The company launched Sekai Lab in March, where Japanese companies can crowdsource their app development tasks at affordable rates from over 300 teams comprising 3,000 crowdsourced engineers from 10 countries. The company will use the funds to boost business expansion through their subsidiary in Singapore, aiming to transact more than $10 million in deals, as well as acquire 100,000 crowdsourced engineers in three years.
Monstar Lab also provides Monstar Channel, an online music distribution service for merchants and consumers.
See the original story in Japanese. On Friday, Japans CyberAgent Ventures held its annual Rising Expo 2014 event which showcased up-and-coming 15 startups to a crowd of local investors and entrepreneurs [1]. Unlike past editions, the investment firm held preliminary events at their regional offices in Seoul, Beijing, and Jakarta prior to the finals where 15 teams, including 5 foreign startups, competed by pitching their product to attendees. Last year smartphone-based livestreaming app TwitCasting won the top prize, and the startup subsequently fundraised $5 million. Among the 15 participating startups this time, Space Market was chosen as the audience favorite. Top prize winner: Space Market (also winning the Recruit Career prize and the Sumitomo Fudosan prize) Space Market lists unused or idle venues and allows users to pick one to rent on demand for business needs such as corporate meetings, shareholder meetings, training courses, and other events. Reservations are made online. 2nd Prize winner: Hachimenroppi (also winning the AGS Consulting prize) Hachimenroppi buys fish from markets and brokers across the country and delivers it to Japanese restaurants or diners, according to specific needs. It was previously outlined in specific details about how it works, so please check it out ….
On Friday, Japans CyberAgent Ventures held its annual Rising Expo 2014 event which showcased up-and-coming 15 startups to a crowd of local investors and entrepreneurs [1].
Unlike past editions, the investment firm held preliminary events at their regional offices in Seoul, Beijing, and Jakarta prior to the finals where 15 teams, including 5 foreign startups, competed by pitching their product to attendees.
Last year smartphone-based livestreaming app TwitCasting won the top prize, and the startup subsequently fundraised $5 million. Among the 15 participating startups this time, Space Market was chosen as the audience favorite.
Top prize winner: Space Market (also winning the Recruit Career prize and the Sumitomo Fudosan prize)
Space Market lists unused or idle venues and allows users to pick one to rent on demand for business needs such as corporate meetings, shareholder meetings, training courses, and other events. Reservations are made online.
2nd Prize winner: Hachimenroppi (also winning the AGS Consulting prize)
Hachimenroppi buys fish from markets and brokers across the country and delivers it to Japanese restaurants or diners, according to specific needs. It was previously outlined in specific details about how it works, so please check it out . They recently fundraised $4.5 million last month following the previous round back in October.
3rd Prize winner: VIP Plaza (from Indonesia)
Co-founded by former Rakuten Indonesia director Tesong Kim and former investment banker Yoga S. Sugiharto. VIP Plaza lists fashion items from international and Indonesian brands at daily discounts of 30% to 80%. They plan to add other categories like men’s fashion, beauty and home products, aiming for expansion into other countries in Southeast Asia.
The Tohmatsu prize winner: Utagoe
Utagoe’s Moment Diary is a free journal app with a calendar, allowing users to make notes with timestamps, adding texts, images, videos, and audio. Since its launch in January 2011, the app has acquired over 5 million unique users with 30 million downloads from 211 countries on iOS and Google Play. Women in Asia region make up the majority of users. The company plans to integrate the app with wearable devices. They fundraised from KLab and KLab Ventures in January.
The SMBC Nikko Securities Prize winner: iCare
ICare provides a cloud-based medical record management platform for occupational physicians called Catchball. It helps physicians better serve patients and share updates with the companies that these patients are working for to improve their working conditions.
The Intelligence Prize winner: Glider Associates
Glider Associates provides news curation app Antenna, which delivers over 600 articles from over 230 news media oulets. Big companies had been allocating promotion budgets for mass media advertising for many years, but the company thinks it can encourage these companies to partially set it aside to run native ad promotions on the news app. They plan to launch an English version for global expansion.
The following startups did not win but gave interesting pitches.
PurpleCow
PurpleCow provides a crowdsourcing service called Crevo specializing in animated videos. The service was launched in March and acquired 100 video production requests in the first two weeks.
iCook (Taiwan)
iCook provides an online recipe sharing service in Taiwan. The startup fundraised from CyberAgent Ventures in October 2012 and subsequently partnered with Rakuten in January 2013.
Bequ.com (China)
Bequ.com is a travel-focused social networking service, allowing users to connect with official tour guides and fellow travelers. It also provides tools to create travel plans and record travel experiences.
Pocket Supernova
Pocket Supernova provides a video clip decoration and sharing app called Unda, which allows users to create 20-second video message clips for private use as well as for sharing with other users. They graduated from 500 Startups. See our previous interview with the Pocket Supernova team.
Oriflamme
Developers of the Oriflamme team previously worked at DeNA where they produced the global hit game Blood Brothers. They want to overwhelm the global market with castle building RTS (real-time strategy) games as well as social games casting popular characters.
Toyro
Toyro provides a comparison platform focused on life insurance and medical insurance products called Insnext, gwhich gives the best answer to consumers using the life expenses simulator. The company fundraised an undisclosed sum of investment from CyberAgent Ventures in November.
Kabuku
Kabuku provides a 3D printing marketplace called Rinkak, where anyone with 3D data can open shops on the platform and sell products based on their designs. The startup fundraised $2 million from CyberAgent Ventures, Fuji Startup Ventures, and Nissay Capital in June.
Japanese beverage company Calpis runs a time-limited promotion campaign using the Rinkak 3D printing platform where a user can win a “miniature statue” with his or her face by uploading their portrait.
Tunedra (Korea)
Tunedra is an iOS app that allows users to create original songs. When singing or humming a tune while launching the app, it will automatically add chords or an accompaniment to the melody and allow the user to share it with others.
Matchmove Global (Indonesia)
Matchmove Global provides an entertainment platform for international brands. As credit cards are not common in Southeast Asia, the company issues pre-paid cards approved by global credit card brands and sells them to consumers at convenience stores or retail stores.
Similar to regular credit cards, their pre-paid cards have unique card numbers so that users can settle online payments at e-commerce or in-game app purchases by entering the numbers.
Disclaimer: The author was one of the selection judges. ↩
See the original article in Japanese. 4meee! (pronounced “for me”) is an e-commerce and curated fashion site for young women. Tokyo-based Rocket Venture, the company behind the service, announced today that it has raised 50 million yen ($500,000) from Japanese investment firm Global Brain as well as Future Investment, the investment arm of Japanese system integrator Future Architect. The team was featured at a recent demo day event of Tokyo-based startup incubator Movida Japan. Since its April launch they have published more than 1,000 articles and surpassed 1 million monthly page views. See also: In conversation with co-founders of Japan’s curated fashion site for young women Their website is optimized for smartphones, where every article is comprised of easy-to-read texts and four images. Articles are written by about 80 curators and published based on the editor’s choice. The articles drive user traffic to other e-commerce sites, where they generate a 15% conversion rate and $1.5 million in two weeks through advertorials.
4meee! (pronounced “for me”) is an e-commerce and curated fashion site for young women. Tokyo-based Rocket Venture, the company behind the service, announced today that it has raised 50 million yen ($500,000) from Japanese investment firm Global Brain as well as Future Investment, the investment arm of Japanese system integrator Future Architect.
The team was featured at a recent demo day event of Tokyo-based startup incubator Movida Japan. Since its April launch they have published more than 1,000 articles and surpassed 1 million monthly page views.
Their website is optimized for smartphones, where every article is comprised of easy-to-read texts and four images. Articles are written by about 80 curators and published based on the editor’s choice. The articles drive user traffic to other e-commerce sites, where they generate a 15% conversion rate and $1.5 million in two weeks through advertorials.
See the original story in Japanese. Japan’s CyberAgent Ventures held its annual Rising Expo 2014 event which showcased up-and-coming 15 startups to a crowd of local investors and entrepreneurs [1]. Tokyo-based Space Market, the startup that operates a venue rental marketplace under the same name, won the top prize at this year’s event. Space Market lists unused or idle venues and allows users to pick one to rent on demand for business needs such as corporate meetings, shareholder meetings, training courses, and other events. Reservations are made online. In addition to the top prize, the company also won two prizes from the event’s sponsors: the Recruit Career prize and the Sumitomo Fudosan prize. We will keep you update with more about who were chosen as finalists at the event. Disclaimer: The author was one of the selection judges. ↩
Japan’s CyberAgent Ventures held its annual Rising Expo 2014 event which showcased up-and-coming 15 startups to a crowd of local investors and entrepreneurs [1]. Tokyo-based Space Market, the startup that operates a venue rental marketplace under the same name, won the top prize at this year’s event.
Space Market lists unused or idle venues and allows users to pick one to rent on demand for business needs such as corporate meetings, shareholder meetings, training courses, and other events. Reservations are made online.
In addition to the top prize, the company also won two prizes from the event’s sponsors: the Recruit Career prize and the Sumitomo Fudosan prize. We will keep you update with more about who were chosen as finalists at the event.
Disclaimer: The author was one of the selection judges. ↩
Tokyo-based SmartNews, the company behind the news curation app under the same name, announced today that it has raised about 3.6 billion yen (about $35.4 million) from several companies. This round was led by Gree and Atomico with participation from Mixi, Globis Capital Partners, former Ziff Davis Publishing president William Lohse, DeNA co-founder Shogo Kawada, and other investors. The company recently invited former Bloomberg tech columnist Rich Jaroslovsky on board as the vice president for content. See also: Smartnews’s media channel subscriptions off to a good start in Japan CNet Japan Startup Award nominees: Mobile news services Gunosy and Smartnews Why Japan’s mobile news startups are scared to disrupt via TechCrunch Japan
Tokyo-based SmartNews, the company behind the news curation app under the same name, announced today that it has raised about 3.6 billion yen (about $35.4 million) from several companies. This round was led by Gree and Atomico with participation from Mixi, Globis Capital Partners, former Ziff Davis Publishing president William Lohse, DeNA co-founder Shogo Kawada, and other investors.
The company recently invited former Bloomberg tech columnist Rich Jaroslovsky on board as the vice president for content.
Tokyo-based Sansan, the company that operates the business card-based CRM solutions, announced today that it has officially launched its premium service for business ‘Sansan’ in Singapore. In terms of their global service expansion, Singapore is the second country after the US where the CRM platform was launched back in late May. Sansan provides a combined solution for business card scanning, data entry, and contact management, so that you can easily share the profiles of your clients with your colleagues. Since the service’s recent launch back in the US, they have received hundreds of inquiries about launching the service in Asian countries, so they launched a beta version in Singapore in July. During the last two months since the launch of the English version, they have successfully acquired over 300 business users from the US and Singaporean markets. Sansan CEO Chika Terada explained about what’s behind about this expansion: Our aim is to provide our premium service for over 100 new clients in three months. […] We plan to expand into other English-speaking countries such as India, Indonesia, the Philippines, Australia, and Hong Kong and more. Sansan was launched back in June 2007, and subsequently started providing the Sansan CRM service…
Tokyo-based Sansan, the company that operates the business card-based CRM solutions, announced today that it has officially launched its premium service for business ‘Sansan’ in Singapore. In terms of their global service expansion, Singapore is the second country after the US where the CRM platform was launched back in late May.
Sansan provides a combined solution for business card scanning, data entry, and contact management, so that you can easily share the profiles of your clients with your colleagues. Since the service’s recent launch back in the US, they have received hundreds of inquiries about launching the service in Asian countries, so they launched a beta version in Singapore in July. During the last two months since the launch of the English version, they have successfully acquired over 300 business users from the US and Singaporean markets.
Sansan CEO Chika Terada explained about what’s behind about this expansion:
Our aim is to provide our premium service for over 100 new clients in three months. […] We plan to expand into other English-speaking countries such as India, Indonesia, the Philippines, Australia, and Hong Kong and more.
Sansan was launched back in June 2007, and subsequently started providing the Sansan CRM service (previously known as Link Knowledge) for companies in Japan in September 2007. While they spent six and half years to acquire 2,000 business users in Japan, they could acquire as many as 300 companies during the last two months in the US and Singapore, so this rapid user growth may indicate that there is an even huger potential for their business outside the Japanese market.
In addition to the premium Sansan service for business, the company has been also providing freemium service Eight for individual users.
Our readers may recall that Sansan fundraised 1.46 billion yen (about $14.6 million) from Nikkei Digital Media, Innovation Network Corporation of Japan (INCJ), Energy & Environment Investment, and GMO Venture Partners back in May. The company recently won an award for their brand new office with a great view from Japanese news company Nikkei and New Office Promotion Association.