Mode, Inc. announced that it expects to receive funding from JR East Start UP Co., Ltd., SBI Investment Co., Ltd., True Venture Management, LLC, Daiichi Jitsugyo Co., Ltd.
April 07, 2024
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Mode, Inc. announced that it will raise a round of funding on April 8, 2024. On the same date, the company has raised $8.75 million in its first tranche, which was led by existing investor SBI Investment Co., Ltd., with participation from new investors JR East Start UP Co., Ltd., Daiichi Jitsugyo Co., Ltd., and existing investor True Venture Management, LLC.
DAIICHI JITSUGYO CO., LTD. is a Japan-based company mainly engaged in the sale of machinery and apparatuses. The Company operates in five business segments. The Plant and Energy segment is engaged in the sale of energy development and production, gas and oil refining, chemical, engineering, construction, paper and pulp-related machinery, equipment and components. The Electronic segment is involved in the sale of electronic, telecommunications, electronics, precision, optic, acoustics and musical instrument-related machinery, equipment and components. The Industrial Machinery segment is involved in the sale of plastics, rubber, automotive, steel, chemicals and food-related machinery, equipment and components. The Pharma segment sells machinery, equipment and parts related to medicines and pharmaceuticals. The Aviation segment sells machinery, equipment and parts related to aviation and disaster prevention. The Company is also involved in the leasing of equipment and other businesses.
Mode, Inc. announced that it expects to receive funding from JR East Start UP Co., Ltd., SBI Investment Co., Ltd., True Venture Management, LLC, Daiichi Jitsugyo Co., Ltd.
DAIICHI JITSUGYO CO., LTD. 
