Whomor Inc. announced that it has received ¥790 million in funding from SIG Asia Investments, LLLP, Kadokawa Corporation, Mappa Co., Ltd., Nippon Venture Capital Co., Ltd.
July 05, 2023
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Whomor Inc. announced that it has issued non-convertible debt and common shares for gross proceeds of ¥790,000,000 on July 6, 2023. The transaction includes participation from new investors, SIG Asia Investments, LLLP, Kadokawa Corporation, Mappa Co., Ltd., NVCC Investment Limited Partnership No. 9, a fund managed by Nippon Venture Capital Co., Ltd. As part of the round, Amber Liu of SIG Asia Investments, LLLP has joined as an outside director of the company's board of directors.
KADOKAWA CORPORATION, formerly KADOKAWA DWANGO CORPORATION is a Japan-based company principally engaged in publishing business, video & game business, Website service business and others. The Company operates in three business segments. Publishing segment is involved in the publishing and sale of books, electronic books and electronic magazines, the publishing of magazines, as well as the sale of magazines and Website advertisements. Video & Game segment is involved in the licensing of video distribution rights, the sale of video package software, the planning, production and distribution of movies, as well as the planning, development and sale of game software and network games. Website Service segment is involved in the management of moving image community services through portal sites, the planning and management of species events through live events, as well as the renting of mobile event venues to deliver mobile contents through mobile devices.
Whomor Inc. announced that it has received ¥790 million in funding from SIG Asia Investments, LLLP, Kadokawa Corporation, Mappa Co., Ltd., Nippon Venture Capital Co., Ltd.