AIM Startup Targets ¥5bn

UK-Japan News September 2019

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.