At Incubate Fund, Murata is known for investing at the very first round and taking the lead while a company is still forming, and for running Incubate Camp in a way that lets founders pick their investor after hearing pitches, rather than the usual order. He was also an early bridge between internet-style venture investing and deeptech in Japan, helping convince Yoichi Ochiai to start Pixie Dust and supporting a model where universities get startup stock in exchange for their intellectual property instead of just licensing fees.