Code Republic, the Japan-based accelerator formed by internet company Yahoo Japan’s investment arm, YJ Capital, and venture capital firm East Ventures, has held a demo day for two batches.
Formed in 2016, Code Republic operates a four-month programme that helps entrepreneurs identify product-market fit for their innovative projects and eventually raise series A funding. It provides an initial ¥7m ($66,000) per company and hosts weekly pitch events for proof-of-concept trials with mentors and venture capitalists.
The accelerator’s sixth and seventh cohorts contained a total of four startups which showcased their products and technologies to the 63 investors in attendance.
The companies in question were fertility treatment developer Sutelura, exam preparation service Hustar, smart shopping app operator Wilico and Cookpy, which helps restaurants digitise their operations through cloud software platforms Cookpy Cloud Kitchen and Cookpy Order.
Code Republic is accepting applicants for its eighth group until September this year. The next cohort will participate in the initiative from October to February 2021.
