Timee, Inc. announced that it expects to receive ¥1.34 billion in funding from Prologis, Inc., Higin Capital Co., Ltd., Kintetsu Venture Partners, i Mercury Capital, global bridge HOLDINGS Co., Ltd., Colopl Next, Inc. and other investors

Timee, Inc. announced that it will receive ¥1.34 billion in a round of funding on September 14, 2020. The transaction will include participation from Prologis, Inc. (NYSE:PLD), Higin Venture Fund, a fund managed by Higin Capital Co., Ltd., Kintetsu Venture Partners, i Mercury Capital, global bridge HOLDINGS Co., Ltd. (TSE:6557), Colopl Next Jisedai Kigyouka Fund a fund managed by Colopl Next, Inc., and multiple individual investors, and financial institutions. The transaction is expected to close by September 2020.

The company will raise funding through third-party allotment of capital