Funded Startups in Japan
Across the 50 most recent Japan rounds shown here, the largest disclosed amount is Sakana AI’s $129M (2025-11-20), which dwarfs the next-largest disclosed…
Across the 50 most recent Japan rounds shown here, the largest disclosed amount is Sakana AI’s $129M (2025-11-20), which dwarfs the next-largest disclosed rounds at $63M (Turing, 2025-11-19) and $28M (Luup, 2025-11-30; FactBase, 2025-11-25; and IVRy at $26M is still far below $63M). The smallest disclosed amount is $330K (Cataris, 2025-10-30), but multiple seed rounds cluster below $1M, including SEEDER at $340K (2025-11-08) and Porty at $540K (2025-11-29).
Most deals concentrate in a tight late-November window: 45 of the 50 rows date from 2025-11-02 to 2025-11-30, with the newest closing on Luup ($28M) at 2025-11-30. City-level concentration is also visible, with Tokyo appearing repeatedly (e.g., Luup, Creator's X, FactBase, Sakana AI, Turing), and a small set of entries outside Tokyo (e.g., Kawasaki, Nagoya, Osaka) rather than a balanced spread. Stage signals are mixed, with “Seed” and late-stage rounds both present, while “Series Unknown” or “undisclosed” amounts recur frequently (Series Unknown: 4 entries; undisclosed amounts: 14 entries).
Most recent rounds
50 shownRelated listings
Frequently asked
What stands out in deal size, and where does the next tier start after the largest disclosed round?
Sakana AI’s $129M on 2025-11-20 is the dominant outlier. The next-largest disclosed rounds are $63M (Turing, 2025-11-19) and $28M (Luup, 2025-11-30; FactBase, 2025-11-25), after which most other disclosed amounts fall into much lower bands (e.g., $21M Antway on 2025-11-24 and $26M IVRy on 2025-11-09).
Do the most recent rounds cluster tightly in time, or are they spread out across the range shown?
They cluster heavily in late November: 45 of 50 rows fall between 2025-11-02 and 2025-11-30. Examples include multiple consecutive days in mid-to-late November (e.g., Series A/B rounds on 2025-11-19 through 2025-11-16), while the oldest shown date is 2025-10-30 (Cataris, $330K).
Is Tokyo over-represented compared to other Japanese cities in this listing?
Tokyo appears repeatedly across the newest entries (e.g., Luup in Tokyo on 2025-11-30, Sakana AI on 2025-11-20, FactBase on 2025-11-25, Turing on 2025-11-19). Outside Tokyo, cities appear in smaller pockets rather than dominating (e.g., Kawasaki—Porty at 2025-11-29; Nagoya—Kimitona at 2025-11-27 and Opt Fit at $3M on 2025-11-16; Osaka—Nexta on 2025-11-27).
How often do disclosures break the pattern (undisclosed amounts and “Series Unknown”), and what does that imply for comparisons?
Undisclosed amounts appear in 14 of the 50 rows (for example, BEFFY on 2025-11-28 and Enerbank Japan on 2025-11-25). Separately, “Venture - Series Unknown” occurs in 4 entries (e.g., Luup on 2025-11-30; CoA Nexus on 2025-10-31; Voicetep on 2025-11-22), which limits stage-based comparisons for those records.
Are there noticeable outliers on the low end, especially among seed rounds?
Yes. The smallest disclosed amount is $330K for Cataris on 2025-10-30, and several seed rounds sit under $1M, including SEEDER at $340K (2025-11-08) and Porty at $540K (2025-11-29). By contrast, some seed entries are much larger (e.g., Kimitona at $10M on 2025-11-27 and Grow Rich English School at $380K on 2025-11-23), creating a wider spread within early-stage disclosed deals.
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