“PANOVA” »
An operator-led investment firm that invests in businesses where stakeholder misalignment limits valuation.
We build operator-led investment firms from the ground up.
We invest directly in teams/businesses at transition points, work alongside operators to prove a value-creation playbook, then convert what works into studios and funds led by the operators who proved it.
Our focus is on operationally complex, relationship-heavy, undercapitalized businesses where some much needed stakeholder alignment can unlock durable valuation growth.
Mission & Purpose »
We invest in founder-led companies where the people, relationships, and potential are stronger than the company’s current structure. We do more than provide money. We step inside the business to fix governance, bring in the right operators, create partnerships, support strategic pivots, and help execute exits.
Our goal is to turn better alignment into real enterprise value, then build operator-led studios and funds that can repeat this model again and again.
We invest minority positions in founder-led startups and SMEs at transition points, directly and/or through co-investment structures.
We build PE vehicles and/or take working roles inside portfolio situations: governance repair, talent placement, partnership development, exit and pivot execution, and capital alignment.
We build venture studio vehicles and/or form new ventures around proven operators, domain knowledge, existing stakeholder networks, and attainable market opportunities.
We build a streamlined structure for a global operator community that turns relationships, talent, trust, and execution capacity into investable capital by actively bridging cross-cultural understandings and building a shared valuation basis among venture communities internationally.
Investment Profile »
We actively seek to engage investment opportunities with any of the following characteristics:
Holding Real Stakeholder Assets: Customers, partners, talent, operators, investors, advisors, or communities that can be better aligned.
Experiencing Repairable Misalignment: The business may be undercapitalized, under-operated, strategically unclear, or fragmented — but not fundamentally empty.
Going through Transition Moments: Pivots, exits, succession, failed fundraising, talent gaps, international expansion, restructuring, or new venture formation.
Additionally, we also seek to engage Operators/Builders (individuals) who steps up for the ride and the craft. We value people who: (1) leverage their primary work to create options, (2) proactively build deep, sincere, and lasting relationships, and (3) always take full ownership of the outcomes they are involved in.
Our Focus »
IT Security
Automation
Mental Health / Education
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KYOHEI OKAMURA
岡村 恭平
CEO/Co-Founder, Poai.株式会社Partner
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YURIKO ISHIHARA
石原 有里子
CEO, Panova 株式会社Partner
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HAJIME HIGASHIYAMA
東山 一
CEO, Polaris Consulting, Inc.Partner
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SEAN PAN
ション・パン
CEO, Panova Inc.Partner
Portfolio, Project & Partners »
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Poai. 株式会社 (JP)
2025.01 | Pre-Seed
https://poai.co.jp/ -
株式会社Share-Me (JP)
2025.07 | Seed
https://share-me.jp/ -
Panova 株式会社 (JP)
2026.06 | Subsidiary
How We Invest »
Panova deploys operators before capital.
Our operators will work inside your company first; our equity is the consequence of that work.
When: at the PoC stage — embedding operators to reach validation faster — or at later transition points (pivot, succession, exit, restructuring) where stakeholder misalignment is capping value.
How: results-based operator hours first, then aligned capital.
(To Founders) Upside: contributors (operators, customers, infrastructure) are to be paid partly in equity — so you lower cash burn, extend runway, and raise a smaller round to hit the next proof point.
Base on our community engagement template, the top 3 most common engagement styles can be illustrated as follows.
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Venture Partner
Join any project and/or collaboration(s) with existing explosive growth as a business partner/operator while simultaneously bringing on-board an entire team.
Typical for experienced operator/ex-founders with existing community(s). You get to capitalize the community growth while leveraging direct operating responsibilities to reap the most rewards.
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Eco-System Contributor
Join any project and/or collaboration(s) as an operator to drive new growth.
Typical for first-time angels. You get to experience the joy as a business parent while testing out the role of investor-operator.
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Community Member
Join any collaboration(s) while providing direct consult to multiple projects.
Typical for seasoned professionals seeking meaningful, fast-paced work. You’ll take on one-off projects from diverse startups—perfect for those who want to drive impact beyond a nonprofit board seat. For those who’re looking to invest with their expertise without fiduciary duties.
Contact Us »
For all other inquiries, please complete the form below, or contact us at general@panova-group.com.
We’ll do our best to respond in one (1) business day.

