KASASAGI raises ¥450m to expand craft-led architecture and products
The equity financing will support a Tokyo material library, new collections and specialist hiring.
KASASAGI has raised ¥450 million through a third-party share allotment. Named investors include Banjo Yamauchi and Tetsuro Shinoda, alongside other corporate, family-office and individual backers.
The Japanese company brings craft materials and techniques into architecture, interiors and art. It plans to use the funding to open a material library in Tokyo, develop furniture, lighting and building-material collections, and hire specialists across design, construction, research and business development.
Use of funds
Craft material library
Furniture lighting and building material collections
Specialist hiring