Major public university startups in Japan 2023, by market capitalization
As of February 2023, PeptiDream was the largest university-based startup that had gone public in Japan in terms of current market capitalization. The company had a market capitalization of around 245.3 billion Japanese yen. MIXI followed, with a market cap of 201.6 billion yen. A total of 63 university-developed venture businesses that were still operating had gone public.