Hitachi Ventures
Hitachi Ventures is the global corporate venture capital arm of Japan's Hitachi group, operationally headquartered in Munich with offices in Palo Alto, Boston and Bengaluru. Founded in June 2019 with Hitachi as sole limited partner, it invests primarily at Series A/B (average initial checks around 5 million USD, reserving roughly 55 percent for follow-ons) across four themes: HV Digital (AI and advanced computing), HV Industrial (Industry 4.0), HV Environment (decarbonization and circular economy) and HV Healthcare (techbio). By 2025 it managed four funds totalling about 1 billion USD in assets and a portfolio of over 50 startups, several of which reached unicorn status.
Hitachi Ventures is a Munich venture capital firm with €950M AUM, 46 active companies and 3 exits.
- ·3 exits in the last 5 years · consistent DPI cadence.
- ·Average hold across 3 realized deals: 1 years.
- ·Fund cadence: ~2Y between vintages · last raise 2025.
Sector breakdown
49 companiesGeography breakdown
10 geographiesKey facts
Recent exits
Hitachi Ventures sold Teramount to Molex in 2026 after 1 year.
Hitachi Ventures sold Regrello to Salesforce in 2025 after 2 years.
Hitachi Ventures took SOPHiA GENETICS public in 2021 after 1 year.
Coverage notes
4 funds tracked, 49 portfolio companies (46 active · 3 realized). Verified weekly from public filings and deal announcements.
Funds & portfolio
Every fund Hitachi Ventures has raised, with its portfolio companies. Hand-checked from public filings.
Hitachi Ventures Fund IVVC2025€370M17 assets1 exitsVC2025 · 1yr€370M171
Unrealized
17 held| Company | Entry |
|---|---|
| Aalo Atomics Energy · US | 2025 |
| Amplio Business Services · US | 2025 |
| Arcee AI AI/ML · US | 2025 |
| Avicena Deep Tech · US | 2025 |
| CVector AI/ML · US | 2026 |
| Edgescale AI AI/ML · US | 2026 |
| Exponent Energy Energy · India | 2026 |
| Graphon AI/ML · US | 2026 |
| Infravision Energy · Australia | 2025 |
| Invisix Deep Tech · Netherlands | 2026 |
| NovoLINC Deep Tech · US | 2025 |
| Opsera DevTools · US | 2025 |
| Pantomath Data & Analytics · US | 2025 |
| RegScale Cybersecurity · US | 2025 |
| Tem ClimateTech · UK | 2026 |
| Tibo Energy ClimateTech · Netherlands | 2025 |
| Xaba AI/ML · Canada | 2025 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Teramount Deep Tech · Israel | 2025 | 2026 | Trade Sale | Molex | – |
Hitachi Ventures Fund IIIVC2023€275M17 assets1 exitsVC2023 · 3yr€275M171
Unrealized
17 held| Company | Entry |
|---|---|
| Archetype AI AI/ML · US | 2024 |
| Arrcus Telecom · US | 2023 |
| Bioptimus Biotech · France | 2025 |
| Captura ClimateTech · US | 2023 |
| Cure51 Biotech · France | 2024 |
| Cyclic Materials Industrials · Canada | 2024 |
| Ema AI/ML · US | 2024 |
| Grow Inc Fintech · Australia | 2024 |
| Lineaje Cybersecurity · US | 2024 |
| Pow.Bio Biotech · US | 2023 |
| Relation Therapeutics Biotech · UK | 2024 |
| Samsara Eco ClimateTech · Australia | 2024 |
| Strangeworks Deep Tech · US | 2023 |
| StrikeReady Cybersecurity · US | 2024 |
| Thea Energy ClimateTech · US | 2024 |
| Trustwise AI/ML · US | 2024 |
| WASE ClimateTech · UK | 2024 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| Regrello Software · US | 2023 | 2025 | Trade Sale | Salesforce | – |
Hitachi Ventures Fund IIVC2021€130M8 assetsVC2021 · 5yr€130M8–
Unrealized
8 held| Company | Entry |
|---|---|
| ArsenalBio Biotech · US | 2022 |
| Ascend Elements Energy · US | 2022 |
| BeZero Carbon ClimateTech · UK | 2022 |
| Makersite SaaS · Germany | 2022 |
| Proscia MedTech · US | 2022 |
| Provectus Algae Biotech · Australia | 2021 |
| Scipher Medicine HealthTech · US | 2022 |
| Weka Software · US | 2022 |
Hitachi Ventures Fund IVC2019€135M4 assets1 exitsVC2019 · 7yr€135M41
Unrealized
4 held| Company | Entry |
|---|---|
| Huma HealthTech · UK | 2021 |
| inVia Robotics Industrials · US | 2021 |
| Rescale Software · US | 2021 |
| Taranis Business Services · US | 2020 |
Realized
1 exit| Company | Entry | Exit | Type | Buyer | MOIC |
|---|---|---|---|---|---|
| SOPHiA GENETICS Biotech · Switzerland | 2020 | 2021 | IPO | – | – |
Frequently asked questions
- What investment strategy does Hitachi Ventures focus on?
- Hitachi Ventures focuses on VC, Growth strategies in the private equity space.
- How many portfolio companies does Hitachi Ventures have?
- Hitachi Ventures has 46 active portfolio companies and 3 completed exits and 4 funds tracked on GP Intel.
- Where is Hitachi Ventures headquartered?
- Hitachi Ventures is headquartered in Munich, Germany.
- What is Hitachi Ventures's assets under management?
- Hitachi Ventures manages approximately €950M in assets under management.
- When was Hitachi Ventures founded?
- Hitachi Ventures was founded in 2019.
- What sectors does Hitachi Ventures invest in?
- Hitachi Ventures invests across Software, Healthcare, Energy, Industrials, TMT.
- What are Hitachi Ventures's recent exits?
- Recent realized exits by Hitachi Ventures include: Teramount (2026) to Molex; Regrello (2025) to Salesforce.
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