akippa Inc. announced a private placement of common shares for gross proceeds of ¥810,000,000 on May 22, 2018. The transaction included participation from new investors Japan Post Capital Co., Ltd., Nippon Rent-A-Car Service, Inc., FFG Venture Business Partners Co., Ltd., Chubu-Nippon Broadcasting Co., Ltd. (NSE:9402), Chishima Real Estate Co., Ltd., JR East Start UP Co., Ltd., and existing investor Sumitomo Corporation (TSE:8053). The company raised the funding through third party allocation.