Umax Group Corp. (OTCPK:UMAX) announced that it will raise $100,000 in a round of funding on March 20, 2014. The company will issue non-convertible debt and option, warrant or other right to acquire another security pursuant to exemption provided under Regulation D. The minimum investment accepted from any outside investor is $10,000.

On May 12, 2014, Umax Group Corp. closed the transaction. The company has received $60,000 in funding from two investors.