As Japan’s startup ecosystem continues to grow and mature, a new generation of venture capitalists is getting the international edge they need.
The Japan External Trade Organization (JETRO) and San Francisco’s Coolwater Capital have officially announced Cohort 2 of their Emerging Fund Manager Accelerator, and the momentum is stronger than ever.
A Program Built for Ambitious VC Talent
This accelerator isn’t your average training course.
It’s a three-month intensive program tailored for Japan-based fund managers who want to build institutional-grade venture funds with global relevance.
Everything is taught in English and designed for flexible participation — whether attendees join virtually or in-person.
Participants will go through eight core modules, attend regular networking events, and receive guidance through office hours and meetups — all with the aim of helping them raise capital and scale globally.
Lessons from a Successful First Round
Cohort 1 of the program made headlines when 17 General Partners (GPs) were selected from hundreds of applicants.
Together, these GPs are now aiming to raise over $500 million in new venture funds.
That early success has only strengthened the accelerator’s reputation as a launchpad for next-gen fund managers in Japan.
Who Should Apply?
The program is open to a wide range of emerging VC leaders, including:
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Former startup founders
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Corporate venture spinouts
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Tech industry executives
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Institutional investors
…as long as they are working on Japan-focused investment strategies.
What’s New This Time Around?
Cohort 2 comes with a series of upgrades aimed at deepening impact and reach:
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More personalized support: Think 1-on-1 coaching for fundraising, LP strategy, and branding.
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Better infrastructure: Expanded shared services to help with investor relations and fund positioning.
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Hybrid flexibility: More localized assistance with both in-person and online programming.
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Alumni engagement: A brand-new content platform and podcast series designed to keep past participants connected and learning.
Important Dates to Remember
Here’s a quick breakdown of the upcoming schedule:
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Applications opened: June 11, 2025
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Deadline to apply: July 16, 2025
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Program kickoff in Tokyo: September 9–11
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Weekly virtual sessions: Start right after the launch
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Investor summit in New York: November 17–19 — the grand capstone event
Final Thoughts
With global capital increasingly interested in Asian markets, this accelerator is giving Japan’s venture capital scene a serious shot of adrenaline.
Whether you’re a seasoned investor or an ex-founder ready to launch your first fund, Cohort 2 might just be the door to your next big opportunity.