OPENLOGI Inc. announced that it will receive its series C round of funding on October 23, 2020.

On the same date, the company received its first tranche. The company received over ¥1.7 billion and non-convertible debt in the tranche. The tranche included participation from existing investor, Signifiant and Shinsei Corporate Investment Limited, Sumitomo Corporation (TSE:8053), Seino Holdings Co., Ltd. (TSE:9076), Sojitz Corporation (TSE:2768) and Chiba Dojo Co., Ltd. The company intends to complete the transaction by the end of 2020. The company has raised over ¥2.7 billion in funding till date.