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The Full List of 15 Unicorn Startups in Japan (2026)

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Japan is home to 15 unicorn startups, with a strong presence in industries like AI, mobility, and media. The ecosystem shows a mix of established players and new entrants. The list is led by battery manufacturer AESC with a $10B valuation. It also features newcomers like Sakana AI, which reached a $2B valuation just a year after its founding in 2023.

Below is the full list of 15 Japan unicorn startups at this time.

Top 10 Most Valuable Japan Unicorns

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AESC develops and manufactures high-performance lithium-ion batteries designed specifically for electric vehicles. Their technology also powers large-scale energy storage systems, helping to create more stable and sustainable power grids.

Valuation$10B
HeadquartersSagamihara, Kanagawa, Japan
Year Founded2007
Founders
Funding Amount$1.4B
Company SizeEnterprise Organization (5,001+)
Last Funding StatusCorporate Round
Top InvestorsSumitomo Mitsui Banking Corporation, National Wealth Fund, European Commission, Nissan Motor

Kakao Japan operates Piccoma, a leading digital manga and webtoon platform, and manages the popular messaging app KakaoTalk for the Japanese market. They are known for creating mobile-first experiences that combine social communication with a vast library of digital entertainment.

Valuation$7B
HeadquartersTokyo, Tokyo, Japan
Year Founded2011
Founders
Funding Amount$651.6M
Company SizeLean Team (11-50)
Last Funding StatusPrivate Equity
Top InvestorsKakao Corp, Podotree, Anchor Equity Partners, Yahoo! Japan

As part of the Rakuten Group, Rakuten Securities has built one of Japan's leading online brokerage platforms. Their service allows individual investors to trade a wide range of assets, including stocks, foreign exchange, and investment trusts.

Valuation$3B
HeadquartersTokyo, Tokyo, Japan
Year Founded1999
Founders
Funding Amount¥80B
Company SizeLarge Team (251-1,000)
Last Funding Status
Top InvestorsMizuho Financial Group

Sakana AI builds foundation models based on nature-inspired intelligence, such as the collective behavior of a school of fish. Their research lab is creating generative AI that can produce text, images, and code using evolutionary principles.

Valuation$2B (Joined June 2024)
HeadquartersTokyo, Tokyo, Japan
Year Founded2023
FoundersDavid Ha, Llion Jones, Ren Ito
Funding Amount$100M
Company SizeLean Team (11-50)
Last Funding StatusSeries A
Top Investors500 Global, NVIDIA, Basis Set Ventures, Lux Capital, Khosla Ventures

SmartNews offers a news discovery app that uses AI to find and organize stories from a wide array of publishers. The platform is designed to help users find quality journalism and break free from personalized filter bubbles.

Valuation$2B (Joined August 2019)
HeadquartersTokyo, Tokyo, Japan
Year Founded2012
FoundersKaisei Hamamoto, Ken Suzuki
Funding Amount$410.3M
Company SizeLarge Team (251-1,000)
Last Funding StatusSeries F
Top InvestorsSMBC Venture Capital, Dentsu, JIC Venture Growth Investments, Globis Capital Partners, Atomico

HashKey Group builds a full suite of financial services for the digital asset industry. They provide institutional and accredited investors with everything from a licensed exchange to venture capital and asset management.

Valuation$2B
HeadquartersTokyo, Tokyo, Japan
Year Founded2018
Founders
Funding Amount$130M
Company SizeMid-Size Team (51-250)
Last Funding StatusVenture Round
Top InvestorsGaorong Capital, OKX Ventures

Preferred Networks develops real-world applications for deep learning and robotics. They are known for applying their advanced AI solutions to solve complex challenges in sectors like biotechnology and industrial automation.

Valuation$2B (Joined May 2018)
HeadquartersOtemachi, Tokyo, Japan
Year Founded2014
FoundersDaisuke Okanohara, Morikawa Hiroyuki, Nishitoba Jiro, Toru Nishikawa
Funding Amount¥44.6B
Company SizeLarge Team (251-1,000)
Last Funding StatusCorporate Round
Top InvestorsMizuho Bank, MUFG Bank, Toyota Motor, Mitsubishi Corporation, Sumitomo Mitsui Banking Corporation

SmartHR develops a cloud-native human resources platform that has become the top choice for businesses in Japan. The software automates critical administrative work, from labor management to employee benefits, freeing up HR teams to focus on more productive tasks.

Valuation$2B (Joined June 2021)
HeadquartersTokyo, Tokyo, Japan
Year Founded2013
FoundersKensuke Naito, Shoji Miyata
Funding Amount¥42.6B
Company SizeMajor Organization (1,001-5,000)
Last Funding StatusSeries E
Top InvestorsLight Street Capital, Kohlberg Kravis Roberts Japan, East Ventures, World Innovation Lab, Coral Capital

JOLED manufactures high-performance OLED displays for specialized applications like medical and automotive systems. They pioneered a unique printing method for producing these screens, which represents a major innovation in the display manufacturing process.

Valuation$2B
HeadquartersTokyo, Tokyo, Japan
Year Founded2015
FoundersIshibashi Tadashi
Funding Amount¥92.5B
Company SizeLarge Team (251-1,000)
Last Funding StatusCorporate Round
Top InvestorsSony, Denso, Toyota Tsusho, Sumitomo Chemical, Panasonic

Spiber produces a novel material called Brewed Protein using a proprietary microbial fermentation technology. Derived entirely from plant-based sugars, this bio-manufactured protein provides a sustainable alternative to conventional animal-based and synthetic materials.

Valuation$1.22B (Joined September 2021)
HeadquartersTsuruoka, Yamagata, Japan
Year Founded2007
FoundersKazuhide Sekiyama, Sugahara Junichi
Funding Amount$976.1M
Company SizeLarge Team (251-1,000)
Last Funding StatusPrivate Equity
Top InvestorsJAFCO, Baillie Gifford, Fidelity International, MUFG Bank, The Carlyle Group

The Remaining 5 Unicorns Founded in Japan

Beyond the top ten, a diverse group of companies is also shaping Japan's startup landscape. They are tackling everything from gaming and crypto to manufacturing and clean energy.

While some are newer to the scene, others have been building for decades. Here’s a look at the rest of the unicorn startups shaping Japan.

Unicorn StartupMain IndustryYear FoundedAmount RaisedValuation
Opn logo OpnCrypto2013$260.4M$1B
Playco logo PlaycoGaming2020$143.5M$1B
GO logo GOMobility1977¥14B$1B
TBM logo TBMManufacturing2011¥22.6B$1B
Clean Planet logo Clean PlanetEnvironment2012¥2B$1B

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