Gecipe completes Series B with ¥660m raised across the round
The final closing combines investment and borrowing for immersive education expansion.
Gecipe announced the final closing of its Series B on 28 October, bringing the financing across the whole round to ¥660 million. The size of the latest tranche was not separately disclosed.
Japan Venture Capital added investment. New funders include Kyoto Capital Partners, Colopl Next, SBI Okasan Alternative Investment, Resona Bank and Japan Finance Corporation, through a combination of investment and borrowing.
The eSpi esports-English operator will expand its education services, develop products and hire staff. It also plans to strengthen its organisation and prepare for an IPO.
Use of funds
Expand immersive education programmes
Develop educational products
Hire and strengthen organisation
Prepare for an IPO