Series C total reaches ¥2.71 billion

Following a ¥1.97 billion raise with SMBC Venture Capital Co., Ltd. (President: Yuji Saeki) and Global Brain Corporation (President: Yasuhiko Yurimoto) as joint lead investors, HAKKI completed an additional ¥738 million financing (including debt) with Globis Capital Partners (Representative Director: Yoshito Hori) as joint lead investor. Total Series C funding is now ¥2.71 billion.

Equity investors in the third-party allotment (in no particular order):

[1st close]

• SMBC Venture Capital Co., Ltd.
• Global Brain Corporation
• Norinchukin Bank (fund managed by Global Brain Corporation)
• Globe Advisors Co., Ltd.
• Gogin Capital Co., Ltd.

[2nd close]

• Globis Capital Partners
• SBI Group
• TIS Inc.

Debt and related financing participants (in no particular order):

• Sumitomo Mitsui Banking Corporation
• Funds Startups
• Hokkoku Bank
• Fals Co., Ltd.

Cumulative funding since founding stands at ¥4.90 billion. With this raise, HAKKI will further accelerate overseas expansion.