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§ Venture Capital · Tokyo, Tokyo, Japan
Mitsubishi Estate Group CVC fund investing in startups for social issues, industrial transformation, and sustainability.
BRICKS FUND TOKYO operates as a corporate venture capital fund, strategically investing in emerging companies across various growth sectors. As the dedicated CVC arm of the Mitsubishi Estate Group, the firm provides capital and strategic support, focusing on industrial transformation. It builds enduring partnerships with a medium to long-term outlook, fostering the implementation of innovative solutions that address societal challenges and reshape industry structures.
Established in 2022 by Mitsubishi Estate Group, the fund emerged from the insight that, much like the historic bricks of Tokyo's Marunouchi district underpinned Japan's industrial revolution, new foundations are needed to propel future industrial change. This perspective drives its commitment to supporting groundbreaking entrepreneurial visions.
The fund's portfolio companies, primarily startups, benefit from investment and access to the extensive assets and ecosystem of the Mitsubishi Estate Group, facilitating product and service realization. BRICKS FUND TOKYO aims to accelerate the visions of entrepreneurs, collaborating to build the essential foundations for the next era and foster new growth industries.
BRICKS FUND TOKYO has 2 tracked investments across 2 companies. The latest tracked deal is $861.0M Series A in Free Standard in March 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 17, 2026 | Free Standard | $861.0M Series A | — | D4V, Kuroneko Innovation Fund, Mitsubishi Estate, Mitsui Fudosan |
| Oct 8, 2025 | Forest | $39.7M Series B | — | Dentsu Ventures, Globe Advisors Ventures, Hakuhodo DY Ventures, Japan Post Capital, University OF Tokyo Edge Capital |