Asilla, Inc. announced that it expects to receive ¥460 million in funding from Innovation Engine, Inc., aStart Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., AXA Life Insurance Co., Ltd., Tokyu Corporation,
January 17, 2024
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Asilla, Inc. announced that it will receive funding on January 18, 2024.
On the same date, the company has received ¥460 million in a round of funding led by returning investor AXA Life Insurance Co., Ltd. in its first tranche . The transaction included participation from new investors Innovation Engine, Inc., aStart Co., Ltd., and Mitsubishi UFJ Capital Co., Ltd. The company raised a total amount ¥1.2 billion in funding till date. The company is planning to raised debt financing in the future.
Tokyu Corporation specializes in railway transportation services. The group is also developing retail distribution and real estate promotion activities, and is providing entertainment services. Net sales break down by activity as follows:
- retail distribution (62.9%): operating of department stores, supermarkets, etc. The group also offers TV channels broadcasting services ;
- real estate assets promotion and management (17.2%);
- railway and road transportation services (15.9%);
- hotel operating (4%).
Asilla, Inc. announced that it expects to receive ¥460 million in funding from Innovation Engine, Inc., aStart Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., AXA Life Insurance Co., Ltd., Tokyu Corporation,