Financial Times FT.com

Venture capital: Start-ups forced abroad for financing

By Michiyo Nakamoto in Tokyo

Published: December 9 2009 16:44 | Last updated: December 9 2009 16:44

As with many start-ups the world over, MyGengo, which offers online translation services, began life with seed capital from family and friends.

But as the founders of the one-year-old company, which is based in Tokyo, contemplate raising further funds, they are looking to investors on the US west coast rather than in Japan.

You have viewed your allowance of free articles. If you wish to view more, click the button below.

Read this