ESep, Inc announced that it has received ¥660 million in funding from Nittoseiko Co.,Ltd., Hiroshima Venture Capital Co., Ltd., SBI Investment Co., Ltd.
June 28, 2024
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eSep, Inc announced that it will receive a round of funding on June 28, 2024.
On the same date, the company has received ¥660,000,000 in its first tranche. The series B round of funding included participation from new investors, Nittoseiko Co.,Ltd., Hiroshima Venture Capital Co., Ltd., and returning investor, Mitsui Kinzoku-SBI Material Innovation Fund, a fund managed by SBI Investment Co., Ltd.. The company raised funding through a third-party allotment of new shares. The transaction is expected to close around the end of September 2024.
NITTO SEIKO CO., LTD. is a manufacturer of industrial fasteners and tools, industrial and precision machinery, as well as measuring and control equipment. The Company operates in three business segments. The Fastener segment offers precision screw parts, special cold-headed parts and industrial fasteners. The Industrial Machinery segment offers automatic assembly systems, including free cycle conveyors, automatic screw fastening machines, automatic rivet caulking machines, assembly robots and other industrial machinery. The Control segment offers flow meters, high performance inspection sorting equipment, automatic penetration testing machine for geological survey, micro bubble washing equipment.
ESep, Inc announced that it has received ¥660 million in funding from Nittoseiko Co.,Ltd., Hiroshima Venture Capital Co., Ltd., SBI Investment Co., Ltd.
NITTOSEIKO CO.,LTD. 
