HMS Corporation,Inc. announced that it has received ¥300 million in funding from REVIC Capital Co., Ltd., Long Black Partners Co.,Ltd., Investment Arm, QTnet,Inc., Seiko Electric Co., Ltd., Sagin Capital & Consulting Co., Ltd.
April 01, 2024
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HMS Corporation,Inc. announced that it has raised ¥300 million in a round of funding on April 2, 2024. The transaction included participation from new investor Kyushu Kouiki Fukkou Shien Fund a fund managed by REVIC Capital Co., Ltd., Long Black Partners Co.,Ltd., Investment Arm, QTnet,Inc., Seiko Electric Co., Ltd. and Sagin Venture Capital Fund L.P. No. 5, a fund managed by Sagin Capital & Consulting Co., Ltd. The company has raised a total funding of ¥860 million.
SEIKO ELECTRIC CO., LTD. is a Japan-based company mainly engaged in the electric power business, environmental energy business, information business and service business. The Company has four business segments. The Power segment is engaged in the manufacture and sale of power control systems, power switching devices, distribution automation equipment and intelligence equipment. The Environment and Energy segment is mainly engaged in the manufacture and sale of public and environmental systems, industrial plant systems, power distribution systems and storage systems. The Information segment is mainly engaged in the manufacture and sale of cloud service products for ports, healthcare and e-learning services. The Service segment is mainly engaged in the provision of engineering services of electrical equipment, and the insurance agency business. The Company is also engaged in the electrical construction business and the equipment installation business.
HMS Corporation,Inc. announced that it has received ¥300 million in funding from REVIC Capital Co., Ltd., Long Black Partners Co.,Ltd., Investment Arm, QTnet,Inc., Seiko Electric Co., Ltd., Sagin Capital & Consulting Co., Ltd.