mui Lab, Inc. announced that it has raised funds in an equity round of funding led by new investor, Miyako Kyodai Innovation Fund No. 2, managed by Miyako Capital Co., Ltd. on November 11, 2022. The transaction included participation from new investors, giftee Inc., Shinshu Startup - Shokei Shien Fund, managed by Future Venture Capital Co., Ltd., returning investors, Monozukuri Ventures Inc., EEI No.

4 Innovation and Impact Fund, managed by Energy & Environment Investment, Inc. and Mizuho Seicho Shien Fund 4, managed by Mizuho Capital Co., Ltd. The company issued shares through third party allocation method.