Japan will introduce a residency program for angel investors to encourage investment in the country’s startups. The program aims to attract much-needed investment capital and will offer residency lasting up to five years. This initiative comes as Japan seeks to boost its startup ecosystem in key sectors. According to a report by Nikkei Asia, the […]

EdgeCortix, a Japan-based fabless semiconductor development and design company specializing in edge artificial intelligence (AI), announced the successful conclusion of its $20 million funding round. EdgeCortix has also partnered with Renesas Electronics Corporation, a prominent provider of advanced semiconductor solutions.  Leading this financing endeavor were Japan’s venture capital firm, SBI Investment Co. Ltd., and Global […]

MUFG, also known as Mitsubishi UFJ Financial Group, and its subsidiary Mitsubishi UFJ Innovation Partners Co., Ltd. (MUIP) have jointly announced the establishment of the MUFG Innovation Partners No. 3 Investment Partnership, a fund with a capitalization of JPY 20 billion.  MUFG has been actively engaged in various initiatives to meet the financial needs of […]

Singapore’s Hydroleap, a green wastewater technology company, has raised $4.4 million in its Series A funding round. The funding was led by Real Tech Holdings, a prominent Japanese Venture Capital firm, with the participation of corporate investors, including Mitsubishi Electric, Seeds Capital, Wavemaker Partners, New Keynes Investments, and the State Government of Victoria in Australia. […]

Singapore’s state-owned investment firm, Temasek Holdings, has announced that its venture capital arm, Vertex Venture Holdings, has successfully raised more than $900 million in the initial round of fundraising for its latest fund, Nikkei Asia reported.   The company, headquartered in Singapore, manages a total of six funds, including five early-stage funds that target investments in […]

Sony Network Communications, a subsidiary of the renowned Japanese tech and entertainment giant, has invested $3.5 million in Startale Labs, a promising web3 startup. This investment, facilitated through a private placement of new shares, is expected to be utilized to develop crucial infrastructure for the global adoption of web3. As part of this collaboration, Jun […]

Japanese financial giant Mitsubishi UFJ Financial Group (MUFG) has announced its plans to acquire Mandala Multifinance, an Indonesian auto loan provider, for 7 trillion rupiahs ($467 million). As part of the deal, MUFG’s subsidiary, MUFG Bank, will hold a 70.6% stake in Mandala Multifinance, while Adira Dinamika Multi Finance, a subsidiary of Bank Danamon, will […]

Tokyo-based startup FLUX has secured $32 million in a Series B funding round led by DNX Ventures, a venture capital firm. The funding also included participation from existing investors Archetype Ventures and new investors such as Japan Co-Investment, Aozora Corporate Investments, Salesforce Ventures, Sony Innovation Fund, SMBC Nikko Securities, and NTT Docomo Ventures.  This latest […]

Cinnamon Pvt. Ltd. was founded by Dr. Hajime Hotta, Miku Hirano and Yoshiaki Ieda in October 2012. It is a Tokyo-based company. The company uses AI technology to automate -extracting data from documents. Documents are an essential component in the lives of both individuals and corporations. An individual must have documents like his birth certificate, […]

600 was founded in June 2017. It has its headquarters in Shibuya-Ku, Japan. The company manufactures and sells unmanned convenience stores (vending machines) to corporations across the world. If the vending machines are under warranty, the company even services them free. 600 was founded by Kei Kubo who earlier started a payment platform called WebPay […]