Cocolomi Co., Ltd. announced that it will issue common shares for up to ¥20,000,000 in a round of funding on January 21, 2019. The transaction will involve participation from new investor Management Solutions Co.,Ltd. (TSE:7033). The transaction will be carried out through third party allocation. Prior to the transaction, the company has issued capital of ¥15,000,000. The transaction is expected to close on January 31, 2019. The transaction has been approved by the investor's board of directors.