japanese government

  • 500 Startups closes $35M Japan fund with the backing of the Japanese government

    500 Startups closes $35M Japan fund with the backing of the Japanese government

    500 Startups has announced the close of its fund for Japan, more than 18 months after it was first unveiled. The effort is backed by the Japanese government, which has chipped in as an LP via its Cool Japan Fund. (Yes, that really is the name of the fund, which is aiming to use about $1 billion in public money over its lifecycle.) Initially U.S.-based 500 Startups targeted a $30 million close… Read More

  • America helps Japan in the distribution of electric car stations

    Palo Alto-based Better Place, a company that builds electric-vehicle networks and is led by famous entrepreneur Shai Agassi, announced it will help the Japanese government in a pilot project to encourage the use of green cars in the country. Better Place will build battery exchange stations in Nippon so that drivers of electric vehicles can change drained batteries to charged ones quickly… Read More