TYFFON Inc. announced a private placement of 787,839 series AA-2 SAFE convertible preferred shares at a price of $1.2692952 for gross proceeds of $1,000,000 on June 27, 2018. The transaction involved participation from Tokyu Recreation Co., Ltd. (TSE:9631). The transaction was raised at a post-money valuation of $5,774,277. The shares will be converted to common shares at conversion price of $1.26929 per share.