NearMe secures about ¥520 million for shared and on-demand transport
The Japanese mobility company combined equity investment with a loan to expand regional transport services.
NearMe has secured approximately ¥520 million through equity investment and debt financing. Its cumulative financing now totals about ¥3.88 billion.
The equity investors include JIC Venture Growth Investments Co., Ltd., Aichi Capital, Awagin Capital, Nagoya Capital Partners and Nobunaga Capital Village Co., Ltd. Japan Finance Corporation provided additional lending.
The company will expand AI-supported shared rides and on-demand transport with municipalities and operators, including airport and tourism connections. It also plans to improve dispatch and operating technology and strengthen partnerships with regional financial institutions.
Use of funds
Expand on-demand and shared transport with municipalities and operators
Improve AI dispatch and operations
Strengthen regional financial institution partnerships