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1. TRACXN TOP BUSINESS MODELS REPORT
April 11, 2022
JAPAN TECH

2. Japan Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
Japan Tech Funding OverviewJapan Tech 3
Top Funded Business Models 4
One Pagers 9
Appendix 59
2

3. Japan Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Funding in last 1 year
3
Mobile Gaming $883M
Advanced Materials $436M
NewSpace $304M
Internet First Media $230M
HRTech $142M
Y-o-Y Funding
Top Investors by Funding Rounds
Seed
Stage
Global Brain
Genesia Ventures
XTech Ventures
6
3
3
Early
Stage
JAFCO
Global Brain
SMBC Venture Capital
5
5
4
Late
Stage
JAFCO
31VENTURES
JIC Venture Growth Invest..
3
3
3
Funding by Geography
Top Feeds by $ Funding
Top Funding Rounds
$ Funding # Rounds
Nexon
(1994, Tokyo)
$883M - Series D
Spiber
(2007, Yamagata)
$313M - Series E
Smart News
(2012, Tokyo)
$230M - Series F
SmartHR
(2015, Tokyo)
$142M - Series D
LIMEX
(2006, Tokyo)
$124M - Series D
Astroscale
(2013, Sumida-ku)
$109M - Series F
Synspective
(2018, Koto)
$100M - Series B
Terra Drone Corp
(2017, Shibuya)
$70.0M - Series B
Linc'well
(2018, Minato)
$69.3M - Series C
NETSTARS
(2008, Chuo)
$66.0M - Series A
Aculys
(2021, Fujisawa)
$60.0M - Series B
SNKRDUNK
(2016, Shibuya)
$56.5M - Series C
Tokyo (55%)
Yamagata (11%)
Shibuya (8%)
Minato (5%)
Sumida-ku (4%)
Others (18%)

4. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Japan Tech - Top Funded Business Models - last 1 year (1/5)
4
Rank Business Model $ Funding # Rounds Top Funding Round Details
1-- Bio Based Textile Materials $313M 1 Spiber | $313M | Series E Link
2-- HRMS for Enterprises $142M 1 SmartHR | $142M | Series D Link
3-- Satellite Based Imaging Services $124M 2 Synspective | $100M | Series B Link
4<> 0 Space Debris Removal Services $109M 1 Astroscale | $109M | Series F Link
5▲16 Drone Survey Services $70.0M 1 Terra Drone .. | $70.0M | Series B Link
6-- Online Doctor Appointment Booking Platform $69.3M 1 Linc'well | $69.3M | Series C Link
7-- POS Payment Hardwares $66.0M 1 NETSTARS | $66.0M | Series A Link
8-- Sleep Disorder Drugs $60.0M 1 Aculys | $60.0M | Series B Link
9-- P2P Sneakers Marketplace $56.5M 2 SNKRDUNK | $56.5M | Series C Link
10--
Healthcare IT > Value Based Care > Care
Coordination > Care Planning & Management >
Elderly
$50.0M 1 Allm | $50.0M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

5. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Japan Tech - Top Funded Business Models - last 1 year (2/5)
5
Rank Business Model $ Funding # Rounds Top Funding Round Details
11-- Mass Spectroscopy Imaging Systems $50.0M 1 Atonarp | $50.0M | Series D Link
12-- Internet First Reloadable Prepaid Cards $41.2M 1 Kyash | $41.2M | Series D Link
13-- Pre School Management Software $36.5M 1 Unifa | $36.5M | Series D Link
14-- Heart Failure Drugs $36.5M 1 Heartseed | $36.5M | Series C Link
15-- Tours and Activities Booking Platforms $26.3M 1 Asoview | $26.3M | Series E Link
16-- Satellite Imagery Data Providers $23.8M 1 Axelspace | $23.8M | Series C Link
17-- Travel Agency Management Software $20.3M 1 Reiwa Travel | $20.3M | Series B Link
18-- Decentralized Cryptocurrency Exchanges $18.0M 1 Orca | $18.0M | Series A Link
19▼16 Drugs for Multiple Cancer Types $17.3M 3 Prism Biolab | $11.8M | Series C Link
20▼15 Smart Locks $15.8M 2 Photosynth | $15.8M | Series C Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

6. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Japan Tech - Top Funded Business Models - last 1 year (3/5)
6
Rank Business Model $ Funding # Rounds Top Funding Round Details
21-- Cancer Diagnostic Tests $11.3M 1 Craif | $11.3M | Series B Link
22▲13 Ground Station Networks $10.5M 2 Infostellar | $6.2M | Series B Link
23-- AI based Software Testing $10.0M 1 Autify | $10.0M | Series A Link
24-- P2P Wallet Remittance $10.0M 1 Telcoin | $10.0M | Seed Link
25-- Corneal Disorders Therapy Devices $9.5M 1 Cellusion | $9.5M | Series A Link
26-- Edge AI Accelerators $8.0M 1 EdgeCortix | $8.0M | Series A Link
27-- Crypto Based Pool Mining $5.6M 2 IZUMI | $3.5M | Series A Link
28-- Solar Power Plant Monitoring Systems $4.6M 1 PPLC | $4.6M | Series A Link
29-- Spacecraft Manufacturers $4.5M 1 SPACE WALKER | $4.5M | Seed Link
30-- Stable Cryptocurrencies $4.4M 2 JPYC | $4.4M | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

7. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Japan Tech - Top Funded Business Models - last 1 year (4/5)
7
Rank Business Model $ Funding # Rounds Top Funding Round Details
31-- SMB Accounting $3.5M 1 First Account.. | $3.5M | Series C Link
32-- Body Chemistry Monitoring Devices $3.2M 1 Bisu | $3.2M | Seed Link
33-- Small Satellite Manufacturers $2.7M 1 ElevationSpace | $2.7M | Seed Link
34-- Drugs for Diabetic Retinopathy $2.6M 1 Restore Vision | $2.6M | Seed Link
35-- Video Hosting $1.7M 1 Meety | $1.7M | Seed Link
36-- Online B2B Farm Produce Distributor $1.4M 1 Secai Marche | $1.4M | Seed Link
37-- Internet First Performance Panty Brands $1.3M 1 Nagi | $1.3M | Series A Link
38-- Eye Tracking for VR $1.0M 1 Fove | $1.0M | Series A Link
39-- Cryptocurrency Portfolio Management $913K 1 Cryptact | $913K | Seed Link
40--
Distributed Energy Resources Management
Software
$606K 1 Tensor Energy | $606K | Seed Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

8. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Japan Tech - Top Funded Business Models - last 1 year (5/5)
8
Rank Business Model $ Funding # Rounds Top Funding Round Details
41▼24 Social Media Ad Campaign Management $394K 1 Adgo | $394K | Series A Link
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1 year.

9. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Spiber (2007, Yamagata)
$313M - Series E - Sep 2021
Bio Based Textile Materials - Japan
01
9
Back to index
Fashion Tech (Locondo)
(# Cos: 151 | $640M)
Innovative Materials (Morus)
(# Cos: 3 | $424M)
Sustainable Fabrics (Spiber)
(# Cos: 3 | $424M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$313M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$424M
2
-
3
1
Spiber
(2007, Yamagata, $424M)
Morus
(2021, Shibuya)
Teijin Frontier
(2012, Osaka)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

10. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
HRMS for Enterprises - Japan
02
10
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$142M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$213M
3
2
9
1
HRTech (BizReach)
(# Cos: 234 | $364M)
HRMS (Rifcom)
(# Cos: 30 | $218M)
Suite (kao Navi)
(# Cos: 13 | $213M)
Enterprise (SmartHR)
(# Cos: 9 | $213M)
SmartHR
(2015, Tokyo, $212M)
kao Navi
(2008, Minato)
Rifcom
(2014, Tokyo, $485K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SmartHR (2015, Tokyo)
$142M - Series D - Jun 2021

11. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Satellite Based Imaging Services - Japan
03
11
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$124M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$284M
3
-
5
2
NewSpace (ispace)
(# Cos: 21 | $854M)
Space Services (Astroscale)
(# Cos: 8 | $600M)
Imaging (Synspective)
(# Cos: 5 | $284M)
Satellite Based (Axelspace)
(# Cos: 5 | $284M)
Axelspace
(2008, Chuo, $63.3M)
Synspective
(2018, Koto, $200M)
iQPS
(2005, Fukuoka, $20.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Synspective (2018, Koto)
$100M - Series B - Mar 2022
Axelspace (2008, Chuo)
$23.8M - Series C - May 2021

12. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Astroscale (2013, Sumida-ku)
$109M - Series F - Nov 2021
Space Debris Removal Services - Japan
04
12
Back to index
NewSpace (ispace)
(# Cos: 21 | $854M)
Space Services (Axelspace)
(# Cos: 8 | $600M)
Removal (Astroscale)
(# Cos: 1 | $308M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$109M (▲114%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$308M
1
-
1
1
Astroscale
(2013, Sumida-ku, $308M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

13. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Terra Drone Corp (2017, Shibuya)
$70.0M - Series B - Mar 2022
Drone Survey Services - Japan
05
13
Back to index
Drones (Sensyn Robotics)
(# Cos: 37 | $179M)
Tech Enabled Services (Metroweather)
(# Cos: 9 | $86.1M)
Aerial Surveying (Terra Drone Corp)
(# Cos: 2 | $84.2M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$70.0M (▲393%)
1( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$84.2M
1
-
2
1
Terra Drone Corp
(2017, Shibuya, $84.2M)
Awa Drone
(2015, Tokushima)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

14. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Online Doctor Appointment Booking
Platform - Japan
06
14
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$69.3M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$69.3M
1
-
2
1
Healthcare Booking Platforms (Miltel)
(# Cos: 71 | $77.8M)
Doctors (UrDoc)
(# Cos: 38 | $72.5M)
Appointment Booking (Uttaro)
(# Cos: 2 | $69.3M)
Diversified (Linc'well)
(# Cos: 2 | $69.3M)
Linc'well
(2018, Minato, $69.3M)
Uttaro
(2018, Osaka)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Linc'well (2018, Minato)
$69.3M - Series C - Nov 2021

15. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
POS Payment Hardwares - Japan
07
15
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$66.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$140M
2
-
3
1
Payments (Kyash)
(# Cos: 89 | $296M)
Business Payments (Net Protections)
(# Cos: 40 | $165M)
POS Payments (Infcurion)
(# Cos: 10 | $162M)
POS Payment Terminal (Coiney)
(# Cos: 7 | $162M)
Hardware (NETSTARS)
(# Cos: 3 | $140M)
NETSTARS
(2008, Chuo, $130M)
Royal gate
(2007, Tokyo, $10.2M)
ANA Digital Gate
(2016, Tokyo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
NETSTARS (2008, Chuo)
$66.0M - Series A - Apr 2021

16. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Aculys (2021, Fujisawa)
$60.0M - Series B - Oct 2021
Sleep Disorder Drugs - Japan
08
16
Back to index
Neurology (Sosei Heptares)
(# Cos: 26 | $70.0M)
Drugs (Eisai)
(# Cos: 14 | $68.6M)
Sleep (Aculys)
(# Cos: 1 | $60.0M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$60.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$60.0M
1
-
1
1
Aculys
(2021, Fujisawa, $60.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

17. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
P2P Sneakers Marketplace - Japan
09
17
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$56.5M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$56.5M
1
-
1
1
Fashion Tech (AirCloset)
(# Cos: 151 | $640M)
B2C Commerce (Locondo)
(# Cos: 134 | $178M)
Footwear (TENTIAL)
(# Cos: 4 | $56.5M)
Sneakers (TRAQ)
(# Cos: 2 | $56.5M)
P2P Marketplace (SNKRDUNK)
(# Cos: 1 | $56.5M)
SNKRDUNK
(2016, Shibuya, $56.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
SNKRDUNK (2016, Shibuya)
Undisclosed - Series D - Dec 2021
$56.5M - Series C - Jul 2021

18. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Healthcare IT > Value Based Care > Care Coordination > Care
Planning & Management > Elderly - Japan
10
18
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$50.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$50.0M
2
-
2
1
Healthcare IT (CureApp)
(# Cos: 169 | $352M)
Value Based Care (Triple W Japan)
(# Cos: 35 | $91.0M)
Care Coordination (Embrace)
(# Cos: 9 | $50.0M)
Care Planning & Management (TXP
Medical)
(# Cos: 7 | $50.0M)
Elderly (Allm)
(# Cos: 2 | $50.0M)
Allm
(2001, Shibuya, $50.0M)
Logic
(1995, Ishikawa)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Allm (2001, Shibuya)
$50.0M - Series A - Apr 2021

19. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Mass Spectroscopy Imaging Systems -
Japan
11
19
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$50.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$111M
1
-
1
1
Life Sciences Platforms and Tools (PHC Holdings)
(# Cos: 173 | $487M)
Instruments (Olympus)
(# Cos: 34 | $220M)
Imaging Systems (Nikon)
(# Cos: 10 | $111M)
Spectroscopy (Rigaku)
(# Cos: 2 | $111M)
Mass Spectroscopy (Atonarp)
(# Cos: 1 | $111M)
Atonarp
(2009, Minato, $111M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Atonarp (2009, Minato)
$50.0M - Series D - May 2021

20. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Internet First Reloadable Prepaid Cards -
Japan
12
20
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$41.2M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$110M
3
1
8
1
Payments (Coiney)
(# Cos: 89 | $296M)
Consumer Payments (Credit Saison)
(# Cos: 37 | $110M)
Payment Cards (Orient)
(# Cos: 19 | $110M)
Prepaid Cards (Valuedesign)
(# Cos: 10 | $110M)
General Purpose (Rakuten Card)
(# Cos: 8 | $110M)
Reloadable (Kyash)
(# Cos: 8 | $110M)
Kyash
(2015, Tokyo, $110M)
Rakuten Card
(2001, Setagaya)
Valuedesign
(2006, Nihombashi-kaya..)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Kyash (2015, Tokyo)
$41.2M - Series D - Mar 2022

21. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Unifa (2013, Nagoya)
$36.5M - Series D - Jun 2021
Pre School Management Software -
Japan
13
21
Back to index
Mom & Baby Care (Smart Education)
(# Cos: 61 | $80.0M)
ChildCare Providers (Kids Line)
(# Cos: 6 | $68.9M)
Management Softwares (Unifa)
(# Cos: 2 | $68.9M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$36.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$68.9M
1
-
2
1
Unifa
(2013, Nagoya, $68.9M)
News
(2021, Fukuoka)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

22. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Heartseed (2015, Shinjuku)
$36.5M - Series C - Jun 2021
Heart Failure Drugs - Japan
14
22
Back to index
Cardiac and Vascular Disorders (Metcela)
(# Cos: 30 | $99.1M)
Drugs (Daiichi Sankyo)
(# Cos: 5 | $76.4M)
Heart Failure (Heartseed)
(# Cos: 1 | $74.9M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$36.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$74.9M
1
-
1
1
Heartseed
(2015, Shinjuku, $74.9M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

23. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Asoview (2011, Shibuya)
$26.3M - Series E - Dec 2021
Tours and Activities Booking Platforms -
Japan
15
23
Back to index
Online Travel (Relux)
(# Cos: 180 | $140M)
Tours & Activities (Voyagin)
(# Cos: 16 | $56.7M)
Online Agency (Asoview)
(# Cos: 6 | $56.2M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$26.3M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$56.2M
4
1
6
1
Asoview
(2011, Shibuya, $33.2M)
VELTRA
(1991, Tokyo)
Tabitatsu
(2014, Shibuya, $23.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

24. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Axelspace (2008, Chuo)
$23.8M - Series C - May 2021
Satellite Imagery Data Providers - Japan
16
24
Back to index
Data as a Service (Uzabase)
(# Cos: 25 | $96.4M)
Geography (SmartDrive)
(# Cos: 3 | $72.3M)
Satellite Imagery Data (Axelspace)
(# Cos: 1 | $63.3M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$23.8M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$63.3M
1
-
1
1
Axelspace
(2008, Chuo, $63.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

25. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Travel Agency Management Software -
Japan
17
25
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$20.3M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$20.3M
1
-
1
1
Online Travel (Asoview)
(# Cos: 180 | $140M)
Technology Enablers (tripla)
(# Cos: 8 | $22.5M)
Travel Agency IT (TRAVESENS)
(# Cos: 2 | $20.3M)
Suite (Reiwa Travel)
(# Cos: 1 | $20.3M)
Reiwa Travel
(2021, Shibuya, $20.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Reiwa Travel (2021, Shibuya)
$20.3M - Series B - Jul 2021

26. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Decentralized Cryptocurrency Exchanges
- Japan
18
26
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$18.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$18.0M
3
-
3
1
Cryptocurrencies (Quoine)
(# Cos: 139 | $240M)
Financial Services (Cryptact)
(# Cos: 79 | $226M)
Investment Industry (Zaif)
(# Cos: 60 | $94.8M)
Crypto Exchanges (bitFlyer)
(# Cos: 24 | $52.0M)
Decentralized Exchanges (Orca)
(# Cos: 3 | $18.0M)
Orca
(2020, Tokyo, $18.0M)
SushiSwap PancakeSwap
(2020, Hiroshima)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Orca (2020, Tokyo)
$18.0M - Series A - Sep 2021

27. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Prism Biolab (2006, Yokohama)
$11.8M - Series C - Sep 2021
J-Pharma (2005, Yokohama)
$5.5M - Series D - Jul 2021
KORTUC (2015, Minato)
Undisclosed - Seed - Jul 2021
Drugs for Multiple Cancer Types - Japan
19
27
Back to index
Oncology (ThinkCyte)
(# Cos: 69 | $308M)
Drugs (Anaeropharma)
(# Cos: 49 | $228M)
Diversified (Eisai)
(# Cos: 34 | $156M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$17.3M (▼59.9%)
3(▼25%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
2
$156M
25
8
34
3
Eisai
(1941, Tokyo)
Anaeropharma
(2004, Chiyoda-ku, $49.3M)
SymBio Pharma
(2005, Minato, $24.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

28. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Smart Locks - Japan
20
28
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$15.8M (▼52.1%)
2(▲100%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$76.9M
4
1
7
1
Smart Homes (Nature global)
(# Cos: 35 | $78.0M)
Home Security (Safie)
(# Cos: 14 | $76.9M)
Access Control (Akerun)
(# Cos: 9 | $76.9M)
Smart Lock and Key (Photosynth)
(# Cos: 8 | $76.9M)
Locks (Bitkey)
(# Cos: 7 | $76.9M)
Bitkey
(2018, Chuo, $20.6M)
Photosynth
(2014, Minato, $52.6M)
Akerun
(2014, Tokyo, $3.8M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Photosynth (2014, Minato)
$15.8M - Series C - Jul 2021
Bitkey (2018, Chuo)
Undisclosed - Series A - May 2021

29. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Craif (2018, Bunkyo)
$11.3M - Series B - Nov 2021
Cancer Diagnostic Tests - Japan
21
29
Back to index
Oncology (Eisai)
(# Cos: 69 | $308M)
In-Vitro Diagnostic Tests (Miltel)
(# Cos: 15 | $35.3M)
Pan Cancer (LPixel)
(# Cos: 3 | $18.3M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$11.3M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$18.3M
3
-
3
0
LPixel
(2014, Tokyo, $7.0M)
Craif
(2018, Bunkyo, $11.3M)
Icaria
(2018, Bunkyo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

30. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Infostellar (2016, Tokyo)
$4.3M - Series B - Jan 2022
$6.2M - Series B - Oct 2021
Ground Station Networks - Japan
22
30
Back to index
NewSpace (Astroscale)
(# Cos: 21 | $854M)
Network Operators (Skyagte Technologies)
(# Cos: 2 | $21.3M)
Ground Stations (Infostellar)
(# Cos: 2 | $21.3M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$10.5M (▲199%)
2( <> 0% )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$21.3M
2
-
2
1
Infostellar
(2016, Tokyo, $21.3M)
Skyagte Technologies
(2020, Tokyo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

31. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Autify (2016, Chuo)
$10.0M - Series A - Oct 2021
AI based Software Testing - Japan
23
31
Back to index
Software Testing Tools (DeployGate)
(# Cos: 12 | $13.1M)
Automated Testing Tools (Rocro)
(# Cos: 6 | $13.1M)
AI based (Autify)
(# Cos: 1 | $13.1M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$10.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$13.1M
1
-
1
1
Autify
(2016, Chuo, $13.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

32. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
P2P Wallet Remittance - Japan
24
32
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$10.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$10.0M
1
-
6
1
Digital Remittance (Smiles)
(# Cos: 14 | $10.0M)
Internet First Platforms (Money Tap)
(# Cos: 13 | $10.0M)
P2P Remittance (pring)
(# Cos: 13 | $10.0M)
Wallet Transfer (Telcoin)
(# Cos: 6 | $10.0M)
Telcoin
(2013, Shibuya, $10.0M)
Digital Wallet
(2014, Chiyoda-ku)
Webllet
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Telcoin (2013, Shibuya)
$10.0M - Seed - Jul 2021

33. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Corneal Disorders Therapy Devices -
Japan
25
33
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$9.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$14.7M
1
-
1
0
Ophthalmology (Healios)
(# Cos: 17 | $50.6M)
Medical Devices (Clute Medical Systems)
(# Cos: 7 | $14.7M)
Therapy (SeikoVision)
(# Cos: 4 | $14.7M)
Corneal Disorders (Cellusion)
(# Cos: 1 | $14.7M)
Cellusion
(2015, Minato, $14.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cellusion (2015, Minato)
$9.5M - Series A - Jan 2022

34. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Edge AI Accelerators - Japan
26
34
Back to index
Edge Computing (Midokura)
(# Cos: 12 | $84.6M)
AI Accelerators (EdgeCortix)
(# Cos: 1 | $8.0M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$8.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$8.0M
1
-
1
0
EdgeCortix
(2019, Shinagawa, $8.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
EdgeCortix (2019, Shinagawa)
$8.0M - Series A - Feb 2022

35. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
IZUMI (2021, Tokyo)
$3.5M - Series A - Dec 2021
$2.1M - Seed - Nov 2021
Crypto Based Pool Mining - Japan
27
35
Back to index
Cryptocurrencies (bitFlyer)
(# Cos: 139 | $240M)
Mining (Sanka Network)
(# Cos: 7 | $5.6M)
Pool Mining (IZUMI)
(# Cos: 2 | $5.6M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$5.6M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$5.6M
1
-
2
0
IZUMI
(2021, Tokyo, $5.6M)
Sanka Network
(2019, Tokyo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

36. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Solar Power Plant Monitoring Systems -
Japan
28
36
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$4.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$15.4M
2
-
4
1
Renewable Energy Tech (Laplace System)
(# Cos: 22 | $65.8M)
Solar Energy (QD Laser)
(# Cos: 15 | $65.8M)
Monitoring (PPLC)
(# Cos: 5 | $15.4M)
Power Plant Monitoring (Sensyn
Robotics)
(# Cos: 4 | $15.4M)
Sensyn Robotics
(2015, Tokyo, $10.9M)
PPLC
(2017, Bunkyo, $4.6M)
TAOKE
(2010, Tokyo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
PPLC (2017, Bunkyo)
$4.6M - Series A - Aug 2021

37. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
SPACE WALKER (2017, Minato)
$4.5M - Seed - Mar 2022
Spacecraft Manufacturers - Japan
29
37
Back to index
NewSpace (Astroscale)
(# Cos: 21 | $854M)
Space Hardware (ispace)
(# Cos: 5 | $203M)
Spacecraft (SPACE WALKER)
(# Cos: 1 | $4.5M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$4.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.5M
1
-
1
0
SPACE WALKER
(2017, Minato, $4.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

38. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
JPYC (2019, Chiyoda-ku)
$4.4M - Series A - Nov 2021
Digital Asset Ma.. (2018, Chiyoda-ku)
$3.1M - Series A - Feb 2022
Stable Cryptocurrencies - Japan
30
38
Back to index
Cryptocurrencies (bitFlyer)
(# Cos: 139 | $240M)
Coins (BitClout)
(# Cos: 30 | $7.5M)
Stable Coins (JPYC)
(# Cos: 6 | $7.5M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$4.4M ( -- )
2( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$7.5M
4
-
6
1
JPYC
(2019, Chiyoda-ku, $4.4M)
Ichi Digital Asset Markets
(2018, Chiyoda-ku, $3.1M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

39. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
SMB Accounting - Japan
31
39
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$3.5M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$148M
5
3
9
1
Finance & Accounting Tech (MakeLeaps)
(# Cos: 43 | $190M)
Accounting Solutions (LayerX)
(# Cos: 31 | $179M)
Accounting Suite (MJS)
(# Cos: 9 | $148M)
SMBs (freee)
(# Cos: 9 | $148M)
freee
(2012, Tokyo, $143M)
MJS
(1977, Tokyo)
First Accounting
(2016, Minato, $3.5M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
First Accounting (2016, Minato)
$3.5M - Series C - Jan 2022

40. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Body Chemistry Monitoring Devices -
Japan
32
40
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$3.2M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.3M
2
-
2
0
Disease Self Management (CureApp)
(# Cos: 94 | $78.3M)
Body Health Parameters (A&D)
(# Cos: 11 | $4.3M)
Monitoring (Omron)
(# Cos: 11 | $4.3M)
Body Chemistry (Symax)
(# Cos: 2 | $4.3M)
Device (Bisu)
(# Cos: 2 | $4.3M)
Bisu
(2003, Tokyo, $4.3M)
Symax
(2014, Tokyo)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Bisu (2003, Tokyo)
$3.2M - Seed - Oct 2021

41. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
ElevationSpace (2020, Miyagi)
$2.7M - Seed - Mar 2022
Small Satellite Manufacturers - Japan
33
41
Back to index
NewSpace (Astroscale)
(# Cos: 21 | $854M)
Space Hardware (ispace)
(# Cos: 5 | $203M)
Satellites (ElevationSpace)
(# Cos: 3 | $2.7M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$2.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.7M
1
-
3
0
ElevationSpace
(2020, Miyagi, $2.7M)
LeanSat
(2011, Fukuoka)
Japan EO Satellite Ser..
(2015, Minato)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

42. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Restore Vision (2016, Shinjuku)
$2.6M - Seed - Feb 2022
Drugs for Diabetic Retinopathy - Japan
34
42
Back to index
Diabetes (Symax)
(# Cos: 6 | $2.6M)
Drugs (Eli Lilly Japan)
(# Cos: 2 | $2.6M)
Diabetic Retinopathy (Restore Vision)
(# Cos: 1 | $2.6M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$2.6M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$2.6M
1
-
1
0
Restore Vision
(2016, Shinjuku, $2.6M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

43. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Video Hosting - Japan
35
43
Back to index
Enterprise Video (MIL)
(# Cos: 9 | $2.9M)
Video Hosting (Meety)
(# Cos: 1 | $1.7M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$1.7M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.7M
1
-
1
0
Meety
(2019, Minato, $1.7M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Meety (2019, Minato)
$1.7M - Seed - Mar 2022

44. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Online B2B Farm Produce Distributor -
Japan
36
44
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$1.4M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$3.0M
1
-
2
0
Online Grocery (Snaq.me)
(# Cos: 78 | $229M)
B2B Ecommerce (Hachimenroppi)
(# Cos: 11 | $104M)
Farm Produce (Foodison)
(# Cos: 8 | $95.7M)
Multi-Category (Planet Table)
(# Cos: 4 | $14.5M)
E-Distributor (Secai Marche)
(# Cos: 2 | $3.0M)
Secai Marche
(2018, Tokyo, $3.0M)
Seasons
(2016, Shibuya)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Secai Marche (2018, Tokyo)
$1.4M - Seed - May 2021

45. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Internet First Performance Panty Brands
- Japan
37
45
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$1.3M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$1.3M
1
-
1
0
Fashion Tech (FABRIC TOKYO)
(# Cos: 151 | $640M)
B2C Commerce (Locondo)
(# Cos: 134 | $178M)
Apparel (AirCloset)
(# Cos: 45 | $28.5M)
Internet First Brand (Nagi)
(# Cos: 1 | $1.3M)
Nagi
(2020, Tokyo, $1.3M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Nagi (2020, Tokyo)
$1.3M - Series A - Feb 2022

46. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Eye Tracking for VR - Japan
38
46
Back to index
Virtual Reality (Fove)
(# Cos: 1 | $12.0M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$1.0M ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$12.0M
1
-
1
1
Fove
(2014, Tokyo, $12.0M)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Fove (2014, Tokyo)
$1.0M - Series A - Jul 2021

47. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Cryptocurrency Portfolio Management -
Japan
39
47
Back to index
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$913K ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$4.8M
3
-
5
0
Cryptocurrencies (Quoine)
(# Cos: 139 | $240M)
Financial Services (Zaif)
(# Cos: 79 | $226M)
Investment Industry (bitFlyer)
(# Cos: 60 | $94.8M)
Trading Enablers (COMSA)
(# Cos: 8 | $13.8M)
Portfolio Management (Cryptact)
(# Cos: 5 | $4.8M)
Cryptact
(2018, Chiyoda-ku, $3.8M)
Caspian
(2018, Tokyo)
Coinboard
(2017, Shibuya, $937K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Cryptact (2018, Chiyoda-ku)
$913K - Seed - Jun 2021

48. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Distributed Energy Resources
Management Software - Japan
40
48
Back to index
Smart Grid (Informetis)
(# Cos: 11 | $30.6M)
DERs Management (Tensor Energy)
(# Cos: 1 | $606K)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$606K ( -- )
1( -- )
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$606K
1
-
1
0
Tensor Energy
(2021, Chiyoda-ku, $606K)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.
Tensor Energy (2021, Chiyoda-ku)
$606K - Seed - Mar 2022

49. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
Recent Funding Rounds
Adgo (2014, Tokyo)
$394K - Series A - Nov 2021
Social Media Ad Campaign Management
- Japan
41
49
Back to index
AdTech (Adways)
(# Cos: 72 | $66.9M)
Campaign Management Platform (Albert)
(# Cos: 5 | $8.6M)
Social Media (Adgo)
(# Cos: 3 | $8.6M)
Taxonomy
$ Invested in last 1 year in Japan Tech
Key Stats
# Funding Rounds in last 1 year in
Japan Tech
$394K (▼95.2%)
1(▼50%)
Funded Companies
Companies
Acquisitions
Total $ Invested
IPOs
Soonicorn Club
-
$8.6M
1
-
3
1
Adgo
(2014, Tokyo, $8.6M)
Pyxis-Social
(2013, Shinjuku)
Ad Listing
(2012, Chiyoda-ku)
Note: The last node in the Taxonomy represents the Business Model addressed in the title of the slide.

50. Japan Tech - Top Business Models Report Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
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52. Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Japan Tech - Top Business Models Report
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