JAFCO Co. Ltd.

www.jafco.co.jp/english

Foreign Venture Capital Fund

No longer invests in Israel

Tech Verticals Preferences

AgeTech, Artificial Intelligence, Communications, Cyber Security, e-Commerce, Enterprise Applications, Enterprise Software, FinTech, Hardware, Industrial Technologies, IoT, Life Sciences, Machine Learning, Marketplace, Oncology, Robotics, SaaS, Smart City, Wireless Applications, Wireless Infrastructure

General Data

Current Active Portfolio Companies:

DESCRIPTION

JAFCO is a venture capital firm based in Tokyo, Japan. JAFCO invests in seed and early-stage companies with high growth potential. The firm seeks to invest in business products, business services, consumer products, consumer services, information technology, healthcare, SaaS, manufacturing, life sciences, mobile, e-commerce, the internet of things, oncology, TMT, smart cities, artificial intelligence, machine learning, and technology sectors.

REMARKS

Date	Remark
	JAFCO Investments (Asia Pacific) Ltd., (JAFCO Asia), a Nomura/ JAFCO co-subsidiary has invested in Vertex IIF Fund, an Israeli VC Fund, in 1996.

CONTACT INFO

Expand / Collapse All

Main Address: Tokyo, Japan

Address	1-23-1 Toranomon Minato-ku, 24th Floor, Toranomon Hills Mori Tower
City	Tokyo
Country	Japan
Zip	105-6324

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title
Mr. Onuma Haruyoshi	Partner
Mr. Yuki Tanaka	Investment Department Senior Associate

Public Offerings

Deal Date	Type of Offering	Exchange	Amount Raise	Valuation	Remarks
	IPO	TSE	abCDe	abCDe

Preferences

Type of Financing	Equity
Stage Preferences	R&D,Seed

SECTOR SEGMENTATION (By Number Of Companies)

Network Infrastructure

50%

Semiconductors

25%

Medical Devices

25%

	PORTFOLIO COMPANIES

Current Portfolio Companies (3)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Devicescape

Network Infra.

Fourth Round	07/02/2011	N/A	$3.5m
Third Round	13/10/2010	N/A	$8.1m
Second Round	31/01/2005	N/A	$12.2m	Through the US arm

Magenta Medical

Fourth Round	03/05/2023	N/A	$55m
Third Round	01/11/2020	N/A	$20m
Second Round	29/07/2019	N/A	$56m
First Round	28/09/2017	N/A	$15m

Radwin

Network Infra.

Third Round	30/03/2005	N/A	$4m
Internal Round	01/03/2003	N/A	$8m
Second Round	01/07/2001	N/A	$8m
First Round	27/02/2000	N/A	$13m

Current VC Fund Portfolio (1)

Fund Name

Fund Type

Date Announced

Amount

Remarks

Icon Ventures

Venture Capital Fund

01/01/2003

N/A

Exits (18)

Company Name	Exit Type	Date Announced	Amount	Remarks
abC Defghij	Acquired	18/11/2003	abCDe	In cash
abC Defghij	IPO	15/11/2006	abCDe
abC Defghij	Acquired	15/10/2010	abCDe	In cash.
abC Defghij	Acquired	01/05/2000	abCDe	A stock transaction
abC Defghij	Acquired	08/04/2003	abCDe
abC Defghij	Merged	03/06/2002	abCDe
abC Defghij	Acquired	05/12/2005	abCDe	$141.5m in cash; 06/2006: RSA Security was acquired by EMC for $2.1b
abC Defghij	IPO	13/07/1999	abCDe	Transferred to the Nasdaq SmallCap Market in June 2002 (now known as Nasdaq Capital Market).
abC Defghij	Acquired	23/05/2002	abCDe	Microwave Networks is a subsidiary of Koor Industries
abC Defghij	Acquired	29/05/2002	abCDe
abC Defghij	Acquired	05/11/2002	abCDe	In cash
abC Defghij	Acquired	09/11/2003	abCDe
abC Defghij	Acquired	01/03/2000	abCDe	In shares
abC Defghij	Acquired	03/04/2006	abCDe	$35m of the total amount was paid in cash & stock, following company meeting milestones.
abC Defghij	Acquired	12/09/1999	abCDe
abC Defghij	Acquired	01/11/2005	abCDe	Sold all its assets except holdings in several high-tech companies which will be devided by investors
abC Defghij	Acquired	05/03/2009	abCDe	08/2008: WiseCom acquired Telrad Connegy Israeli activity (sales, marketing & customer support) to for $1.45m.
abC Defghij	Acquired	01/05/2001	abCDe

Historic Portfolio (15)

Company Name

Sector

Round/Deal Type

Date Announced

Investor Amount

Total Deal Amount

Remarks

Ascend I

N/A

Investment in Fund

01/01/1999

N/A

EasyBase Ltd.

Ceased to Operate

Ent. SW

First Round

01/04/1999

N/A

EC-Gate BV

Ceased to Operate

Ent. SW

Second Round	28/03/2000	N/A	$10.5m
First Round	07/11/1998	N/A	$3m

GlobaLoop

Ceased to Operate

Network Infra.

Third Round	09/08/2001	N/A	$2m
Second Round	01/09/2000	N/A	$5.5m

Hypernix

Ceased to Operate

CO SW

First Round

01/11/1999

$1.5m

$10m

JVP I

N/A

Investment in Fund

01/01/1994

N/A

$20m

JVP II

N/A

Investment in Fund

01/01/1998

N/A

$75m

JVP III

N/A

Investment in Fund

01/01/1999

N/A

$183m

JVP IV

N/A

Investment in Fund

01/01/2001

N/A

$427m

Phone-Or

Ceased to Operate

Network Infra.

Third Round	09/08/2000	N/A	$25m	Holds 6% of the company
First Round	01/07/1997	N/A	$3.6m

PrintLife Ltd.

Ceased to Operate

HW & Indust.

First Round	27/11/2000	N/A	$10m
Seed	01/01/1999	N/A	$5.5m

RADguard

Ceased to Operate

Network Infra.

Third Round	07/03/2001	N/A	$6.2m
Second Round	01/12/1999	N/A	$15m
First Round	28/04/1998	$1m	$4m

TeraChip

Ceased to Operate

Semicon.

Internal Round	01/06/2004	N/A	$1m
Second Round - Extended	04/02/2003	$3.5m	$3.5m

Vertex II

N/A

Investment in Fund

01/01/2000

N/A

$160m

Vertex IIF

N/A

Investment in Fund

01/01/1996

N/A

$47m

Last Updated:	abCDe
IVC Number:	abCDe