SoVa Inc. announced a placement of common shares for gross proceeds of approximately ¥230 million in March 2023. The transaction included participation from new investors, JAFCO Group Co., Ltd., Globe Advisors Ventures LLP, East Ventures Pte. Ltd., Coconala Skill Partners, Bridge Consulting Group Inc., Chugin Capital Partners, Saison Ventures Co., Ltd., RSM Shiodome Partners Co., Ltd., G-Startup Fund, a fund managed by, Globis Capital Partners Co., Ltd. along with individual investors, Noriaki Yamada, Yutaro Murakami, Tatsuya Fukano and Masahiko Tezuka.

The method of capital increase is through third-party allotment.