QibiTech Inc. announced that it has received ¥68.4 million in funding from WILLTEC Co.,Ltd., Think Eye Holdings Co., Ltd., TAKUMI Co., Ltd.
September 16, 2020
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QibiTech Inc. announced that has received ¥68,400,000 in an equity round of funding on September 17, 2020. The transaction included participation from Think Eye Holdings Co., Ltd, Takumi Co., Ltd. and new investor WILLTEC Co.,Ltd. (TSE:7087) which signed an investment contract to receive 6.9% stake in the company after completion. The securities are issued through third-party allotment method.
WILLTEC Co.,Ltd. is engaged in the manufacturing support business, construction support business and EMS business. The Company operates in three business segments. The Manufacturing Support segment is mainly engaged in the manufacturing contracting and dispatching business, the mechanical and electrical engineer dispatching business, and the repair service business. The Construction Support segment conducts construction engineer dispatching business. The EMS segment includes contract manufacturing and electronic parts wholesale. The other businesses include support for the disabled, livestock industry business and overseas businesses.