Chowa Giken Corporation announced that it has received ¥300 million in an equity round of funding on May 18, 2020. The transaction included participation from Cresco Ltd. (TSE:4674), Nikko, K.K., Hokuyo SDGs Suishin Fund, a fund managed by Hokkaido Research Institute for the Twenty-first Century Co.,Ltd., Investment Arm, and returning investor, Fusion Co.,Ltd. (SPSE:3977). The company raised funds through third party allotment.