Pegasus’s Anis Uzzaman says Japan’s startup story is just beginning

The Silicon Valley VC, who backed OpenAI and SpaceX, is doubling down on Japan as corporate capital and AI urgency converge.

Anis Uzzaman, founder and CEO of San Jose-based Pegasus Tech Ventures, told The Japan Times in May 2026 that Japan is “now at a turning point,” with the startup ecosystem poised to mature on the back of government support, rising corporate venture capital and internationalization.

Pegasus runs a “venture-capital-as-a-service” model, administering corporate venture funds and connecting them to startups. The firm’s portfolio spans SpaceX, Airbnb, Robinhood, OpenAI and Anthropic.

In April 2026, Uzzaman said he had quadrupled Pegasus’s Japan-focused “Japanet” venture fund to $200 million, citing urgency among Japanese corporates: “They know the AI revolution is happening.”

Uzzaman’s perspective carries weight in Japan: during doctoral studies at Tokyo Metropolitan University he learned Japanese from scratch, and is now an adjunct professor at Kyoto University’s Graduate School of Management.

Sources: Source 1 · Source 2

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