Japan’s sticker character production Quan to merge with cartoonist agency Wwwaap

Tokyo-based Quan, the Japanese startup producing characters like Betakkuma and Business Fish for messaging stickers, has announced that it will merge with Wwwaap (pronounced ‘warp’), an agency of cartoonists and influencers. The two companies will be merged by January of 2022 to establish a new company called Minto. Quan’s CEO Kazuhiro Mizuno will be appointed […]

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Japan’s Flatt Security nabs $1.8M to help developers fix security issues in codes

Tokyo-based cybersecurity startup Flatt Security announced on Monday that it has secured about 200 million yen (about $1.8 million US) in equity and loans from B Dash Ventures, FinTech Global, and an unnamed business company. For the startup, this follows their $2 million funding back in July of 2019. The latest round brought their total […]

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Mitsubishi Power, El Paso Electric to develop roadmap toward carbon-free energy mix by 2045

Mitsubishi Power, El Paso Electric to develop roadmap toward carbon-free energy mix by 2045

Mitsubishi Power Americas, Inc and El Paso Electric have signed a joint development agreement (JDA) creating a collaboration framework to jointly develop projects that will enable EPE to achieve its clean energy goals. The JDA extends EPE’s commitment to reducing carbon emissions by replacing carbon-intensive assets with a combination of renewables, storage and power generation […]

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University of Tokyo to set up $536m fund for school-born startups

University of Tokyo to set up $536m fund for school-born startups

TOKYO — The University of Tokyo plans to start investing in startups spawned at the institution drawing from a new 60 billion yen ($536 million) fund, Nikkei has learned, as it aims to support the creation of unicorns and help Japan catch up in the global tech race. The fund is expected to become Japan’s largest university-launched […]

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Sony to sell online gaming division to US game company for $1 bil

Sony to sell online gaming division to US game company for $1 bil.

Sony Group Corp. said Tuesday an online gaming division under the wing of its U.S. unit Sony Pictures Entertainment Inc. will be sold to American mobile game company Scopely Inc. for $1 billion. Sony Pictures Entertainment decided to sell GSN Games Inc., known for its free-to-play mobile and online casino games, given that the gaming […]

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