Microwave Chemical Co.,Ltd. announced that it expects to receive ¥580 million in funding from Chishima Real Estate Co., Ltd., Taiyo Kagaku Co.,Ltd., OSAKA University Venture Capital Co., Ltd., JAFCO Co., Ltd., The University of Tokyo Edge Capital Co., Ltd..
September 17, 2015
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Microwave Chemical Co.,Ltd. announced that it will receive ¥580 million in its series D equity round of funding on September 18, 2015. The transaction will include participation from new investors, OSAKA University Venture Capital Co., Ltd., Taiyo Kagaku Co., Ltd., Chishima Real Estate Co., Ltd., and existing investors, The University of Tokyo Edge Capital Co., Ltd. and JAFCO Co., Ltd. OSAKA University Venture Capital Co., Ltd. will invest ¥300 million in the transaction. The transaction is expected to close by the end of September 2015.
Microwave Chemical Co Ltd is a Japan-based company mainly engaged in the microwave chemistry-related businesses. The Company is engaged in the research, development and engineering of microwave chemistry processes. The Company is engaged in the provision of one-stop solutions from research and development to engineering and manufacturing support according to customer issues. The research, development and engineering solutions have four phases: lab development, demonstration development, actual machine introduction (equipment sales), and manufacturing support. The Company is also engaged in the manufacture and sale of products that utilize microwave chemistry processes.
Microwave Chemical Co.,Ltd. announced that it expects to receive ¥580 million in funding from Chishima Real Estate Co., Ltd., Taiyo Kagaku Co.,Ltd., OSAKA University Venture Capital Co., Ltd., JAFCO Co., Ltd., The University of Tokyo Edge Capital Co., Ltd..