Startup Class, Inc. is pleased to announce that it has raised funds through a third-party allotment of new shares, with Mizuho Capital Co., Ltd. as the lead investor, and underwriters GxPartners Limited Liability Partnership, Leave a Nest Capital Co., Ltd., and SMBC Venture Capital Co., Ltd., as well as borrowing from financial institutions.
Japan’s startup ecosystem has grown rapidly in recent years, and according to a Cabinet Office survey, the number of domestic startups is about 13,000, an increase of about 30% compared to five years ago. However, in an environment of intensifying global competition, Japanese startups still face serious challenges. According to a report by the Japan Venture Capital Association, one of the barriers faced by startups is “challenges in securing human resources” (56%).
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In light of this background, STACLAR has raised funds to expand the scope of support for entrepreneurs and startups and to strengthen our organization. With this funding, in addition to supporting startups in securing human resources, we will strengthen our support services to solve various challenges faced by entrepreneurs and startups, and accelerate our vision of “creating 100 companies that will illuminate the next 100 years.”
SOURCE: PRTimes