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Finance

Japanese startups moving up in weight class, survey finds

AI and internet companies lead way in attracting investors, building value

From left to right: Mercari CEO, Shintaro Yamada, Eliiy Power President Hiroichi Yamada and RakSul CEO Yasukane Matsumoto

TOKYO -- Japanese startups are bulking up rapidly, led by those with a digital angle, as venture capital firms and large companies eagerly invest in up-and-coming businesses with original ideas, a recent survey by The Nikkei shows.

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