Dealroom – Japan Tech Update, Q3 2024

In Q3 2024, Japanese startups secured $1.1 billion in venture capital through 253 funding rounds, representing an increase in venture capital investment compared to previous years. The number of funding rounds over $2 million has also reached a record high, with 78 rounds being raised by Japanese startups in Q3 2024. Despite a drop in early-stage VC post-2022, the early-stage investment landscape in Japan remains stable. Late-stage investment is showing signs of recovery after a slow start to the year. Moreover, Enterprise Software is the most funded sector in Japan in 2024. Overall, the Japanese tech ecosystem is experiencing significant growth and activity, surpassing pre-2021 levels in terms of venture capital investment and the number of funding rounds.