Animal Spirits Ltd.

Animal Spirits Ltd. is a Japanese venture capital firm dedicated to fostering startups that contribute to social transformation for future generations. The firm operates the Animal Spirits No. 1 Fund, focusing on seed and early-stage investments. Their mission is to support startups that can act as catalysts for societal change, aiming to establish a thriving ecosystem where successful startups inspire new entrepreneurs and drive positive societal impact.

The firm's investment strategy emphasizes sectors such as information technology, B2B services, medical, agriculture, farming, and assistive technology. They typically invest between 15 million yen and 300 million yen per round, with a maximum investment amount of 500 million yen. The median investment amount is around 150 million yen. Animal Spirits Ltd. is committed to making follow-on investments in subsequent funding rounds if it contributes to the growth of the startup.

Founded in August 2022 by Yusuke Asakura, Animal Spirits Ltd. is headquartered in Tokyo, Japan. The firm is led by CEO and Director Boris Thuery. Their portfolio includes a diverse range of companies across various industries, reflecting their commitment to supporting startups that drive social change for future generations. The firm operates with a focus on impact investing, risk management, and social impact, aiming to create a positive and lasting effect on society through their investments.