Pocketalk Corporation announced that it has received ¥300 million in funding from Spiral Innovation Partners LLP, Shochiku Co., Ltd.
September 23, 2024
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Pocketalk Corporation announced that it has issued 1,500 common shares at a price of ¥300,000 per share for gross proceeds of ¥300 million in an equity round of funding on September 24, 2024. The transaction included participation from new investors Japan Post Spiral Regional Innovation Fund,a fund managed by Spiral Innovation Partners LLP and Shochiku Co., Ltd. The company has received funding ¥5,530 million in funding till date. The company has raised funding through a third-party allotment of new shares.
Shochiku Co., Ltd. is mainly engaged in the image business. The Image-related segment is engaged in the production, purchase, sale, distribution and performance of theater movies, the operation of movie theaters and theater shops, the production and sale of television (TV) movies, the planning and production of commercials, the software production, editing and broadcasting for communications satellite and cable TV, and the manufacture, purchase and sale of video software. The Drama segment plans, produces and performs dramas and dispatches actors. The Real Estate segment leases its own properties. The Others segment is engaged in the manufacture, purchase, sale and leasing of stage costumes, the production and sale of programs, the planning and sale of character goods, the production and sale of drama stage props and audios, the development and licensing of music copyrights, the management and cleaning of real estate.