Valuedesign Singapore Pte. Ltd. announced that it has received ¥33 million in an equity round of funding on July 20, 2017. The transaction including participation from T-Gaia Corporation (TSE:3738) for gross proceeds ¥9 million and existing investor, Valuedesign Inc. (TSE:3960) for gross proceeds of ¥24 million.

Post the closing, the T-Gaia Corporation will hold 25% stake and Valuedesign Inc. (TSE:3960) will hold 75% stake in the company. The transaction is expected to close on September 1, 2017. Post the closing, the registered capital of the company will increase from ¥4 million to ¥37 million.