Predict your next investment

Venture Capital
icp5.co.jp

See what CB Insights has to offer

Investments

13

Portfolio Exits

2

About ICP5

ICP5 is a venture capital firm based out of Tokyo, Japan.

ICP5 Headquarter Location

Nishikanda, 2-5-8 Chiyoda-Ku 8F, KYOWA15BANKAN

Tokyo, 101-0065,

Japan

81 3 3221 3505

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest ICP5 News

EXCLUSIVE: Dfinity founder shoots down all ‘rugpull’ allegations around Internet Computer (ICP) tokens

Sep 25, 2021

Headquartered in Zürich, Dfinity Foundation is a not-for-profit organization that is developing technology for the Internet Computer ( ICP ) blockchain and its aggressively growing ecosystem. After five years of development, the project finally launched its governance token for public trading in May 2021. Following a day of trading carnage, ICP landed among the top 10 cryptos, but the hype was short-lived as the token lost over 80% of its value in the following month. Artificial drop-in price “There’s a tidal wave level of misinformation out there, which reflects how big an impact the Internet Computer is making on the blockchain industry,” Dominic Williams, Founder, President and Chief Scientist of the DFINITY Foundation and Internet Computer project told CryptoSlate. According to him “this misinformation is created by professionals who were/are shorting ICP, by shills from competitors, by ambulance-chasing lawyers, and by members of the press who just want clickbait.”  “The highest real price was recorded for a few hours on the first day, and was just over $450 (see Coinmarketcap.com). After this peak, the price mostly fell pretty consistently for the following month, and then in the three following months until now, has remained relatively stable. Within the last week it touched $88,” Williams commented on ICP’s “artificial drop-in price,” which, as he clarified, lasted only a few seconds when the markets opened. “Why did this happen? We will never know exactly,” he said, adding that “what is obvious is that the Internet Computer underwent Genesis on the last day of a huge bull run in crypto,” when the price of Bitcoin ( BTC ) almost hit $60,000. Unfortunately, as Williams pointed out, the very next day the market sentiment turned, Bitcoin fell to around $30,000 over the following 9 days and “the sudden change in sentiment had an outsize effect on ICP, because it is a new token.” According to him, “a more mysterious factor is that in the days before Genesis, the ICP price on the FTX futures exchange suddenly rose by several hundred dollars, and this helped set the bullish initial prices on markets after Genesis.” “Certainly, some shadowy players will have then made fortunes shorting ICP, which upsets me greatly,” he concluded, claiming that neither the DFINITY Foundation nor he performed any kind of rug pull. He underlined that “the DFINITY Foundation didn’t sell any ICP for the first five weeks after Genesis, and then only to cover tax liabilities created by vesting RTUs paid to staff (Restricted Token Units).” “Founders and executives were locked up entirely for the first week. For my part, I have sold substantially less than 5% of my holdings since Genesis – after working day and night on the project for years,” he added. Ferocious growth ICP’s agenda to directly integrate with the Bitcoin blockchain, along with the network’s promising stats, including 500 developers that are now building on the network and over 250,000 daily active users of dapps, open internet services, DeFi, pan-industry platforms, and websites built on the Internet Computer, boosted the renewed investor appetite. 1/ The #InternetComputer community is actively involved in designing and shaping the network's Roadmap. Voting for Proposal 20586: Direct integration of Internet Computer with #BTC network has now begun ????️ https://t.co/Nil6QMLV8q The network recently surpassed 200 million blocks generated and, according to the project’s dashboard, “block height has increased by an average of 33% week over week since the May 10 Genesis launch.” Today at 15:49:25 UTC, the #InternetComputer surpassed 200M blocks generated. Block height has increased by an average of 33% week over week since the May 10 Genesis launch. ???? ♾ ???? “When the Internet Computer underwent Genesis four months ago, its new form of advanced smart contracts (called “canisters”) was supported from the get-go. Our raison d’etre is to support developers building exciting new things on the blockchain, and consequently, we are seeing ferocious growth. All kinds of new dapps are now appearing that it would be impossible to create on another blockchain.” 1/ Big news: The first $1 million in grant funding has been awarded to 60 entrepreneurs and developer teams building on the Internet Computer through the DFINITY Developer Grant Program ???? https://t.co/GLacXtJLIW Thus far, 65 grantees have received developer grants from the Dfinity Foundation’s near quarter of a billion-dollar grant program. ICP’s market cap has recently surpassed 9,5 billion and the token is currently trading around $57. Get an edge on the cryptoasset market Access more crypto insights and context in every article as a paid member of CryptoSlate Edge. On-chain analysis

ICP5 Investments

13 Investments

ICP5 has made 13 investments. Their latest investment was in Polar Star Space as part of their Seed VC on September 9, 2017.

CBI Logo

ICP5 Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/30/2017

Seed VC

Polar Star Space

Yes

1

4/30/2015

Growth Equity

Regience

$3.24M

Yes

Undisclosed Investors

1

9/16/2011

Growth Equity - III

Ipet Insurance

Yes

Dream Incubator, Mitsui Sumitomo Insurance, and STB investment co., Ltd. (former)

1

10/30/2002

Series A

Subscribe to see more

$99M

Subscribe to see more

10

6/1/2002

Series D

Subscribe to see more

$99M

Subscribe to see more

10

Date

9/30/2017

4/30/2015

9/16/2011

10/30/2002

6/1/2002

Round

Seed VC

Growth Equity

Growth Equity - III

Series A

Series D

Company

Polar Star Space

Regience

Ipet Insurance

Subscribe to see more

Subscribe to see more

Amount

$3.24M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Undisclosed Investors

Dream Incubator, Mitsui Sumitomo Insurance, and STB investment co., Ltd. (former)

Sources

1

1

1

10

10

ICP5 Portfolio Exits

2 Portfolio Exits

ICP5 has 2 portfolio exits. Their latest portfolio exit was Ipet Insurance on April 25, 2018.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

4/25/2018

IPO

1

00/00/0000

Subscribe to see more

Subscribe to see more

Subscribe to see more

10

Date

4/25/2018

00/00/0000

Exit

IPO

Subscribe to see more

Companies

Subscribe to see more

Valuation

Acquirer

Subscribe to see more

Sources

1

10

ICP5 Team

1 Team Member

ICP5 has 1 team member, including current Chief Executive Officer, President, Ishibe Masaki.

Name

Work History

Title

Status

Ishibe Masaki

Chief Executive Officer, President

Current

Name

Ishibe Masaki

Work History

Title

Chief Executive Officer, President

Status

Current

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.