LinQ Inc announced that it expects to receive ¥2 billion in funding from MIXI, Inc.
April 16, 2023
Share
LinQ Inc announced that it will receive ¥2,000 million in a round of funding on April 17, 2023. The transaction will include participation from new investor MIXI, Inc. The transaction is expected to receive in tranches and is expected to close on March 31, 2024.
MIXI Inc is a Japan-based company mainly engaged in the digital entertainment business, sports business and lifestyle business. The Company operates through three business segments. The Digital Entertainment Business segment is engaged in the provision of games for smart devices, the implementation of related events, and the production and sale of goods. The Sports Business segment is engaged in the investment in sports team management and public sports related businesses. The Lifestyle Business segment is engaged in the management of services that are related to people's lives using the Internet. The main services include Kazoku Album Mitene, a photo and video sharing application for families, and minimo, a salon staff direct reservation application.