ECOMMIT Completes Approximately JPY 1.5 Billion in Series B Funding

ECOMMIT Co., Ltd., which is building infrastructure for the collection, sorting, and recirculation of unwanted goods toward a circular society, has completed a Series B funding round of approximately JPY 1.5 billion through a third-party allotment of new shares to nine investors, including Mercari, Simplex Capital Investment, and Japan Post Asset Management.

The company plans to use the funds to invest in the digital transformation and automation of the ECOMMIT Tokyo Circular Center, as well as the expansion of PASSTO locations and the strengthening of its services, with the aim of further accelerating the development of infrastructure for resource circulation.

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