Tablecross outlines JPY1.26bn Series B package for byFood expansion
The byFood operator’s Series B combines new equity, loans, bond conversions and secondary transfers as it expands food experiences across Japan.
Tablecross, the operator of Japan food-experience platform byFood, announced a Series B financing package on September 1. The company’s corrected disclosure puts the total Series B package at approximately JPY1.26 billion, including financing completed earlier.
The package combines new share subscriptions and loans with bond-to-equity conversions and secondary share transfers. Tablecross did not separately disclose the proceeds from the new primary investment.
The company plans to expand partnerships with local governments and businesses to develop and sell regional food experiences. It will also invest in multilingual booking tools, AI-powered personalisation, overseas marketing and recruitment to connect more international visitors with restaurants and experience providers across Japan.
Use of funds
Develop regional food experiences
Improve multilingual booking and personalization
Expand global marketing and hiring