Microwave Chemical Co.,Ltd. announced that it has received ¥1.20 billion in funding from Innovation Network Corporation of Japan, JAFCO Co., Ltd., Nippon Venture Capital Co., Ltd., and The University of Tokyo Edge Capital Co., Ltd.
June 01, 2014 at 12:00 am EDT
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Microwave Chemical Co.,Ltd. announced that it has received ¥1,200,000,000 in a round of funding on June 1, 2014. The transaction included participation from new investor, Innovation Network Corporation of Japan, which invested ¥800,000,000 in the transaction, and existing investors, The University of Tokyo Edge Capital Co., Ltd., Nippon Venture Capital Co., Ltd., and JAFCO Co., Ltd.
On June 1, 2014, Microwave Chemical Co.,Ltd. closed the transaction.
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 has received ¥1.20 billion in funding from Innovation Network Corporation of Japan, JAFCO Co., Ltd., Nippon Venture Capital Co., Ltd., and The University of Tokyo Edge Capital Co., Ltd.