No. Of Japanese Startup Funds Exceeds Last Year In 9 Months

Japan Venture Research Report said [J] that the venture capital funds for start-ups are established 17 from January to September 2011, which is already more than 2010’s 15. The funds investing IT are 8 in 2011(by September), whilst 4 in 2010.
The report tells that in 2011, there have been more small sized funds observed, some of which investments are around 60 million yen (US$767,000), some invests by small unit such like 3 million yen (US$38,400).
via ITMedia

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