DennoKotsu.Inc. announced that it has received ¥220,000,000 in an equity round of funding on January 31, 2020. The transaction included participation from returning investors JapanTaxi Co.,Ltd., NTT Docomo Ventures, Inc., JR West Innovations Co., Ltd., BroadBand Tower, Inc. (JASDAQ:3776), and individual investors. The company issued shares through third party allotment method.