The most interesting unicorns to come out of Japan

Quick Summary:

Japan’s startup sector, despite being one of the biggest in the world, has lagged behind other regions like the U.S., China, and the U.K., in terms of the number of unicorns and the scale of venture capital investment.

The startup raised a massive Series A round (about $214 million) in September at a valuation of $1.5 billion from major Japanese banks and tech companies.

Key investors: Beenext, Coral Capital, KKR, Light Street Capital, Sequoia Capital Global Equities, Teachers’ Ventures Growth (Arm of Ontario Teachers’ Pension Plan), World Innovation Lab, and Whole Rock.

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Article Details

Author / Journalist: Kate Park

Category: StartupsBusiness

Markets: United StatesChinaCubaIndonesiaJapanMalaysiaPhilippinesSingaporeThailandVietnam

Topics: Startups Tech startups Evergreen Japan startups AI

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-12 @ 15:00:00 (15 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 1322 words

Reading Time: 8 minutes read

Sentences: 52 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 23009268

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