HiJoJo Companions, an unbiased asset administration firm offering funding alternatives in unlisted firms, together with unicorns, introduced on the nineteenth that it has accomplished its Collection B1 funding spherical. Via this third-party allotment, the corporate raised roughly ¥1 billion, bringing its whole funding since inception to roughly ¥2.8 billion. This spherical noticed participation from 31 traders, together with funds managed by Pegasus Tech Ventures, i-nest capital, SMBC Enterprise Capital, in addition to H.I.S. and particular person traders.
The corporate operates the unicorn funding platform “HiJoJo.com” for particular person traders, the “HiJoJo Prime” platform for large-scale traders, and gives funding consulting companies “HiJoJo Non-public Market Resolution” for startups and institutional traders. Describing itself as “one of many largest traders in U.S. unicorn firms in Japan,” HiJoJo Companions has been providing funds investing in mid-to-late stage firms to Japanese traders by each face-to-face and on-line channels, with a cumulative funding exceeding ¥50 billion as of the fifth. The minimal funding quantity varies by fund, starting from ¥1 million to ¥2 million.
The newly raised funds can be strategically allotted to increase the enterprise basis. Within the quickly rising international startup funding market, the corporate goals to offer traders with extra numerous and engaging funding alternatives, accelerating service enlargement and enterprise development. In accordance with the corporate, it goals to ascertain a home distribution marketplace for unlisted shares and contribute to the event of the enterprise ecosystem.
HiJoJo Companions was established in November 2017. From November 2024, the corporate transitioned to a co-CEO construction with Spyridon Menzas and Norifumi Akiyama serving as co-representative administrators.
by way of PR TIMES
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