WAmazing Raises Additional JPY 1.4 Billion in Series C Funding

WAmazing

WAmazing, a Tokyo, Japan-based startup developing a tourism platform service for overseas tourists to Japan, raised additional JPY 1.4 Billion in Series C funding.

WAmazing has raised a cumulative total of JPY 2.01 billion in the Series C funding, bringing the total amount raised since its establishment in July 2016 to JPY 4.53 billion.

Backers included Hyogo Chiiki Kasseika Fund Investment LPS, Chugin infinity fund NO.2 investment limited partnership, ACT, INC., SEGA SAMMY HOLDINGS INC., YAMASHITA, LTD., SAGIN Venture Capital Investment Business Limited Liability Partnership Number 5, Emergence For The Future fund 1.0, SuMi TRUST innovation investment limited partnership, Iwate new business creation fund No. 3 investment limited partnership, eole, POCKRT CULTURE CO.,LTD, QR NO.2 fund investment limited partnership, Japan Post Capital Co.,Ltd., Japan Finance Corporation,

The company intends to use the funds to accelerate growth by promoting capital and business alliances with new strategic investors that wish to strengthen their inbound business, and by collaborating with regional banks that are seeking to revitalize their local communities through inbound business.

Founded in July 2016 and led by CEO Fumiko Kato, WAmazing provides a tourism platform service for overseas visitors to Japan. The system offers online (Web, App, WeChat) centralized travel reservation arrangements (OTA business) for five consumption categories (accommodation, sightseeing, shopping, transportation, and food & beverage) of inbound tourism to Japan. Free SIM distribution machines have been set up at 25 airports in Japan with regular international flights, and free SIM cards are being offered to increase our registered membership. The main service regions are Taiwan, Hong Kong, Mainland China, Southeast Asian countries, and Australia.

FinSMEs

08/12/2023