beBit, Inc. announced that it has signed a financing agreement for gross proceeds of ¥2.5 billion in a round of funding led by new investor Industrial Growth Platform Inc., Investment Arm on July 27, 2020. The company will issue common shares and non-convertible debt in the transaction. The transaction will also include participation from new investors SMBC Venture Capital Co., Ltd., Oita VC Success Fund 6 Investment Business Limited Liability Union, a fund managed by Oita Venture Capital Co.

Ltd., THE GUILD Co., Ltd., The San-in Godo Bank,Ltd. (TSE:8381), Gogin Capital No. 4 Investment Limited Partnership, a fund managed by The Gogin Capital Co. Ltd., The Joyo Industrial Research Institute, Ltd., Investment Arm, Change Inc. (TSE:3962), Dentsu Group Inc. (TSE:4324), Marshmallow Co., Ltd. and Yosemite LLC.