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2021-12-15:Raises funds from operating companies and CVC

PtBio Inc. (Head office: Higashihiroshima City, Hiroshima Prefecture, CEO: Keisuke OKUHARA, hereinafter "PtB") has raised a total of 280 million yen through a private placement of new shares with two subscribers: Food & Life Companies, Inc. (Head office: Suita City, Osaka; President and CEO: Koichi MIZUTOME; hereafter, "F&LC"), which owns restaurant-related businesses such as Sushiro and Kyotaru, and Yanmar Ventures Co. (Head office: Osaka, Japan, President and Representative Partner: Nobuyuki ODA, hereinafter "YV"), which invests in startups with technology that will change the world and promotes co-creation with the Yanmar Group.

Use of Proceeds

- Strengthening of R&D structure (hiring of R&D personnel/engineers)

- Strengthening of business promotion system (hiring of management and back-office personnel)

For details, please refer to the following URL

<Reference Links>


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