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Sequoia Capital seeks to hit jackpot in Japan's digital shake-up

Silicon Valley venture capital firm targets high-tech gems with values up to $1.3bn

TOKYO -- Sequoia Capital will bring its hefty checkbook to Japan, looking for promising tech startups in a country undergoing digital transformation as China increasingly loses its appeal, Nikkei has learned.

The American firm will look for startups that deliver high-end technologies to corporate customers and have valuations of 30 billion yen to 150 billion yen ($279 million to $1.3 billion).

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