Navigating US-Japan Startup Fundraising with Preferred Stock: Contractual Differences and Success Stories from Practitioners

Firm Event | July.24.2026 | 12:00pm - 1:15pm (Tokyo Standard Time)

Orrick Tokyo Office

日本語: 日米の優先株式による資金調達:契約の違いと実践者が語る成功の秘訣

As startups increasingly look beyond their domestic markets for growth opportunities, cross-border fundraising between the US and Japan has become more common — but navigating the differences in investment structures, preferred stock terms, and transaction practices can present unique challenges.

This event will cover the following program and key topics. The panel discussion will feature founders who have successfully navigated their cross-border fundraising journeys, offering firsthand perspectives, experiences, and practical tips. This is an excellent opportunity not only for entrepreneurs but also for investors to hear the unfiltered perspectives.

*This event is hybrid; you can participate either in-person (limited seats on a first come first-served basis) or virtually (connection details to be presented upon registration).

Date & Time: July 24, 12:00 pm – 1:15 pm (Japan time) *Lunch provided; followed by networking

Program

Part 1: Key Contractual Differences

Hiroki Sugita, Partner, Orrick Tokyo Office
A comprehensive overview of the key contractual differences in preferred stock fundraising between US and Japanese startups.

  • Critical differences in preferred stock terms between the US and Japan
  • Key considerations for cross-border fundraising
  • Practical points and common pitfalls

Part 2: Panel Discussion
Real Experiences and Tips from Founders Who Successfully Raised Capital from US and Japanese Investors
Panelists:

  • Linmic, CEO, Tokenz Inc.
    Successfully raised capital from US and Japanese investors as a Japanese corporation
  • Yuta Endo, CEO, Voxela Inc.
    Achieved cross-border fundraising success as a Delaware corporation

Moderator:

Our panelists will candidly share the challenges they faced during their fundraising processes, their solutions, and the lessons they learned. This is an excellent opportunity not only for entrepreneurs but also for investors to hear the unfiltered perspectives and real circumstances from the company side.

Q&A Session
Networking *In-person attendees only

Language: English
Fee: Free of charge
Registration: register by July 22

Participation from competitors is discouraged.