Predict your next investment

Scrum Ventures company logo
Venture Capital
FINANCE | Investment Firms & Funds
scrum.vc

See what CB Insights has to offer

Investments

73

Portfolio Exits

13

Funds

4

Partners & Customers

4

About Scrum Ventures

Scrum Ventures is an early-stage venture capital firm based in Silicon Valley. The firm helps companies accelerate growth with its expertise and powerful network in Asia.

Scrum Ventures Headquarter Location

575 Market St #1600

San Francisco, California, 94105,

United States

415-744-4674

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.

Scrum Ventures Web Traffic

Rank
Page Views per User (PVPU)
Page Views per Million (PVPM)
Reach per Million (RPM)
CBI Logo

Scrum Ventures Rank

Latest Scrum Ventures News

Japan Post Unveils Cutting-Edge Initiative To Digitize Roads For Digital Maps Using Innoviz LiDAR

Aug 8, 2022

The Initiative Enables Next-Generation Services Including Autonomous Driving and Unmanned Delivery Tel Aviv and Tokyo /PRNewswire/ - Innoviz Technologies Ltd. (NASDAQ: INVZ ) (the "Company" or "Innoviz"), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, today announced that Japan Post , a special private company under the jurisdiction of the Ministry of Internal Affairs and Communications, offering postal and logistics services as well as banking and life & non-life insurance agency services, aims to construct digital maps with Innoviz's high-performance InnovizOne LiDAR sensor, paving the way for next-generation smart city services such as autonomous driving and unmanned delivery. Japan Post announced their plans to install InnovizOne LiDAR sensors on their postal delivery cars on July 20, 2022, during Scrum Ventures' SmartCityX Conference in San Francisco, which brought together more than 150 best-in-class founders, VCs, and stage-agnostic startups from across the globe. The InnovizOne equipped delivery vehicles will generate detailed digital maps that gather information such as changes in roads and buildings along delivery routes. These detailed maps will serve as foundational data to enable next-generation services for Japan's residents, such as automated driving and more. "Cities are evolving and re-emerging stronger than ever from the pandemic," said Michael Proman, Managing Director at Scrum Ventures and SmartCityX. "The collaborations between our Japanese partners and participating stage-agnostic startups transcend multiple smart city categories and represent some of the most thoughtful and innovative solutions being deployed around the world. We're thrilled to help further these efforts." "We greatly appreciate such an innovative approach full of possibilities to solve local issues across the country using the solution from Innoviz," said Executive Officer at Japan Post, Yoshihiro Gomi. "We hope that the combination of our assets and InnovizOne LiDAR sensor will lead to the creation of a new business." "Our innovative collaboration with Japan Post highlights the versatility of the Innoviz LiDAR and this is another example of new ways to use LiDAR in smart cities," said VP Asia at Innoviz Technologies, David Oberman. "We are grateful for the resources and support from Scrum Ventures to accelerate deployment of our InnovizOne LiDAR sensors for constructing digital maps and bringing value to Japan residents." Scrum Ventures' SmartCityX program aims to explore new innovations that can unlock new value through partnership with companies, local governments, and startups. Thirteen Japanese corporations representing a variety of industries took part in this year's event. InnovizOne was selected by Japan Post due to its ability to generate precise, high-resolution 3D point cloud data required for building the digital map. Following a successful demonstration last month, the two companies have begun to verify the needs and use of Japan Post data. About Japan Post Japan Post is a company that operates postal services and post offices in Japan, aiming to create new value in cooperation with companies outside the Japan Post Group by combining its post offices and delivery networks, one of its greatest strengths, with digital technologies to assist customers in cherishing safe, secure, and enriched lives in their communities. About Innoviz Technologies Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com

Scrum Ventures Investments

73 Investments

Scrum Ventures has made 73 investments. Their latest investment was in Algal Bio as part of their Series B on July 7, 2022.

CBI Logo

Scrum Ventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/26/2022

Series B

Algal Bio

$4.32M

Yes

2

7/20/2022

Seed VC

Unlace

$1.52M

Yes

2

7/14/2022

Seed VC

Bobidi

$5.8M

Yes

2

6/8/2022

Series B

Subscribe to see more

Subscribe to see more

10

5/25/2022

Seed VC

Subscribe to see more

$99M

Subscribe to see more

10

Date

7/26/2022

7/20/2022

7/14/2022

6/8/2022

5/25/2022

Round

Series B

Seed VC

Seed VC

Series B

Seed VC

Company

Algal Bio

Unlace

Bobidi

Subscribe to see more

Subscribe to see more

Amount

$4.32M

$1.52M

$5.8M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

2

2

10

10

Scrum Ventures Portfolio Exits

13 Portfolio Exits

Scrum Ventures has 13 portfolio exits. Their latest portfolio exit was ExaWizards on December 23, 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

12/23/2021

IPO

$99M

Public

2

11/5/2021

IPO

$99M

Public

2

6/2/2021

Acquired

$99M

7

3/16/2021

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

1/28/2020

Acquired

Subscribe to see more

$99M

Subscribe to see more

10

Date

12/23/2021

11/5/2021

6/2/2021

3/16/2021

1/28/2020

Exit

IPO

IPO

Acquired

Acquired

Acquired

Companies

Subscribe to see more

Subscribe to see more

Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

Public

Public

Subscribe to see more

Subscribe to see more

Sources

2

2

7

10

10

Scrum Ventures Fund History

4 Fund Histories

Scrum Ventures has 4 funds, including Scrum Ventures Fund III.

Closing Date

Fund

Fund Type

Status

Amount

Sources

2/28/2018

Scrum Ventures Fund III

Early-Stage Venture Capital

Open

$19M

2

7/11/2014

Scrum Ventures Fund II

Subscribe to see more

Subscribe to see more

$99M

10

3/21/2013

Scrum Ventures Fund I

$99M

10

Untapped Capital Fund

10

Closing Date

2/28/2018

7/11/2014

3/21/2013

Fund

Scrum Ventures Fund III

Scrum Ventures Fund II

Scrum Ventures Fund I

Untapped Capital Fund

Fund Type

Early-Stage Venture Capital

Subscribe to see more

Status

Open

Subscribe to see more

Amount

$19M

$99M

$99M

Sources

2

10

10

10

Scrum Ventures Partners & Customers

4 Partners and customers

Scrum Ventures has 4 strategic partners and customers. Scrum Ventures recently partnered with SmartCityX on January 1, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

1/14/2021

Partner

Japan

Scrum Ventures Expands SmartCityX Program with the Addition of Five New Supporter-level Partners

SAN FRANCISCO , Jan. 14 , 2021 / PRNewswire / -- Scrum Ventures today announced it has has expanded its partner companies for SmartCityX , a global open innovation program focused on bringing a diverse mix of stage-agnostic startups together along with some of the most iconic Japanese corporations and industry thought-leaders to better restore the vibrancy , appeal , and hope in cities across the world .

1

10/1/2018

Partner

Japan

Subscribe to see more

Subscribe to see more

10

3/2/2018

Partner

Japan

Subscribe to see more

Subscribe to see more

10

3/1/2018

Partner

Japan

Subscribe to see more

Subscribe to see more

10

Date

1/14/2021

10/1/2018

3/2/2018

3/1/2018

Type

Partner

Partner

Partner

Partner

Business Partner

Country

Japan

Japan

Japan

Japan

News Snippet

Scrum Ventures Expands SmartCityX Program with the Addition of Five New Supporter-level Partners

SAN FRANCISCO , Jan. 14 , 2021 / PRNewswire / -- Scrum Ventures today announced it has has expanded its partner companies for SmartCityX , a global open innovation program focused on bringing a diverse mix of stage-agnostic startups together along with some of the most iconic Japanese corporations and industry thought-leaders to better restore the vibrancy , appeal , and hope in cities across the world .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

10

10

10

Scrum Ventures Team

4 Team Members

Scrum Ventures has 4 team members, including current Founder, General Partner, Tak Miyata.

Name

Work History

Title

Status

Tak Miyata

Founder, General Partner

Current

Masami Takahashi

President

Current

Shuji Nakata

Chief Financial Officer

Current

Michael Proman

Managing Director

Current

Name

Tak Miyata

Masami Takahashi

Shuji Nakata

Michael Proman

Work History

Title

Founder, General Partner

President

Chief Financial Officer

Managing Director

Status

Current

Current

Current

Current

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

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.