D Capital II Series Funds

Japan

Series A

About D Capital II Series Funds

D Capital II Series Funds is a venture capital firm based in Japan, focusing on Series A stage investments. The fund actively supports founders building innovative solutions in SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionJapan

Funding StageSeries A

Industry Focus

Saas

Investor Signals Profile

active

Sweet Spot

Japan mid-market companies ripe for DX-driven PE transformation

DX × PE

Japan PE

digital transformation

buyout

operational value-add

Bullish Signals

Japan's first DX×PE hybrid fundexternal

Tokyo HQ, 31–33 employees confirmedlinkedin

Top-tier investment + DX professionalsexternal

Field CTO on team — rare PE assetlinkedin

Minami-Aoyama office — premium Tokyo addresslinkedin

287 LinkedIn followers, actively recruitinglinkedin

Official website dcapital.jp liveexternal

Contrarian Signals

Listed 2–10 employees vs 33 actual headcountlinkedin

Minimal public track record visibleexternal

Founder Do's

Have clear DX transformation angle

Target Japanese mid-market companies

Show operational improvement potential

Bring PE-compatible business model

Engage with field CTO / DX operators

Founder Don'ts

No DX relevance in business

Early-stage VC deals — PE focus only

Non-Japan market focus

Key GPs & Partners

Shunsuke Aihara

Representative Partner

investment professionalPE-focusedDX expert

Masaya Kubota

General Partner

PE investorDX-orientedJapan market

Akira Shibata

Field CTO

CTODX operatortech execution

Masahiro Aoyagi

HR Director

talentPE HRexecutive search

Unlock Investor Signals

$29/month for full signal access. Cancel anytime.

View Plans Browse all Signal Profiles →

Fund Overview

Fund Size$445M

Saves0

Website

Key People

Naoto Umezu, Koji Adachi, Tomohide Handa

Shunsuke AiharaRepresentative Partner

Masaya KubotaGeneral Partner

Akira ShibataField CTO

Masahiro AoyagiHR Director

Related Funds

Genesia Ventures Fund IV

$113M

Japan

Seed

Supply Chain, Ai Ml, Energy Tech

Fund Manager:Soichi Tajima

Seed

Supply Chain

Ai Ml

Energy Tech

Headline Asia Fund V

$145M

Japan

Seed

Mobility Transport, Ai Ml, Ecommerce, Saas

Fund Manager:Akio Tanaka

Seed

Mobility Transport

Ai Ml

Ecommerce

Saas

Sony Innovation Fund 4

¥20.1K

Japan

Seed

Deep Tech, Ai Ml, Robotics Automation

Fund Manager:Sony Ventures Corporation

Seed

Deep Tech

Ai Ml

Robotics Automation