash Ventures been involved in?

B Dash Ventures' portfolio has seen 3 IPOs and 6 acquisitions.

B Dash Ventures is a venture capital firm founded in 2011. It is primarily based out of Minato City, Japan. As of Oct 2024, B Dash Ventures is an active investor, having invested in 43 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Japan based startups. Its investments are spread across a wide range of sectors from Consumer to High Tech and Blockchain Technology. Most recently it led the $41.1M Series A round of Newmo along with DCM Ventures. This round also saw participation from Eight Roads Ventures and other investors.

Overall, B Dash Ventures portfolio has seen 3 IPOs and 6 acquisitions including key companies like Liquid, Gumi and Mynet. A lot of funds co-invest with B Dash Ventures, with names like East Ventures sharing a substantial percentage of its portfolio.

B Dash Ventures has team of 3 people including 1 partners.

Key Metrics

Team Members

Hiroyuki Watanabe, Yamasaki Ryosuke & 1 more

Portfolio Count

Liquid, Gumi & 41 more

Portfolio Sectors

Consumer, High Tech & 16 more

Portfolio Locations

Japan, Taiwan & 4 more

Rounds of Entry

Seed, Series A & 3 more

Portfolio IPOs

C Channel, Mynet & 1 more

Portfolio Acquisitions

Liquid, Candle & 4 more

Deals in last 12 months

Newmo & Ascend

B Dash Ventures has a portfolio of 43 companies. Their most notable investments are in C Channel and Aoyama Art.Their portfolio spans across Japan, Taiwan, Switzerland and 3 more locations. They have invested in Consumer, High Tech, Blockchain Technology and 15 other sectors, across stages such as Seed, Series A and 3 more. Here is the list of top investments by B Dash Ventures:

1. Liquid

Liquid provides an online exchange platform for digital assets. Offers crypto-to-crypto, fiat-to-crypto, and crypto-to-fiat exchange service. It supports various cryptocurrency pairs such as Bitcoin, Ethereum, Litecoin, etc. It also offers financial services and cryptocurrency liquidity. It features an app-based platform that is available for both Android and IOS devices.

Key facts about Liquid

Founded Year: 2014
Location: Japan
Annual Revenue: 41.1M SGD as on Mar 31, 2019
Last Known Valuation: $1B as on Apr 08, 2019
Stage: Acquired
Total Funding till date: $20M
Investors: SBI Investment, DG Ventures and 13 Others
Latest Funding Round: Conventional Debt, 2021, $120M
Highlight: Acquired

2. Gumi

Gumi is a Japanese mobile game developer and publisher specializing in mid-core games. It has developed multiple games including "The Alchemist Code", "Brave Frontier", "Phantom of the Kill", and "Slots Reel Frontier". It offers its games for Android and iOS platforms. It offers the freemium model for its games.

Key facts about Gumi

Founded Year: 2007
Location: Tokyo (Japan)
Stage: Public
Total Funding till date: $94M
Investors: Icon Ventures, World Innovation Lab and 19 Others
Latest Funding Round: Post IPO, Jun 04, 2018, $30M
Highlight: Public

3. Mynet

Independent core game development company developing role-playing card games. The games developed by the company are "Valkyrie Crusade" (an anime-styled trading card game) and "Falkyure's coat of arms" for Android and iOS users. Also operates "CroPro", which is an interactive customer service network for smartphone games. It generates revenue through advertisements and in-app purchases.

Key facts about Mynet

Founded Year: 2006
Location: Minato City (Japan)
Stage: Public
Total Funding till date: $6.2M
Investors: Dream Incubator, SMBC Venture Capital and 2 Others
Latest Funding Round: Series A, May 02, 2015, $6.2M
Highlight: Public

4. InCred Money

Simplifying alternate asset investment for everyone. It offers access to unlisted shares, fixed deposits, and bonds, previously accessible only to high-net-worth individuals and corporations. The platform aims to make these investment opportunities available to a wider range of investors with low minimum investment amounts. It provides a user-friendly experience and expert support to help investors navigate the complexities of alternate asset investing. The focus is on transparency and ease of use, empowering individuals to make informed investment decisions. They offer high-yield bonds and fixed deposits with attractive interest rates.

Key facts about InCred Money

Founded Year: 2015
Location: Mumbai (India)
Annual Revenue: ₹5.02Cr as on Mar 31, 2024
Valuation: ₹36.5Cr as on Jun 21, 2018
Stage: Series A
Total Funding till date: $2.35M
Employee Count: 59 as on Aug 31, 2024
Investors: General Atlantic, Social Capital and 54 Others
Latest Funding Round: Series A, May 21, 2018, $1.6M

5. Thirdverse

Developer of VR games. It has developed core video games like swords of gargantua which is a sword action game. It is also working on frostpoint VR, proving grounds which is a multiplayer game with different modes like PvP, PvE, and more. These games are available for Oculus, Steam, Viveport platforms. It monetizes through one-time app purchases.

Key facts about Thirdverse

Founded Year: 2020
Location: Shinjuku City (Japan)
Stage: Series D
Total Funding till date: $41.9M
Investors: Nissay Capital, Mitsubishi UFJ Capital and 19 Others
Latest Funding Round: Series D, Mar 15, 2024, $3.38M
Highlight: Editors' Pick

Want to see the entire list?

B Dash Ventures has invested in 43 companies over the last 13 years, with an average of 2 new investments annually in the last 10 years. In 2024, it made 1 investment. Its most recent first time investment was in Newmo and most recent follow-on round was in Homma.

Here are B Dash Ventures' Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2025 (YTD)	0	0	0
2024	1	0	1
2023	7	0	7
2022	6	0	6
2021	0	1	1
2020	0	0	0
2019	1	0	1
2018	1	0	1
2017	1	0	1
2016	2	0	2

View all investments by B Dash Ventures

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B Dash Ventures has made 19 investments in Seed stage with an average round size of $1.92M, 10 investments in Series A stage with an average round size of $6.4M, 2 investments in Series B stage with an average round size of $17.5M, 1 investment in Series D stage with an average round size of $27M and 1 investment in Series G stage with an average round size of $19M.

Here are B Dash Ventures' investments by stage:

Note: We have considered here, only first round of investments

Stage of entry	No. of Investments
Seed	19
Series A	10
Series B	2
Series D	1
Series G	1

View all investments by B Dash Ventures

B Dash Ventures has a diverse portfolio, with companies operating in the Consumer, Media & Entertainment, High Tech, Blockchain Technology and FinTech. Notably, it has invested in 30 Tech companies, 29 Consumer (B2C) companies, 12 Enterprise (B2B) companies and at least 9 companies focusing on Software.

Here are B Dash Ventures' investments by sector:

Note: We have considered here, only first round of investments

Sector	No. of Investments
Consumer	7
Media & Entertainment	7
High Tech	6
Blockchain Technology	5
FinTech	5
Others	29

View all investments by B Dash Ventures

B Dash Ventures has made most investments in Japan (25), followed by Taiwan where it has made 3 investments.

Here are B Dash Ventures' investments by geography:

Note: We have considered here, only first round of investments

Country	No. of Investments
Japan	25
Taiwan	3
Switzerland	2
India	1
Singapore	1
Others	1

View all investments by B Dash Ventures

B Dash Ventures has not made any investment in 2025 so far.

Here are the most recent investments by B Dash Ventures:

Date	Company	Location	Round Details	Round Amount	Co-Investors
Oct 31, 2024	Newmo	Japan	Series A	$41.1M	ANRI [+25]
Dec 06, 2023	Ascend	Japan	Seed	Undisclosed	Globis Capital Partners [+3]
Nov 09, 2023	Fixx	Japan	Seed	$663K	-
Jul 07, 2023	Light	Japan	Series A	$3.47M	Emoote [+3]
Apr 13, 2023	Intmax	Switzerland	Seed	$5M	HashKey Capital [+24]

Get the detailed list of all investments by B Dash Ventures. Download now!

See more recent investments made by B Dash Ventures

3 of B Dash Ventures' portfolio companies have become public. C Channel got listed on the Tokyo Stock Exchange (TSE), in May 2020 and Mynet got listed on the Tokyo Stock Exchange (TSE) at marketcap of undefined.

Here are B Dash Ventures' portfolio companies that went public:

Company	IPO Date	First Invested on	First Round of Investment	Round Size
C Channel	May 25, 2020	Apr 09, 2015	Series A	$4.1M
Mynet	Dec 21, 2015	May 02, 2015	Series A	$6.2M
Gumi	Dec 18, 2014	Dec 26, 2013	Series G	$19M

View more details about public companies in B Dash Ventures' portfolio

6 companies from B Dash Ventures' portfolio have been acquired. The most recent acquisition were Liquid in Jul 2024 by bitFlyer.

Here are B Dash Ventures' portfolio companies that got acquired most recently:

Company	Acquisition Date	First Invested on	First Round of Investment	Round Size
Liquid	Jul 26, 2024	Jun 27, 2016	Series B	$20M
Candle	Oct 13, 2016	-	-	-
Connehito	Jun 07, 2016	Mar 03, 2015	Series A	$1.25M
Socket	Sep 01, 2015	Jan 20, 2015	Seed	Undisclosed
Iemo	Oct 01, 2014	Apr 09, 2014	Seed	Undisclosed

View all acquired companies in B Dash Ventures' portfolio

B Dash Ventures has a team of 3 members including 1 Partner and 1 Principal located in Japan. B Dash Ventures' team does not sit on the board of any company as of now.

Here is a list of all team members in B Dash Ventures:

Name	Designation	Location	Board Memberships	Contact details
Hiroyuki Watanabe	Partner	Japan	e27	1 Email
Yamasaki Ryosuke	Principal	Japan	-	-
Ryuichi Nishida	Associate	Tokyo	-	1 Email

Get the full list of B Dash Ventures' team & partners for free. Download now!

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Over the past 13 years, 250 investors have co-invested in B Dash Ventures's portfolio companies.

Invested before B Dash Ventures: Incubate Fund, Global Brain and 30 others have invested in rounds before B Dash Ventures. There are 3 companies where Incubate Fund has invested before B Dash Ventures and 2 companies where Global Brain has invested before B Dash Ventures.
Top Co-investors of B Dash Ventures: 167 investors entered a company along with B Dash Ventures. These include investors like East Ventures (4 companies).
Invested after B Dash Ventures: A total of 51 investors have invested in B Dash Ventures's portfolio after their investments. Top Investors include Mitsubishi UFJ Capital (2 companies), SBI Investment (2 companies) and Mitsui Sumitomo Insurance Venture Capital (2 companies).