Fund II - Japan
We’re proud to announce the launch of 650 Fund II, a $100M+ venture capital fund built to back frontier technologies across AI, robotics, mobility, cybersecurity, and more — with a strategic lens on Japan’s rapidly evolving early-stage market.
Investment Thesis & Strategy
650 Fund II: Investment Thesis & Strategy Fund Overview 650 Fund II is a $100+ million venture capital fund dedicated to investing in transformative technologies across AI, robotics, cybersecurity, fintech, enterprise software, and applied deep tech. With a strong, high-caliber team, the fund is designed to support early-stage and growth-stage companies that are shaping the next generation of innovation. By leveraging its deep networks and strategic expertise, 650 Fund II ensures that portfolio companies receive the capital, mentorship, and operational support needed to scale eff ectively. Japan at a Turning Point – And So Are We Japan’s early-stage VC market is at a pivotal moment, experiencing unprecedented growth in venture investment. As illustrated in the Japan’s Early-Stage VC Market in USD: Turning Point & Growth Outlook (2012-2025) graph, the country has reached an infl ection point where accelerated investment and innovation will defi ne the coming decade. The post-pandemic transformation, combined with policy shifts and increasing investor appetite, creates a unique opportunity for high-growth startups. 650 Fund II is ready to capitalize on this turning point, strategically positioning itself as the bridge between Japan’s cutting-edge innovation ecosystem and global venture markets.
650 Fund II employs a proactive sourcing strategy, identifying disruptive companies at the earliest stages and providing them with the capital, strategic guidance, and market access needed to scale.
AI & Deep Tech
Investing in next-generation artificial intelligence, quantum computing, and data-driven enterprise solutions. This includes smart AI agency, AI-powered automation, and AI-driven decision intelligence platforms.
Life Sciences & Biotech
Supporting breakthroughs in synthetic biology, precision medicine, AI-driven drug discovery, and digital health innovations.
Advanced Robotics
Backing robotics startups focused on industrial automation, AI-driven manufacturing, autonomous mobility, and next-gen human-machine interfaces.
Cybersecurity & Privacy Tech
Addressng critical cybersecurity challenges through next-gen encryption, AI-driven threat detection, and decentralized security models.
Fintech & Decentralized Finance
Investing in cutting-edge fintech solutions, including blockchain-based financial infrastructure, AI-driven risk assessment, and payment technologies.
Enterprise Software & Cloud Innovation
Scaling transformative SaaS, cloud computing, and AI-powered workflow automation solutions tailored for large enterprises.
Japan is Ready, and So Are We
650 Fund II is committed to identifying, backing, and scaling breakthrough technologies that will define the next decade. The fund’s disciplined investment strategy, deep industry expertise, and global-local investment model position it to generate superior returns while driving meaningful technological advancements. With Japan’s VC market at a turning point, our fund stands ready to deploy capital into high-impact startups, leveraging: ● Exclusive Access: Investments in top-performing funds and high-potential startups. ● Strategic Focus: Backing breakthrough innovations in AI, biotech, and advanced automation. ● Experienced Team: Led by Dominik Steiner and Grace Stanat, leveraging deep networks and industry expertise. ● Demonstrated Returns: Strong historical track record with multiple high-multiple exits. Japan’s early-stage venture ecosystem is entering an accelerated growth phase, and 650 Fund II is poised to lead this transformation. The next decade will be shaped by frontier technologies, and our fund is at the center of this evolution, bridging Japan’s innovation with global capital and expertise.