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Incubatefund introduction20110905

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Incubatefund introduction20110905

  1. 1. The overview of Incubate Fund<br />Founder and General Partner Masahiko Honma<br />Aug. 2011<br />
  2. 2. Fund summary<br />1<br /><ul><li>Incubate Fund No.1 Limited Partnership is a seed to early stage focused venture capital fund.
  3. 3. The fund invests mainly in service, game, application, and platform companies which is related to smartphone and social arena .
  4. 4. Name</li></ul>Incubate Fund No.1 Limited Partnership<br /><ul><li>Fund size</li></ul>2.8B JPY (=36.8M USD)<br /><ul><li>Investment Stage</li></ul>Seed to early stage companies<br /><ul><li>Investment scope</li></ul>1) Smartphone service, game, application, and platform companies<br />2) Social service, game, application, and platform companies<br /><ul><li>Investment Area</li></ul>Mainly invest in startups in Japan. We have the possibility to allocate up to 30% of total amount of the fund to startups in US and Asia. <br /><ul><li>Fund of funds</li></ul>Hold the possibility to invest in other seed stage focused venture funds in Japan US and Asia, who has a synergy in our investment strategy. The allocation to other funds is up to 30% of total amount of this fund.<br />
  5. 5. Investment scope<br /><ul><li>We launch 5 to 10 startups a year. We would help them expand the business for global scale.
  6. 6. We also aggressively pursue co-invest and M&A opportunities with business players including SNS, carrier, and game venders in Japan, US, and Asia.</li></ul>Japan Market<br />US Market<br />Asian Market<br />Angels/VC<br />In US<br />Angels/VC<br />In Asia<br />Carrier<br />Game Publisher/<br />Developer<br />SNS<br />Incubate Fund<br />Seed stage startups<br />Seed stage startups<br />Seed stage startups<br />Seed stage startups<br />Seed stage startups<br />Service<br />Game<br />Application<br />Platform<br />Smartphone<br />Social <br />2<br />
  7. 7. Our business way<br /><ul><li>We are always the first outside investor and actively involve the business development activities. Sometimes we set up the company first and hire the management after to start the business. </li></ul>(Operating Profit)<br />IPO<br />5M USD<br />Typical VC investment stage<br />JAFCO<br />Daiwa-SMBC<br />Softbank<br />Internet business players<br />Most VCs invest in start ups with middle to later stage.<br />0<br />Incubation/<br />Seed stage<br />Our investment focus. We always invest in start ups with no revenue and profit. <br />1-2 years<br />7 years<br />10 years<br />(Years since its foundation)<br />Launch<br />
  8. 8. Team<br />TohruAkaura<br />Founder and General Partner, Incubate Fund and Incubate Capital Partners. <br />He has been one of the most active angels and seed stage investors for internet and mobile start ups in Japan. <br />He has almost 20 years venture investment experiences. Prior to founding his fund, he had worked for JAFCO, the largest venture capital fund in Japan, a group company of Nomura security.<br />Graduated from BS Engineering Tokai University in Japan. <br />Masahiko Honma<br />Founder and General Partner, Incubate Fund and Corepeople Partners. <br />He has 12 years venture investment experiences in Tokyo,US, and China.<br />Prior to founding his fund, he had worked for JAFCO, Accenture, and a group fund of Mitsubishi Corp.<br />Graduated from bachelor's degree of Business and Commerce of Keio University in Tokyo. <br />Keisuke Wada<br />Founder and General Partner, Incubate Fund and Selene Partners. <br />He has 6 years venture investment experiences in Japan.<br />Prior to founding his fund, he had worked for Cyber Agent, the largest internet Ad Agency in Japan.<br />Graduated from bachelor's degree of Economics of Kyoto University in Tokyo. <br />Yusuke Murata<br />Founder and General Partner, Incubate Fund <br />He has 6 years venture investment experiences in Japan.<br />Prior to founding his fund, he had worked for Daiwa SMBC Capital.<br />Graduated from bachelor's degree of Economics of Rikkyo University in Tokyo. <br />4<br />
  9. 9. News and articles of Incubate Fund No.1<br /><ul><li>Japanese Gaming Company DeNA Sets Up 27.5 million investment Fund (Tech crunch)
  10. 10. Pokelabo Fundraises USD 12M from DCM And Mobage-Town(DeNA)
  11. 11. Mr. Shiba launched Aiming, spin-off from One-up(Game Watch)</li></li></ul><li>Our selected portfolio companies<br /><ul><li>We’ve incubated and provided seed money with over 50 startups to date.</li></ul>Social game/ Online game<br />Smart phone<br />Mobile service<br />PC/web service<br />
  12. 12. Successful track record of our team<br /><ul><li>Despite severe financial situation of capital market, we are successfully realizing good exits and return in this year.</li></ul>Ad network service on smart phone<br />Acquired by KDDI in this July<br />Leading mobile social game developer<br />Sold to other investors in this June<br />Acquired by Axcel Mark(Tokyo Mothers Listed company) in this Oct.<br />Mobile search, game, and contents provider<br />M&A discussion underway with console game vender<br />Leading mobile social <br />game developer<br />To be listed in KOSDAQ in this year<br />SEO service provider<br />

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