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Four Startups STARTUP DB Survey results Domestic startup funding amount ranking (August 2023)

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[STARTUP DB] Survey results Domestic startup funding amount ranking (August 2023)
Four Startups Co., Ltd. (Headquarters: Minato-ku, Tokyo; President and CEO: Yuichiro Shimizu; hereinafter referred to as Four Startups), which promotes growth industry support businesses, continuously conducts research on domestic startup trends and provides support for our services. The survey results are published on STARTUP DB. This time, we would like to announce the “Domestic Startup Funding Amount Ranking (August 2023)” announced in August 2023.
Funding amount ranking announced in August 2023
*As this is based on the procurement announced in August, it also includes funding conducted before July 2023.
[Image: &s3=32589-278-96f54B6111111111111114E1FC2514A3C BD-1666×2500.jpg] The first place went to Clean Energy Connect with 13.48 billion yen. The company is developing solar power plants that do not fall under FIT (Renewable Energy Feed-in Tariff). As a “green power solution,” we offer a one-stop service that covers everything from introduction of a form that meets customer needs to verification of effectiveness. The 13.48 billion yen is the sum of the Series C round of funding and the 12 billion yen debt financing announced in August. SBI Shinsei Bank provided a loan of 9 billion yen as a “loan with limited use of funds to projects that have a clear environmental improvement effect,” and JICA provided a subordinated loan (a loan with a lower priority for repayment). . Clean Energy Connect seems to use the funds raised to accelerate the development of solar power plants.
In second place was PowerX, which raised 6.16 billion yen. The company aims to “explosively popularize renewable energy” and is working on manufacturing large storage batteries and developing electric carriers. The funds raised will be used for research and development as well as the cost of installing manufacturing equipment at a factory in Okayama Prefecture. Masahiro Ito, Representative Executive Officer, President and CEO, commented at the announcement, “We have collected the funds necessary to execute our business plan, and we are finally starting to ship products to customers.”
In third place was Gojo & Company, which provides microfinance services for small and medium-sized businesses in developing countries, with 3.71 billion yen. Through a group of nine companies in five countries, Gojo operates a microfinance business for small and medium-sized businesses in India, Myanmar, Cambodia, and other countries. As of the end of June 2023, the cumulative number of customers is 1.75 million, and the consolidated loan balance has exceeded 100 billion yen.
With this funding, new investors include GLOBIS Capital Partners and SMBC Venture Capital. The company also announced its consolidated financial results for the fiscal year ending March 2023, with financial income of 18.6 billion yen and operating income of 1.76 billion yen, achieving a consolidated profit.
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[Survey overview] Title: “Domestic startup funding amount ranking” ・Survey period: January 1, 2023 to August 31, 2023 (as of September 7, 2023) ・Report article: STARTUP DB (https://
・Research organization (research subject): Four Startups Co., Ltd. (in-house research)
・Investigation target: Information contained in registered copies, press releases, and news information obtained by our service “STARTUP DB”
・Number of valid responses (sample size): 21,000 companies
・Survey method (aggregation method, calculation method): Aggregation of data within the period
*Calculated as a reference value based on the information listed in the registered copy obtained by our company, but our company does not guarantee the accuracy, reliability, or completeness of this information. We are not responsible for any damages incurred based on. About STARTUP DB (Startup Database)
It is one of the largest information platforms in Japan specializing in growing industry areas. In addition to covering financial information and business details of over 21,000 startups and venture companies, you can also view detailed patent information. We also regularly publish analysis results of accumulated data and interview articles that allow you to learn more about startups that are attracting attention. In addition, by linking data with the global venture company database “Crunchbase” and delivering information on Japanese companies to overseas professionals, we are contributing to the development of domestic growth industry markets.
[Overview of Four Startups Co., Ltd.]
Company name: Four Startups Co., Ltd.
Representative: Yuichiro Shimizu, Representative Director and President Established: September 1, 2016
Business content: Growth industry support business
Securities code: 7089 (Listed on the TSE Growth Market)
Location: 36F, Izumi Garden Tower, 1-6-1 Roppongi, Minato-ku, Tokyo
For Startups has a mission of “(Together) to the center of
evolution,” and under the vision of “for Startups,” we provide startup support through collaboration with leading domestic VCs and human resources support, including organizational building for startup companies. We are developing growth industry support business as a hybrid capital that also provides strategic financial support. We are also working to build a startup ecosystem based on an
industry-government-academia co-creation model centered on the information platform “STARTUP DB” specialized in growing industry areas.
For recruitment information, please check our recruitment page.

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