Iwagin Jigyo Souzou Capital

Iwagin Jigyo Souzou Capital is a venture capital firm based in Morioka, Iwate, Japan, established in 2015. The firm specializes in investing in seed to early-stage companies within the medical, software, and biotechnology industries, primarily focusing on the Japanese market, including cities like Tokyo, Morioka, and Yokohama. The firm utilizes industry-academia-government-financed networks to support venture companies, aiming to contribute to regional revitalization in Iwate.

The firm's investment strategy encompasses various stages, including seed, early stage, and late stage, with a geographical focus on Japan. Iwagin Jigyo Souzou Capital has invested in several companies, such as Cellspect, a developer of analytical equipment and diagnostic reagents for point-of-care testing; Pocket Marche, an app connecting consumers directly with farmers for fresh seasonal ingredients; JOLLY GOOD Inc., specializing in virtual reality solutions for medical education and clinical training; and Robofull, providing AI-powered automation solutions for manufacturing equipment.

In March 2025, The Bank of Iwate, Ltd. agreed to acquire the remaining 60% stake in Iwagin Jigyo Souzou Capital Co., Ltd., aiming to fully integrate the venture capital firm into its operations. This acquisition is expected to be completed by March 31, 2025, potentially impacting the firm's future investment activities and strategic direction.