Uhuru, the Japanese startup backed by SoftBank Group Corp., is expected to raise ¥5bn in the lead-up to its listing on London’s junior alternative investment market (AIM) on 23 October. This will give the only Japanese firm on the AIM board an assessment of more than ¥30bn, according to a 30 August story on Deal Street Asia. The startup is appointing Andrew Rose, who recently retired from asset manager Schroders plc, as an outside director at the end of September. Arden Partners plc and SMBC Nikko are advising Uhuru.