Laxus Technologies Inc. announced that it expects to receive ¥1.4 billion in funding from Japan Asia Investment Co., Ltd., Mitsubishi UFJ Capital Co. Ltd., Mitsui Sumitomo Insurance Venture Capital Co., Ltd., SMBC Venture Capital Co., Ltd., Optima Ventures Co., Ltd., and other investors
January 16, 2017
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Laxus Technologies Inc. announced that it will raise ¥1,400,000,000 equity of funding on January 16, 2017. The transaction will take place through a third party capital increase.
On the same day, Laxus Technologies Inc. closed the transaction. The company raised ¥700,000,000 from Japan Asia Investment Co., Ltd. (TSE:8518), Mitsubishi UFJ Capital Co. Ltd., Mitsui Sumitomo Insurance Venture Capital Co., Ltd., SMBC Venture Capital Co., Ltd., Optima Ventures Co., Ltd., three individual shareholders and existing shareholder WiL.
Japan Asia Investment Company, Limited is a Japan-based company mainly engaged in the investment business in Japan and other areas of Asia. The Company is engaged in the investment through its funds such as investment partnerships and others, which are established by institutional investors and other investors and by the Group's own investment. The Company operates through three investment businesses. The management and operation business is involved in the conduction, management and operation of funds, as well as the provision of services of undertakes accounting and in-kind management. The investment business is involved in the investment in private equity and projects such as renewable energy, healthcare and smart agriculture. The other business in involved in the provision of peripheral services such as provides various types of information and services for supporting investee companies and investing in projects.
Laxus Technologies Inc. announced that it expects to receive ¥1.4 billion in funding from Japan Asia Investment Co., Ltd., Mitsubishi UFJ Capital Co. Ltd., Mitsui Sumitomo Insurance Venture Capital Co., Ltd., SMBC Venture Capital Co., Ltd., Optima Ventures Co., Ltd., and other investors
JAPAN ASIA INVESTMENT CO., LTD. 
