We made additional investment in Asuene.

We have made an additional investment in Asuene Inc. (Headquarters: Minato-ku, Tokyo; CEO: Kohei Nishiwada), a climate tech compound startup, together with several other investors.

Asuene is set to raise 4.2 billion yen through a third-party allotment of shares to a total of 17 domestic and international investors, including existing shareholders, in the first close of its Series C round. The lead investors are Sumitomo Mitsui Banking Corporation, SBI Investment, and Future Creation Fund No. 3 managed by Sparx Asset Management. With the upcoming second close, the total planned funding will reach 5 billion yen. This brings the company’s cumulative fundraising to 10.1 billion yen up to Series C.

(Related link: https://prtimes.jp/main/html/rd/p/000000371.000058538.html )