UntroD Capital Japan Co., Ltd. (President and CEO: Akihiko Nagata, hereinafter "the Company") announces the establishment and first close of UntroD Real Tech Debt Fund (hereinafter "the Fund"), a venture debt fund dedicated to deep tech startups, aimed at supporting capital raising for deep tech startups through lending. Since 2015, the Company has operated the venture capital fund "Real Tech Fund," specialized in the deep tech sector, providing lead investments and hands-on support from seed and early stages to research-driven innovative technology startups contributing to solving global and societal challenges, thereby advancing the social implementation of such technologies. In April 2025, "Real Tech Fund No. 4 Investment Limited Partnership" (hereinafter "RTF4") completed its final close with total commitments of approximately 12.5 billion yen, continuing to support seed and early-stage startups. Additionally, the Cross-Impact Fund (hereinafter "XIF"), established to support high-potential late-stage startups aiming for IPOs with strong impact-driven missions, completed its final close in August 2025 at 5.155 billion yen, focusing on providing long-term capital and supporting sustained growth and enterprise value enhancement post-IPO. Despite this, research-driven startups often face challenges in securing funding due to reliance on equity financing, driven by pre-profit structures at early stages, low revenue predictability during growth phases, and weak governance frameworks. Addressing this issue requires diversifying funding methods, including providing debt financing based on thorough analysis of management risks and appropriate risk-return management for research-driven startups. However, the availability of debt financing for such startups remains limited relative to demand, potentially hindering Japan's overall research and development capabilities. In particular, while Japan's regional universities and national research and development institutions hold