[UNERI Co., Ltd.]
Not just VC procurement! A Star Support joint briefing session was held inviting three leading companies in venture debt, a new option for startups aiming for an IPO.
*UNERI Co., Ltd.*
Press release: September 17, 2024
**
Not just VC procurement! A Star Support joint briefing session was held inviting three leading companies in venture debt, a new option for startups aiming for an IPO.
*Held at “STASUPPO” operated by Nagoya City. Making “venture debt” a growth option for startups in the Nagoya area. *
* “UNERI Co., Ltd.”, which develops startup support business from the Nagoya area (Headquarters: Nagoya City, Aichi Prefecture)
Masaki Kawai (Representative Director and CEO) is in charge of planning and operation as the secretariat of STASUPPO, a startup support community operated by Nagoya City. This time, as the 3rd event of Star Support, we are holding a event called “It’s not just about VC procurement! We will hold a joint information session on venture debt, a new option for startups aiming for an IPO. *
At this event, Yoii Co., Ltd., UPSIDER Capital Co., Ltd., Funds Co., Ltd. In the service explanation provided by each company, Startups, Inc., they provide a detailed explanation of the specific mechanisms of “venture debt” and “revenue-based finance (RBF),” including the advantages and disadvantages for startups. There will also be time for questions and answers and interaction. This is an opportunity for participating startups to reconsider the funding method that suits their company.
Event application (free) * [Background of the event] *
In recent years, “venture debt” and “RBF” have been attracting attention as new means of raising funds to support the growth of startups. This method, which began to become widely popular in Japan around 2020, has characteristics different from traditional equity financing and is being presented as a new financing option to the startup ecosystem.
The Nagoya area is home to many startups in areas such as deep tech, agritech, and healthcare that require particularly advanced
technological development and long-term research investment. For this reason, many startups tend to aim for growth from a long-term perspective while emphasizing the speed that best suits their company. Venture debt can be expected to become a new option for aiming for sustainable growth by securing funds for research and development and commercialization while minimizing stock dilution.
Furthermore, venture debt/RBF will serve as a stimulus, and regional financial institutions can be expected to contribute to the
development of the Nagoya region’s startup ecosystem in a way different from traditional financing.
In this event, venture debt/RBF pioneers Funds Startups Co., Ltd., Yoii Co., Ltd., and UPSIDER Co., Ltd.
Three companies from Capital will come together to provide startups and regional financial institutions in the Nagoya area with an opportunity to deeply understand the possibilities of venture debt. We planned this project with the hope that venture debt would become a natural option for startups in the Nagoya area who are facing the issue of “funding from VCs not matching the timeline.”
* [Event Overview] *
This event is not just a briefing session, but also the moderators of the Star Support Secretariat and CEO of UNERI Co., Ltd.
In addition to a Q&A session with Masaki Kawai and the three venture debt/RBF providers, there will be time for questions and answers in small groups and consultation sessions in breakout rooms after the event. Through introductions to the services of each company and actual examples, you can learn practically how venture debt and RBF can contribute to the growth of startups. Additionally, because the number of participants is small, it is an event where it is easy to consult with advanced venture debt companies.
Event application (free)
▼Details
– Date and time: Wednesday, October 16, 2024 18:30-20:00
– Location: Online (ZOOM)
– Participation fee: Free
– Capacity: 20 people
– Participation target:
– Star support registration startup*
– For those working at regional financial institutions*
– Application for participation: Please apply from the dedicated website (Peatix).
URL: https://stasuppo1016.peatix.com
* *Participation in this event is limited to companies registered with Star Support. *
* [Registration target] *
* 1. Head office or base in the four Tokai prefectures (Aichi, Gifu, Mie, Shizuoka), or business in the same area *
* Startup deploying *
* 2. A university-originated startup certified by a university located in four prefectures in the Tokai region *
If you are not registered with Star Support, please complete the registration by following the steps below.
1. Please apply for this event.
2. After you apply, our office will send you a registration form for Star Support.
3. Please register with Star Support (required time: approximately 5 minutes) by the day of the event.
*Please note that if you cannot confirm your registration with Star Support by the day of the event, you will not be able to participate.
* ▼Click here to register for STASUPPO*
* https://stasuppo.com *
* ▼Time schedule*
18:30-18:35 Opening
18:35-18:55 Company/service introduction
18:55-19:15 In-depth venture debt Q&A session
19:15-19:25 Q&A from participants
19:25-19:50 Consultation time in breakout room
* [Guest company] *
*UPSIDER Capital Co., Ltd.*
UPSIDER Capital Co., Ltd. is Japan’s first debt fund for growth stage startups, “UPSIDER BLUE DREAM”.
We operate “Fund”. UPSIDER BLUE DREAM
The Fund uses the AI credit technology cultivated by UPSIDER to quickly provide large loans of up to 1 billion yen to startups aiming for dramatic growth using debt financing. We established a fund totaling 10 billion yen in December last year, and as of the end of August, we have provided a total of 8 billion yen in loans (including plans).
▼Website
https://www.upsidercap.com/
[Presentation]
* Representative Director of UPSIDER Capital Co., Ltd. *
*Mr. Naoki Ishigami*
In 2014, joined Azusa Audit Corporation.
In addition to being in charge of chief audit for multiple listed clients, mainly in the IT industry, he is also actively involved in FAS operations such as IPO support operations and financial DD. In 2019, he joined UPSIDER Co., Ltd. as the third person on the business side, and is involved in a wide range of areas, including building the company’s management system and financial base, product design, customer support, and partner alliance strategy formulation. In 2023, we will launch Japan’s first growth debt fund, UPSIDER BLUE DREAM, a joint venture with Mizuho Financial Group, Inc.
Launch a fund. Also serves as executive officer of UPSIDER Co., Ltd. * Yoii Co., Ltd. *
Yoii is a Fintech company that provides entrepreneurs with a new financing option called Revenue Based Finance (RBF). By using financing methods different from traditional financing methods such as investment (stocks) and loans (borrowing), it is possible to prevent dilution of stock ownership and raise funds without
guarantors/collateral. , companies can expand the range of their capital policies. Our mission is to “increase the liquidity of assets and support the growth of entrepreneurs and companies that take on challenges” and will open up this untapped market.
▼Website
https://yoii.jp/
[Presentation]
* Representative Director and CEO of Yoii Co., Ltd. *
*Mr. Masaharu Uno*
Since 2011, he has been in charge of direct marketing sales and planning positions at Hakuhodo Products. Joined Omise Co., Ltd. (currently Opn) in 2017, Country
As a manager, he is involved in business expansion from business launch. From 2019, BUIDL,
Ltd., in charge of blockchain consulting and financial accounting. 2020 Stake Moved to Technologies and became director and COO. Founded Yoii Co., Ltd. in April 2021 and became CEO.
*Funds Startups Co., Ltd.*
Funds
Startups Co., Ltd. was established in December 2023 as a wholly owned subsidiary of Funds Co., Ltd. with the mission of “providing a system for startups that create social impact to achieve ideal growth.” Currently, Funds
Venture Debt
We operate the fund as the fund’s GP and also provide venture debt support to financial institutions. In the future, based on these businesses, we aim to play the role of an “investment bank
specializing in startups” that promotes the diversification of funding methods for startups and the creation of an environment for growth.
▼Website
https://startups.funds.jp/
[Presentation]
* Representative Director of Funds Startup Co., Ltd. *
* Funds Venture Debt Fund Representative Partner *
*Mr. Hirohiro Maekawa*
Served as an executive officer at a startup in the human resources industry, and was in charge of a wide range of overall management, including business strategy, human resources, and finance. After that, he founded a boutique firm and engaged in business development, PMO, etc. for major companies. Currently, he is in charge of overall corporate affairs as Director and CFO of Funds. In February 2023, the company raised a total of 3.6 billion yen from domestic and
international institutional investors, bringing the total amount raised to approximately 7 billion yen. Then, in December 2023, the Funds
Established Startups and became the company’s representative director and Funds Venture Debt.
Appointed as Fund representative partner. In addition, he has a wide range of knowledge and relationships with startups, having served as the planning director for IVS, the largest startup conference in Japan, and in public affairs for startup policy.
*Overview of STASUPPO*
Star Support is a registered community that startups in the four Tokai prefectures (Aichi, Gifu, Mie, and Shizuoka) can use for consultation on business plans and financing for business expansion.
Startups registered on the community site can consult with startup support organizations such as venture capital and professional firms. In addition, we have registered mentors with various expertise from within and outside the Nagoya area, including venture capital firms with strengths in global expansion, venture debt providers, and people with IPO experience. Through this service, entrepreneurs in the region can receive mentoring from experts who have the knowledge they need. Furthermore, we regularly hold wall-based events that include interaction elements between startups registered in this community, and also disseminate startup support information.
▼Website
https://stasuppo.com
* [Management information] *
▼Sponsored by
Nagoya City Economic Bureau Startup Support Division
TEL: 052-972-3046 / FAX: 052-972-4135
Nagoya startup promotion portal site
https://nagoya-innovation.jp/
▼Management office
・”STASUPPO” management office: UNERI Co., Ltd.
https://uneri.co.jp/
[Inquiries regarding this release]
“STASUPPO” Management Office: UNERI Co., Ltd.
Email: stasuppo@uneri.co.jp
[List of press releases from UNERI Co., Ltd.]