APB Co., Ltd. announced that it has received ¥1.1 billion in funding from Sanyo Chemical Industries Ltd., Sintokogio,Ltd., Mitsubishi UFJ Financial Group, Inc., Investment Arm
December 22, 2020
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APB Co., Ltd. announced that it has received ¥1,100,000,000 in a round of funding on December 22, 2020. The transaction will include participation from Sintokogio,Ltd. (TSE:6339), Mitsubishi UFJ Financial Group, Inc., Investment Arm for aggregate gross proceeds of ¥ 400,000,000 and returning investor Sanyo Chemical Industries Ltd. (TSE:4471) for ¥ 700,000,000. The company has raised ¥10,000,000,000 funding till date.
Sintokogio,Ltd. is a company mainly engaged in manufacture and sale of casting, surface treatment, environment, carrier, special machine business, and other equipment and components. The Company operates in five business segments. The Casting segment offers molding machines, casting sand processing devices, granular processing equipment and components. The Surface Treatment segment offers shot blasting machines, components of surface treatment equipment, as well as shot materials and abrasive materials. The Environment segment offers dust collectors, deodorization equipment, water processing equipment and other components. The Carrier segment offers lifting devices, conveyors and conveying system. The Special Equipment segment offers inspection and measurement devices, servo-cylinders, handling robot and ceramics products. The others engages in design of machinery, information-related business and welfare businesses.
APB Co., Ltd. announced that it has received ¥1.1 billion in funding from Sanyo Chemical Industries Ltd., Sintokogio,Ltd., Mitsubishi UFJ Financial Group, Inc., Investment Arm
SINTOKOGIO,LTD. 