Ocean completes second Series A close, bringing the round to about ¥500m
KURONEKO Innovation Fund 2 and Shizuoka Capital join the Japanese tax-refund platform’s financing.
Logistics and regional banking networks join the shareholder base
The approximately ¥500m total includes the first close announced in September. Ocean did not disclose the amount raised in this second share issuance.
The company plans to explore collaboration with Yamato Group and Shizuoka Financial Group, using logistics and local-business connections to reach retailers beyond major urban stores. It is preparing merchant support ahead of the November transition described in its announcement.
Use of funds
Strengthen retailer transition support and product development
Develop collaboration with logistics and regional financial partners