COUNTERWORKS Inc. announced that it has raised approximately ¥1.2 billion in a round of funding led by new investor Z Venture Capital Co., Ltd. on October 31, 2023.The company has raised through ¥860 million in equity and ¥350 million in debt. The transaction involved participation from new investors Daiwa Corporate Investment Co., Ltd., New Commerce Ventures Co., Ltd., Smaregi, Inc., Mitsui Fudosan Co., Ltd., Toshiba Tec Corporation, Kepple Capital Co., Ltd., Toyoda Gosei Co., Ltd., ALL-Japan Tourism-Oriented Country Fund, Regional Revitalization Solution, Inc., Japan Finance Corporation and Shizuoka Bank.