Equity financing · Consumer

WAKAZE raises ¥330 million for European and US expansion

JAFCO Group, Nissay Capital, Makuake and MAKOTO Capital participated in the financing.

WAKAZE announced ¥330 million in financing on June 9, 2021, from JAFCO Group, Nissay Capital, Makuake and MAKOTO Capital.

The sake company planned to expand its brand across Europe, develop local brewing in the United States and increase equipment capacity at its brewery near Paris. It would also recruit production and marketing staff.

Use of funds

European brand expansion

United States local brewing

French production equipment

Hiring

Funding history

Equity financing · This round¥330M
Equity financing¥150M

Sources

  1. WAKAZE historical financing announcement 2021-06-09prtimes.jp · Jun 9, 2021