Completed Series A financing of approximately 940 million yen

〜˜Accelerating the construction of resource circulation infrastructure, capital investment in circulation centers, and strengthening the PASSTO brand to promote the systematization of collection~.

　(Head office: Satsumasendai City, Kagoshima Prefecture; CEO: Teruyuki Kawano), a developer of infrastructure and systems for a recycling-oriented society and a reuse and recycling business, has raised approximately 940 million yen through a Series A round by October 13, 2023, by issuing new shares to nine companies through a private placement. The company raised approximately 940 million yen through a Series A round by October 13, 2023. Going forward, we will promptly execute investments in systems, facilities, human resources, and branding. We aim to further accelerate the creation of an infrastructure for resource recycling by expanding our collection, sorting, and redistribution system, with a focus on augmenting our circulation center and introducing an automated sorting system.

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