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Capital increase through third-party allotment to JT - Accelerate investment and development of technology ventures in Japan and overseas
(Headquarters: Shinjuku-ku, Tokyo; President: Kazuhiro Hasegawa; hereinafter "Glocalink") has issued new shares through a third-party allotment to Japan Tobacco Inc.
With this transaction, Glocalink will begin investing in and fostering technology startups not only in Japan, but also in other countries.
■ Characteristics of Glocalink, Inc.
Up until now, GLOKA LINK's management members have supported the commercialization of various seeds and the investment and nurturing of venture companies, mainly in Japan. GLOCA-LINK is a startup investment and nurturing business that aims to work with founders to overcome the various difficulties faced by seed-stage technology companies, such as raising funds and securing management personnel, and to grow together with them.
About Glocalink Inc.https://glocalink.com/)
Location: 5F Iidabashi Miyuki Building, 1-4 Shimomiyaibicho, Shinjuku-ku, Tokyo
Established: June 2010
Capital: 9 million yen
Representative: Kazuhiro Hasegawa, Representative Director
Business activities: Management consulting business, investment development business
About Japan Tobacco Inc.http://www.jti.co.jp/)
Location: 2-2-1 Toranomon, Minato-ku, Tokyo
Established: April 1985
Capital: 100 billion yen
Representative: Mitsuomi Koizumi, President and Representative Director
Business: In addition to the global tobacco business, pharmaceuticals and processed foods
Developing business