Incubate Fund

Venture Capital Active Japan
Last updated 2026-06-18
Portfolio
3
in our dataset
Rounds participated
5
Rounds led
1
Rounds' value
$53.9M
total disclosed, rounds participated
Stages
—

Portfolio · 3

Nominal
Financial Operating System for Enterprises
2 rounds $29.2M committed Latest: 2025-07
OwnID
Passwordless Authentication Platform
Led ★ 1 round Latest: 2024-05
Bright Security
Developer-centric Application & API Application Security Testing
2 rounds $24.7M committed Latest: 2022-03

Investment activity

1 portfolio exit on record.

Portfolio by sector

Cyber Security2
Fintech & Insurtech1

Q&A

What is Incubate Fund's most recent exit?
Incubate Fund's most recent exit is OwnID, a passwordless authentication platform, which was acquired by Unico IDtech in September 2025.
What is Incubate Fund's most recent portfolio company investment?
Incubate Fund invested in Nominal, a financial operating system for enterprises, which was founded in 2023 and raised $29.2M in its Series A round.
Which sectors does Incubate Fund primarily invest in?
Incubate Fund shows a concentration in Cyber Security and Fintech & Insurtech sectors, with two portfolio companies in Cyber Security and one in Fintech & Insurtech.
Can you name some of Incubate Fund's portfolio companies?
Incubate Fund's portfolio includes Bright Security, which focuses on application and API security testing, and Nominal, a financial operating system for enterprises.
What is the typical funding stage for Incubate Fund's investments?
Incubate Fund has made two investments at the Seed stage and two at the Series A stage, indicating a focus on early-stage companies.