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Record investment in Japanese startups

Participants visit company booths at the Pioneers Asia startup event in Tokyo in March.

TOKYO -- Japanese investment in startup companies is surging, driven by interest in a number of powerful new technological trends.

In the first six months of 2016, unlisted startups in the country raised a record 92.8 billion yen ($897 million) of capital, up 21% from the same period the previous year.

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