
Investments
133Portfolio Exits
11Funds
8About Spiral Ventures
Spiral Ventures is a venture capital firm operating in both Asia and Japan. The firm aims to invest in startups that address social needs and create new futures in Southeast Asia and India (through Spiral Ventures Asia) and Japan (through Spiral Capital).

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Research containing Spiral Ventures
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CB Insights Intelligence Analysts have mentioned Spiral Ventures in 2 CB Insights research briefs, most recently on Jun 3, 2020.
Latest Spiral Ventures News
Dec 22, 2022
NirogStreet raises $12 million in a series B funding round led by Jungle Ventures. The other participants in the rounds were existing investors Spiral Ventures, ICMG Co-Creation Fund and angel investors such as DoorDash’s Gokul Rajaram and Japanese bank SMBC’s APAC co-head Rajeev Kannan. It was founded in 2016 by Ram Kumar N. The family office of investor Anthony Weldon is also an investor in the round. The funds will be utilised to strengthen its supply chain, service offerings and technology. The startup uses tech to offer a range of services including doctor prescriptions, peer-to-peer learning for over 50,000 Ayurvedic doctors, digital health record management, and smart clinics. According to the media reports Anurag Srivastava from Jungle Ventures mentioned that Nirog street is transforming the entire Ayurveda value chain by infusing trust, quality, access and scale to the industry. He also highlighted that the team is building an industry-first Ayurveda ecosystem with their unique community-first, knowledge and commerce approach. The company raised $4 million in December last year in a round led by CE Ventures, the corporate venture capital platform of Crescent Enterprises and ICMG.
Spiral Ventures Investments
133 Investments
Spiral Ventures has made 133 investments. Their latest investment was in Bunzz as part of their Seed VC on January 1, 2023.

Spiral Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
1/17/2023 | Seed VC | Bunzz | $4.5M | Yes | 2 | |
12/21/2022 | Series A | Acompany | $4.82M | Yes | 1 | |
12/12/2022 | Series B | OPTIMIND | $14.77M | Yes | 4 | |
12/7/2022 | Convertible Note | |||||
11/18/2022 | Series B |
Date | 1/17/2023 | 12/21/2022 | 12/12/2022 | 12/7/2022 | 11/18/2022 |
---|---|---|---|---|---|
Round | Seed VC | Series A | Series B | Convertible Note | Series B |
Company | Bunzz | Acompany | OPTIMIND | ||
Amount | $4.5M | $4.82M | $14.77M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources | 2 | 1 | 4 |
Spiral Ventures Portfolio Exits
11 Portfolio Exits
Spiral Ventures has 11 portfolio exits. Their latest portfolio exit was Quan on October 25, 2021.
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 |
---|---|---|---|---|---|
10/25/2021 | Merger | 2 | |||
10/22/2021 | Acquired | NTT DoCoMo, and Medley | 2 | ||
4/21/2021 | IPO | Public | 4 | ||
Spiral Ventures Fund History
8 Fund Histories
Spiral Ventures has 8 funds, including Logistics Innovation Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
8/24/2020 | Logistics Innovation Fund | $66.07M | 1 | ||
1/29/2018 | Spiral Ventures Japan Fund 1 | ||||
1/15/2018 | Spiral Ventures Asia Fund I | ||||
2/11/2016 | IMJ Investment Partners Japan Fund I | ||||
6/11/2015 | IMJ-IP Open Innovation Fund I |
Closing Date | 8/24/2020 | 1/29/2018 | 1/15/2018 | 2/11/2016 | 6/11/2015 |
---|---|---|---|---|---|
Fund | Logistics Innovation Fund | Spiral Ventures Japan Fund 1 | Spiral Ventures Asia Fund I | IMJ Investment Partners Japan Fund I | IMJ-IP Open Innovation Fund I |
Fund Type | |||||
Status | |||||
Amount | $66.07M | ||||
Sources | 1 |
Spiral Ventures Team
1 Team Member
Spiral Ventures has 1 team member, including current Managing Partner, Daisuke Iwase.
Name | Work History | Title | Status |
---|---|---|---|
Daisuke Iwase | AIA Group, LIFENET INSURANCE COMPANY, Ripplewood Holdings, Internet Capital Group, and The Boston Consulting Group | Managing Partner | Current |
Name | Daisuke Iwase |
---|---|
Work History | AIA Group, LIFENET INSURANCE COMPANY, Ripplewood Holdings, Internet Capital Group, and The Boston Consulting Group |
Title | Managing Partner |
Status | Current |
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