Reif Co., Ltd. announced that it has received ¥280 million in funding from SPARX Group Co., Ltd, Paramount Bed Co., Ltd., Dai-ichi Seiko Co., Ltd., Oita Venture Capital Co. Ltd.
September 28, 2018
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Reif Co., Ltd. announced that it has received ¥280 million in a round of funding on September 28, 2018. The transaction included participation from Mirai Creation Fund I, a fund managed by SPARX Group Co., Ltd (JASDAQ:8739), Paramount Bed Co., Ltd., Dai-ichi Seiko Co., Ltd. (TSE:6640), Oita Small and Medium Enterprise Growth Fund, a fund managed by Oita Venture Capital Co. Ltd.
SPARX Group Co., Ltd. is a Japan-based holding company mainly engaged in the asset management business. The Company is engaged in the asset management business for clients, including corporate pension annuities, government entities, private and trust banks and public pension funds; the provision of investment advisory services; the operation of mutual fund business, which includes the provision of various mutual funds to financial institutions and individual investors directly or through brokerage houses, banks and other intermediaries in Japan, Europe and the United States, as well as the securities business, including the provision of advisory services for investors. Through its subsidiaries, the Company is also engaged in the research and operation of foreign stocks, including Japanese, Korean and other Asian stocks.
Reif Co., Ltd. announced that it has received ¥280 million in funding from SPARX Group Co., Ltd, Paramount Bed Co., Ltd., Dai-ichi Seiko Co., Ltd., Oita Venture Capital Co. Ltd.