Venture Capital 2024

1. Trends

1.1 VC Market

In September 2023, Josys Inc, a Japanese software as a serviceand device management platform, closed a series B funding round of USD93 million. This news was widely covered by tech media outlets in and outside Japan and came as a surprise to the investor community, given the large amount raised at an early stage in a globally difficult funding environment. According to a report compiled by STARTUP DB, the total amount raised by start-ups in Japan in 2023 was estimated to be JPY903.7 billion, a 28% decrease compared to the same period in the previous year. Compared to the United States, where funding amounts have roughly halved from their peak periods, the decrease in Japan is smaller. It can be said that Japan now has one of the best funding environments for start-ups.