Yuabread, Inc. announced that it has received ¥600 million in funding from a group of investors
June 31, 2022
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Yuabread, Inc. announced that it has received approximately ¥600 million in its series B round of funding on June 1, 2022. The transaction included participation from 10 companies including new investors KIRIN - GB Investment Limited Partnership, a fund managed by Global Brain Co., Ltd., Chugin Capital Partners, Towa SBI Client Support Fund, a fund managed by SBI Chiki Kasseika Shien Co., Ltd. and Towagin Lease Co.,Ltd., Investment Arm, Nisshin Seifun Group Inc., Mitsubishi UFJ Capital Co., Ltd., returning investors FFG Venture Business Partners Co., Ltd., giftee Inc., Kyushu Open Innovation No. 1 Investment Business Limited Liability Union, a fund managed by GxPartners LLP, and KDDI Regional Initiatives Fund No.
1, a fund managed by Global Brain Co., Ltd, other companies and new individual Masato Minei. The company issued common stock in the transaction. The company has raised approximately ¥1,000 million in funding till date.
The company issued securities through a third-party allocation.
giftee Inc. is a Japan-based company principally engaged in the planning, development and operation of e-gift services for individuals, corporations and local governments. The main services include giftee service, giftee for Business service, eGift System service, and local currency service Welcome! STAMP. The giftee service allows an individual user to select an e-gift on the giftee application or a Website browser, purchase it by credit card or carrier payment and send it to those who receive it via social networking service (SNS). The giftee for Business can be used when a corporation gives a gift to its users through a campaign. The eGift System service allows corporations such as restaurants and retail stores to generate, distribute, sell, settle, and manage results for e-gifts. The Company also receives system usage fees from local currency issuers who have introduced the Welcome! STAMP local currency service.
GIFTEE INC. 
