Japan’s Fuller gets $1.2m seed round
Japanese internet service provider ASAHI Net and m8 Capital, a London-based VC firm, are leading a JPY100 million ($1.2 million) round of seed funding for Japan-based start-up Fuller Inc.
Founded in November 2011, Fuller is a next-generation mobile software development company.
It focuses heavily on phone optimization technology and will launch its first android application outside of Japan in early 2013. The app, which has already launched in Japan, allows the user to monitor and improve the "health" of their phone using an avatar-based user interface.
The company plans to use this new funding to invest in software development and to continue its work rethinking ways to deal with mobile utilities.
"The team at Fuller is working to make apps that enhance the smartphone experience. We're excited to be part of their exciting efforts," said Joseph Kim, general partner at m8 Capital.
More on Venture
Latest News
Asian GPs slow implementation of ESG policies - survey
Asia-based private equity firms are assigning more dedicated resources to environment, social, and governance (ESG) programmes, but policy changes have slowed in the past 12 months, in part due to concerns raised internally and by LPs, according to a...
Singapore fintech start-up LXA gets $10m seed round
New Enterprise Associates (NEA) has led a USD 10m seed round for Singapore’s LXA, a financial technology start-up launched by a former Asia senior executive at The Blackstone Group.
India's InCred announces $60m round, claims unicorn status
Indian non-bank lender InCred Financial Services said it has received INR 5bn (USD 60m) at a valuation of at least USD 1bn from unnamed investors including “a global private equity fund.”
Insight leads $50m round for Australia's Roller
Insight Partners has led a USD 50m round for Australia’s Roller, a venue management software provider specializing in family fun parks.