AAA April 2016 – Page 2

BitFlyer glides to $27m series C

Japan-based cryptocurrency exchange platform BitFlyer has raised ¥3bn ($27m) in a series C round backed by SBI Investment, the corporate venturing arm of financial services firm SBI Group, according to Nikkei. Venture Labo Investment and undisclosed addtional investors also took part in the round, which increased BitFlyer’s funding to $34.9m to date. Founded in 2014,… Continue reading BitFlyer glides to $27m series C

Yahoo Japan to co-rule Code Republic

YJ Capital, the corporate venturing arm of Japan-based internet company Yahoo Japan, and venture capital firm East Ventures have created a new accelerator named Code Republic, Tech in Asia reported on Monday. The accelerator will be based in Tokyo, and was conceived by Ryu Hirayama, managing director of YJ Capital, and Batara Eto, co-founder of… Continue reading Yahoo Japan to co-rule Code Republic