UPSIDER BLUE DREAM Fund's Remarkable Loan to Class Inc.
In a significant enhancement of support for Japan's growing circular economy, UPSIDER BLUE DREAM Fund, under the management of UPSIDER Capital, has issued a loan of ¥500 million to Class Inc. This loan marks a noteworthy milestone in the financing landscape for mid to late-stage startups in Japan, seeking to foster sustainable consumption.
Overview of the Fund
UPSIDER BLUE DREAM Fund is Japan's first debt fund tailored specifically for growth-stage startups, driven by a joint venture between UPSIDER and Mizuho Financial Group. UPSIDER Capital, led by CEO Naoki Ishigami, is headquartered in Minato City, Tokyo. The fund aims to swiftly execute significant financing, with the target of providing extensive funding options to startups, promising loans of up to ¥10 billion at an impressive turnaround time of one week. The fund's mission encapsulates the motto of