DG Daiwa Ventures Invests in AI Agent "Project Pluto" for Institutional Investors
DG Daiwa Ventures (DGDV) has invested in Project Pluto Inc., the provider of the AI Financial Agent "Terminal X," during its Series A round. This funding supports Project Pluto's growth in automating investment workflows for institutional investors by effectively leveraging unstructured data.
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- 📰 Published: April 3, 2026 at 22:00
DG Daiwa Ventures (Headquarters: Chiyoda-ku, Tokyo, Representative Directors: Junichi Nakajima, Katsuyasu Murata, hereinafter "DGDV") is pleased to announce its investment in Project Pluto Inc. (Representative Director: Hyun, Hong, Headquarters: 430 Park Ave, New York, hereinafter "Project Pluto"), which provides the AI Financial Agent "Terminal X," during its Series A round.
**"Investment-Specific AI Agent" Understanding Corporate Internal Data**
Terminal X provides an AI agent capable of indexing public/private data, including institutional investors' internal data, on a large scale, enabling sophisticated search and inference down to the cell and numerical level.
This agent is more than just a search tool; its distinguishing feature is its ability to perform research and analysis following the thought processes of actual analysts and portfolio managers. It integrates the entire investment workflow, including creating investment memos, analyzing similar companies, analyzing transaction examples, portfolio monitoring, and preparing for investment committee meetings, as a unified AI workflow.
**Focus on "Unstructured Data" in Institutional Investors**
Institutional investors such as asset management firms, private equity firms, and investment banks possess vast amounts of data, including real-time market data, broker research, internal documents, models, emails, and message histories. However, much of this data exists in unstructured and dispersed formats, making it difficult for AI to utilize immediately. Project Pluto views the essence of this challenge as "investment data exists but is not optimized for LLMs," and is rebuilding the data infrastructure from the ground up to enable AI to be utilized in actual investment operations.
**Rapidly Validated Enterprise Traction**
Since its service launch in early 2025, Project Pluto has seen rapid expansion, with enterprise customer usage growing approximately 40 times in 8 months. To date, over 1 million enterprise queries have been processed, and key clients are executing a substantial portion of their core investment operations on Terminal X.
Furthermore, the transition rate from paid PoCs to contracts is high, and high growth speeds are recorded on an ARR basis. These achievements are spreading primarily through word-of-mouth referrals among customers, without relying on external marketing, demonstrating product-led scalability.
**Competitiveness Based on Finance-Specialized Data Infrastructure**
Project Pluto is built on a data infrastructure specialized for the financial industry, equipped to process both public data and a company's internal private data simultaneously. It can comprehensively analyze everything from large unstructured documents to traditional Excel and time-series data, and real-time market data. With a multi-model, multi-agent configuration, it provides AI agents optimized for each investment task.
This distinguishes it from general AI tools or simple data provision services, establishing its position as a Vertical AI specialized for the financial domain.
**Investment Background**
DGDV has long been interested in Project Pluto's achievement in realizing an AI agent deeply integrated into the actual operational workflows of institutional investors, leading to this investment. Through this investment, DGDV plans to actively support Project Pluto in establishing new standards for AI-driven investment decision-making targeting global financial institutions.
■ About Project Pluto Inc.
Company Name: Project Pluto Inc.
Established: August 2022
Representative: Hyun, Hong
Business Description: Development and provision of AI Financial Agent "Terminal X" for institutional investors (integrated indexing of public/private data, automation of investment research and analysis workflows)
WEB: https://www.terminal-x.ai/
■ About DGDV
DGDV is a Tokyo-based venture capital firm investing primarily in seed and early-stage startups. Headquartered in Japan, we have worked closely with top global investors in North America and other regions through co-investments and joint events. DGDV has been committed to fostering cutting-edge technologies in various fields, actively investing not only in software domains such as AI and security but also in a wide range of areas including deep tech, fintech, climate tech, and robotics. DGDV's mission is to bridge various gaps between Japan and the global market, and to transform the entire startup ecosystem through investments in startups challenging innovation on a global scale.
URL: https://dg-daiwa-v.com/
Keywords: AI, DGDV, VC, Venture Capital, Startup
**"Investment-Specific AI Agent" Understanding Corporate Internal Data**
Terminal X provides an AI agent capable of indexing public/private data, including institutional investors' internal data, on a large scale, enabling sophisticated search and inference down to the cell and numerical level.
This agent is more than just a search tool; its distinguishing feature is its ability to perform research and analysis following the thought processes of actual analysts and portfolio managers. It integrates the entire investment workflow, including creating investment memos, analyzing similar companies, analyzing transaction examples, portfolio monitoring, and preparing for investment committee meetings, as a unified AI workflow.
**Focus on "Unstructured Data" in Institutional Investors**
Institutional investors such as asset management firms, private equity firms, and investment banks possess vast amounts of data, including real-time market data, broker research, internal documents, models, emails, and message histories. However, much of this data exists in unstructured and dispersed formats, making it difficult for AI to utilize immediately. Project Pluto views the essence of this challenge as "investment data exists but is not optimized for LLMs," and is rebuilding the data infrastructure from the ground up to enable AI to be utilized in actual investment operations.
**Rapidly Validated Enterprise Traction**
Since its service launch in early 2025, Project Pluto has seen rapid expansion, with enterprise customer usage growing approximately 40 times in 8 months. To date, over 1 million enterprise queries have been processed, and key clients are executing a substantial portion of their core investment operations on Terminal X.
Furthermore, the transition rate from paid PoCs to contracts is high, and high growth speeds are recorded on an ARR basis. These achievements are spreading primarily through word-of-mouth referrals among customers, without relying on external marketing, demonstrating product-led scalability.
**Competitiveness Based on Finance-Specialized Data Infrastructure**
Project Pluto is built on a data infrastructure specialized for the financial industry, equipped to process both public data and a company's internal private data simultaneously. It can comprehensively analyze everything from large unstructured documents to traditional Excel and time-series data, and real-time market data. With a multi-model, multi-agent configuration, it provides AI agents optimized for each investment task.
This distinguishes it from general AI tools or simple data provision services, establishing its position as a Vertical AI specialized for the financial domain.
**Investment Background**
DGDV has long been interested in Project Pluto's achievement in realizing an AI agent deeply integrated into the actual operational workflows of institutional investors, leading to this investment. Through this investment, DGDV plans to actively support Project Pluto in establishing new standards for AI-driven investment decision-making targeting global financial institutions.
■ About Project Pluto Inc.
Company Name: Project Pluto Inc.
Established: August 2022
Representative: Hyun, Hong
Business Description: Development and provision of AI Financial Agent "Terminal X" for institutional investors (integrated indexing of public/private data, automation of investment research and analysis workflows)
WEB: https://www.terminal-x.ai/
■ About DGDV
DGDV is a Tokyo-based venture capital firm investing primarily in seed and early-stage startups. Headquartered in Japan, we have worked closely with top global investors in North America and other regions through co-investments and joint events. DGDV has been committed to fostering cutting-edge technologies in various fields, actively investing not only in software domains such as AI and security but also in a wide range of areas including deep tech, fintech, climate tech, and robotics. DGDV's mission is to bridge various gaps between Japan and the global market, and to transform the entire startup ecosystem through investments in startups challenging innovation on a global scale.
URL: https://dg-daiwa-v.com/
Keywords: AI, DGDV, VC, Venture Capital, Startup
FAQ
What is Project Pluto's "Terminal X"?
An AI agent for institutional investors that indexes internal and external data, including unstructured data, and provides advanced search and inference capabilities to automate investment operations.
What is the purpose of this investment?
DG Daiwa Ventures invested in the Series A round to support Project Pluto in establishing new standards for AI-driven investment decision-making.
What specifically is unstructured data?
Refers to data in formats that are difficult for AI to analyze directly, such as real-time market data, broker research, internal documents, emails, and message histories.