Chinoh.Ai Co., Ltd. announced that it expects to receive funding from Trancom Co., Ltd.
May 24, 2020
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Chinoh.Ai Co., Ltd. announced that it will receive an equity round of funding on May 25, 2020. The transaction will include participation from Trancom Co., Ltd.. Post closing of the transaction, the capital of the company will be ¥140 million.
TRANCOM CO., LTD. is a Japan-based company mainly engaged in the provision of logistics business of client companies and the construction and operation of logistics network. The Company operates through three business segments. The Logistics Management business is engaged in the lump-sum commissioning of logistics functions of client companies and the operation of distribution centers. The Logistics Information Service business is engaged in the provision of empty vehicle information and cargo-requesting matching information and trunk transportation. The Industrial Support business is engaged in the provision of production contracting and temporary staffing services. The Company is also engaged in vehicle maintenance and non-life insurance agency, truck leasing and maintenance management, production contracting, overseas logistics and information system development.