DennoKotsu.Inc. announced that it has received ¥500,000,000 in a round of funding on October 8, 2020. The transaction in included participation from new investors Mitsubishi Corporation (TSE:8058), Daiichi Koutsu Sangyo Co.,Ltd. (FKSE:9035), Mk.Co.,Ltd., The Awa Bank, Limited (TSE:8388), Iyogin Capital Co. Ltd., JR East Start UP Co., Ltd., returning investors JR West Innovations Co., Ltd., JapanTaxi Co.,Ltd. and NTT Docomo Ventures, Inc. The company received the funding through third party allotment.