Wakuwaku Inc. announced a private placement of common shares for the gross proceeds ¥700 million on June 21, 2023. The transaction will include participation from new investors BSP Asset Management Co., Ltd., Sompo Himawari Life Insurance Inc., Saison Ventures Co., Ltd., Shizuoka Capital Company Limited, NCB Venture Capital Co., Ltd., Tsuneishi Capital Partners Co., Ltd., Enigmo Inc., Yamaha Music Entertainment Holdings, Inc, Free Bank Capital Co., Ltd., Watanabe Pipe Co., Ltd., Midas Fund managed by Midas Capital Co., Ltd. and All’s & Company, Inc. and other business companies and individual investors.