ZenmuTech, Inc. announced that it has raised ¥ 240 million in a equity round of funding on October 17, 2023.The company raised money through third-party allotment capital increase and allotment of paid stock acquisition rights The transaction included participation from new investors, AIST Solutions Co., Ltd., H&Partners Co., Ltd., Kyodo News K.K., Japan Investment Adviser Co., Ltd., The Chugoku Electric Power Co., Inc., Tottori Chiho Sosei Fund No. 3, a fund managed by Tottori Capital Co., Ltd., Haudi Investment Inc., Hokuriku Electric Power Business Investment LLC, Yano Research Institute Ltd., returning investor Innovation Engine, Inc., individual investors, and other business companies. The company has raised a total of ¥1.2 billion in funding till date.