Cashi Cake inc. announced that it will receive a round of funding on November 21, 2023.

On the same date, the company received $3.7 million in its first tranche from new investors, Mitsubishi Shokuhin Co., Ltd., Mitsui Sumitomo Insurance Capital, SMBC Venture Capital, and undisclosed venture capital firm(s) as well as angel investors including Masaki Yamamoto, Shinichi Takama, Kazutaka Mori, and Hiroyuki Miyake, qualified institutional investor, Yu Kaneko. The company has raised total $5.6 million funding till date.