Tag - startups

 
 

STARTUPS

The initial public offering for Arm Holdings is set to be the biggest in the United States this year.
BUSINESS / Markets
Aug 22, 2023
SoftBank’s planned IPO for Arm set to be biggest of 2023
Arm didn’t disclose proposed terms for the share sale in the document, but it’s expected to seek a valuation of $60 billion to $70 billion.
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
BUSINESS / Companies
Aug 9, 2023
SoftBank begins making investments again but ‘timidly with fear’
A year of restraint in investments has helped SoftBank regain its financial footing, accumulating a cash pile of almost ¥6 trillion.
Softbank's Vision Fund unit swung to a profit of ¥61 billion in the quarter ended June, compared with a ¥2.33 trillion loss for the same period a year ago.
BUSINESS
Aug 8, 2023
Global tech stock rebound lifts SoftBank Vision Fund into profit
The fund logged a ¥61 billion profit in the quarter ended June — its first in over a year — compared with a ¥2.33 trillion loss a year ago.
BUSINESS / FOCUS
Jul 17, 2023
Japan ramps up support for startups venturing overseas
Private-sector and government initiatives are seeking to equip young companies with the knowledge and contacts to be successful outside Japan.
BUSINESS
Jul 12, 2023
Japan’s bid to nurture startups lags global rivals on tax breaks
Struggling with a far lower business entry rate than the U.S. or Europe, Prime Minister Fumio Kishida’s government in 2022 launched a five-year plan to encourage new ventures.
Japan Times
BUSINESS / Markets
Jun 22, 2023
Japanese startups are catching up to broader market rally
An upcoming rush of initial public offerings has lifted sentiment toward startups, with more than 10 new stocks expected to start trading in Tokyo between now and the end of June.
Japan Times
BUSINESS
Jun 21, 2023
SoftBank’s Son goes back on offense to cement his tech legacy
The billionaire is ending years of relative dormancy after his Vision Fund, the world’s largest pool of tech capital, racked up billions of dollars of losses.
Japan Times
BUSINESS / Economy
Jun 19, 2023
Interest in Japan spilling into its startups, VC investor says
Fears of sudden tech crackdowns in China have prompted investors to re-evaluate Tokyo’s slower pace of change.
Japan Times
BUSINESS / Companies
May 29, 2023
Japan startup raises ¥4 billion to build space robot workforce
The comapny's CEO believes it’s too risky and impractical for humans to assemble and inspect machinery in space, while equipment now used is far too expensive.
Japan Times
BUSINESS
May 24, 2023
Goldman backs Japan’s biggest taxi app at $1 billion valuation
Goldman began investing in global startups from a dedicated vehicle in 2022, and Go marks its biggest outlay in Japan under that initiative.
Japan Times
BUSINESS / Companies
May 11, 2023
SoftBank Vision Fund loses ¥4.3 trillion on weak startup values
Many of the privately held companies that SoftBank’s invested in are not yet profitable, while the IPO market remains lackluster.
Japan Times
JAPAN
May 1, 2023
Alibaba founder Jack Ma joins University of Tokyo as professor
As a visiting professor, he will provide advice on research topics and conduct research, especially in sustainable agriculture, as well as give seminars about entrepreneurship.
Japan Times
BUSINESS / FOCUS
Apr 30, 2023
Small reactor startups vie to push U.S. into new nuclear era
The future of the industry will likely rely on small modular reactors — or SMRs — similar to the ones currently powering submarines.
Japan Times
BUSINESS
Apr 26, 2023
Betting on bacteria to fix the cement industry’s emissions problem
Denmark’s concrete manufacturing giant IBF and U.S.-based startup Biomason are creating a new kind of cement mix that requires less energy to make.
Japan Times
JAPAN / Science & Health
Apr 26, 2023
Japanese startup fails in historic bid to put private lunar lander on moon
The firm, Ispace, is believed to have fallen short of making the world’s first private lunar landing after miscalculating the distance to the surface and running out of fuel.
Japan Times
BUSINESS / Economy
Apr 25, 2023
Bankers chase startups in Japan as funding dries up elsewhere
Lenders including Sumitomo Mitsui Banking and Mizuho Bank are planning to increase the staff they allocate to startup businesses.
Japan Times
BUSINESS / Tech
Apr 15, 2023
Elon Musk plans AI startup to rival OpenAI, report says
Musk is reportedly assembling a team of AI researchers and engineers, and is also in discussions with some investors about putting money into his new venture.

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan