Micoworks which provides a marketing platform that optimizes communication between companies and customers, has raised a total of approximately 3.5 billion yen ( Approximately US$24.5M).
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In this funding, Vertex Growth will serve as the lead investor, along with new investors JAFCO Group, Mitsubishi UFJ Capital, SMBC Venture Capital, and Mizuho Capital, as well as existing investors ALL STAR SAAS FUND and Eight Roads Ventures Japan. Micoworks recently implemented a third-party allotment capital increase of approximately 3.5 billion yen.
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Vertex Growth, the lead investor in this round, is a VC anchored by Vertex Holdings, a subsidiary of Singaporean investment company Temasek. With this procurement as an opportunity, Micoworks will promote the development of product functions and strengthen our organizational structure with an eye on global expansion with a focus on the Asian region.
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About Micoworks
Micoworks will make growth investments to further develop our marketing platform “MicoCloud” and maximize the value it provides. In addition to implementing generative AI/ML technology into products, we plan to strengthen development by making MicoCloud multi-channel and supporting high security infrastructure.
Through this, Micoworks aim to expand the value we provide to our customers and move forward with our business with an eye toward global expansion, including the Asian market.
