“Entrepreneurship education teaches students to have a growth mindset, no matter their differences in world view, by encouraging the idea that skills and intelligence are improved through time and effort, rather than being fixed.” The government plans to bolster efforts encouraging elementary, junior high, and high schools to include entrepreneurship…

African start-ups attracted a record USD 5.2 billion. Venture capital, last year, bounced back from a pandemic-included dip in 2020 with a nearly five-fold increase in investments according to data released by an industry group on Tuesday The success of companies like Nigeria’s Pay-stack acquired in 2020 by USA payments…

The Japanese government will draw up a five-year plan by the end of this year to support startups and eyes increasing investments for their promotion by 10 times as part of its innovation drive, a draft growth strategy by a Cabinet task force showed Tuesday. The task force discussing how…

JAPAN’S government aims to lift a requirement for entrepreneurs to pledge personal assets as security when raising initial funding for startups, the Nikkei newspaper reported: Nikkei The draft plan is part of Prime Minister Fumio Kishida’s so-called new form of capitalism concept, the Nikkei reported, without saying where it got…

Digital payment processor Opn, which was formerly known as Synqa, has raised USD 120 million in a Series C+ funding round, earning itself a unicorn status. Investors who participated in the funding round include government-backed JIC Venture Growth Investments, Mitsubishi UFG Financial Group, and tech investors Mars Growth Capital which…

A start-up in Tsukuba, Ibaraki Prefecture, has launched a new funeral business: space burial. In early April, Space NTK Co. successfully sent into space some of the cremated remains of 10 people and pets mounted on a rocket of the US space company SpaceX. The remains were stored in a…

L’Oréal’s corporate venture capital fund BOLD (Business Opportunities for L’Oréal Development) announces a minority investment in Japanese beauty startup SPARTY, Inc. This investment in SPARTY marks the first venture capital investment by L’Oréal in Japan. Based in Tokyo, SPARTY has successfully created a D2C business model grounded in personalized beauty…

U.S.- based Arch Venture Partners has launched a USD3 bn venture capital fund specializing in medical technologies, one of the world’s largest of its kind, with Japanese startups among its potential targets. The new fund will add about 40 companies to its portfolio over three to four years, Arch co-founder…

Toyota Group plans to invest 48 billion rupees (USD 624 Million) to make electric vehicle components in India, as the Japanese automaker works toward carbon neutrality by 2050. Toyota Kirloskar Motor and Toyota Kirloskar Auto Parts signed an MoU with the southern state of Karnataka to invest 41 billion rupees…