DNX VENTURES
DNX VENTURES is a Pre-seed, Seed, Series A and Series C+ fund in the US and Japan writing $1M–$5M checks into AI, Climate, Enterprise, Fintech, Security, cloud, deeptech, hardware, retail-tech, frontier-tech, industrial-ai, mobility, logistics and robotics.
- Stages
- Pre-seed, Seed, Series A, Series C+
- Sectors
- AI, Climate, Enterprise, Fintech, Security, cloud, deeptech, hardware, retail-tech, frontier-tech, industrial-ai, mobility, logistics, robotics
- Check size
- $1M–$5M
- Invests in
- US-wide, Japan
- Actively investing
- Yes
- Founded
- 2011
- Assets under management
- $750M+
- Website
- dnx.vc
Thesis
DNX Ventures is a venture capital firm founded in 2011 with a dual focus on the United States and Japan, specializing in early-stage Business-to-Business (B2B) startups. They primarily target Seed and Series A funding rounds, with occasional involvement in Pre-Seed and early revenue companies. Their investment strategy centers on B2B startups that address significant enterprise challenges and leverage transformative technology, seeking visionary founders. Key sectors of interest include SaaS/Cloud, Enterprise Software, Cybersecurity, Fintech, Deeptech, Climate Tech/Sustainability, Hardware, Retail Tech, Frontier Tech, AI/Machine Learning, Industrial AI, Mobility, Logistics, and Robotics. DNX Ventures typically invests between $1 million and $5 million per company, with a sweet spot of around $2.5 million, often acting as a lead investor but also co-investing. The firm manages over $750 million across multiple funds, including a $315 million third fund raised in 2020 and approximately $243 million for new Japan-focused funds closed in March 2024.
Common questions
Does DNX VENTURES invest at the Pre-seed stage?
Yes. DNX VENTURES lists Pre-seed, Seed, Series A and Series C+ among the stages it invests in.
What check size does DNX VENTURES write?
DNX VENTURES writes $1M–$5M checks.
Where does DNX VENTURES invest?
DNX VENTURES invests in the US and Japan.