WAKAZE raises approximately ¥1 billion Series B led by JAFCO
The sake producer also signed a capital partnership agreement with Takara Holdings.
WAKAZE announced an approximately ¥1 billion Series B on January 11, 2023. JAFCO Group led the round, joined by Takara Holdings, DBJ Capital, Egg Forward, SMBC Venture Capital and one individual investor.
The company planned to fund marketing in Europe, the United States and Asia, establish a US base, hire and expand French production equipment. It also signed a capital partnership agreement with Takara Holdings and began discussions on manufacturing and distribution collaboration.
Use of funds
Europe, United States and Asia marketing
United States base and hiring
French production equipment