Japan startups receive staggering record-breaking funding of $9.7bn from VCs

January 29, 2024
1 min read

TLDR: Venture capital available for investment in startups in Japan has reached a record high of $9.7 billion, according to research firm Preqin. The increase in funding could help accelerate technological innovations in areas such as artificial intelligence and decarbonization.

The availability of venture capital for startups in Japan has reached a record high of $9.7 billion, according to research firm Preqin. This represents a 10% increase from the previous year, and is the largest year-end amount ever recorded. The increase in funding could help accelerate technological innovations in areas such as artificial intelligence and decarbonization.

Promising startups in Japan have attracted significant funding, leading to the establishment of big funds. Low interest rates and expectations of favorable effects from policy measures have also contributed to the increase in available capital.

The availability of venture capital is expected to drive technological advancements in various sectors, including artificial intelligence and decarbonization. Japanese startups working in these areas could benefit from increased funding and support.

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