UTokyo Innovation Platform Co.,Ltd.
UTokyo Innovation Platform Co., Ltd. (UTokyo IPC for short) was founded in 2016 to encourage innovation for university-related startups. The name stands for the corporate identity that serves as the innovation platform for the University of Tokyo, its startups and society as a whole through three pillars of activities: investment operations, supporting start-ups, and corporate innovation.
Investment is targeted at start-ups leveraging university-nurtured expertise into business opportunities—particularly in the area of deep tech—and takes place by way of two funds with different policies (and with a total value of ¥50 billion as of the end of 2022). So far, investments have been made in over 60 companies, 5 of which have exited.
In parallel to investments, we have been running the “1stRound” incubation program since 2017. The program provides start-ups and teams in their pre-seed stage half-year intensive supports such as hands-on, business resources as well as “equity-free” capital; so far 60 companies enjoyed the supports to leverage their business. The program has now grown to co-host with eight Japanese national universities, becoming the nation’s largest cross-university incubation platform, and continues to evolve further.
Our activities also span to the recruiting platform DEEPTECH DIVE which provides an avenue for mutual interaction and exchange between tech-related startups and talents interested in tech ventures. Now that open innovation has become the norm, we are driving various forms of business development with industry, including forming spinoff startups from them.
As the venture investment arm for the University of Tokyo, which values diversity and inclusion and is a place anyone in the world would want to join, we collaborate with venture capitals, industry, startups and academia to drive innovation across borders.