EF Polymer Private Limited announced that it has received ¥550 million in funding from MTG Ventures Co., Ltd., Beyond Next Ventures Co., Ltd., Universal Materials Incubator Co., Ltd., Nishimoto Co., Ltd., The Okinawa Development Finance Corporation, Lifetime Ventures Co., Ltd.

Nishimoto Co., Ltd. is a Japan-based holding company engaged in development and logistics of the Asian food and food materials, as well as the inport and wholesale of vegetable and fruits. The Company operates in two business segments. The Global Asian Food Business segment is involved in the import of Japanese food, as well as the provision of Asian food and ingredients. The Segment is also involved in the wholesale to restaurants and grocery stores. The Agriculture and Fishery Business segment is involved in the import and wholesale of fruits and vegetables and other processed goods to food manufacturers and restaurants. The Company is also involved in the import of overseas foods and groceries, as well as the development, manufacture, import and sale of character goods.