We are pleased to announce our participation in a new investment in Newmo Inc. (Headquarters: Minato-ku, Tokyo; CEO: Naoki Aoyagi), a company operating rideshare and taxi services. This investment, part of Newmo’s additional Series A funding round, was made in collaboration with multiple investors. The recent funding amounts to approximately 6.3 billion yen, bringing the total raised in the Series A round to approximately 16.7 billion yen and cumulative funding since the company’s founding to about 18.7 billion yen.
(Related link: https://prtimes.jp/main/html/rd/p/000000022.000137033.html)