Asilla, Inc. announced that it has received ¥760 million in funding from Innovation Engine, Inc., aStart Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., AXA Life Insurance Co., Ltd., Tokyu Corporation,
March 04, 2024
Share
On March 5, 2024, Asilla, Inc. closed the transaction. The company received ¥300 million in its second and final tranche brining a total funding of ¥460 million. The transaction included participation from new investor Tokyu Corporation and new lender Japan Finance Corporation.
The company issues shares through third-party allotment and venture debt. The company raised a total amount ¥1.7 billion in funding till date.
Tokyu Corporation specializes in railway transportation services. The group is also developing retail distribution and real estate promotion activities, and is providing entertainment services. Net sales break down by activity as follows:
- retail distribution (62.9%): operating of department stores, supermarkets, etc. The group also offers TV channels broadcasting services ;
- real estate assets promotion and management (17.2%);
- railway and road transportation services (15.9%);
- hotel operating (4%).
Asilla, Inc. announced that it has received ¥760 million in funding from Innovation Engine, Inc., aStart Co., Ltd., Mitsubishi UFJ Capital Co., Ltd., AXA Life Insurance Co., Ltd., Tokyu Corporation,
TOKYU CORPORATION 
