JCG Co., Ltd. announced a private placement of new shares for gross proceeds of ¥500 million led by DBJ Capital Co., Ltd. on May 12, 2021. The transaction included participation from Nippon Venture Capital Co., Ltd., Mizuho Capital Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., East Investment Capital K.K., T-Gaia Corporation (TSE:3738) and Mitsubishi Estate Co., Ltd. (TSE:8802). The company has raised ¥1,700 million in funding till date.