Lestas Inc. announced that it has received ¥1 billion in funding from a group of investors
June 24, 2020
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Lestas Inc. announced that it has received up to ¥1,000,000,000 in a round of funding on June 25, 2020. The transaction included participation for shares from new investor Imura Envelope Co., Inc. (TSE:3955) for the gross proceeds of ¥200,025,536 and stake of 9.44% along with other new investors Hack Ventures, Inc., Mizuho Capital Co., Ltd. and Japan Startup Support Association. The transaction also included participation for loans from the lenders including Japan Finance Corporation, Mizuho Bank, Ltd. and Resona Bank, Limited. The company has raised the funding through third party allotment method.
Imura & Co Ltd is a Japan-based company mainly engaged in the manufacture and sale of various envelopes, and the delivery agency for direct mail. The Company operates through two business segments. The Package Solution segment manufactures and sells various types of envelopes, including long envelopes, square envelopes, western envelopes, window envelope and nonwoven fabric envelopes, and landscaping materials. The Mailing Service segment engages in direct mail planning, production, and delivery services, booklets and various promotional products enclosing, packing and delivery agency services, customer list management, data printing services, media matching and campaign secretariat, and logistic services. The Company also engages in the sale of computers and peripherals, the development of software, manufacture and sale of printed materials and goods for medical institutions, automatic control devices and electronic circuits for machinery and equipment.
IMURA & CO.,LTD. 
