Japan private equity firm to give startups exit strategies beyond IPOs

Coalis Capital to raise $130m from Sumitomo, Mizuho Bank

20251009N mizuho coalis montage

Coalis Capital is the first Japanese private equity firm specializing in startups. (Nikkei montage/Source photos by Nikkei)

MASAYUKI SHIKATA

TOKYO -- Coalis Capital, a Japanese private equity firm specializing in buying and selling startups, looks to raise up to 20 billion yen ($131 million) from Sumitomo Corp., Mizuho Bank and others to help young companies find an exit strategy other than initial public offerings.

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