Valuedesign (Thailand) Co., Ltd. announced that it has received ¥11 million in an equity round of funding on July 20, 2017. The transaction will include participation from T-Gaia Corporation (TSE:3738) for gross proceeds ¥4 million and Valuedesign Inc. (TSE:3960) for gross proceeds of ¥7 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 December 15, 2017.