New fund

Osaka Regional Revitalization Fund backs drone-show startup White Crow

What's the deal? The Osaka Regional Revitalization Fund, managed by Osaka Shinkin BankDealroom has a profile for this one. Try Dealroom →, has made its third investment, backing White CrowDealroom has a profile for this one. Try Dealroom →, a drone-show startup led by chief executive officer Aya Horiuchi. The investment closed on September 25, 2026.

About the recipient: Founded on June 14, 2024, White Crow plans, produces, and operates drone shows, and also sells drone-related hardware and organises local events. The company handles planning, staging, permits, safety management, and operations in-house, working with local governments, theme parks, tourism events, and corporate promotions.

What's the endgame? White Crow uses its own drones to turn a region's history, culture, and the organiser's intent into night-sky displays. The aim is to boost local tourism, draw visitors, and support regional revitalisation.

About the fund: Osaka Shinkin Bank set up the venture capital fund on April 1, 2025, with ABAKAMDealroom has a profile for this one. Try Dealroom →, led by chief executive officer Naoto Matsumoto. The two firms and Osaka Prefecture have signed a three-way partnership agreement to promote use of the fund.

Why now? The fund was created to find founders, second-generation entrepreneurs, and operators working on regional revitalisation across Osaka Prefecture, then strengthen their capital and management. It coordinates with Osaka Prefecture, the Osaka Business Development AgencyDealroom has a profile for this one. Try Dealroom →, and Japan Finance CorporationDealroom has a profile for this one. Try Dealroom → to back the growth of local businesses.

The signal: The deal shows banks and public bodies teaming up to channel capital into small, locally rooted startups — pairing financial backing with government ties to anchor economic activity in a single region.

Read more: prtimes.jp

Image credit: Generated with Gemini

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