With yesterday’s announcement of Mistral AI’s acquisition of Emmi AI, the French decacorn’s second acquisition in three months, I am reminded of the unspoken, structural inertia holding back Japan’s venture ecosystem. Walk through the sleek tech hubs of Toranomon Hills or listen to the conference...
Today’s Shizen Capital founder workshop covered an important topic: Startup M&A. Sam Inohara, Registered Foreign Lawyer, State Bar of California, led an introductory session on the basics of mergers and acquisitions for startups, the contrast between IPO and M&A exits, and how Japan’s...
Last week Ecovadis announced its acquisition of Ulula, a human rights analytics platform. Ecovadis is an admirable company, one of France’s pioneering startups in sustainability analytics solutions, and now rapidly emerging as the gold standard for business ESG ratings. Ecovadis is also one of...
One key component of our investment thesis at Shizen Capital is our view on exit opportunities for early-stage startups in Japan. We believe that Japan has now reached an inflection point, and that corporate M&A for Japanese startups is poised to go intergalactic. Historically, an IPO has been...