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Business deals

Japan venture capital market to stay hot in age of AI

Startup backer Jafco seeks fewer, deeper partnerships to compete

Startup financing is booming in Japan, though the scale pales in comparison to the U.S.   © Reuters

TOKYO -- Japan has a reputation as a difficult place for entrepreneurs to drum up money, yet startups have been striking big fundraising deals in recent years. As a major venture capital player, Jafco is in the thick of the action. 

The Nikkei spoke with Shinichi Fuki, Jafco's president and CEO, about the state of the country's startup game and his own company's investment strategy.

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