Farmnote Holdings, Inc. announce that it will raise funds in an equity round of funding in May 2023. The transaction include participation from new investors, Ohayo Dairy Products Co.,Ltd., Idemitsu Kosan Co.,Ltd., Sapporo Innovation Fund, a fund managed by DG Ventures, Inc.,Tomoe Dairy Processing Co., Ltd., Kobashi Holdings Co., Ltd., Meiji Holdings Co., Ltd., Development Bank of Japan Inc. and returning investor Chiba Dojo No. 2 Fund, a fund managed by Chiba Dojo Co., Ltd. and other individual investors.

The company has raised ¥5,300 million as funding till the date.