Oceans Balance announced that it expects to receive funding from St.Cousair Co., Ltd., Katapult Ocean, and another investor
January 10, 2023
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Oceans Balance announced that it will raise money in the seed round of funding on January 11, 2023. The company will issue common shares in the transaction.
On the same date, the company received investment in its first tranche. The transaction included participation from new investors St.Cousair Co., Ltd., Katapult Ocean, and the chairman of one of the largest natural food companies in the US. The company announced that there will be a second closing in the first quarter of 2023.
St.Cousair Co Ltd is a Japan-based company mainly engaged in the production and sale of food. The Company develops three brands, which include St.Cousair, KUZE FUKU &Co. and Kuze Fuku & Sons. St.Cousair is a brand that focuses on western ingredients such as jams, pasta sauces, and wines, while KUZE FUKU &Co. is a brand of Japanese ingredients inspired by shops from the Taisho period. In addition, Kuze Fuku & Sons is a food brand that combines the goodness of the American mainstream and Japanese cuisine, developed with the goal of global expansion centered on the United States. The brand offers drink bases, drinking vinegars, dressings and jams. The Company provides its products at retail stores, as well as food wholesalers and retailers.
ST.COUSAIR CO., LTD. 
