TSE Cash Markets
Announcement of Companies to be Supported by “TSE Asia Startup Hub”
Tokyo Stock Exchange, Inc. (TSE) announced the launch of the TSE Asia Startup Hub on March 25, 2024.
The TSE Asia Startup Hub aims to create an ecosystem that fosters startup growth, focusing on promising Asian companies with ties to Japan, to support business expansion in Japan and partnerships with Japanese firms. This will in turn support IPOs on TSE as one of the outcomes.
Since the announcement of this initiative, we have received highly positive responses regarding its value from a wide range of stakeholders including securities companies, audit firms, banks, law firms, media organizations, and venture capitalists. With 52 organizations from Japan and overseas signing up as partners and four as observers, we have established a comprehensive support system for Asian companies.
In this context, today we have selected 14 companies, including a so-called unicorn, from six countries/regions (Singapore, Taiwan, Republic of Korea, Malaysia, Indonesia, and Vietnam) as companies to be supported (the “Supported Companies”). These companies belong to promising industries such as drones, healthcare, AI, IoT, SaaS, fintech, inbound tourism, and content provision, and aim to grow their businesses through expanding dealings with Japanese customers.
Going forward, TSE, together with our partners, will provide support tailored to the needs of the Supported Companies, including business and fundraising assistance in Japan as well as IPO support.
Notes:
1. The publication of the Supported Companies does not guarantee or approve any matters including the future listing of the Supported Companies on the TSE market or the products and services provided by the Supported Companies.
2. TSE plans to carry out a periodic review of the Supported Companies annually.
For more information on TSE Asia Startup Hub, please see this webpage.
The Supported Companies
- 21st Financial Technology Co., Ltd.
- Aerodyne Group (Aerodyne Ventures Sdn Bhd)
- Docquity Holdings Pte. Ltd.
- KKday Holdings Co., Ltd.
- NextDrive Holdings KK
- POPS Worldwide, Inc.
- Shipper (PT Shippindo TeknologiLogistik)
- Rainforest Life Pte. Ltd.
- Ridi Corporation
- Sentient.io Pte Ltd.
- SWAT Mobility Pte. Ltd.
- Tricog Health Pte. Ltd.
- Ubitus K.K.
- UnaBiz Holdings Pte. Ltd.
Announcement of Companies to be Supported by “TSE Asia Startup Hub” |
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