[PRF: Puzzle Ring Factory] “Overseas Expansion Community” launched with participation of 37 startups and 7 VC companies
*PRF : Puzzle Ring Factory*
Press release: September 17, 2024
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“Overseas Expansion Community” launched with participation of 37 startups and 7 VC companies
*The current situation and challenges of startup companies aiming to expand overseas revealed through a survey*
* September 12, 2024 – Puzzle Ring provides hands-on consulting to support overseas expansion for startups
Factory (official name: Chie no Wa Kobo Co., Ltd. / Head office location: Meguro-ku, Tokyo CEO
Takayuki Nakajima) is pleased to announce the full-scale launch of the “Overseas Expansion Community,” which aims to support Japanese startups to succeed in the global market. *
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This community includes 37 startups (with a total market
capitalization of over 700 billion yen) that are promoting overseas expansion in collaboration with the Startup Ecosystem Association and seven venture capital (VC) companies that are active in supporting overseas expansion. In order to increase this market capitalization tenfold, we will promote the sharing of knowledge and experience toward overseas expansion. *
* Community purpose and significance *
The “Overseas Expansion Community” builds a network that goes beyond the framework of startups and VCs, and by sharing success stories and lessons learned from failures in overseas expansion, Japanese startups can increase the probability of success in overseas markets and later The aim is to increase the number of companies that continue. For many start-up companies, the possibility of overseas expansion has been hindered by the difficulty of securing specialized human resources with knowledge of overseas expansion or paying high fees for consulting services.
In this community, the management of each startup will communicate openly with each other and share knowledge and experience, thereby reducing the risk and time of each company failing at similar challenges and maximizing the chances of success. .
For more information about the community, please visit