Real Tech Holdings

Real Tech Holdings is a Japan-based deep tech venture capital and impact investment firm that was established in 2015 and rebranded in 2024 as UntroD. Rather than being a drug developer, it manages the Real Tech Fund franchise and invests in seed and early-stage deep tech startups across sectors including biotechnology, medical devices, energy, materials, robotics, agri-food, and other frontier technologies. The firm emphasizes hands-on support for social implementation, commercialization, regional ecosystem building, and impact-oriented investing. It operates domestically in Japan and internationally through Southeast Asia-focused activities, and works with corporate, institutional, and academic networks to source and scale portfolio companies. For a biotech analyst, the key point is that this is an investor with healthcare and biotech exposure, not a healthcare operating company with its own therapeutic pipeline.