FUNGRY ,inc. announced a private placement of common shares for gross proceeds of ¥10,000,000 on March 15, 2021. The transaction will involve participation from existing investor, Branding Technology Inc. (TSE:7067). Post the closing, the investor will retain its 100% stake in the company. The payment date is March 31, 2021. The transaction has been approved by the board of directors of the investor.