Yuabread, Inc. announced that it has received ¥260 million in funding from giftee Inc., FFG Venture Business Partners Co., Ltd., GxPartners LLP, Global Brain Co., Ltd., AG Capital AD
May 09, 2021
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On May 10, 2021, Yuabread, Inc. closed the transaction. The company has raised about ¥260 million in the transaction. The transaction included participation from AG Capital AD and from KDDI Regional Initiatives Fund No. 1, a fund managed by Global Brain Co., Ltd. for ¥80 million in the transaction. The company closed it final tranche.
giftee Inc. is a Japan-based company principally engaged in the planning, development and operation of e-gift services for individuals, corporations and local governments. The main services include giftee service, giftee for Business service, eGift System service, and local currency service Welcome! STAMP. The giftee service allows an individual user to select an e-gift on the giftee application or a Website browser, purchase it by credit card or carrier payment and send it to those who receive it via social networking service (SNS). The giftee for Business can be used when a corporation gives a gift to its users through a campaign. The eGift System service allows corporations such as restaurants and retail stores to generate, distribute, sell, settle, and manage results for e-gifts. The Company also receives system usage fees from local currency issuers who have introduced the Welcome! STAMP local currency service.
Yuabread, Inc. announced that it has received ¥260 million in funding from giftee Inc., FFG Venture Business Partners Co., Ltd., GxPartners LLP, Global Brain Co., Ltd., AG Capital AD