SAKA NO TOCHU Co., Ltd. announced that it expects to receive funding from SBI Investment Co., Ltd., Ajinomoto Co., Inc., Taliki Co., Ltd., THE KYOTO SHINKIN BANK, Hack Ventures, Inc., Mitsui Sumitomo Insurance Venture Capital Co., Ltd.
May 13, 2021
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SAKA NO TOCHU Co., Ltd. announced that it will receive an equity round of funding on May 14, 2021. The transaction will include participation from House Foods Group - SBI Innovation Fund, a fund managed by SBI Investment Co., Ltd., Ajinomoto Co., Inc. (TSE:2802), Taliki Co., Ltd., THE KYOTO SHINKIN BANK, Hack Ventures, Inc., Mitsui Sumitomo Insurance Venture Capital Co., Ltd., and GLIN Impact Capital. The transaction is expected to close on May 17, 2021. The company has so far raised ¥1,372 million in funding till date.
Ajinomoto Co., Inc. specializes in the production and marketing of food and pharmaceutical products. Net sales break down by activity as follows:
- sale of food products (57%): seasonings (brands AJI-No-Moto and Hon-Dashi), mayonnaise (Pure Select), instant noodles, beverages, etc.;
- sale of frozen products (19.7%);
- other (23.3%).
SAKA NO TOCHU Co., Ltd. announced that it expects to receive funding from SBI Investment Co., Ltd., Ajinomoto Co., Inc., Taliki Co., Ltd., THE KYOTO SHINKIN BANK, Hack Ventures, Inc., Mitsui Sumitomo Insurance Venture Capital Co., Ltd.
AJINOMOTO CO., INC. 
