Axismotion Inc. announced that it has received ¥500 million in funding from REVIC Capital Co., Ltd., Japan Property Management Center Co., Ltd., Global Catalyst Venture Management Japan and other investors
November 07, 2017
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Axismotion Inc. announced that it has received ¥500 million in an equity round of funding from new investors Kyushu Kouiki Fukkou Shien Fund, fund managed by REVIC Capital Co., Ltd., Japan Property Management Center Co., Ltd. (TSE:3276), TSVF1 Fund L.P., Office M Co., Ltd and existing investor Global Catalyst Venture Management Japan. the company issued shares through third party allotment method.
Japan Property Management Center Co Ltd is a Japan-based company mainly engaged in the development of property management business nationwide, centered on lump-sum lease business. The Company rents real estate properties (rental housing such as rental condominiums and rental apartments) from real estate owners and subleases them to general residents. The Company is engaged in the rental management on behalf of landlords. Construction work, remodeling work, real estate property management and brokerage, and management of elderly housing are operated by partner companies (real estate management companies, construction companies, remodeling companies, and long-term care companies) nationwide. The Company is also engaged in the delinquency guarantee business, insurance business, broadband business (JPMC Hikari), sales business of building materials, and contract for renewal, remodeling and renovation work in the metropolitan area.
Axismotion Inc. announced that it has received ¥500 million in funding from REVIC Capital Co., Ltd., Japan Property Management Center Co., Ltd., Global Catalyst Venture Management Japan and other investors