Changing 'Common Sense' of Fundraising? Aftermath of Listing Standard Changes? 'Kansai Startup Report Vol. 26' to be Published End of April

NPO Seitaikai will publish 'Kansai Startup Report Vol. 26' at the end of April 2026, analyzing the current state of fundraising for Kansai startups, which has become more difficult. It covers the impact of listing standard changes, investor perspectives, and introduces notable companies, comprehensively covering the Kansai startup ecosystem.
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  • 📰 Published: April 30, 2026 at 18:20
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NPO Seitaikai (Location: Kita-ku, Osaka; Chairman: Allen Miner) will publish 'Kansai Startup Report Vol. 26', specializing in Kansai startups, at the end of April 2026.

As Seitaikai receives daily inquiries and consultations from startups, many voices indicate that "fundraising from VCs has become difficult." What exactly is behind this trend?

This report, themed "Fundraising in a Changing Environment," examines the reasons for the increasing difficulty in fundraising that many entrepreneurs currently face, from Seitaikai's unique perspective. It also analyzes how the review of the Growth Market listing maintenance standards, implemented in September 2025, has impacted growth scenarios and investment decisions. Furthermore, it includes interviews with Mr. Naoto Matsumoto, Representative Director of ABAKAM Inc., and Mr. Toshiyuki Yamamoto, CEO of Power Angels and Representative Director of the Japan Angel Investor Association. Their insights detail the current state of the investment environment from an investor's perspective and the strategies startups should adopt going forward.

In addition, three notable startups are introduced. The report also features comprehensive content such as the fundraising status of Kansai startups, IPOs and M&As, a list of acceleration programs, and a list of 500 Kansai startups, all continuously monitored by Seitaikai.

Subscribing to the Kansai Startup Report allows you to view and download the following ① to ③ in electronic format:

① Kansai Startup Report Vol. 25 (updated every 3 months)

[Table of Contents]

Greeting from the Publisher: Mr. Hidetoshi Kawakami

Seitaikai Supporting Member, Certified Public Accountant

Accounting Consultant, WARC Inc.

Chapter 1.

1. Changing Fundraising Landscape. What is happening right now?

2. Fundraising Situation in Kansai

3. Is the 'Common Sense' of Fundraising Changing?

4. Ask the Key Persons!

① Institutional Investor: Mr. Naoto Matsumoto, Representative Director of ABAKAM Inc.

② Angel Investor: Mr. Toshiyuki Yamamoto, CEO of Power Angels, Representative Director of Japan Angel Investor Association

Chapter 2. Fundraising, EXIT, and New Fund Status

Chapter 3. List of Acceleration Programs

Analyzing Kansai startup fundraising trends, funding amounts, VC information, M&As, and IPOs through continuous observation.

② Featured Startups (updated monthly): Introducing startups headquartered in Kansai and established within 5 years

We always meet and interview startups.

Each month, we introduce rapidly growing startups headquartered in Kansai and established within 5 years.

In April, we interviewed Arktus Therapeutics Inc., Data Center Xpert Inc., and SkinNotes (in no particular order). These three companies are developing unique businesses and are expected to grow in the future. This report provides detailed introductions to each company's business overview, strengths, and characteristics.

③ 500 Company List (updated monthly): A list showing the businesses and overviews of Kansai startups

This is a list of approximately 500 promising companies headquartered in Kansai and established within 5 years. Each month, our staff diligently researches and updates this unique data.

Listing and updating changing startup information monthly

Covering all Kansai startups

The Kansai Startup Report is Seitaikai's unique report, published four times a year since January 2020. Based on daily diligent interviews, it delivers the latest information on the Kansai entrepreneurial ecosystem from Seitaikai's perspective. With quantitative data and qualitative research results, it provides comprehensive content that captures the current state and overall picture of Kansai startups from multiple angles. The appendix includes unique data on approximately 500 highly motivated companies established within 5 years. It is recommended for those interested in startups and those who want to experience the entrepreneurial spirit of Kansai.

The following types of individuals subscribe:

・Companies/Investors: Those who wish to engage with growing startups through partnerships or investments.

・Supporters: Professionals and government agencies looking for startup support recipients.

・Researchers: Universities and think tanks seeking the latest information on the Kansai entrepreneurial ecosystem.

How to Subscribe

The report is for corporate (annual subscription) and can be viewed/downloaded electronically.

Click here for details → https://www.seitaikai.com/post/kansaistartupreport

*Online briefings are also available, please feel free to inquire.

As a subscriber benefit, you will be invited to exclusive events. Companies with a community plan will be invited to matching events with high-growth startups. You can also participate in closed meetings, such as information exchange with directors.