JAFCO Invests $6 Million In Japanese Groupon Clone Luxa

Like everywhere else, the Japanese market is full of Groupon clones. Market share-wise, the “original” Groupon (Groupon Japan) is leading after it acquired one of its local clones earlier this year. It’s followed by Piku, the first Groupon-like service in this country. But Japanese venture capital companies still see room for even more coupon services.… Continue reading JAFCO Invests $6 Million In Japanese Groupon Clone Luxa

Smartphone Ad-optimizer Nobot Fundraises USD1.3M From JAFCO And Nissay Capital

Tokyo-based smartphone ad-optimizer Nobot announced on Friday they had fundraised approximately USD1.3M from Japan’s largest VC firm JAFCO and Nissay Capital[J] who is an investment arm of Japan’s largest life insurance company. Nobot was founded in April 2009, and has introduced a smartphone ad-optimization service called Ad-Maker.   They’re currently distributing 100 million impressions per month,… Continue reading Smartphone Ad-optimizer Nobot Fundraises USD1.3M From JAFCO And Nissay Capital

Japanese Venture Capital Investments Take Nosedive in 2009

Japan’s venture capital industry is in a very difficult situation. That’s, in a nutshell, the result of a recent Nikkei survey. According to the paper, investments from the nation’s top 20 VC firms dropped a whopping 40% in fiscal 2009 to $711 million. Compared to 2007, that’s even 50% less. To be more concrete, the… Continue reading Japanese Venture Capital Investments Take Nosedive in 2009