Cellusion raises $21 Million in Series C Round

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TOKYO– Cellusion Inc. (Head Office: Tokyo; CEO: Shin Hatou; hereinafter referred to as “Cellusion”) announced that it has raised 2.83 billion yen (21 million USD) in Series C Round financing.

New investors of the third-party allocation of shares in this Round are the investment limited partnerships operated by JIC Venture Growth Investments Co., Ltd., NISSAY CAPITAL Co., Ltd., SPARX Asset Management Co., Ltd. (Mirai Creation Fund III), Axil Capital Partners II LLP, Nikon-SBI Innovation Fund, and AIS CAPITAL LIMITED, while existing investors are the investment limited partnerships operated by The University of Tokyo Edge Capital Partners Co., Ltd., DBJ Capital Co., Ltd., SMBC Venture Capital Co., Ltd., and Gemseki Inc.

Cellusion has raised 4.5 billion yen (33 million USD) in total to date.