D CAPITAL, INC.
D CAPITAL, INC. is a Series C+ and buyout fund in Japan investing in consumer-goods, food-and-agriculture, retail and manufacturing.
- Stages
- Series C+, buyout
- Sectors
- consumer-goods, food-and-agriculture, retail, manufacturing
- Invests in
- Japan
- Actively investing
- Yes
- Founded
- 2021
- Assets under management
- $445M
Check size not disclosed
Thesis
D CAPITAL, INC. is a Japanese private equity firm established in 2021, headquartered in Tokyo. The firm employs a 'Digital Transformation (DX) x Buyout' strategy, focusing on enhancing Japanese small and medium-sized enterprises (SMEs) through digitalization. Their investment thesis targets companies with high potential, aiming to unlock growth in product innovation, marketing, and distribution. D Capital primarily invests in companies across Japan, with a focus on the lower middle market, within sectors like Consumer Goods, Food and Agriculture, Retail, and Manufacturing. They utilize a 'DX x PE' concept, supported by a network of digital professionals and an 'DX Guild' of approximately 40 experts, to provide hands-on support, strengthen management, and create value via data and technology. The firm announced the final closing of its second series of funds, D Capital II Series Funds, at ¥67 billion (approximately $445 million USD) on April 4, 2025. Their first fund, D Capital I Investment Limited Partnership, had a final close on December 28, 2022, with ¥31.5 billion committed.
Common questions
Does D CAPITAL, INC. invest at the Series C+ stage?
Yes. D CAPITAL, INC. lists Series C+ and buyout among the stages it invests in.
Where does D CAPITAL, INC. invest?
D CAPITAL, INC. invests in Japan.