Be bold
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We empower bold challengers to bring courage, confidence, and hope to the world.

DreamVision is not for the passive. We operate at the intersection of technology and culture, providing capital and support to founders who understand that the door to the future isn't found—it's built.

INVESTMENTS

30+

UNICORN

1

Global Exits

10+

IPOS ON TSE

4

SELECT PORTFOLIO

Global Markets
US
AnyRoad
IPOJapan
TeamSpirit
IPOJapan
giftee
US, Japan
Peatix
US, Japan
WHILL
Europe
Infarm
IPOJapan
Shanon
IPOJapan
Betrend
Vehicle

Personal Judgment VehiclePJV
Coming Soon

What PJV IS

Personal Judgment Vehicle (PJV) is a highly selective investment vehicle built to back founders who challenge global markets from day one.

All decisions are made solely by Ikuo Hiraishi—not by committees, partners, or consensus. PJV exists to exercise judgment, not to scale a platform.

We only consider founders who have already crossed the point of no return:

  • A legally established entity,
  • A clear commitment to global markets from inception, and
  • A genuinely multinational founding team.

While teams may be multinational by design, PJV focuses on founders and companies that originate in Japan—or include Japanese founders—who choose to challenge global markets from day one, not despite where they start, but because of it.

The company may be incorporated in Japan, the United States (Delaware), or Singapore. We are sector-agnostic, but not ambition-agnostic. PJV is interested only in opportunities that are global by design, not by extension.

What PJV is NOT

Personal Judgment Vehicle (PJV) is not a fund.

It does not raise capital, build portfolios, or optimize for scale.

PJV is not an accelerator or an incubator.

There are no programs, cohorts, demo days, or curricula.

PJV is not a community-driven organization.

It does not aim to be inclusive, supportive, or representative.

PJV is not a platform for experimentation.

It exists to make irreversible decisions, not to explore options.

Above all, PJV is not neutral.

It reflects the personal judgment, risk, and responsibility of a single decision-maker.

Judgment Philosophy

I believe the most important decisions are personal, not institutional. Committees optimize for safety. Judgment requires ownership.

Through PJV, I back founders who have already committed—legally, operationally, and psychologically—to building for global markets. I am not interested in potential, optionality, or learning experiments.

Every decision is made by me alone, and every outcome—success or failure—is my responsibility. Capital matters, but judgment matters more.

PJV exists to leave a visible trail of decisions: who was chosen, when, and why. Not to explain. Not to justify. Only to decide.

CHALLENGE
The Bridge

Japan Entry Support.

We help global startups enter and scale in Japan. Based on our hands-on experience launching Infarm in Japan, from market entry to building strategic partnerships, including JR East as a key investor. Japan is complex. We make it navigable by supporting the below activities.

01

Strategy

Market Entry Architecture

Crafting the blueprint for dominance. We decode the complex cultural and commercial landscape to position your narrative for maximum resonance.

戦略
02

Partnerships

Keiretsu Networks

Direct access to the boardrooms of Japan's industrial giants. We bypass middle management to secure POCs and strategic alliances.

提携
03

Business Dev

Commercial Expansion

Acting as your local sales force. We navigate complex decision-making hierarchies to close enterprise contracts and drive revenue.

開拓
04

Fundraising

Capital Access

Unlocking Japan's deep pockets. From CVCs to institutional LPs, we facilitate access to patient capital seeking global innovation.

調達

JAPAN ENTRY CASES

Japan Market Entry of a European In-Store Vertical Farming Startup
Infarm

Japan Market Entry of a European In-Store Vertical Farming Startup

Supported Infarm's entry into Japan by validating local demand and launching in-store vertical farming with major Japanese retailers.

Japan Market Entry of a U.S. Mobility Rewards Platform
Miles

Japan Market Entry of a U.S. Mobility Rewards Platform

Enabled Miles' Japan launch by building strategic partnerships with Japanese corporates and establishing a local operating base.

Founder's Note

Write your own music.

Twenty years ago, I could never have imagined where I am today.

As a teenager, I secretly dreamed of becoming a musician. A guitarist, to be precise. But I never truly committed. I practiced in my own unstructured way, avoided learning music theory, and never pushed myself to the level where "talent" or "discipline" could be tested. Deep down, I knew it wasn't a real commitment. It was only a wish.

Later, I tried acting. I even passed an audition for a famous theatre company — selected as one of five out of three hundred applicants. But I asked myself a hard question: What happens if I'm still unknown at thirty? I chose not to walk that path.

I wasn't born an entrepreneur. I didn't grow up dreaming of starting companies. In fact, I couldn't even picture myself as a so-called "salaryman."

I became an entrepreneur almost by accident — helping my former boss set up a company during Japan's corporate law reform in 1991, when thousands rushed to register new firms before the deadline. I decided to start one myself. That decision changed everything.

My first company was nothing special. A small, struggling business. Not even close to what people now call a "startup." But timing, persistence, and the courage to stay on stage carried me forward.

I rode the wave of the internet boom. I co-founded WebCrew, which later went public on the Tokyo Stock Exchange. I founded Interscope, built it into a top player in its industry, and exited through acquisition by Yahoo! Japan.

It was never easy. There were countless moments when quitting would have been the rational choice. But I stayed. Not because I was fearless. Not because I was always confident. But because I chose to commit.

And that is what I have learned:

If something is truly what you want, you don't just dream about it. You move. You build. You bet your time, your energy, your reputation, and sometimes your life on it. Otherwise, it's just a wish.

Entrepreneurship is not a job. It is a way of standing in the world.

It means writing your own music instead of playing someone else's score. It means refusing to live inside templates designed by others. It means choosing uncertainty over comfort, creation over imitation, and conviction over conformity.

As long as I have the strength, the intellect, the will, and the curiosity to continue, I will keep building. I will keep investing. I will keep supporting those who are bold enough to challenge the global stage.

Because the world doesn't need more copies. It needs original sound.

So write your own music.

And play it loud.

Ikuo Hiraishi
Founder, DreamVision

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