Effectual Co.,Ltd. announced that it will receive a round of funding on March 10, 2022. The company will issue preferred shares in the transaction. The transaction will include participation from new investor, Future Link Network Co., Ltd. for 64 preferred shares for gross proceeds of ¥50,000,000 to hold 2.3% stake in the company, AirTrip Corp., Mobilecom Co.,Ltd., returning investor Tokyo University of Science Innovation Capital.

The capital will be raised through third-party allotment method. The transaction has been approved by the board of directors.