
Shinsei Bank backs Series B for Japan's Smart Education
Shinsei Corporate Investment (SCI), a unit of Japan's Shinsei Bank, has committed JPY75.3 million ($748,000) to educational smartphone app developer Smart Education. This brings the start-up's Series B round to a total of JPY350 million.
Prior to this investment, Smart Education raised JPY200 million from Mitsubishi UFJ Capital and Infinity Venture Partners in December 2012, plus an additional JPY75 million from Fuji Startup Ventures and...
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