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Unicorn List
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The 5 Best Unicorn Startups in Tokyo

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In terms of entrepreneurship and business, Tokyo has evolved into one of the top emerging cities in the world.

Hundreds of startup companies have been founded there, many of which are enjoying incredible success.

This has resulted in 5 companies reaching unicorn status (being valued at $1 billion or more).

The 5 Unicorns in Tokyo

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Preferred Networks

Preferred Networks

Preferred Networks specializes in building AI-led solutions that automate and optimize your business processes. They build real-world solutions that solve complex industry problems with cutting-edge technologies including deep learning, robotics and advanced analytics.

Details of the startup:

  • Valuation:

    $2.00

    B (

    May 2018

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2014

  • Founders:

    Daisuke Okanohara, Morikawa Hiroyuki, Nishitoba Jiro, Toru Nishikawa

  • Industries:

    Artificial Intelligence, Biotechnology, Internet of Things, Machine Learning, Robotics, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $152.19M

  • Number of funding rounds:

    7

  • Number of investors:

    11

here

SmartNews

SmartNews

SmartNews is an app that brings curated news from trustworthy sources to your iPhone, iPad, and Apple Watch.

Details of the startup:

  • Valuation:

    $2.00

    B (

    August 2019

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2012

  • Founders:

    Kaisei Hamamoto, Ken Suzuki

  • Industries:

    Apps, Journalism, Media and Entertainment, Mobile, News

  • Number of employees:

    100-250

  • Funding Amount:

    $409.60M

  • Number of funding rounds:

    6

  • Number of investors:

    21

here

SmartHR

SmartHR

Japan-based HR SaaS company that provides cloud-sourced personnel management software for businesses.

Details of the startup:

  • Valuation:

    $1.60

    B (

    June 2021

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2013

  • Founders:

    Kensuke Naito, Shoji Miyata

  • Industries:

    Cloud Computing, Enterprise Software, Human Resources, SaaS, Software

  • Number of employees:

    250-500

  • Funding Amount:

    $222.34M

  • Number of funding rounds:

    7

  • Number of investors:

    19

here

Liquid

Liquid

LiquidGlobal develops high-end software and hardware solutions to bring liquidity and efficiency to the cryptocurrency economy.

Details of the startup:

  • Valuation:

    $1.00

    B (

    April 2019

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2014

  • Founders:

    Mario Gomez Lozada, Mike Kayamori, Tanaka Masaaki

  • Industries:

    Bitcoin, Cryptocurrency, Financial Services, FinTech, Information Services, Information Technology, IT Management

  • Number of employees:

    100-250

  • Funding Amount:

    $158.00M

  • Number of funding rounds:

    6

  • Number of investors:

    9

here

Playco

Playco

Playco builds cross-platform, free-to-play titles for gamers around the world. Their games run on desktops, iOS devices, and across the web.

Details of the startup:

  • Valuation:

    $1.00

    B (

    September 2020

    )

  • Country:

    Japan

  • City:

    Tokyo

  • Started in:

    2020

  • Founders:

    Justin Waldron, Michael Carter, Takeshi Otsuka, Teddy Cross

  • Industries:

    Gamification, Gaming, Online Games, Video Streaming

  • Number of employees:

    50-100

  • Funding Amount:

    $100.00M

  • Number of funding rounds:

    7

  • Number of investors:

    17

here
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